Global Foodservice News
Revalize Expands Foodservice E&S Portfolio with Latest Acquisition
KCL joins the Revalize portfolio to expand offerings in the FES industry PRNewswire/ — Revalize, a worldwide leader in CAD, CPQ, and PLM software solutions for manufacturers, announced the acquisition of KCL, the premier design software for foodservice equipment in North America and beyond. Revalize delivers more efficient routes from idea to cash, increasing agility and speed-to-market, while…
Read MoreUS Manufacturing output rises Solidly in September
Production at U.S. factories increased more than expected in September despite strikes in the automobile industry curbing motor vehicle output. This is further evidence that the economy exited the third quarter with momentum. Manufacturing output rose 0.4% last month, the Federal Reserve said on Tuesday. Data for August was revised lower to show production at…
Read MoreGlobal Foodservice News – October 15, Edition
Frozen Food Maker to Expand in California Ruiz Food Products, Inc., a manufacturer of prepared frozen foods for distribution to retail, convenience stores, clubs, vending, industrial, and foodservice, is expanding its manufacturing footprint in Vernon, Calif., by 150,000 square feet. The expansion will include the addition of two buildings in Vernon, near the assets of…
Read MoreChicken N Pickle Keeps its Lead in Pickleball Social Entertainment Segment
THE BRAND, WITH INVESTMENTS FROM NFL SUPERSTARS, PLANS TO NEARLY TRIPLE IN SIZE BY 2025. Chicken N Pickle—a social venue combining food, entertainment, and pickleball—averages about 3.5 acres with parking and 32,000 square feet. Each facility attracts more than 650,000 customers per year and staffs around 180 positions. But at the end of the day,…
Read MoreBrighter Outlook Seen for Global Poultry Market
While the global poultry industry has undergone several months of slow growth, according to a recent Rabobank report, improved demand and lower costs are expected to come in the fourth quarter of 2023 and in early 2024. Global poultry market growth in 2023 will likely only improve by 1.2% — well below the 2.5% historical…
Read MoreChicago Votes to Remove Tipped Minimum Wage
The Chicago City Council recently voted to remove the tipped minimum wage, marking a major win for workers’ rights advocates in the market. Currently, the city’s tipped minimum wage is $9.48, with gratuities making up the difference to the $15.80 minimum wage. As part of the new law, the tipped minimum wage will annually increase…
Read MoreDelivering innovation: Technology advances the restaurant industry
Taking orders at the drive-thru Technology is rapidly changing the way restaurants operate on-site, online, in corporate HQs, and throughout the supply chain. Restaurants of every size and style are adopting apps, software, robotics, and artificial intelligence to take on the tasks that take up time, freeing teams to focus on their core purpose: delivering…
Read MoreYooga wants its restaurant operating system to be ‘Toast of Latin America’
Yooga, developing a Brazil-based restaurant operation management system, raised its first institutional funding of $2.3 million in seed capital. The round was led by SaaSholic with participation by Gilgamesh, Apex Partners and Backfuture. Vinicius Melo, Victor Sortica, and Cassiano Guerra Fernandes co-founded the company in 2017 and bootstrapped Yooga for three years before taking $300,000…
Read MoreResy and Eater co-founder raises $24M for Blackbird, a restaurant loyalty platform
Blackbird Labs, a hospitality tech company whose platform helps restaurants stay in touch with guests and incentivize them to dine out more frequently today announced that it raised $24 million in a Series A round led by Andreessen Horowitz with participation from QED, Union Square Ventures, Shine, Variant and others, as well as restaurant groups…
Read MoreDenny’s names Pankaj Patra as chief digital and technology officer
New position will support the diner brand and Keke’s in IT Denny’s Corp. has named Pankaj Patra to the new position of chief digital and technology officer, the company said Friday. The Spartanburg, S.C.-based owner of the diner and Keke’s Breakfast Café brands said Patra will identify new technology solutions for its divisions and will…
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