Industry News

Rotten Tomatoes: Scandal Strikes Tomato-Paste Industry

According to Slate.com, “The feds had been investigating his tomato-processing company for more than four years, but Scott Salyer was apparently taken by surprise when the FBI nabbed him at JFK Airport last month. Salyer, who flies his own jet, had been traveling to Paraguay and Andorra, among other locales, … More

Industry News

Dominos: Citi Bullish On 'Revamped Pizza'

According to Blogs.Barrons.com, “Domino’s Pizza (DPZ) shares are trading sharply higher after Citigroup analyst Gregory Badishkanian upped his rating on the stock to Buy from Hold, lifting his price target to $14, from $11.” “The Citi analyst writes in a research note that he believes DPZ has seen a solid … More

Industry News

Domino's Pizza to Increase Headcount By Up to 1,800 in FY'10

According to business-standard.com, “global quick service restaurant chain Domino’s Pizza is planning to hire up to 1,800 new employees during this fiscal to service its expanding chain.”     “The company is also toying with the idea of introducing its small format store concept for walk-in crowds in the Indian market.” … More

Industry News

Fitch: Risk for Restaurants Moderating

According to a news report from Nation’s Restaurant News, “Despite continued weakness in same-store sales growth for nearly all U.S. restaurants, corporate financial risk and bankruptcy fears for leveraged companies are moderating, according to a Tuesday report from Fitch Ratings, a corporate credit rating agency.” “Cost controls, including aggressive expense … More

Industry News

Pizza Sales Hold Strong

According to pennlive.com, “The simple Italian dish made from dough, a slathering of sauce and sprinkling of mozzarella cheese is not only cheap, it’s recession-proof.” “Pizza is the affordable food. A whole pizza is priced about $6 to $15 depending on the size and number of toppings. ‘It’s cheaper for … More

Industry News

Twitter For Sale–Popularity Up For Grabs

According to a press release, First it was popularity on social bookmarking sites like StumbleUpon that was being sold and now Twitter is in the sights of those looking to have their fame and status artificially increased. Web traffic and promotion company uSocial.net – who famously received and ignored a … More

Industry News

Dine-In Restaurants Explore Delivery Service

According to reuters.com, “Amelia’s Bistro, a Jersey City, New Jersey restaurant specializing in new American cuisine, is sending a lot of dinner orders out the door these days, as patrons enjoy everything from sautéed chicken sauvignon to chickpea-crusted Atlantic salmon in the comfort of their homes.” “We’re pretty strong on … More

Industry News

Interchangeability + Versatility = Ingenuity

Melrose Park, IL – These new Black Wooden Serving Boards from American Metalcraft feature indentations to fit a variety of sauce cups with square or rounded bases.  Their versatility makes them suitable for a number of serving situations including individual portions, appetizer presentations, condiment holders, dessert servings, soup shooters, and … More