The cheese stands alone: average block prices are just hanging out

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The cheese stands alone this week, with prices remaining relatively stable for the past three weeks, while wheat is down nearly $0.20.

FEATURES


Domino's, Papa John's share new 52-week high

While cheese and wheat prices hardly moved last week, Domino's and Papa John's both reached new 52-week highs on the same day.

The week sees a rise in gas prices, cheese stays stagnant

Gas prices may be up, but cheese costs have stayed the same for two weeks and things are looking relatively good for pizza stocks this past week.

Commodity prices rise across the board

Last week saw a rise in most prices, including stocks, with natural gas as the exception.

Pizza Hut shares up nearly $2 in 1 week

Commodity prices continue to fall, while Pizza Hut shares race above competitors.

Gas and wheat prices continue to fall

Gas prices have fallen even further and are down more than $1 from a year ago.

How to manage rising food costs

Look into markets that sell seconds or items that are discounted because of overruns.

Gas, cheese, wheat prices all fall to close out the year

Gas prices have fallen 50 cents in the past month and are more than $1 lower than they were this time last year.

Christmas arrives at the gas pump

Fuel experiences its longest streak of declining prices on record, according to AAA.

Low gas prices saving Americans about $200M per day versus 2013

The average cost of fuel is nearly 70 cents lower per gallon than it was last year at this time, and has dropped below the $2 mark in 13 states.

Restaurant industry hurdles expected to continue in 2015

On top of record-high commodities prices, labor inflation, technology costs and health care/menu labeling logistics, there is also intensified competition in foodservice.

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NEWS


Middleby acquires high speed slicing unit

The Middleby Corporation announced it will acquire the assets and the manufacturing facility of the High Speed Slicing business unit of Marel, which has annual revenues of approximately $15 million USD.

FTC challenges proposed Sysco, US Foods merger

The Federal Trade Commission alleges that if the merger between Sysco and US Foods goes forward as proposed, foodservice customers, including restaurants, would likely face higher prices and diminished service.

NoshList changes name to match its app, WaitList Me

NoshList has changed its name to Waitlist Me, according to a company announcement.

Middleby Corp acquires pizza oven manufacturer assets

The Middleby Corporation, foodservice equipment provider, announced it has acquired the assets of Marsal & Sons Inc., a manufacturer of deck ovens based in Lindenhurst, New York with annual revenues of approximately $5 million.

POSsible rolls out latest POS-in-a-Box solution

POSsible POS announced the rollout of its latest restaurant plug-and-play in-a-box solution available at retailers nationwide.

Columbus Foods launches 'all-natural' pizza line

San Francisco-based Columbus Foods is launching an all new ready-to-bake, all-natural pizza line.

Chipotle on Cargill: Don't stop at group housing for sows

Cargill, one of the largest pork producers in the U.S., has completed conversion of all its company-owned farms to group housing for sows. It's a step in the right direction, said a spokesperson for the Chipotle Mexican Grill, but Cargill needs to go further.

Domino's Tracker available for Samsung Smart TVs on Super Bowl Sunday

Domino's expects to deliver more than 11 million pizza slices and more than 3 million chicken wings nationwide on Super Bowl Sunday.

After July 1, NYC will say goodbye to polystyrene foam single-use packaging

Polystyrene foam is not recyclable, and can interfere with recycling and waste reduction efforts by contaminating other recyclables.

Middleby adds Australian equipment manufacturer to roster

The Middleby Corporation plans to acquire Goldstein Eswood, a commercial equipment manufacturer based in New South Wales, Australia. According to a news release, Goldstein Eswood has annual revenues of approximately $25 million USD. Goldstein manufactures ranges, ovens, griddles, fryers and...

Middleby adds Italian foodservice equipment company to roster

The Middleby Corporation has announced the acquisition of Desmon Food Service Equipment Company, based in Nusco, Italy. According to a news release, Desmon has annual revenues of approximately $15 million. The company produces blast chillers and refrigeration for commercial kitchens,...

Foodservice supply association predicts 4.1% growth in 2015

MAFSI representatives are forecasting growth of 4.1 percent for 2015 over 2014, inline with the growth forecast for GDP.

Cardinal International announces product launches

Cardinal International has announced the launch of the new Arcoroc and Tiger-Glass concepts, and has also expanded its Zenix collection. "In the drinkware category, we have worked with beer experts to develop new ways to better market craft brews and...

Vitamix CEO named Entrepreneur of the Year

Jodi L. Berg, president and CEO of Vitamix, has been named the EY Entrepreneur Of The Year 2014 National Family Business Award winner. According to a news release, the EY Entrepreneur Of The Year Award recognizes industry leaders who "demonstrate...

Restaurant groups deride lack of Renewable Fuel Standard decision

Last week, the Environmental Protection Agency announced it will delay the 2014 ethanol volume mandate, a move that will continue to affect commodities costs. The announcement was greeted with strong opposition from restaurant industry organizations. "We are disappointed that the...

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From kitchen equipment to front-of-house furniture, we'll help you stay on top of the latest trends and considerations when it comes to restaurant supply purchases.