by Bud Hilton
Our foodservice industry certainly has seen its share of business closings, due mainly to a poor performing economy that has redirected consumer dollars away from spending in our marketplace. Even in lesser volatile situations, many chain operators have had to at least revert to unit closings as a short-term cure to possible bankruptcy. What can you do?
There is an old adage that goes something like this . . . In times of prosperity you can hide a lot of your spend-sins; in tough economic times they meet you at your front door! Basically, your expenses have to...
Recently Kristin Avery sat down with Tom Tipps to have a conversation about his National Restaurant Association Show experience held in Chicago this past April 29, 2011.
1. In a 100 words or less, what is NRA?
NRA stands for National Restaurant Association and has been around since at least the early 70’s. The NRA show is really an industry gathering recognizing that everyone in the industry is either in a restaurant operations business, distributor, or manufacturers [sic]. Many of our manufacturers attend who sell through distributors to restaurants, so it’s an industry wide function and it’s a great opportunity...