Industry News

Breaking news happening in the restaurant industry right now! Get the latest information and stay up to date on all of the trends.

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Natick Wegmans Equipment Auction

Surplus furniture, fixtures, and equipment from the closed Wegmans location in Natick, Massachusetts will be auctioned online at auction website RestaurantEquipment.bid. The auction, with a minimum bid of just $1, will provide an opportunity for independent food and beverage sellers, restaurants, and homeowners to purchase professional-grade furniture, fixtures, and equipment (FF&E) at a fraction of

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Gordon Brothers & TAGeX Brands Form Strategic Alliance to Support Food Service Industry

PRESS RELEASE: Gordon Brothers, the global advisory, restructuring and investment firm, and TAGeX Brands have formed a strategic alliance to provide comprehensive real estate and equipment services to support the food service industry, including the purchase of surplus equipment and real estate.

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Food Inflation: The Impact on the Food & Restaurant Industry

Foodservice is one of the most thriving industries in the world. The industry has been growing steadily over the past few years despite recessions and other economic downturns. While restaurants and other foodservice establishments are keeping up with these trends, they are not, however, immune to the effects of inflation.  It is therefore important for

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Surplus Equipment Solutions

All Colleges & University Partnerships About Us TAGeX Brands helps businesses deal with facility changes (closures & remodels), equipment redeployment, and the liquidation of surplus assets such as equipment, furniture, fixtures, inventory, smallwares & supplies. For over 30 years, our team has collaborated with clients from many sectors on comprehensive strategies while we handle the “heavy lifting”

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10,000 Restaurants Have Closed Over the Past Three Months

According to National Restaurant Association, more than 110,000 restaurants — or about 17% of the total restaurants in the country — have closed permanently or long-term during the COVID-19 pandemic. Joanna Fantozzi | Dec 07, 2020 Nation’s Restaurant News Since the COVID-19 pandemic began in March, 17% of restaurants (or about 110,000 establishments) have closed

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Caitlin Office Interiors Retire After 37 Years; Auction’s Surplus Furniture

Caitlin Office Interiors is a family-owned business located in Upstate New York. The company has successfully grown a reputation in the office supplies business by providing quality office products. These products range anywhere from corporations to schools to hospitals. Bob Bendix, the co-owner of Caitlin Office Interiors, had his first big break when they received

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Souplantation Operator Auctioning Off Restaurant Appliances, Furniture After Permanently Closing All

SOURCE: KTLA 5 NEWS BY ERIN MYERS | LOS ANGELES PUBLISHED Jun 22, 2020 / 04:17 PM PDT / Updated: Jun 22, 2020 / 04:21 PM PDT After filing for Chapter 7 bankruptcy and permanently closing all 97 Souplantation locations, Garden Fresh Restaurants is auctioning off items like ovens, silverware and soda machines online so

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Restaurants put climate change on the menu

San Francisco restaurateurs Anthony Myint and Karen Leibowitz may have been ahead of their time with their environmentally minded restaurant. The Perennial, which closed in February after three years of business in the city’s challenging Mid-Market neighborhood, tried to tackle climate change through hyperlocal sourcing, energy efficiency, an eco-conscious design, food waste prevention and consumer

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