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.

natick wegmans 15100249812.png

Want A Piece Of The Natick Wegmans? Online Auction Set For August

Furniture, fixtures and equipment from the now-closed Natick Wegmans will be auctioned off this month. Here’s what to know. Author: Montana Samuels, Patch Staff NATICK, MA — Looking to bolster the equipment in your shop, or in need of additional items for your professional kitchen? The Natick Wegmans closure could actually help you in those …

Want A Piece Of The Natick Wegmans? Online Auction Set For August Read More »

Screenshot 2023 09 07 at 4.30.43 PM

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 …

Natick Wegmans Equipment Auction Read More »

Untitled design 58

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

October 6, 2022 Gordon Brothers, the global advisory, restructuring and investment firm, and TAGeX Brands, one of the nation’s largest liquidation resources for restaurants, food service operators, supermarkets and convenience stores, have formed a strategic alliance to provide comprehensive real estate and equipment services to support the food service industry, including the purchase of surplus …

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

food inflation

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 …

Food Inflation: The Impact on the Food & Restaurant Industry Read More »

yale

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” …

Surplus Equipment Solutions Read More »

11062b 98797ee3f1f54cdc97b417d3a6986f11 mv2

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 …

10,000 Restaurants Have Closed Over the Past Three Months Read More »

e6dbf6 9afbd182914642cda28be9b6f690e0e3 mv2

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 …

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

e6dbf6 0c22af029a104ad1a8e4ca9fb00cda52 mv2

After a century, Pacific Dining Car closing, will sell food online

Abc7 Eileen Frere Friday, September 18, 2020 3:18AM DOWNTOWN LOS ANGELES (KABC) — Here’s your chance to own a piece of Los Angeles history: the famous Pacific Dining Car is closing its doors and selling some of its classic memorabilia. The steakhouse had been in business for nearly a century. Wes Idol is a grandson …

After a century, Pacific Dining Car closing, will sell food online Read More »

e6dbf6 4df1470110264f899a8c69ee1c1df482 mv2

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 …

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

e6dbf6 25ee1217706549ab9236c09e1d0acbb9 mv2

5 Recent Restaurant Closures Dallas Diners Need to Know

A running round-up of the city’s dearly departed eateries… Dallas’s dining scene moves at a lightning-fast pace, which means that restaurants open (and close) on a practically daily basis. As such, it’s tough to keep up with every single spot that’s closed its doors in recent weeks. Trying to catch up? Scope out this list …

5 Recent Restaurant Closures Dallas Diners Need to Know Read More »

e6dbf6 da2c3a22fac743c899a6c4f157cb5636 mv2 d 3375 3375 s 4 2

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 …

Restaurants put climate change on the menu Read More »