Canadian Restaurant Investment Summit Features Starbucks and Google
Annual Industry Review Shows Rising Foodservice Sales in 2013
MONTREAL, April 22, 2013 /CNW Telbec/ - Registration is open for the fourth
annual Canadian Restaurant Investment Summit, which will be held May 29-30 in
Toronto. The second annual Canadian Chain Restaurant Industry Review, a
comprehensive analysis of the state of foodservice companies, will be
premiered at the event.
Total Canadian foodservice sales, both commercial and non-commercial, are
expected to increase by 3.6 percent to $67.9 billion in 2013. In addition, 60
percent of respondents to a proprietary survey indicated they expect industry
sales to increase by up to 2.5 percent this year. Due to its size, the
foodservice industry has implications for consumer spending habits, job growth
and construction activity that will impact the country's economic health in
2013 and beyond.
"Not only are restaurants a crucial component of the national economy, they're
a key part of today's cultural milieu," said Edward Khediguian, senior vice
president of GE Capital's Franchise Finance business in Canada. "Last year,
almost half of the population over age 16 visited a restaurant once a day.
More than half of all restaurant meals are purchased via take-out, drive-thru
or delivery. The Canadian Restaurant Investment Summit is an important
touchstone for examining 'made-in-Canada' trends and how they impact our
Canadian Restaurant Investment Summit Speakers
The Canadian Restaurant Investment Summit brings together restaurateurs, chain
executives, franchise operators, investors, lenders and key suppliers from
across the country. They deliver insights and information with a tight focus
that is uniquely Canadian. The entire conference program is designed to
stimulate discussions and serve up authoritative opinions from a range of
recognized industry leaders.
The keynote speaker will be Dan McPhee, the digital media sales leader of
Google Canada. He will discuss how restaurants need to adapt to the new
realities of consumer behaviour and media consumption. For restaurants, having
an Internet presence is essential to clearly differentiate themselves,
generate awareness and engage with new and existing customers.
The event will close with Annie Young-Scrivner, president of Starbucks Canada.
She will focus on leveraging social and digital media to enhance connection
with customers and business partners. Prior to joining Starbucks as chief
marketing officer in 2009, Young-Scrivner served as chief marketing officer
and vice president of sales for Quaker Foods and Snacks, a division of
PepsiCo, Inc. She has served in a number of other leadership roles at PepsiCo,
including region president of PepsiCo Foods for greater China from October
2006 to November 2008.
Robert Carter, executive director of The NPD Group, will present the findings
of the second annual Canadian Chain Restaurant Industry Review, the extensive
research report commissioned by GE Capital and compiled by fsSTRATEGY and NPD
To keep up with conference news, follow the news on Twitter
About GE Capital, Franchise Finance
GE Capital, Franchise Finance is a leading lender to the franchise finance
market, serving the restaurant and hospitality industries. We specialize in
financing regional and national restaurant businesses of all sizes across the
country. In the past 11 years, we've provided more than 725 restaurant
customers with financing for more than 1,525 property locations. That's in
excess of $1.25 billion that we've invested in the Canadian restaurant space.
In the Canadian hotel market, we provide financing for nationally known brands
in the limited and select-service segments of the industry.
With 19 offices throughout Canada, GE Capital (http://www.gecapital.ca) offers
a wide variety of financial products and services to address commercial
financing and fleet management needs in many phases of a business' lifecycle.
From equipment finance to working capital and growth financing to large
asset-based and restructuring loans, we apply our wealth of industry expertise
to develop custom solutions for your company. Some of the industries in which
we specialize include transportation, construction, manufacturing, aerospace,
automotive, mining, energy, wholesale, retail, restaurant and hotel franchise
financing. To follow company news on Twitter, go to
GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in energy,
health and home, transportation and finance. Building, powering, moving and
curing the world. Not just imagining. Doing. GE works. For more information,
visit the company's website at www.ge.com.
GE Capital, Canada Brigitte Dagnault 514-397-5323 514-346-1207 (mobile)
GE Capital, Americas Lisa Tibbitts 203-956-4582 email@example.com
SOURCE: GE CAPITAL CANADA
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-0- Apr/22/2013 13:30 GMT
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