Business Notebook: Quincy hot dog vendor ready to start over with new cart

Posted: Feb. 20, 2013 6:59 pm Updated: Mar. 15, 2013 4:15 pm

Herald-Whig Senior Writer

Gary Kaufman vowed that he would return. The Quincy man is back in the hot dog business.

In September, Kaufman lost the hot dog cart he used for his business, Hot Dogs R Us, in a robbery. Someone heisted the $3,500 cart while it was parked behind a shopping strip at the corner of 25th and Broadway, where he set up shop most days.

Last week, Kaufman debuted his new trailer. He plans to set up on the corner of North 24th and Cedar three days a week.

He never recovered the stolen cart, so he went ahead and made a trailer to house his business. Kaufman said Hot Dogs 'R Us will be open from 11 a.m. to 7 p.m. Wednesdays and Saturdays, and from 2 to 7 p.m. Fridays

Kaufman said he has expanded his business to include bratwurst and Italian beef sandwiches. For more information, call Kaufman at (217) 248-5748.


Dot Foods promotion

Anita Montgomery has been named vice president of replenishment at Dot Foods in Mount Sterling and becomes the first female vice president in company history.

Joe Tracy, president and chief operating officer at Dot Foods, said Montgomery has been with the company for five years and had produced "tremendous results" in her previous role.

Montgomery has a bachelor's degree in accounting from Hannibal-LaGrange University and a master's degree in business administration from Western Illinois University in Macomb. She is a certified public accountant. Before joining Dot Foods, Montgomery was senior vice president and CFO at Corn Belt Bank and Trust Co. in Pittsfield, Ill.

She began her career with Dot Foods in 2008 as credit manager and became director of credit 18 months later.

As vice president of replenishment, Montgomery will be responsible for replenishing inventory at Dot's eight distribution centers.

"Dot has given me the opportunity to lead many talented groups, and I'm looking forward to all of the challenges ahead with my new group," Montgomery said.

Dot Foods is the largest food redistributor in the United States, distributing food service, convenience, retail and vending food products in all 50 states.



Walt Disney Co.'s theme park and resort in Hong Kong has turned a profit for the first time in seven years. The $414 million profit came after an expansion costing several hundred million dollars. ... The Outdoor Recreation Association reports that Illinois had $22 billion in consumer spending in that sector last year, with 203,700 jobs and $6.7 billion in wages and salaries. Missouri reported $11.2 billion in sales, 110,900 jobs and $3.3 billion in wages and salaries in the outdoor recreation category. ... The largest companies in the Standard & Poor's 500 have cash reserves in excess of $1 trillion. Those reserves, along with low interest rates and a rising stock market, have led to several big buyouts in recent weeks. ... Retail sales in January rose 0.3 percent from a year earlier, according to the National Retail Federation. ... Bank of America Corp. CEO Brian Moynihan got $12.1 million in pay in 2012, a 73 percent raise.


The good

Consumer confidence, as measured by the University of Michigan confidence index, rose 2.5 points in January. That brought the score to a three-month high of 76.3. During the 2007-09 recession, the index averaged 64.2.


The bad

AAA reported that the price of gasoline rose 45 cents a gallon in a 31-day period going back to mid-January. Santa Barbara, Calif., had the nation's highest-priced fuel last week at $4.36 a gallon. Chicago had the 10th-highest average at $4.11 a gallon.


The ugly

Social Security Administration officials have been trying to warn people with government pensions that they might get lower Social Security benefits than expected. Because of the Windfall Elimination Provision signed into law in 1983, about a million Americans will receive lower monthly benefits.




Quote of the Week

"What was surprising was, older Americans were carrying so much more credit-card debt than younger people."

-- Amy Traub, an analyst at Demos, speaking to NBCNews on a report that Americans over 50 report an average of $8,278 in credit card debt


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