Sodexo to deploy 1,200 Kiwibot robotic delivery vehicles

February 18, 2022

Sodexo has signed a multi-million-dollar contract with Kiwibot, a Colombia-based robotic last mile delivery provider, to deliver over ,200 robots to 50 U.S.

Sodexo names Sophie Bellon CEO

February 17, 2022

Sophie Bellon Sodexo, the Paris based foodservice and facilities management provider, has named board chairwoman Sophie Bellon as chief executive…

Price hikes boost Nestlé S.A. 2021 sales

February 17, 2022

Nestlé S.A. boosted sales in 2021, largely on price increases, according to an earnings report.

Kraft Heinz suffers Q4 2021 losses, posts FY earnings gain

February 16, 2022

Kraft Heinz reported quarterly sales and earnings losses for Q4 2021 ending Dec. 25, 2021 compared to Q4 2020, while full year results included a significant…

Waka Coffee & Tea raises $725,000 to boost instant coffee and tea

February 16, 2022

Waka Coffee & Tea, a provider of instant coffee and tea, closed a $725,000 pre-seed round from industry veterans and investors to further accelerate its…

Five Star Food Service names Stephanos, Parks, Field to new roles

February 16, 2022

Mark Stephanos Five Star Food Service Inc., a Chattanooga, Tennessee based convenience services provider to nine states, has promoted three company…

Orrin Huebner joins Consolidated Services Group, will focus on M&A and consulting

February 9, 2022

Orrin Huebner Convenience services industry veteran Orrin Huebner has joined Consolidated Services Group, a foodservice coffee trader serving hundreds…

Performance Food Group, Vistar lift Q2 2022 sales on Core-Mark acquisition, COVID recovery

February 9, 2022

Performance Food Group, which owns Vistar, the nationwide wholesale vending product distributor, reported improved sales for Q2 2022 due to the Core-Mark…

Aramark lifts Q1 2022 sales, earnings on COVID recovery

February 8, 2022

Aramark Corp. lifted its sales and earnings for Q1 2022 over the prior year's first quarter as the company recovered from COVID setbacks, according to an…

Coffee reserves continue downward trend, driving up prices

February 8, 2022

Coffee prices won't be falling in the near future as the amount held in reserve has reached a record low, according to a Bloomberg report.

Darigold taps Mars veteran as CFO

February 8, 2022

Cor van den Berg Darigold Inc., the Seattle-based farmer-owned dairy co-op, has named Mars Inc. veteran Cor van den Berg chief financial officer…

Farmer Brothers tapers Q2 2022 loss on double digit sales gain

February 4, 2022

Farmer Brothers improved its loss on a 13.3% sales increase for Q2 2022 over Q2 2021, according to an earnings release.

Quench acquires Waterfresh in Massachusetts

February 3, 2022

Quench, a provider of filtered water solutions for businesses and dealer partners across North America, has acquired Waterfresh Inc., a point-of-use drinking…

Quench buys Pure Aqua Tech of Michigan

February 2, 2022

Quench, a provider of filtered water solutions for businesses and dealer partners across the U.S. and Canada, has acquired Pure Aqua Tech of Michigan, a…

Starbucks' Q1 miss triggering price increases

by Cherryh Cansler — Publisher, FastCasual.com

February 2, 2022

Starbucks is raising prices thanks to high inflation, supply chain issues, COVID-19 resurgences and labor shortages, CEO Kevin Johnson said Tuesday during the…

Sodexo founder Pierre Bellon passes away

February 1, 2022

Pierre Bellon Sodexo, the Paris-based global foodservice provider, announced the passing of its founder and chairman emeritus, Pierre Bellon, on Jan.

Coffee Holding boosts 2021 earnings on pandemic driven sales loss

February 1, 2022

Coffee Holding Co. managed to improve its earnings on a 14% sales loss in 2021 driven by the coronavirus pandemic, according to an earnings release.

Arabica futures jump 76% in January

February 1, 2022

Arabica coffee futures ended January at $2.35 per pound compared to about $1.30 last year, ending 2021 76% higher than 2020, the largest one-year gain since…

2022: Arabica prices to drop, Robusta to rise

January 31, 2022

Arabica coffee prices are expected to decline in response to expanded production while Robusta prices will increase on account of rising consumer demand…

Philadelphia lawmaker seeks to repeal soda tax

January 28, 2022

David Oh, an at-large city council member, has introduced legislation to repeal the Philadelphia soda tax which taxes 1.5 cents-per-ounce of sugary drinks…