Foodservice News & Media
McKee Foods intros website uniting vending, foodservice
February 17, 2023
McKee Foods Corp., the parent company of Little Debbie snacks and Fieldstone Bakery, has united its vending and foodservice brands under one name, McKee…
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Nestle lifts 2022 sales on price hikes, suffers earnings decline
February 16, 2023
Nestle S.A. reported an earnings decline for 2022 despite higher sales boosted by price increases, according to an earnings report. Highlights include:
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US Foods boosts Q4, FY 2022 sales, earnings
February 16, 2023
US Foods lifted its Q4 and FY 2022 results on sales gains from independent restaurants and healthcare accounts, according to an earnings release. Highlights…
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Five Star Food Service acquires Lincoln County Vending
February 16, 2023
Five Star Food Service Inc., a Chattanooga, Tennessee-based Canteen franchise convenience services operation, has acquired Lincoln County Vending, a Canteen…
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Sysco opens Kentucky facility, to employ 300
February 15, 2023
Sygma, a subsidiary of Sysco Corp., has opened a facility in Burlington, Kentucky, according to a local12.com report.
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Aisle 24: From vending to cashierless ‘grocery markets’
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Learning the convenience store business from the ground up, John Douang has developed a cashierless grocery market concept proving popular with education and…
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Kraft Heinz boosts Q2 2022 sales, earnings take a hit
February 14, 2023
Kraft Heinz Co. lifted its Q2 2022 sales, boosted by double digit organic sales growth while suffering a hefty earnings decline, according to an earnings…
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Coca-Cola lifts Q4, FY 2022 revenue; earnings dip
February 14, 2023
The Coca-Cola Co. lifted Q4 and FY 2022 revenue, boosted by strong organic growth, while income dipped, according to an earnings release.
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Sodexo deploys AiFi autonomous shopping in Salt Lake City convention center
February 13, 2023
Sodexo Live!, the hospitality partner to the Salt Palace Convention Center in Salt Lake City managed by ASM Global, has introduced AiFi's autonomous store…
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Food ordering platform acquires Compass Group’s technology food business Feedr
February 13, 2023
EatFirst, a U.K. based food ordering platform serving Europe and Australia, has acquired Compass Group UK & Ireland's technology food business, Feedr, for…
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Sodexo lifts Q1 2023 revenue 20%, boosted by post pandemic recovery
February 10, 2023
Sodexo SA, the Paris-based global food and facilities management provider, boosted its revenue 20.2%, from 5.26 euros ($5.61 billion) in Q1 2022 to 6.3 billion…
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Compass Group reports Q1 2023 24% revenue boost
February 10, 2023
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported that organic revenue rose 24% in the first quarter of 2023 in a conference…
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Flowers Foods reports record Q4, FY 2022 sales
February 10, 2023
Flowers Foods Inc., which owns Mrs Freshley's, Tatykake, Nature's Own and other brands, reported record Q4 and FY 2022 sales, according to a press release.
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Aramark lifts Q4 2022 results driven by pricing, business growth
February 9, 2023
Aramark Corp. lifted its Q4 2022 revenue and earnings, boosted by pricing and business growth, according to an earnings report.
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Kellogg lifts Q4, FY 2022 sales, earnings fall
February 9, 2023
Kellogg Co. reported mixed results for Q4 and FY 2022, with sales rising and earnings falling, according to a financial release. Fourth quarter results…
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Tyson Foods lifts Q1 2023 sales, suffers earnings slide
February 8, 2023
Tyson Foods Inc. suffered an earnings decline against a sales boost for Q1, 2023 due to market dynamics and operational inefficiencies, according to an…
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Performance Food Group lifts Q2 2023 results, Vistar sales jump 23%
February 8, 2023
Performance Food Group, which owns Vistar, a national convenience services wholesale distributor, reported improved results for Q2 2023 supported by inflation…
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Flowers Foods names Cindy Cox HR chief
February 7, 2023
Cindy Cox Flowers Foods Inc., which owns Mrs. Freshley's, Tastykake, Nature's Own and other brands, has named Cindy Cox chief human resources…
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NRF: Recession unlikely, growth ahead
February 7, 2023
A U.S. recession is unlikely and there will be slight growth this year, according to National Retail Federation Chief Economist Jack Kleinhenz.
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Hormel Foods promotes Henry Hsia to VP/retail marketing – snacking and entertaining
February 6, 2023
Henry Hsia Hormel Foods Corp. has promoted Henry Hsia from his leadership of the Columbus Craft Meats brand to vice president of retail marketing …
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