Foodservice News & Media

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…

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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.

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New York Congressman seeks $60B for Restaurant Revitalization Fund

February 16, 2022

Joe Morelle U.S. Congressman Joe Morelle on Tuesday stood alongside foodservice operators to call for the replenishment of the Restaurant…

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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…

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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…

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Fresh meal vending pioneers hail from diverse backgrounds

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

State-of-the-art vending technology has enabled entrepreneurs from outside traditional vending to bring new ideas about fresh food vending.

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Stockholder seeks control of US Foods

February 15, 2022

Sachem Head Capital Management, an investment firm, is seeking control of US Foods Holding Corp's board, claiming the company has failed to make operational…

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San Jose State introduces cashierless checkout market

February 15, 2022

The SJSU Ginger Market at San Jose State University has been transformed into an autonomous retail experience, enabling students, faculty and staff to grab the…

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US Foods splits chairman, CEO roles

February 14, 2022

US Foods Holding Corp. has split its chairman and chief executive officer roles after facing pressure to improve operations from an activist investment firm…

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Kellogg reports sales dip for Q4 2021, FY gain

February 10, 2022

Kellogg Co. reported a sales dip for Q4 2021, reflecting the negative impact of supply disruptions, notably the 12-week labor strike, and the lapping of an…

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PepsiCo lifts Q4 and FY 2021 revenue, beats analyst expectations

February 10, 2022

PepsiCo Inc. boosted its revenue for the fourth quarter and full year ending Dec. 25, 2021, according to an earnings release, beating analyst expectations.

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Coca-Cola boosts Q4 and FY 2021 sales and earnings

February 10, 2022

The Coca-Cola Co. boosted its revenue 10% and its earnings 66% for Q4 2021 ending Dec. 31, 2021, aided by price increases, according to an earnings release.

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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…

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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…

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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…

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Sysco boosts Q2 results, misses bottom line expectations due to COVID

February 8, 2022

Sysco Corp. boosted sales and earnings for Q2 2022, but missed bottom line expectations on account of COVID, according to an earnings release.

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Tyson Foods delivers stellar Q1 2022 sales, earnings

February 7, 2022

Tyson Foods Inc. surpassed analyst estimates for Q1 2022 revenue and earnings, according to an earnings report.

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Mondelēz promotes Gustavo Valle to EVP/president, North America

February 7, 2022

Gustavo Valle Mondelēz International has promoted Gustavo Valle from executive vice president, Latin America, to executive vice president and…

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Nathan Annis to succeed retiring Fred Halvin as Hormel Foods development VP

February 4, 2022

Nathan Annis Fred Halvin, vice president of corporate development, will be retiring after a 37-year career at Hormel Foods Corp. Nathan Annis…

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Ben E Keith Foods acquires Florida Food Service

February 4, 2022

Ben E. Keith Foods has purchased Florida Food Service, Inc. including the 86,000 square-foot distribution center in Gainesville and creating a ninth division…

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