Foodservice News & Media

PT Holdings acquires K&D Factory Service, Pine Tree Food Equipment

November 2, 2021

PT Holdings, LLC, has acquired K&D Factory Service and Pine Tree Food Equipment for an undisclosed sum, according to a press release. PT Holdings focuses…

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GS Foods acquires Thurston Foods

November 2, 2021

GS Foods Group, Inc., a food distributor owned by affiliates of Highview Capital LLC and A&M Capital Partners, has acquired Thurston Foods Inc., a…

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Hormel Foods announces EVP/CFO change

October 29, 2021

Jim Sheehan plans to retire as executive vice president and chief financial officer after 43 years with Hormel Foods Corp., according to a press release.

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Tyson Foods to build $355 M Kentucky plant, add 450 jobs

October 29, 2021

Tyson Foods Inc. will invest $355 million to build a bacon plant in Bowling Green, Kentucky, according to a press release. The project is part of Tyson's…

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Kraft Heinz lifts Q3 2021 earnings on sales decline

October 27, 2021

The Kraft Heinz Co. reported earnings gains on declining sales for the third quarter of 2021, which reflected growth in organic net sales on top of…

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Sodexo improves earnings on 2021 sales decline

October 27, 2021

Sodexo reported a nearly 10% one-year decline in sales in fiscal 2021, but managed to improve earnings for the fiscal year ending Aug. 31, according to an…

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KIND promotes Russell Stokes to North America CEO

October 21, 2021

Russell Stokes KIND Healthy Snacks has promoted Russell Stokes from chief growth officer to CEO of KIND North America,. reporting to Juan Martin…

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Nestle boosts sales 2.2% for 2021’s 9 months

October 20, 2021

Nestle SA reported a 2.2% sales gain for the firsts nine months of 2021, driven mostly by coffee sales, according to a financial report.

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Want to join the food vending revolution? Don’t miss this panel

October 20, 2021

Consumers no longer shun the thought of going to a vending machine for a meal, thanks to improved food vending technology.

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Can you lead?

by Ray Friedrich

Just being able to motivate people isn't enough — leaders need to be empathetic and connect with people to be successful. A veteran vending/foodservice leader…

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GS Foods opens Missouri distribution facility

October 14, 2021

GS Foods Group Inc. recently opened a distribution facility in Wright City, Missouri, according to a press release. The facility will serve school districts…

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Aramark names Kim Scott president/CEO of uniform services

October 11, 2021

Kim Scott Aramark CEO John Zillmer announced today the appointment of Kim Scott as president and CEO of Aramark Uniform Services, effective…

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KeHe Distributors to open distribution center in Arizona, add 270 jobs

October 8, 2021

KeHe Distributors will introduce its 16th distribution center this October in Goodyear, Arizona, according to a press release. The center will support more…

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Tyson to expand Mississippi plant, add 50 jobs

October 7, 2021

Tyson Foods Inc. will invest $61 million in its Vicksburg, Mississippi plant, creating about 50 jobs in addition to the existing 500 employees, according to a…

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ConAgra Brands' Q1 2022 sales, earnings fall

October 7, 2021

ConAgra Brands Inc. reported a sales decline for the first fiscal quarter of 2022, partly on account of some business divestitures, according to an earnings…

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PepsiCo boosts Q3 revenue and earnings

October 6, 2021

PepsiCo Inc. reported revenue and earnings gains for the quarter ending Sept. 4, 2021 over the previous year's third quarter, according to an earnings release.

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Sodexo acquires digital gift startup

October 5, 2021

Sodexo, the Paris based global foodservice provider, has acquired a majority stake in Wedoogift, a French startup, to offer a digital gift experience…

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Kellogg workers go on strike

October 5, 2021

About 500 union employees went on strike early Tuesday at the Kellogg's Omaha plant, along with Kellogg workers at three other facilities throughout the…

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PepsiCo to raise prices due to supply chain woes

October 5, 2021

PepsiCo Inc. said it expects to raise prices again early next year on account of supply-chain challenges including a Gatorade can and bottle shortage and a…

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Compass Group names new CFO

October 4, 2021

Compass Group PLC has named Palmer Brown to replace Chief Financial Officer Karen Witts, who steps down on Oct. 31, according to a MarketWatch report.

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