Foodservice News & Media

Conagra taps Unilever’s Eboli as EVP for supply chain

May 7, 2021

Alexandre "Ale" Eboli Conagra Brands Inc. has named of Alexandre "Ale" Eboli as executive vice president and chief supply chain officer, effective…

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General Mills to restructure; chief marketing officer to exit

May 7, 2021

General Mills Inc. announced a restructuring to better align its organization with strategic initiatives, according to a Minneapolis St. Paul Business Journal…

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Chicken shortage sends prices upward

May 6, 2021

Chicken prices have more than doubled year to date, and wing prices have set new records on account of a shortage, according to Urner Barry, a market research…

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Fresh Del Monte Produce boosts income on declining Q1 2021 sales

May 6, 2021

Fresh Del Monte Produce Inc.'s net sales decreased $29.7 million from $1.12 billion in Q1 2020 to $1.09 billion in Q1 2021, according to an earnings report…

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Performance Food Group improves Q3 2021 sales and earnings, COVID clips Vistar sales

May 5, 2021

Performance Food Group, which owns Vistar, reported net sales rose 2.9% from $7 billion in Q3 2020 to $7.2 billion for Q3 2021, ending March 27, 2021 according…

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Cashierless checkout brings a new convenience to University of Houston

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The University of Houston installed its first cashierless convenience store, 'Market Next,' enabling guests to purchase items without having to scan packages…

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Sysco boosts earnings against 13.7% sales decline for Q3 2021

May 4, 2021

Sales for Sysco Corp. in the third quarter fell 13.7% from $13.7 billion in Q3 2020 to $11.8 billion, in Q3 2021, ending March 27, 2021, according to an…

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Unilever Q1 sales rise 5.7%, will acquire supplements company Onnit

May 3, 2021

Unilever, a multinational company that owns Breyers, Lipton, Hellmann's and Knorr brands, saw sales rise 5.7% compared to Q1 2020, according to a press…

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Upton Naturals partners with Dot Foods for vegan meat alternatives

April 30, 2021

Vegan food manufacturer Upton's Naturals has teamed with Dot Foods, the food industry redistributor, to increase availability of the brand's 100% vegan meat…

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Compass Group acquires food delivery platform Eat Club

April 29, 2021

Compass Group North America, which owns Canteen, has acquired Eat Club, a Redwood City, California-based food delivery platform, according to a Crunchbase News…

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Kraft Heinz boosts sales, earnings for Q1 2021

April 29, 2021

Kraft Foods Inc.'s net sales rose 3.9% from $6.15 billion in Q1 2020 to $6.4 billion in the quarter ending March 27, 2021, according to an earnings report.

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Land O’Lakes boosts sales, earnings for Q1 2021

April 29, 2021

Land O'Lakes, Inc. boosted its net sales in Q1 2021, rising from $3.8 billion in Q1 2020 to $3.9 billion for the quarter ending March 31, 2021, while net…

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Aramark to acquire Next Level Hospitality

April 29, 2021

Aramark Corp. has agreed to acquire Next Level Hospitality, a provider of culinary and environmental services in the senior living sector, specializing in…

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John B Sanfilippo boosts earnings as sales fall for Q3 2021

April 29, 2021

John B. Sanfilippo & Son Inc.'s net sales fell from $211.6 million for the third quarter of fiscal 2020 to $207.9 million for the third quarter of fiscal…

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Restaurant Revitalization Fund application process opening Monday

April 27, 2021

The Restaurant Revitalization Fund, which provides $28.6 billion in relief funds to restaurants and other hard-hit food establishments that have experienced…

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Sodexo introduces pre-ordering for middle schoolers

April 26, 2021

Sodexo, a provider of foodservice and facilities management, has launched foodiE Café, a middle school dining experience, according to a press release.

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Compass Group introduces delivery app to support virtual kitchen in Ireland

April 26, 2021

Compass Group Ireland has introduced a Feedr delivery app in Dublin, in partnership with a virtual kitchen facility, Copper Pan Kitchen, to offer employers a…

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Tyson Foods invests $48M in Arkansas poultry plant

April 23, 2021

Tyson Foods Inc. will invest $48 million as part of its commitment to accelerate the long-term growth of its poultry business and continued success of its Pine…

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COVID boosts Groupe SEB Q1 2021 consumer sales, clips professional coffee

April 23, 2021

Groupe SEB, parent company of Wilbur Curtis in the U.S., reported sales in the first quarter of 2021 of €1.85 billion ($2.22 billion) up 27.4% as compared to…

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Nestle posts strong growth for Q1 2021

April 22, 2021

Nestle SA reported its strongest sales quarter in 10 years today for Q1 2021, boosted by coffee, home baking products and pet care, according to a Reuters…

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