Foodservice News & Media

Hong Kong transit stations offer COVID-19 specimen collection machines

December 8, 2020

Vending machines have been set up at 10 transit stations in Hong Kong for the public to collect COVID-19 specimen collection packs, according to a press…

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Post Holdings to acquire Peter Pan brand from Conagra

December 7, 2020

Post Holdings, Inc. will acquire the Peter Pan peanut butter brand from Conagra Brands Inc. for an undisclosed sum, according to a press release.

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Sysco names Tom Peck EVP, chief digital officer

December 4, 2020

Tom Peck Tom Peck will join Sysco Corp. as executive vice president and chief information and digital officer, effective Jan. 4, 2021, according to a…

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Considerations for choosing the right type of mobile food business

by Richard Traylor — Writer, WebstaurantStore

Mobile food is a growing industry, but a new operator must first decide between a food truck, food trailer or food cart. Each of the three options has its pros…

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Sodexo acquires London-based Fooditude

December 2, 2020

Sodexo has taken a majority shareholding in Fooditude, a London-based foodservices provider, according to an announcement on Sodexo's website.

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NAMA combining annual show, coffee event next year

December 1, 2020

Next year, the National Automatic Merchandising Association show and the Coffee Tea & Water show will be combined on Aug. 18-20 at the Ernest N. Morial…

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Nestlé to divest peanut milk, canned rice porridge business in China, will keep Nescafé

November 30, 2020

Nestlé has agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise Co., Ltd. for an undisclosed sum, according to a…

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Braimex installs first Snack-O-Matic in Mexico

November 25, 2020

Braimex Maquinaria s.l., a Spain-based provider of self-service hot food systems based on the historic Automat, has placed its first Snack-o-Matic…

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Compass Group 2020 sales, earnings tumble due to COVID-19

November 24, 2020

Compass Group PLC, which owns Canteen in the U.S., reported revenue fell 18.8% year on year from £24.8 billion ($33.06 billion) to £20.2 billion ($26.9…

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Hormel Foods suffers Q4 sales, earnings declines

November 24, 2020

Hormel Foods Corp. reported sales of $1.96 billion for the fourth quarter ending Oct. 25, 2020 compared to $2.007 billion for the 2019 period. Net earnings for…

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Morrow to leave leadership role at Lancer Worldwide

November 24, 2020

E.J. Morrow E. J. Morrow, global president at Lancer Worldwide, will leave the manufacturer of beverage dispensing and foodservice equipment on Nov.

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Royal Vending named one of Oregon’s 100 fastest growing companies

November 23, 2020

Royal Vending, based in Tigard, Oregon, has been named to the Portland Business Journal's Oregon's 100 fastest growing companies list for the fourth…

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COVID-19’s impact on convenience services by the numbers

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

An economic impact study, sponsored by the National Automatic Merchandising Association, puts some hard numbers to the challenges and successes in the…

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Joel Grade assumes new role at Sysco, Aaron Alt tapped as CFO

November 17, 2020

Aaron Alt Sysco Corp. has named Aaron E. Alt executive vice president and chief financial officer, effective Dec. 7, 2020. Joel Grade, current…

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Aramark Q4 revenue, earnings tumble due to COVID-19

November 17, 2020

Aramark Corp. reported consolidated revenue of $2.69 billion in the fourth quarter ending Oct. 2, 2020, down 32% compared to prior year's $3.95 billion caused…

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B&G Foods CEO quits

November 16, 2020

Kenneth Romanzi Kenneth Romanzi, who was promoted to the top spot from executive vice president and COO in April 2019 at B&G Foods, announced…

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Tyson Foods Q4 earnings rise as revenue misses market expectations

November 16, 2020

Tyson Foods Inc., which owns brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidels, ibp and Stare Fair, reported $11.45 billion in…

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Kraft Heinz introduces touchless condiment dispenser

November 16, 2020

Kraft Heinz has introduced an automatic dispenser to provide touchless dispensing of condiments, according to a press release.

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Sysco eliminates minimum delivery requirements

November 15, 2020

Sysco Corp. has eliminated minimum delivery size requirements for customers' regularly scheduled deliveries as part of the company's Restaurants Rising…

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