Foodservice News & Media
PepsiCo boosts Q1 2022 sales, earnings
April 26, 2022
PepsiCo Inc. reported improved revenue and earnings for Q1 2022 over the prior year's first quarter and raised its 2022 guidance, according to an earnings…
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Mondelez to acquire Grupo Bimbo's confectionery business for $1.3B
April 25, 2022
Mondelēz International has agreed to acquire Grupo Bimbo's confectionery business, Ricolino, for approximately $1.3 billion, according to a press release.
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Coca-Cola boosts Q1 2022 sales, earnings
April 25, 2022
The Coca-Cola Co. surpassed revenue estimates for Q1 2022 with a 16% revenue gain over Q1 2021, according to an earnings release. Highlights include:
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Performance Food Group intros solar powered refrigeration trailers in California
April 25, 2022
Performance Food Group Co., which owns Vistar Corp., the nationwide convenience services wholesale product distributor, has introduced 10 net-zero emission…
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Compass/Chartwells names VP/ambassador community relations
April 22, 2022
Kelsey Harmon Finn Compass Group and Chartwells Higher Education has named Kelsey Harmon Finn as vice president of ambassador community relations…
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US Foods lifts Q1 2022 sales, earnings
April 21, 2022
US Foods Holding Corp. delivered strong Q1 2022 results and reaffirmed its outlook for fiscal 2022, according to an earnings report. Highlights include:
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Amcon Distributing reports Q2 2022 sales, earnings gain
April 19, 2022
Amcon Distributing Co., an Omaha, Nebraska based consumer products company, reported sales rose from $378.5 million for Q2 2021 to $391.8 million for the…
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Sodexo Romania teams with restaurant delivery app for payment
April 18, 2022
Sodexo Romania has partnered with Tazz, a food delivery app, to allow guests to pay using their Gusto Pass meal card at Sodexo and Tazz partner restaurants…
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Let’s reimagine convenience where we live, work, learn and play
by Alex McCandless — SVP, Marketing, Worldnet Payments
Consumer adoption of new technology is being put to the test with this season's pent-up demand for travel and hospitality combined with the return to work and…
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Aramark to acquire Forever Resorts destinations, rebrands its leisure services
April 15, 2022
Aramark Corp. has agreed to acquire a collection of Forever Resorts destination properties providing hospitality services throughout North America, in…
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McCormick Place 'kills it' with convenience services back on the move
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Vending, micro market, coffee service and pantry service operators converged by the thousands onto the trade show floor for three days, anxious to find new…
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Dot Foods to add Tennessee distribution facility
April 11, 2022
Dot Foods, the foodservice redistributor, will add a distribution facility in Manchester, Tennessee, its second in the state in addition to one in Dyersburg…
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Conagra Brands reports Q3 2022 loss on higher sales
April 8, 2022
Conagra Brands Inc. reported mixed results for Q3 2022 from the year-ago period, with earnings falling in double digits on increased sales, according to an…
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Food prices soar to record setting level worldwide
April 8, 2022
Russia's war on Ukraine is driving food prices to hit the highest ever levels, according to the U.N. and data from the Food and Agriculture Organization's…
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What comes after micro markets?
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Looking beyond established convenience services to meet post-pandemic customer needs, a NAMA panel considers "smart stores" and catering.
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Aramark to introduce self-service tech for 9 MLB stadiums under branding initiative
April 4, 2022
Aramark Corp., the food and beverage partner of nine Major League Baseball stadiums, has unveiled a new brand identity for its Aramark Sports + Entertainment…
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NAMA show welcomes attendees to Chicago
April 4, 2022
The National Automatic Merchandising Association will hold its 2022 convention April 6-8 at McCormick Place in Chicago.
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Sodexo boosts HY 2022 sales, earnings despite COVID
April 1, 2022
Sodexo, the Paris-based global food and facilities services provider, reported a nearly 20% gain in first fiscal half 2022 revenue over the prior year despite…
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UNFI taps McDonald’s Mahrukh Hussain as general counsel
March 30, 2022
Mahrukh Hussain United Natural Foods Inc. has named Mahrukh Hussain general counsel and corporate secretary, with oversight of the company's legal and…
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Compass Group NA acquires FreshBrew’s vending business
March 30, 2022
Compass Group North America, the owner of Canteen Vending Services, has acquired FreshBrew's vending division for an undisclosed sum, according to a press…
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