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Foodservice News & Media

Networld Media Group launches Rewards That Matter website for consumers

August 3, 2023

Networld Media Group, which owns a number of B2B websites in the restaurant, technology and retail spaces, has launched its first consumer website, Rewards…

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Kraft Heinz lifts Q2 2023 results boosted by price hikes

August 2, 2023

Kraft Heinz Inc. lifted its earnings on higher sales for Q2 2023, supported by higher prices, according to an earnings report.

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6 questions for selecting a private label coffee roaster

Offering high quality private label coffee requires having a roaster that can meet sourcing, packaging and quality control requirements. A veteran roaster…

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Mondelez lifts Q2 2023 sales, earnings

July 28, 2023

Mondelez International Inc. boosted its Q2 2023 results in part on its 2022 acquisitions, according to a press release.

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Performance Food Group acquires OLM Food Solutions

July 28, 2023

Performance Food Group Inc., which owns Vistar Corp., the nationwide vending product warehouse distributor, acquired OLM Food Solutions based in Sioux Falls…

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Hershey lifts Q2 2023 results on price hikes

July 28, 2023

The Hershey Co. lifted its Q2 2023 sales and earnings, supported by list price increases, according to an earnings report.

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Nestle reports strong HY 2023

July 28, 2023

Nestle SA lifted its sales and profits for first half 2023 over the prior year period, according to a press release, with organic sales surpassing analyst…

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Keurig Dr Pepper lifts Q2 2023 results, raises FY guidance

July 27, 2023

Keurig Dr Pepper Inc. lifted its sales and earnings for Q2 2023 and raised its full year sales growth outlook and reaffirmed its EPS growth guidance, according…

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Kraft Heinz names 3 leaders

July 27, 2023

The Kraft Heinz Co. named three industry veterans to its North America leadership team, according to a press release.

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Coca-Cola boosts Q2 2023 results, surpasses expectations

July 26, 2023

The Coca-Cola Co. boosted its sales and earnings for Q2 2023 over the prior year quarter, surpassing analyst expectations, according to an earnings report.

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Coca-Cola India names VP/franchise operations

July 26, 2023

Ajay Vijay Bathija Coca-Cola India has named Ajay Vijay Bathija as vice president of franchise operations for Southwest Asia, according to a press…

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Coffee consumption holds steady despite inflation

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Americans are aware of the rising cost of coffee and are concerned about inflation, but consumption has not faltered, according to National Coffee Association…

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Compass Group reports strong Q3 2023 results

July 25, 2023

Compass Group PLC reported a strong Q3 2023 revenue performance over the prior year period, with organic revenue growth of 15%, despite lapping higher…

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Kellogg moves forward on separation into 2 companies

July 25, 2023

The Kellogg Co. has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission relating to its previously-announced plan to…

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J&J Snack Foods opens Texas distribution center

July 25, 2023

J&J Snack Foods Corp. opened its first owned distribution center in Terrell, Texas, according to a bakingbusiness.com report. The 117,000-square-foot…

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Campbell Soup to invest $160M in Utah plant, create 80+ jobs

July 25, 2023

Campbell Soup Co. will invest approximately $160 million in its Richmond, Utah, manufacturing facility to expand production of Goldfish crackers to help meet…

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Golden State Foods promotes 4 leaders

July 25, 2023

Golden State Foods, an Irvine, California based foodservice and retail foods distributor, has announced four leadership promotions as part of a restructuring…

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JDE Peet’s to acquire Maratá’s coffee and tea business

July 24, 2023

JDE Peet's, which is owned by JAB Holdings and owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, has signed an agreement to acquire the Brazil based…

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Sodexo to acquire AH Management

July 24, 2023

Sodexo PLC, a Paris-based food and facilities management provider, has agreed to acquire A.H. Management, a Rolling Meadows, Illinois-based convenience…

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ICXA to honor Elevate winners at 7th annual summit

by Alicia Lavay — Executive Director, ICX Association

The ICX Association will honor five companies as winners of the 2023 Elevate Awards during a ceremony at its upcoming annual conference, the Interactive…

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