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Foodservice News & Media

Farmer Brothers seeks new CFO

August 8, 2023

Brad Bollne Farmer Brothers Co. has named Vice President of Finance Brad Bollner as the interim chief financial officer as the company conducts a…

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Coca-Cola India names VP/HR for Asia Pacific

August 8, 2023

Irene Tan Coca-Cola India has promoted Irene Tan from talent and development director for Asia Pacific to vice president, human resources for India…

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Campbell Soup to acquire Sovos Brands for $2.7B

August 8, 2023

Campbell Soup Co. has agreed to acquire Sovos Brands Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion…

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Five Star Food Service acquires Indiana company’s vending assets

August 7, 2023

Five Star Food Service Inc., A Canteen franchise headquartered in Chattanooga, Tennessee, has acquired the vending assets of Millstone Catering Group in North…

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Tyson reports Q3 2023 sales and earnings fall, will close 4 plants

August 7, 2023

Tyson Foods Inc. reported negative results for Q3 2023 against the prior year quarter and announced the closing of four chicken facilities, according to an…

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Reformed Maine bottle redemption program raises concern

August 6, 2023

Beverage brands have raised concerns about Maine's new bottle redemption program which raised the handling fee manufacturers pay to redemption centers from 4.…

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Five Star Food Service acquires Franks Vending in Tennessee

August 4, 2023

Five Star Food Service Inc., a Canteen franchise based in Chattanooga, Tennessee, has acquired Franks Vending, a vending and micro-market operator in Pulaski…

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Selecta Group boosts Q2 2023 results

August 3, 2023

Selecta Group, the Switzerland-based route service provider of convenience services throughout Europe, improved its sales and profitability for Q2 2023 over…

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Sysco reports record Q4 and FY results

August 3, 2023

Sysco Corp. delivered record sales and earnings for both Q4 and full year 2023, boosted by improvement in both its U.S. and international foodservice segments…

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Kellogg lifts Q2 2023 results driven by snack sales

August 3, 2023

Kellogg improved its Q2 2023 results driven by sustained momentum in snacks, according to an earnings report.

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Middleby improves Q2 2023 sales, earnings

August 3, 2023

Middleby Corp. lifted its Q2 2023 sales and earnings over the prior year period, according to an earnings release.

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Lessing’s Hospitality acquires Division Hospitality

August 3, 2023

Lessing's Hospitality Group, based in Grand River, New York, has acquired Division Hospitality Group, a provider of food services to Catholic schools in the…

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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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