Foodservice News & Media

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.

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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Tata Coffee lifts Q1 2023 sales, earnings

July 19, 2023

Tata Coffee, a subsidiary of Mumbai, India-based Tata Consumer Products Ltd., lifted its sales and profits for Q1 2023 over the prior year period driven by…

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Russia seizes Danone unit and Carlsberg brewery

July 17, 2023

Russia has seized control of Danone's Russian operating unit as well as Baltika, a Carlsberg owned brewery, according to a Seeking Alpha report.

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Campbell to close Connecticut office, cut 44 positions

July 17, 2023

The Campbell Soup Co. will close its Norwalk, Connecticut corporate office, as previously announced, beginning in September, according to a nbcconnecticut.com…

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Kraft Heinz to build $400M Illinois distribution center, create 150 jobs

July 14, 2023

The Kraft Heinz Co. will invest more than $400 million to build a 775,000-square-foot distribution center in DeKalb, Illinois, one of the largest automated CPG…

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Steelite International acquires Delfin

July 14, 2023

Steelite International, a Newcastle, Pennsylvania-based manufacturer of tabletop, buffet and lighting solutions to the global hospitality industry, has…

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Hormel Foods promotes Scott Aakre to retail leadership role

July 13, 2023

Scott Aakre Hormel Foods Corp. has named Scott Aakre group vice president and chief marketing officer of its retail business, according to a press…

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Conagra Brands suffers earnings drops despite sales gains for Q4 and FY 2023

July 13, 2023

Conagra Brands Inc. reported hefty losses against sales gains for Q4 and FY 2023 compared to the prior year period, according to an earnings report. Highlights…

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PepsiCo boosts Q2 2023 results, lifts full year expectations

July 13, 2023

PepsiCo Inc. lifted its sales and earnings for Q2 2023 over the prior year period and upgraded its full year results, according to a press release. Highlights…

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