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Foodservice News & Media

US Foods to acquire Renzi Foodservice

May 19, 2023

US Foods Holding Corp. has agreed to acquire Renzi Foodservice, a broadline distributor located in Watertown, New York, for an undisclosed sum, according to a…

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How and why employees hold key to unattended airport concessions

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The need for unattended retail became obvious during the pandemic, but HMS Host employees played a critical role in assisting guests with technology at Phoenix…

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Cola-Cola 'Flexes' dispenser to provide beverage variety

May 17, 2023

The Coca-Cola Flex powered by Freestyle, a beverage dispenser that offers an enhanced guest experience while reducing operational complexity, is now on the…

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Middleby announces 1 retirement, 2 promotions

May 17, 2023

The Middleby Corp. announced the retirement of Martin Lindsay, chief risk and administration officer, and the appointment of Brittany Cerwin as chief…

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Coca-Cola bottler invests in plastics recycling

May 16, 2023

Coca-Cola Europacific Partners, the largest European Coke bottler, has invested in a Netherlands startup to produce food-grade recycled plastic from plastics…

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Farmer’s Fridge expands retail meal placements

May 16, 2023

Farmer's Fridge, which operates fresh food vending machines nationwide, has begun delivering its signature salads and wraps in jars and bowls to retail…

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Middleby Corp lifts Q1 2023 results, beats expectations

May 16, 2023

Middleby Corp. lifted its Q1 2023 sales and earnings, according to an earnings report, surpassing analyst expectations. Highlights include:

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Selecta Group lifts Q1 2023 sales on European recovery

May 15, 2023

Selecta Group, a Switzerland-based route service provider of convenience services in Europe, reported a 11.7% sales gain to €309.1 million ($336.03 million)…

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Utz Brands lifts Q1 2023 results on organic net sales gain

May 15, 2023

Utz Brands Inc. lifted its Q1 2024 sales and improved its loss driven by organic sales growth, according to an earnings release. Highlights include:

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US Foods lifts Q1 2023 results on cost inflation, volume growth

May 15, 2023

US Foods Holding Corp. lifted its Q1 2023 sales and earnings boosted by cost inflation and case volume growth, according to an earnings release, beating…

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Convenience retail innovation mesmerizes attendees at Georgia World Congress Center

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The trade show offered a wealth of innovation such as checkout-free markets, smart glassfront merchandisers, AI enabled biometric identification and age…

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Performance Food Group lifts Q3 2023 results, Vistar sales surge on price hikes

May 11, 2023

Performance Food Group Co., which owns Vistar, a national convenience services wholesale distributor, raised its Q3 2023 sales and earnings compared to the…

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Hostess Brands lifts Q1 2023 results, beats expectations

May 10, 2023

Hostess Brands Inc. lifted its Q1 2023 revenue and income, beating analyst expectations. Highlights include:

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Convenience services operators primed for trade show season

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

With micro markets continuing to lead the growth, convenience services operators are looking for more product variety than ever. Operators are overall primed…

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Aramark posts strong Q2 2023 results

May 9, 2023

Aramark Corp. reported Q2 2023 revenue and income gains, driven by pricing and new business, according to a press release. Highlights include:

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SodexoMagic names Charles Johnson president

May 9, 2023

SodexoMagic, the joint venture between Sodexo and Magic Johnson Enterprises, has named Charles Johnson president, according to a press release.

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Tyson Foods posts Q2 2023 loss

May 8, 2023

Tyson Foods Inc. reported a loss for Q2 2023, citing a challenging meat market, according to an earnings report. Highlights include:

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Kellogg boosts Q1 2023 sales, earnings slide

May 5, 2023

Kellogg Co. lifted its Q1 2023 sales boosted by snacks and noodles and a continued rebound in North American cereal, according to a press release. Highlights…

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Compass Group Canada names 2 COOs

May 4, 2023

Compass Group Canada promoted Michael Hachey and Ashton Sequeira to chief operating officer positions, according to a press release.

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Kraft Heinz lifts Q1 2023 results boosted by price hikes

May 3, 2023

Kraft Heinz Inc. lifted its sales and income for Q1 2023 over the prior year period, boosted by price increases, according to an earnings report. Highlights…

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