Foodservice News & Media
Compass Group sells its Russian operations
March 24, 2022
Compass Group PLC, the U.K. based foodservice provider that owns Canteen Vending Service Inc. in the U.S., has completed the sale of its operations in Russia…
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General Mills lifts Q3 2022 earnings, raises guidance
March 23, 2022
General Mills Inc. boosted its Q3 2022 earnings over the prior year period and raised its full year outlook for 2022, according to an earnings release.
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Current events leave coffee, oil, commodity prices in limbo
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
The economic outlook remains cloudier than usual due to a number of factors, making it hard for convenience services operators to know how much coffee and…
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Capital Provisions acquires 3V Vending
March 23, 2022
Capital Provisions, a full-service vending and breakroom foodservice provider based in Southern California, has completed the acquisition of 3D Vending from…
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Diamond Crystal Brands changes its name
March 21, 2022
Diamond Crystal Brands, a provider of liquid portion control condiments, seasonings, dry blend mixes and custom printing to the foodservice industry, has…
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Stanz Foodservice, Troyer Foods merge
March 17, 2022
Indiana foodservice distributors Stanz Foodservice in South Bend and Troyer Foods in Goshen have combined to become the largest Indiana based distributor…
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Selecta sales improve in Q4 2021
March 16, 2022
Selecta Group, Europe's leading route-based self-service retailer, reported its highest quarterly sales for the year in Q4 2021, according to an earnings…
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Compass Group exits Russia over Ukraine invasion
March 16, 2022
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., exited the Russian market and will be moving away from all known Russian suppliers…
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United Natural Foods lifts Q2 2022 sales, earnings
March 10, 2022
United Natural Foods Inc. improved sales and earnings for Q2 2022 driven by new business and inflation, according to an earnings release. Highlights include:
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Aramark teams with Pittsburgh Penguins on arena food lockers
March 9, 2022
The Pittsburgh Penguins are testing the latest innovation in food locker delivery systems at PPG Paints Arena as part of a collaboration with Aramark, the…
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Nestlé to build Arizona beverage plant, add 350 jobs
March 9, 2022
Nestlé USA announced a $675 million investment to build a new beverage facility in Glendale, Arizona, according to a press release.
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Selecta Group introduces automated store in Belgium
March 9, 2022
Selecta Group, the Switzerland-based route service provider of convenience services, is launching its next generation of food tech solutions in Europe — a…
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Coca-Cola, PepsiCo and Starbucks suspend business in Russia
March 9, 2022
Coca-Cola Co., PepsiCo and Starbucks have joined the list of companies suspending business in Russia in the wake of the invasion of Ukraine, according to an…
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UNFI taps Coca-Cola’s Louis Martin for strategy role
March 8, 2022
Louis Martin United Natural Foods Inc. has named Louis Martin to the newly created position of chief strategy and transformation officer, with…
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Singer Equipment acquires Kittredge Equipment
March 8, 2022
Singer Equipment Co., based in Elverson, Pennsylvania, has acquired Agawam, Massachusetts based Kittredge Equipment Co., one of the largest foodservice…
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PFG’s Reinhart Foodservice to invest $30M to upgrade Pennsylvania plant
March 4, 2022
Reinhart Foodservice, which is owned by Performance Food Group, will invest more than $30 million to rehabilitate its 169,000-square-foot plant in East…
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Assa Abloy introduces automatic door for refrigerated vehicles
March 3, 2022
Assa Abloy Entrance Systems, a supplier of door solutions, has introduced an automatic door for refrigerated trucks and trailers, according to a press release.
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Hormel Foods boosts Q1 2022 sales, earnings
March 2, 2022
Hormel Foods Corp. improved its Q1 2022 sales and earnings, fueled by post pandemic demand, according to an earnings release. Highlights included:
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Gimme receives notice of allowance for patent for mobile reporting devices
March 1, 2022
The U.S. Patent and Trademark Office has issued a notice of allowance to Gimme, a provider of technology that helps foodservice and grocery store delivery…
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Middleby Corp boosts sales, earnings for Q4, FY 2021
February 23, 2022
The Middleby Corp., a manufacturer of equipment for commercial foodservice, food processing and residential kitchen equipment, posted significant sales and…
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