Foodservice News & Media

Delek taps Mashgin for c-store self-checkout kiosks

May 12, 2021

Delek US Holding Inc., a diversified energy company with convenience store operations, has selected Mashgin to provide AI-powered self-checkout technology in…

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B&G Foods reports mixed Q1 2021 results, names JDE Peets' Keller CEO

May 12, 2021

Kenneth Keller B&G Foods reported mixed Q1 2021 results for the quarter ending April 3, 2021, and announced that Kenneth Keller, CEO of JDE…

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Nestle Health Science to acquire hydration provider Nuun

May 11, 2021

Nestlé Health Science has agreed to acquire Nuun, a provider of functional hydration, for an undisclosed sum, according to a press release.

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Aramark taps Compass Group’s Kaericher for healthcare division

May 11, 2021

Bart Kaericher Aramark Corp. has named Bart Kaericher as president and CEO of Aramark's healthcare division, reporting to Marc Bruno, chief operating…

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Aramark losses continue for Q2 2021 due to COVID, results beat analyst expectations

May 11, 2021

Second quarter revenue for Aramark Corp. declined from $3.7 billion in Q2 2020 to $2.8 billion in the second quarter ending April 2, 2021 as the company…

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Tyson Foods boosts Q2 2021 sales, earnings

May 10, 2021

Tyson Foods Inc.'s sales increased from $10.9 billion in Q2 2020 to $11.3 billion in Q2 2021, according to an earnings release.

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US Foods Q1 2021 sales dip, earnings improve

May 10, 2021

US Foods Holding Corp.'s net sales fell 0.7% from $6.34 billion in Q1 2020 to $6.3 billion in the quarter ending April 3, 2021, primarily as a result of the…

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Conagra taps Unilever’s Eboli as EVP for supply chain

May 7, 2021

Alexandre "Ale" Eboli Conagra Brands Inc. has named of Alexandre "Ale" Eboli as executive vice president and chief supply chain officer, effective…

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General Mills to restructure; chief marketing officer to exit

May 7, 2021

General Mills Inc. announced a restructuring to better align its organization with strategic initiatives, according to a Minneapolis St. Paul Business Journal…

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Chicken shortage sends prices upward

May 6, 2021

Chicken prices have more than doubled year to date, and wing prices have set new records on account of a shortage, according to Urner Barry, a market research…

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Fresh Del Monte Produce boosts income on declining Q1 2021 sales

May 6, 2021

Fresh Del Monte Produce Inc.'s net sales decreased $29.7 million from $1.12 billion in Q1 2020 to $1.09 billion in Q1 2021, according to an earnings report…

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Performance Food Group improves Q3 2021 sales and earnings, COVID clips Vistar sales

May 5, 2021

Performance Food Group, which owns Vistar, reported net sales rose 2.9% from $7 billion in Q3 2020 to $7.2 billion for Q3 2021, ending March 27, 2021 according…

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Cashierless checkout brings a new convenience to University of Houston

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The University of Houston installed its first cashierless convenience store, 'Market Next,' enabling guests to purchase items without having to scan packages…

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Sysco boosts earnings against 13.7% sales decline for Q3 2021

May 4, 2021

Sales for Sysco Corp. in the third quarter fell 13.7% from $13.7 billion in Q3 2020 to $11.8 billion, in Q3 2021, ending March 27, 2021, according to an…

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Unilever Q1 sales rise 5.7%, will acquire supplements company Onnit

May 3, 2021

Unilever, a multinational company that owns Breyers, Lipton, Hellmann's and Knorr brands, saw sales rise 5.7% compared to Q1 2020, according to a press…

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Upton Naturals partners with Dot Foods for vegan meat alternatives

April 30, 2021

Vegan food manufacturer Upton's Naturals has teamed with Dot Foods, the food industry redistributor, to increase availability of the brand's 100% vegan meat…

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Compass Group acquires food delivery platform Eat Club

April 29, 2021

Compass Group North America, which owns Canteen, has acquired Eat Club, a Redwood City, California-based food delivery platform, according to a Crunchbase News…

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Kraft Heinz boosts sales, earnings for Q1 2021

April 29, 2021

Kraft Foods Inc.'s net sales rose 3.9% from $6.15 billion in Q1 2020 to $6.4 billion in the quarter ending March 27, 2021, according to an earnings report.

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Land O’Lakes boosts sales, earnings for Q1 2021

April 29, 2021

Land O'Lakes, Inc. boosted its net sales in Q1 2021, rising from $3.8 billion in Q1 2020 to $3.9 billion for the quarter ending March 31, 2021, while net…

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Aramark to acquire Next Level Hospitality

April 29, 2021

Aramark Corp. has agreed to acquire Next Level Hospitality, a provider of culinary and environmental services in the senior living sector, specializing in…

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