Foodservice News & Media

Mars countertop freezers to offer ice cream at Circle K stores

May 19, 2021

To meet evolving consumer preferences for frozen products at the point-of-sale, Phononic Inc., a provider of solid-state cooling and heating technology, has…

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Performance Food Group acquiring Core-Mark

May 18, 2021

Performance Food Group Co., which owns Vistar, a national convenience services wholesale distributor, has agreed to acquire convenience store distributor…

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Bakery contractor taps facial recognition, access control to improve safety

May 17, 2021

FGF Brands, a bakery production company that provides grocery retailers, coffee houses and foodservice operators with bakery products, has teamed with…

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Danone to sell $2B stake in Chinese dairy company

May 14, 2021

Danone, a Paris based global provider of dairy and plant-based products, waters and nutrition, has agreed to sell its 9.8% stake in China Mengniu Dairy Co.

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Automat-style Brooklyn Dumping Shop starts 'touchless' dining May 19

May 13, 2021

An automat-style QSR this website recently featured, Brooklyn Dumpling Shop, will open on First Avenue in New York City's East Village May 19, a news release…

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COVID hammers Compass Group sales, profits for first half 2021

May 12, 2021

Compass Group Plc, which owns Canteen Services in the U.S., continued to suffer losses in the first six months of the year due to COVID-19, as revenue declined…

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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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