Foodservice News & Media
Middleby expands executive team
February 19, 2021
The Middleby Corp., a foodservice equipment manufacturer, has expanded its executive team with the following appointments, according to a press release:.
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Hormel Foods reports record $2.5B sales for Q1 2021
February 18, 2021
Hormel Foods Corp. reported record net sales of $2.5 billion for the for the 2021 first quarter ending Jan. 24, 2021, up 3% over the $2.38 billion for the…
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Standard Cognition raises $150M, teams with Compass Group and Circle K on autonomous checkout
February 18, 2021
Standard Cognition, which provides an autonomous checkout solution that can be quickly installed in retailers' existing stores, has raised a $150 million round…
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Foodservice operators: 'Not the right time for wage boost'
The National Restaurant Association has asked Congress to reject a proposal to raise the federal minimum wage to $15 per hour.
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COVID-19 delivers US Foods Q4 2020 sales and earnings losses
February 17, 2021
US Foods Holding Corp. sales decreased 11.5% from $6.93 billion in 2019's fourth quarter to $6.1 billion for the quarter ending Jan. 2, 2021, according to an…
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UK foodservice wholesaler beats pandemic by pivoting to at-home market
February 16, 2021
JJ Foodservice, an Enfield, U.K.-based foodservice wholesaler, managed to thrive during the coronavirus pandemic by expanding for the first time into the…
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Buyers Edge Platform acquires RestaurantLink
February 15, 2021
Buyers Edge Platform, a digital procurement network for the foodservice industry, has acquired RestaurantLink's group purchasing and beverage consulting…
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Smart Foodservice Warehouse Stores to rebrand as US Foods Chef’s Stores
February 15, 2021
Effective March 1, Smart Foodservice Warehouse Stores will be rebranded as US Foods Chef's Stores, as a result of US Foods acquiring Smart Foodservice…
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Sysco introduces 9 menu concepts, eco-friendly towels
February 15, 2021
Sysco Corp. has introduced nine menu concepts plus eco-friendly towels through its Cutting Edge Solutions platform.
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Aramark’s Q1 2021 revenue falls 35%, but sales, earnings beat analyst expectations
February 9, 2021
Aramark Corp.'s consolidated revenue fell 35% from $4.25 billion in the first quarter of 2020 to $2.7 billion in the quarter ending Jan. 1, 2021, according to…
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Mondelez to close biscuit plants in New Jersey, Georgia
February 5, 2021
Mondelēz International will close its Fair Lawn, New Jersey and Atlanta, Georgia biscuit bakeries later this year, the company announced in a statement, posted…
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Performance Food Group boosts sales for Q2 2021, Vistar falls
February 3, 2021
Performance Food Group's net sales for the second quarter of fiscal 2021 grew 12.8% from $6.06 billion in the prior year's second quarter to $6.8 billion for…
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Automat Kitchen brings the historic icon to 21st century
February 3, 2021
An American dining icon has returned with the opening of Automat Kitchen in Jersey City, New Jersey, the reinvention of the historic establishment but with a…
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Post Holdings acquires Almark Foods, invests in PeaTos
February 2, 2021
Post Holdings Inc., a consumer packaged goods holding company, which recently acquired Almark Foods, a provider of hard-cooked and deviled egg products, has…
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Hormel Foods supply chain EVP to retire; company promotes 2
February 2, 2021
Glenn Leitch, executive vice president of supply chain at Hormel Foods Corp., will retire in the second calendar quarter of 2021, according to a press release.
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COVID-19 hammers Sysco’s 2021 Q2 sales and earnings
February 2, 2021
Sysco Corp.'s sales fell 23.1% from $23.3 billion in last year's second quarter to $11.6 billion for the 2021 second quarter ending Dec. 26, 2020, according to…
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Parlevel introduces checkout solution for campus foodservice, restaurants
February 2, 2021
Parlevel has released Cater, a checkout solution that enables campus and restaurant food providers to create a convenient ordering experience for customers…
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United Natural Foods taps Walmart veteran as SVP/produce
February 1, 2021
Don Wenninger United Natural Foods Inc. has named Dorn Wenninger senior vice president of produce, according to a press release.
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Conagra Brands to close Milwaukee sandwich plant
February 1, 2021
Conagra Brands Inc. will close the Sandwich Bros. of Wisconsin plant in Milwaukee, idling 190 employees, three years after acquiring the business from Kangaroo…
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Sodexo acquires Nourish commissary, upgrades US food solutions
February 1, 2021
Sodexo has expanded its workplace dining solution featuring locally sourced food solutions, Good Eating Co., to North America and completed the acquisition of…
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