Company to also support COVID-19 impacted communities, students More than 90,000 PepsiCo employees will receive additional pay and benefits in response to COVID-19, the company announced. PepsiCo Beverages North America […]
Lancaster Foods becomes fourth subsidiary of The Coastal Companies The Coastal Companies acquired Lancaster Foods, a retail produce distributor, from Fairfax, Va.-based Guest Services, a hospitality management company. Founded in […]
Food Group acquisition boosts independent restaurant results US Foods Q3 2019 earnings were announced, showing robust top-line growth. Net sales were up 6.1 percent from last year to $6.5B. Organic […]
Dave and Buster’s adds Lightlife Burger to menu in U.S., Canada Dave and Buster’s entered into a new partnership to add the plant-based Greenleaf Lightlife Burger to its menu. Greenleaf […]
Second sizable 2019 acquisition moves PFG ahead of US Foods in sales volume, for now Performance Food Group (PFG) agreed to purchase Reinhart Foodservice from Reyes Holdings, LLC for $2.0B. […]
As foodservice distributors face cost pressures, Amazon becomes leading source for online foodservice purchases
According to a study by Technomic, Inc., a Chicago-based foodservice consultancy, Amazon was recognized as a leading source for online purchases from foodservice operators. The 2018 E-Sourcing Impact Study indicates that over 40 percent of foodservice operators indicated using e-sourcing at least once per month. E-sourcing will not become the primary source of purchases for operators… Labor shortages will continue to impact foodservice distributors, in addition to their restaurant operator customers.