Articles Tagged with ''foodservice''

Core-Mark to purchase Farner-Bocken Co.

Farner-Bocken is a third-generation, family-held distributor of foodservice products.
May 23, 2017
Core-Mark Holding Co., Inc., South San Francisco, Calif., entered into a definitive asset purchase agreement to acquire substantially all of the assets of Farner-Bocken Co., Carroll, Iowa.
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Study: Restaurant industry, foodservice operators express fear of rising food, labor costs

Restaurants and other foodservice establishments plan to fight back by updating their menu offerings, negotiating better terms with suppliers and creating digital services like online ordering, the study says.
May 18, 2017
The restaurant industry and other foodservice operators are on a tear, with sales growth outpacing retail for a decade and revenues surpassing retail for the first time in 2015, according to a new study by L.E.K. Consulting, Boston.
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Study: Full-service restaurants face an uphill battle heading into 2017

The Top 5 largest full-service brands, four of which are casual dining, all either had negative or slow sales in 2016.
May 11, 2017
A report released by Technomic, Chicago, indicates that the restaurant industry overall fared relatively well in 2016, but full service has experienced some highs and lows, with annual sales growth dipping to 1.4% and unit growth remaining flat.
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Schwan’s Food Service, KeyImpact Sales & Systems form expanded business relationship

As a part of the new agreement, KeyImpact will represent Schwan’s Food Service as the primary marketing and sales agent in most areas of the United States to foodservice operators in schools, universities, healthcare facilities and chain restaurants.
May 8, 2017
Schwan’s Food Service, Inc., Bloomington, Minn., and KeyImpact Sales & Systems, Inc., Odenton, Md., formed an expanded business relationship to market and sell Schwan’s Food Service’s foods and services to foodservice customers nationwide.
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HAVI, foodservice associations develop industry’s first supply chain optimization best practices

The development board consists of 15 foodservice chain operators.
April 12, 2017
HAVI, Downers Grove, Ill., joined forces with International Foodservice Manufacturers Association (IFMA), Chicago; Kinetic12, a Chicago-based food industry management consulting firm; and research company Datassential, Chicago, to support the development of what is dubbed as the first-ever best practices for foodservice supply chain optimization.
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ISS acquires Guckenheimer

ISS brings highly developed systems, thought leadership and the ability to scale globally.
April 10, 2017
ISS, a San Antonio, Texas-based global facility services provider, acquired Guckenheimer, a foodservice provider based in San Mateo, Calif.
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Swander Pace Capital acquires Passport Food Group

Passport offers more than 125 authentic, boldly flavored SKUs to national restaurants and retailer chains, including Applebee’s, P.F. Chang’s, Panda Express, Cheesecake Factory and Houlihan’s.
April 7, 2017
Swander Pace Capital, a San Francisco-based private equity firm specializing in consumer products companies, acquired Passport Food Group.
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