foodservice industry

Study: Commercial refrigeration equipment market to witness growth from foodservice sector

The foodservice application sector will dominate the market, with shipments forecast to exceed 4.5 million units by 2024.

October 18, 2018

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The U.S. commercial refrigeration equipment market, which approached $10 billion in revenue in 2017, is expected to witness growth due to growing foodservice sector, according to a report produced by Global Market Insights, Shelbyville, Del.

Dining Alliance, affiliated companies form partnership with Sodexo affiliate to enhance foodservice ecosystem

Over 20 purchasing-oriented firms have already joined Buyers Edge Platform, including purchasing consultants, technology providers, several GPOs, a loyalty rewards program, a leading fresh produce management company and several food and supplies manufacturers.

August 21, 2018

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Dining Alliance, a Group Purchasing Organization (GPO) for local foodservice operators in Rochester, N.Y., unveiled the Buyers Edge Platform, a network of GPOs, service companies, technology providers and supply chain consultants serving over 45,000 locations throughout the foodservice ecosystem. Buyers Edge Platform is made up of Dining Alliance; Consolidated Concepts, Waltham, Mass.; Buyers Edge Purchasing, New London, Conn.; Axis Purchasing, Purcellville, Va.; Sundell and Associates, Cave Creek, Ariz.; RP Procurement, Orlando, Fla.; FoodBAM, Waltham, Mass.; Source1 Purchasing, Boynton Beach, Fla.; Fresh Concepts, Murrieta, Ga., and other member GPOs and consulting companies.

How tax changes will impact private fleets in 2018

Brian Holland

January 2, 2018

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Foodservice organizations must be cognizant of 2018 tax changes because the way they procure their equipment can have a significant impact to their overall business, bottom line and financial performance.

Arby’s acquires Buffalo Wild Wings

Following the close of the transaction, Buffalo Wild Wings will be a privately-held subsidiary of Arby’s.

November 28, 2017

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Arby’s Restaurant Group, Inc., Atlanta, acquired Buffalo Wild Wings, Inc., Minneapolis, for approximately $2.9 billion.

Study evaluates foodservice landscape in Canada

CHD Expert's Easy2FIND database contains records on more than 184,000 foodservice operators across Canada.

November 15, 2016

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CHD Expert evaluated data within its Easy2FIND foodservice database to provide foodservice suppliers insight into the latest trends in the Canadian foodservice landscape.

Flanagan Foodservice breaks ground on distribution center

The 80,000-square-foot facility will provide more than 100 jobs.

November 4, 2016

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Canada-based Flanagan Foodservice broke ground at its new Whitby, Ontario, Canada, distribution center, which is slated to open in spring of 2017.

Yum China completes separation from Yum! Brands

Yum China maintains exclusive rights in mainland China to the KFC, Pizza Hut and Taco Bell brands, ownership of two unique local brands and a presence in more than 1,100 cities.

November 1, 2016

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Yum China Holdings, Inc., Shanghai, China, completed its separation from Yum! Brands, Inc., Louisville, Ky.

MTY Food Group acquires Kahala Brands

Kahala operates 18 brands in 27 countries, totaling approximately 2,800 locations.

July 27, 2016

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MTY Food Group Inc., Canada, acquired all of the shares of Kahala Brands Ltd. for $310 million.

Survey shows continued growth in foodservice packaging

About 57% of respondents experienced growth in volume, and nearly 60% reported profit growth in 2015.

March 15, 2016

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Last year’s growth and sales has led the foodservice packaging industry to forecast continued confidence for 2016 despite familiar challenges, according to Foodservice Packaging Institute’s (FPI) 17th annual State of the Industry Survey.