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Sysco Acquires J & M Wholesale Meats and Imperio Foods
Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, today announced it has acquired J & M Wholesale Meats and Imperio Foods, Inc., leading California distributors with approximately $44 million in combined annual sales.
J & M Wholesale Meats and Imperio Foods, sister companies based out of Modesto, California, operate throughout northern California and Oregon. J&M Meats, founded in 2003, is a foodservice distributor who specializes in center of the plate products, serving foodservice customers and small retail locations in the Hispanic segment. Imperio Foods was founded in 2014 and ...
Introducing Sysco Simply: a Platform Dedicated to Health and Well-Being Food Solutions
Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today the launch of Sysco Simply, a platform designed to enable our customers to accommodate the growing consumer demand for varied dietary and lifestyle choices. Based on customer insights, feedback and industry trends, the first focus area of Sysco Simply is plant-forward dining; including vegan, vegetarian, flexitarian and plant-based protein products.
“Sysco understands our customers’ need to keep pace with changing consumer preferences and the growing demand and marketability of plant-based products that meet those needs,” said Brian Todd, senior vice president of merchandising, Sysco. “Whether it’s a protein-alternative or better-for-you ingredients, we are committed to providing our customers with...
Portion-Control Salad Dressing Catches Tailwind of Foodservice Delivery Boom
Foodservice delivery sales grew by 20 percent over the past 5 years and riding on this boom is portion-control salad dressing, a delivery order staple. Gallons of portion-control salad dressing shipped by broadline foodservice distributors to commercial restaurants increased by 17 percent in the year ending June 2018 compared to same period year ago, reports The NPD Group.
Not surprisingly portion-control salad dressing had its highest gains through the quick service channel, which represents over 80 percent of foodservice delivery orders...
Foodservice Distribution Industry Drives U.S. Economy
The foodservice distribution industry’s vast economic footprint contributes significantly to local, state and federal economies and delivers the goods to sustain America’s appetite for dining out, according to a report by IFDA. With annual foodservice distribution industry sales at $280 billion in 2017—about the size of Louisiana’s total state GDP—the foodservice distribution industry operates 153,000 total vehicles and employs 131,000 drivers. In fact, the industry’s total employment impact is more than 1 million jobs nationwide, more than the number of people who live in the state of Delaware. “Americans love to dine out, and the foodservice distribution industry makes trips to our favorite restaurants possible, while also contributing to local and state economies and providing high-quality jobs,” said Mark S. Allen, President and CEO of the International Foodservice Distributors Association. Key study findings show that annually, U.S. foodservice distributors...
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