FMI Welcomes ROFDA Members, Advancing a Shared Vision for Stronger Wholesale-Retail Partnerships

FMI – The Food Industry Association (FMI) today announces that members of the Retailer Owned Food Distributors & Associates (ROFDA) – Affiliated Foods, AG Northeast, Certco, and Piggly Wiggly Alabama Distribution Company – have joined FMI, strengthening opportunities to serve its community through greater collaboration and shared insights. These members join existing FMI-ROFDA members, Associated Food Stores, Associated Grocers (LA), Associated Wholesale Grocers, Brookshire Bros. and URM Stores.

The addition of these ROFDA members comes as FMI and its wholesale leaders have examined five key strategies...

New York Butcher Shoppe Taps Foundry Group for Nationwide Franchise Expansion

The New York Butcher Shoppe, known for its Certified Angus Beef® steaks and fine wines, has joined with the Foundry Group in a strategic partnership to strengthen the company's foundation and position it for nationwide franchise expansion through targeted investments.

"This is a defining moment for our brand," said Jim Tindal, Chief Executive Officer, of New York Butcher Shoppe. "We were intentional in selecting a partner that brings more than capital. The Foundry Group shares our vision and has the operational...

RBI and CPE Announce $350 Million Joint Venture to Expand Burger King in China

Restaurant Brands International (RBI) and CPE, a leading Chinese alternative asset manager, have announced a joint venture to drive the next phase of Burger King’s growth in China.

The partnership aims to expand Burger King’s presence in the Chinese market to 4,000 restaurants by 2035, up from the 1,250 locations currently operating.

Upon completion of the agreement, CPE will invest $350 million in new primary capital to support restaurant expansion, marketing, menu innovation, and...