Tag: foodservice

Restaurants saw their year-over-year same-store sales and traffic growth fall for the third consecutive month in April. During this month, the industry experienced its softest sales growth since July of last year, making April the second-worst month in over two years.

Panera Brands Inc., which includes the iconic fast casual and hospitality brand Panera Bread as well as Einstein Bros. Bagels and Caribou Coffee, today announced the establishment of its next generation of CEO leadership and Board governance in preparation for its eventual IPO.

US Foods Holding Corp. – one of America’s leading foodservice distributors – announced today that it has agreed to acquire Renzi Foodservice, a broadline distributor located in Watertown, New York.

Nala Robotics, an AI technology company revolutionizing the culinary industry, today unveiled two fully autonomous, self-cleaning robots that can prepare an unlimited assortment of customized food bowls and sandwiches anytime, anywhere and without human intervention.

The upcoming warehouse format stores will range between 20,000 and 23,500 square feet and will offer a wide assortment of products, from fresh produce, meat, dairy, and beverages to restaurant equipment, catering essentials, janitorial supplies and other restaurant essentials.

Now open in Naperville, IL, sweetgreen's new restaurant leverages technology to serve customers fresh, healthy food while providing a more human experience.

For some time, traffic to the dining industry has been impacted by inflationary pressures on consumer spending. Various restaurant categories have seen a decline in visits, and yet, some chains – and formats like “eatertainment” – are weathering the storm.

Darden Restaurants, Inc. and Ruth's Hospitality Group, Inc., jointly announced today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million.

International Fresh Produce Association will celebrate nine of the country's leading chefs and foodservice professionals during IFPA's Foodservice Conference, July 27-28 in Monterey, CA, as part of the Produce Excellence in Foodservice Awards Program, sponsored by FreshEdge.

The Chefs’ Warehouse, Inc. continues to focus on being the premier distributor of the world’s finest food ingredients to the world’s finest Chefs with the latest acquisitions of Hardie’s Fresh Foods and Greenleaf Produce & Specialty Foods.