All Sysco articles – Page 5
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News
Nick Redford to step down as Caterforce MD
Caterforce is hoping to have a successor in place by December, when Redford departs
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Amazon ‘poses biggest risk to wholesalers in the UK’
Delegates at the Federation of Wholesale Distributors annual conference have been warned of the threat to market share
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Caterforce grows sales despite departure of Kent Frozen Foods
The foodservice buying group recorded annual sales of £524m for the year to the end of 2018
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Bidfood owner BFS Group suffers £14.8m loss driven by logistics weakness
Bidfood owner BFS Group slumped to a headline loss of £14.8m in its most recent financial year due to heavy losses outside its core foodservice business.
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Brakes tops up free-from range amid social media push
The foodservice wholesaler has created a dedicated free-from area on the Brakes website…
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Brakes founder Frank Brake dies aged 85
Brake, one of three brothers who established the foodservice giant, passed away on his 85th birthday
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Plum season ended early by poor growing conditions
It comes amid warnings of spiralling food and drink prices caused by weather-related shortages
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Brakes halves emissions across fleet with Shell GTL fuel
The foodservice operator became the first company to trial Shell’s gas-to-liquids fuel in November
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Brakes signs up to Wrap Plastic Pact in sustainability push
It follows close collaboration with Wrap on its 2 Zero 20 campaign to eradicate all non-recyclable hard black plastics
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Vegan egg from Just set to launch in Europe
The San Francisco-based startup has secured a European distribution deal with Italian egg company Eurovo Group
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Brakes pledges to slash plastic use with '2 Zero 20' drive
The foodservice operator is set to eradicate the use of non-recyclable black plastic from all own label products
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Brakes sales rise on Sysco takeover but ebit profits fall 30%
Profits were down 30% pro rata as the business comes under pressure from rising costs and multiple changes in its leadership
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City snapshot: Reckitt Benckiser like-for-likes up 2% in first quarter
FTSE 100 consumer goods giant Reckitt Benckiser has posted 2% like-for-like sales growht in the first three months of the year, despite weak sales of its Scholl and Dettol brands. Plus, Brakes’ first financial accounts under the ownership of US food distribution giant Sysco show a 30% fall in pro-rata operating profits and all the rest of the latest news from the City.
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City snapshot: UK to introduce deposit return scheme
Michael Gove has said a deposit return scheme (DRS) will be introduced in the UK, Hilton Food Group sees profits rise, Real Good Food temporarily resolves cashflow pressures and all the other news from the City
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Hugo Mahoney promoted to UK CEO role at Brakes
Ton Christiaanse stepped down last October after just nine months
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Sysco Corporation agrees deal to take over Kent Frozen Foods
The acquisition of KFF is subject to Competition & Markets Authority approval…
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Profiles and QandAs
Tributes pour in for legendary foodservice CEO Richard Cousins
Leeds-born Cousins began his career at Cadbury Schweppes in 1981 in operational research, joining Compass as CEO in May 2006
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Analysis and Features
Seismic deals, almighty spats and triumphant change: review of the year 2017
Whether it’s the ongoing fallout over Brexit, or shock brand culls in the mults – it’s been a year packed with events of epic proportions…
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City snapshot: P&G hands board seat to activist investor
Consumer goods giant Procter & Gamble has appointed activist investor Nelson Peltz to its board after conceding defeat in a hard-fought proxy battle.
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Brakes launches crowdfunder for hungry children at Christmas
Brakes has invested £257,000 into the Meals & More project since 2015