Archive of all Sysco articles – Page 6
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News
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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News
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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News
Hugo Mahoney promoted to UK CEO role at Brakes
Ton Christiaanse stepped down last October after just nine months
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News
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
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 & 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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News
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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News
Brakes launches crowdfunder for hungry children at Christmas
Brakes has invested £257,000 into the Meals & More project since 2015
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News
Brakes opens Reading innovation centre with 13 chefs
Brakes said the new centre had been designed to develop, grow, and support the company’s products, colleagues and customer…
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Analysis & Features
Dave Lewis and Charles Wilson: the exclusive and uncut interview
With the CMA provisionally clearing the Tesco-Booker merger, platinum members can read an extended version of our exclusive Q&A ahead of this Saturday’s issue of The Grocer
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News
Brakes plans to slash emissions with Shell Gas to Liquids fuel
The foodservice wholesaler is piloting the new fuel at its Premier Park depot in West London
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News
Ton Christiaanse steps down as Brakes UK chief executive
Christiaanse only took up the role in early 2017 when he replaced Phil Wieland
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News
Brakes meets 'significant' environmental management target
The wholesaler has met the latest standard of the ISO 14001 audit, an “environmental milestone”
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News
Brakes parent company, Sysco, reports 9.9% rise in sales
The US company said an uplift in its international food operations was “largely driven” by its aquisition of the wholesaler
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News
Brakes pledges £500k for Meals & More child poverty project
Brakes has invested £257,000 into the project since 2015
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News
McMeikan calls for business to tackle 'school holiday hunger'
Brakes boss contributed to a report by the All Party Parliamentary Group on hunger..
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News
Ken McMeikan to step down as CEO of Brakes Group
During his tenure at Brakes, he increased profits by 42% to £183m
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News
City snapshot: Tesco fined £129m for profit overstatement scandal
Tesco (TSCO) has announced this morning it has agreed with the UK Serious Fraud Office to pay a £129m fine to avoid prosecution for its 2014 accounting scandal
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News
MasterChef winner Gary Maclean teams up with Brakes Scotland
Brakes Scotland currently has 80 suppliers providing 400 Scottish product lines
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Comment & Opinion
Suddenly wholesale is hot. It's in demand. It's happening
Wholesale has never been sexy. Sexist perhaps: it’s an industry full of white van men. But not sexy