Top Ten Food Service Companies: Market Analysis and Rankings
WEBMay 8, 2019 · The company’s KFC division opened 1,558 new restaurants and accounted for a 46% revenue share in 2018. The Pizza Hut division opened 860 restaurants and contributed 17% of the total revenue, whereas the Taco Bell division opened 309 new restaurants and contributed a 36% revenue share. 5. Darden Restaurants – $8.3bn.
Henderson Foodservice to buy BD Foods in Ireland
WEBEstablished in 1993, BD Foods offers a wide range of frozen and dry goods to the premium foodservice sector across Ireland. The deal is a part of the foodservice company’s future strategy and expansion plans, including a £25m investment in new facilities, staff and business development. “This exciting acquisition is a key milestone in the ...
Five food scandals that rocked the Foodservice Industry
WEBOct 22, 2018 · Hygiene shock – poor practise at Russell Hume. One of the latest foodservice scandals came about this year when several pubs, including British chain Wetherspoon’s, were forced to remove the meat from their locations following food hygiene issues from meat supplier Russell Hume. After an FSA inspection in January this year, Russell Hume’s ...
Lineage Logistics acquires Maines Paper & Food Service assets
WEBMay 21, 2020 · Warehousing and logistics company Lineage Logistics has acquired assets of US-based foodservice distributor Maines Paper & Food Service. May 21, 2020. Maines’ QSR and casual dining distribution customers include Burger King, Tim Hortons and Darden Restaurants. Credit: user Siqbal / Wiki Commons. Warehousing and …
Unveiling the Top Restaurants by Revenue in 2024 - Verdict Food …
WEBNov 12, 2020 · 10. Zensho Holdings – $5.13bn. 1. Starbucks – $26.5bn. Starbucks opened 96% of its company-operated stores in the US by the end of the third quarter of 2020. Image courtesy of Starbucks Corporation. US-based coffee chain Starbucks reported $26.5bn in revenue in 2019, witnessing a 7% growth year-on-year.
Sysco to acquire Edward Don & Company - Verdict Food Service
WEBOctober 12, 2023. Sysco expects the acquisition to create a specialty Equipment and Supplies platform. Credit: werner moser from Pixabay. Sysco Corporation has agreed to acquire US-based Edward Don & Company (DON), a distributor of foodservice equipment, supplies and disposables. The financial terms of the deal have not been undisclosed.
Fast-food brands engage Gen Z audiences with NFTs and online …
WEBNov 30, 2021 · The Gen Z generation is also the most loyal to quick-service restaurant (QSR) brands, with more than half (53%) claiming to visit fast-food restaurants at least once a week according to GlobalData’s Q3 2021 consumer survey. This stands in stark contrast to older generations, where only 20% of Boomers and 11% of Silent Gen report the same.
Newly launched firm Legacy Food acquires four foodservice …
WEBSep 11, 2023 · Credit: Ruchindra Gunasekara/Unsplash. US-based holding company Legacy Food Group has announced the acquisition of four foodservice companies: Keck’s Food Service, M&V Provisions, Thomsen Foodservice and Legacy Foodservice Alliance. The newly launched holding company has been set up to acquire high-quality, mid-tier or larger distributors ...
Coffee shop Foxtrot Café & Market to re-open in Chicago, Illinois
WEBSeptember 4, 2024. The new venue will offer panini sandwiches, salads and bowls for lunch. Credit: Timolina / Shutterstock. Coffee shop Foxtrot will re-open its first location in Chicago, Illinois, US on 5 September 2024. Located at 23 W Maple on Chicago’s Gold Coast, the reopening of Foxtrot Café & Market is a milestone for the brand, which ...
Apollo Global Management takes over The Restaurant Group
WEBDec 22, 2023 · US-based private equity company Apollo Global Management has successfully completed the acquisition of UK-based restaurant operator The Restaurant Group (TRG). The takeover was executed by Rock Bidco, a special-purpose vehicle owned by funds managed by Apollo Global Management affiliates. The deal became effective after a scheme of arrangement ...