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Headline News | July 29, 2010 |
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Testa-to-Farm Tour Highlights Local Produce
CHICAGO (July 28, 2010)—More than 50 Testa Produce customers,
including chefs, owners and buyers at chain and independent operations
ranging from Lettuce Entertain You restaurants, to Hilton Hotels, to
Avendra and Compass Group, boarded a bus at 4:30 a.m. yesterday for a
field trip showcasing Testa’s local produce program. Led by Testa
President Peter Testa, the group made stops at Costanza Farms, Gary
Bartley Farms and SMP Marketing, all located in southwestern Michigan
and all partners in Testa’s burgeoning local produce initiative.
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US Foodservice Takes Steps for Biggest Warehouse Since 2008
CHICAGO (July 28, 2010 - Crain's)—Distribution giant U.S. Foodservice Inc.
has purchased almost 50 acres in Aurora, a site big enough for a
warehouse of about 1 million square feet, larger than any industrial
building developed locally since 2008.
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U.S. Foodservice-South Florida Division Celebrates Expansion
BOCA RATON, FL (July 28, 2010)—U.S. Foodservice, one of the country's leading foodservice distributors, celebrated the expansion of its South Florida division by donating 2,000 meals to Feeding South Florida and hosting a cooking event featuring some of America's top chefs.
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Gordon Food Service Gets State Tax Deal to Move Jobs to Wyoming
WYOMING (July 20, 2010)—An estimated $3 million in personal
property planned as part of a new Gordon Food Service Inc. office
building will be exempt from taxes for three years under a deal approved
this week by city officials.
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Concert and auction benefiting family of slain Ben E. Keith driver set for Aug. 8
FORT WORTH, TX (July 27, 2010)—Ben E. Keith Beverage Co. is sponsoring a benefit concert and
auction at 6 p.m. Aug. 8 at Billy Bob's Texas to help the family of
Ruben Martinez, one of the company's delivery truck drivers, who was
shot during a robbery June 29. Martinez died Monday.
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Roper Industries to buy iTradeNetwork
(July 26, 2010)—Roper Industries Inc. said it will acquire iTradeNetwork Inc. in a $525 million all-cash transaction.
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Boston Wholesale Food Distributor Helps Fund Mission to Research Effects of Gulf Oil Spill
(July 26, 2010)—New England Wholesale food distributor AGAR,
product specialist for independent restaurants, retailers and other food
service providers has announced a fundraising and awareness campaign to
help fund a research mission down the east coast and ultimately to the
Gulf of Mexico. The goal is to help understand the effects of the Gulf
Oil Spill on the seafood industry.
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Pate Dawson Company Names Mutton as President of its Meat and Seafood Solutions
GOLDSBORO, NC (July 26, 2010)—Foodservice distributor Pate Dawson
Company announced today that meat industry veteran Bill Mutton has been
named president of its new Meat and Seafood Solutions, LLC subsidiary.
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F.A.B., Inc. Welcomes Scavuzzo’s Foodservice, Inc.
GEORGIA (July 23, 2010)—F.A.B., Inc. (Frosty Acres Brands), the
national foodservice marketing and purchasing cooperative for
independent distributors, announces Scavuzzo’s Foodservice as the newest
member of the cooperative, effective April 19, 2010.
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Sysco Selects Ennis For Food Distribution Hub
DALLAS (July 21, 2010)—Sysco
Corp. has purchased 255 acres in Ennis, where the company
plans to build a 1-million-square-foot food redistribution facility that
will employ more than 300.
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Tracking Your Progress on 2010 Finance Resolutions
As we begin the second quarter of 2010, how are you doing on your New
Year's resolutions for your business?
By Bill Beattie
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New Year’s Resolutions for Foodservice Distributor Owners
As we start the new year, I can think of no better time to identify
your company’s key priorities for 2010 and make a few key personal
resolutions that improve your business, your management team, and your
relationship with your customers. As you read and analyze your year-end
reports from 2009, look for opportunities as well as potential threats
to your business.
By Bill Beattie
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A Better Market for Business Sellers at the Close of 2009
by Bill Beattie
Because of Keiter Stephens Advisors’ vantage point facilitating foodservice distribution mergers and acquisitions – we’ve represented more transactions in the past 3 years than any other advisor – we’ve been asked to present our perspective on transaction activity in 2009.
As KSA did a year ago, we’re going to start this column with
an overview of the mindset of potential buyers.
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Industry Issues | July 29, 2010 |
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Pandemic Flu– It’s not about the Sky Falling
NRA Speakers Urge Foodservice Industry to Prepare for Worst-Case Scenario
CHICAGO – While experts aren’t sure exactly when the United States will be embroiled in the next lethal pandemic, they are confident in warning Americans that it will happen sooner rather than later simply because we’re due.
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Diversity: Distributors Still Don’t Get It
WFF Panelists at NRA Show Claim Gender Diversification Impacts Bottom Line
CHICAGO – The bottom line of gender diversification – as with multicultural diversification – is that if companies are sincerely involved in vertically and horizontally diversifying their employees, managers and executives, their bottom lines would benefit.
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Why Some Systems Decrease Customer Service, Margins, Inventory Profitablity
By Dick Friedman
Some distributors have spent a fortune on new systems, only to discover months later that the business performance got worse, not better – or at best, didn’t increase. Other distributors have been using the same systems for many years, but still aren’t getting “the numbers” they want, and wonder why. This article looks at a few functional areas where mistakes and omissions are depressing customer service and profits.
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Campaigning To Fill Seats
Independent broadliner Shamrock Foods is on a mission to help fill
restaurant seats in its home state of Arizona. In mid-September, the
company launched the Dine4AZ campaign to encourage the public to help
stimulate the economy by dining out.
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The Extra Mile: Tracking Flavor
Pocono Produce is one of the largest independent broadliners servicing the Northeast and mid-Atlantic, but produce—which makes up 15 percent of sales—is still a calling card. A new program underscores that.
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The Extra Mile: Yancey's
At Yancey's, an independent broadliner founded in 1939, the push is on to build better relationships with customers. That means, among other things, more transparency. Find out what else this distributor is doing to keep business up in tough times.
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