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Legacy Foodservice Alliance added Lee & Giant and JC Food System Inc., as well as and Fisher Foods Inc. (doing business as Mazzone Foods), to its organization of more than 170 distributors and more than 600 supplier members. Bronx, N.Y.-based Lee & Giant and JC Food System Inc. distribute...
Baldor Specialty Foods announced that it is the first U.S. wholesaler to completely eliminate food waste from its production facility. The company reports that it has successfully diverted 100% of the organic waste generated in its Fresh Cuts operation from landfills. The move aligns with Baldor...
Quaker Valley Foods Inc. has acquired Moyer-Mitchell Co. for an undisclosed sum. The deal closed in late November. Quaker Valley and MMC are both family-owned businesses located within 25 miles of each other and share the same sales territory.
Performance Food Group Co. has acquired T.F. Kinnealey & Co. for an undisclosed sum. The deal closed in mid-October. Founded in 1939, Brockton, Mass.-based T.F. Kinnealey is a meat processor and distributor servicing restaurants, country clubs, hotels, colleges and hospitals in the New England...
Performance Food Group Co. released its first-quarter earnings report for fiscal 2017. For the quarter ended Oct. 1, the company reported net income of $12.2 million, flat compared to the same quarter a year ago. Gross profit climbed 6.3% to $561.3 million from the year-ago period, while operating...
The Chefs’ Warehouse Inc. released its earnings report for the third quarter of 2016. For the period ended Sept. 23, the company reported net income of $1.3 million, down from $5.2 million in the same period last year. Gross profit climbed 5.7% to $74.4 million from the year-ago period, while...
US Foods Holding Corp. released its earnings report for the third quarter of 2016. For the period ended Oct. 1, the company reported net income of $133 million, up from $5 million in the comparable period last year. Gross profit climbed 2.0% to $1 billion, compared to last year’s results,...
Sysco Corp. released its first-quarter earnings report for 2016. For the period ended Oct. 1, net income climbed 32.5% to $323.9 million from $244.4 million in the comparable period a year ago. Gross profit grew 20.3% to $2.7 billion from the year-ago period, while operating expenses increased 21.8...
Gordon Food Service opened a new concept store under the Gordon Restaurant Market banner. The 40,000-square-foot store in Buffalo also marks the company’s first store location in New York. Gordon Restaurant Market is open to foodservice professionals and requires a no-cost membership. GFS...
Golden State Foods subsidiary Quality Custom Distribution has purchased the assets of Mile Hi Specialty Foods. The acquired business will operate as QCD Rocky Mountain. Terms for the deal were not disclosed. QCD Rocky Mountain will service more than 900 restaurants in the North Central U.S.,...
Ben E. Keith Co. acquired MenuMax, a recipe and menu management software company that provides solutions for the foodservice industry. Terms for the deal were not disclosed. MenuMax’s fully automated cloud-based recipe and menu management system assists in organizing and planning menus;...