Latest Chinese supply chain crisis hits Yum! Brands' sales 'significantly'

Yum! Brands said the latest supply chain crisis in China has caused "significant, negative" damage to sales at its KFC and Pizza Hut brands in that market. Reuters reported that if this impact is sustained, it will have a "material"...

FEATURES


Gas prices drop for 24th straight day despite geopolitical tensions

Wheat is down more than 40 cents in two weeks.

Wheat prices fall 32 cents in a week

Gas prices continue to drop from Independence Day spike.

Cheese remains below $2 for second week in a row

After hitting 6-year highs, gas prices tumble in a week.

How corn affects food prices

Corn prices were up 13 percent in the first six weeks of 2014 which will adversely affect the price of many of the foods you stock in your restaurant.

Gas prices hit 6-year highs over holiday weekend

Public pizza company stocks ride the positive jobs report.

Wheat prices remain solidly below $7

Pizza Hut parent company hits another fresh 52-week high last week.

All eyes on Iraq as gas prices rise

Yum! Brands reach a fresh 52-week high on Friday.

Cheese prices rise sharply week over week

Gas prices inch higher as summer approaches.

Good, better, best: Counter tops

For all it endures, a counter has to be tough, but durability often comes at a cost.

Wheat prices fall below $7 mark

Cheese prices rise sharply to close out last week.

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NEWS


Tyson Foods sells poultry businesses in Mexico and Brazil

Tyson Foods Inc. has reached a definitive agreement with JBS SA to sell its poultry businesses in Mexico and Brazil.

Liguria Foods intros new premium pepperoni brand

Liguria Foods has introduced a new premium pepperoni brand: Bravo Gusto. Bravo Gusto joins the Liguria family of pepperoni, which includes Liguria Rosso, Rosso Spicy, the milder Gratifica, and the original Liguria. According to a news release, Liguria developed the new brand as its top-of-the-line offering.

Unique Pizza hires dairy scientist to advise on product development

Unique Pizza and Subs Corporation today announced it has engaged Dr. M. (Mali) S.

DaVinci Gourmet intros new smoothie mixes for foodservice operators

DaVinci Gourmet has introduced new smoothies made without artificial sweeteners, colors or preservatives. According to a news release, the smoothies include two servings of fruit per 8-ounce finished drink and are geared toward the foodservice industry. "With healthy eating on...

Tyson’s tender offer for Hillshire set at $63 per share

Tyson Foods has commenced a cash tender offer for all outstanding shares of common stock of The Hillshire Brands Company at a price of $63.00 per share. The tender offer is being made pursuant to the previously announced merger agreement dated July 1, among the two companies. The tender offer period will expire at midnight Aug.

Henny Penny earns three Business Marketing Assoc. awards

Henny Penny announced it has received three B2 Awards of Excellence from the Business Marketing Association. The awards were presented for the company’s new corporate website (HennyPenny.com), for its "Math" advertising campaign and for a microsite created to support that...

Vitamix CEO named regional Entrepreneur of the Year

Jodi Berg, president and CEO of Vitamix, has received the EY Entrepreneur Of The Year 2014 Award in the Family Business Category in the Northeast Ohio region. Vitamix was founded by Berg’s great grandfather in 1921. According to a news...

Ice-O-Matic adds to Energy Star lineup

Ice-O-Matic, a manufacturer of ice machines, storage bins and dispensers, has announced a new addition to its lineup of Energy Star-rated machines. The ICEU226A joins the company’s selection of more than 30 machines to be awarded the Energy Star certification, meeting guidelines set by the U.S. Environmental Protection Agency.

Sabert CEO wins 2014 Ernst & Young Entrepreneur of the Year Award for New Jersey region

Sabert Corporation announced today that Founder and CEO Albert Salama received the Ernst & Young Entrepreneur of the Year 2014 Award in the Excellence in Distribution and Manufacturing category in the New Jersey region. Salama was selected by an independent...

Foodservice packaging providers expect volume growth for limited-service concepts

According to an annual survey conducted by the Foodservice Packaging Institute, foodservice packaging converters, raw material and machinery suppliers, foodservice distributors and operators expect sales growth this year. As part of the survey, more than 80 FPI members, including members...

Report: 93% of restaurant chains plan to raise menu prices

This year's unexpected food cost increases will likely to force chain restaurants to raise menu prices even as competition gets tighter. A new report from supply chain co-op SpenDifference shows that sharp increases in commodities have raised concerns that consumer food-inflation could reach 3 percent by the end of this year.

TouchBistro adds Pay at Table service in PayPal app

TouchBistro today announced that it has integrated the Pay at Table service in the PayPal app with its TouchBistro mobile point-of-sale solution for tableside ordering. Customers at any participating TouchBistro location in North America can now use the PayPal app...

District of Columbia bans polystyrene food, beverage containers

The Washington Post reports that Washington, D.C. lawmakers voted Tuesday to ban the use of plastic-foam food and drink containers by 2016.

Survey indicates further consolidation in the food industry

In light of recent intentions by Tyson to acquire Hillshire Brands, a new survey conducted by just-food.com indicates that half of international food industry executives expect even more M&A activity this year. According to a release from just-food.com, the Tyson/Hillshire...

Pizzas 4 Patriots en route to US troops for July 4

Pizzas for Patriots, in partnership with DHL Express, is returning for this Fourth of July. The campaign projects the delivery of 5,000 pizzas to service men and women stationed overseas, including in Afghanistan. Pizzas 4 Patriots is a Chicago-based non-profit organization created in 2008 by Retired Master Sergeant Mark Evans and his son Kent.

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From kitchen equipment to front-of-house furniture, we'll help you stay on top of the latest trends and considerations when it comes to restaurant supply purchases.