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The Federal Trade Commission alleges that if the merger between Sysco and US Foods goes forward as proposed, foodservice customers, including restaurants, would likely face higher prices and diminished service.
News comes at a time when beef prices are at historic highs, as is demand for premium beef; new Irish supply could bring price relief.
Last week, the Environmental Protection Agency announced it will delay the 2014 ethanol volume mandate, a move that will continue to affect commodities costs. The announcement was greeted with strong opposition from restaurant industry organizations. "We are disappointed that the...
Mars Inc. and Barry Callebaut, two chocolate giants, have warned of an impending chocolate shortage.
XPIENT offers integrated cloud-based human resources, staffing and scheduling, food cost control and inventory and supply management solutions.
Research and Markets has released the "Global Cheese Market 2014-2018" report to their line of products.
Restaurants Canada is calling on a government commission to be more transparent as it investigates the cost of production formula used in setting the price of Ontario chicken.
Culinary Software Services recently released ChefTec xt4, featuring simplified entry of Hazard Analysis & Critical Control Points information, a new EDI interface with FreshPoint and improved interfaces.
Participants will be entered in a drawing to win a $100 Amazon gift card and will receive a complimentary copy of the findings.
Restaurant supply chain co-op SpenDifference has launched the latest survey in its menu price tracking study program. U.S.
The webinar, sponsored by the US Department of Agriculture, will offer information on reducing food waste through food donation.
RMD Technologies, LCC recently launched the D-Mometer and TAM Network, a "machine-to-machine" (M2M) solution that provides businesses and consumers real-time information on the time and temperature exposure of meats, produce and other perishable items.
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.
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.
Tyson Foods Inc. today announced it has submitted a unilaterally binding offer to acquire all outstanding shares of The Hillshire Brands Company for a price of $63 per share in cash.
The Hillshire Brands Company issued the following statement in response to the unsolicited proposal by Tyson Foods on Thursday to acquire Hillshire Brands for $50 per share in cash. “Consistent with its fiduciary duties, and in consultation with its independent...
The majority of America’s chain restaurants held the line on price hikes the first part of the year but plan to start raising them, according to a new survey from SpenDifference, a restaurant supply chain co-op. The survey included nearly...
Due to the spread of a virus (PEDv) affecting hogs, pork supply shortages are expected in many countries in the near term. According to the Rabobank Pork Quarterly Q2 report, the ongoing spread of the virus in the Americas and...
With pressures from rising food costs, restaurant operators are seeking ways to increase check size without increasing the cost of popular menu items, but charging for condiments won't be the easy fix, according to new research from The NPD Group....
The Food Waste Reduction Alliance has published the Best Practices and Emerging Solutions Toolkit to help foodservice businesses reduce food waste. The FWRA is a cross-sector industry initiative led by the Food Marketing Institute, the Grocery Manufacturers Association and the...