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Sysco Corporation (short for Systems and Services Company) is an American multinational corporation involved in marketing and distributing food products, smallwares, kitchen equipment and tabletop items to restaurants, healthcare and educational facilities, hospitality businesses like hotels and inns, and wholesale to other companies that provide foodservice (like Aramark and Sodexo).
CFS Continental operations purchased by Sysco included all brands, distribution facilities and equipment; wholesale grocery sales force; NCD Detergents; the Gregg's Food Products/ Re-Mi Group, which manufactured more than 350 food items such as salad dressings and puddings; Continental Coffee; the Interstate Foods Group (shortening); and Fresh ...
On December 9, 2013, Sysco Corp announced it would acquire US Foods for $8.2 billion ($3.5 billion plus $4.7 billion of debt), [17] but on June 24, 2015, U.S. federal judge Amit Mehta ruled that the combined Sysco-US Foods would control 75% of the U.S. foodservice industry and that would stifle competition. On June 29, 2015, Sysco terminated ...
The Harry and Ida Rykoff Family moved from Sioux City, Iowa, to Los Angeles in 1910. The family opened a small grocery store near Union Station in downtown Los Angeles. They had nine children. In 1919, their son Saul returned from military service in World War I and rejoined his parents’ grocery store. Saul realized that selling food by the ...
Sysco, and the food industry more broadly, struggles to restore profit growth, even five years removed from the 2008 recession. ... More than 100K forced to evacuate as deadly Los Angeles fires ...
This is a list of notable corporations headquartered in Los Angeles County, California. The table is arranged alphabetically by company. The table is arranged alphabetically by company. This is a dynamic list and may never be able to satisfy particular standards for completeness.
Schnieders began his career in the meat department of a regional grocery store, before moving on to sell meat for a national company, and later serving as the general sales manager for a foodservice distributor. He began working for Sysco in 1982, joining an executive management program at the company's Memphis subsidiary. [1]
Brace yourselves for the quarterly numbers of yet another food inflation victim. Sysco (NYS: SYY) , the U.S.' largest food distributor, posted flat net earnings in the first quarter. Let's dig deeper.