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Food and Staples Retailing Food Distributors


  • May 4- Sysco Corp reported a lower-than-expected quarterly profit, hurt by higher costs and a strong dollar, a day before hearing begins on the Federal Trade Commission's motion to block the company's acquisition of rival US Foods Inc.. Sysco, the no. 1 U.S. food distributor, said on Monday that higher prices of meat, dairy and poultry products, expenses related to...

  • Sysco's profit falls as meat, poultry costs rise Monday, 4 May 2015 | 8:14 AM ET

    May 4- Sysco Corp, the no. 1 U.S. food distributor, reported a 2 percent fall in quarterly profit, hurt by a rise in meat and poultry prices, a strong dollar and higher expenses. Sysco, whose proposed $3.5 billion deal to buy smaller rival US Foods Inc is facing opposition from the Federal Trade Commission, said net income fell to $177 million, or 30 cents per share, in the...

  • The next big thing on pizza Thursday, 23 Apr 2015 | 2:31 PM ET

    Emily restaurant owner Matthew Hyland banked on a local grower for the freshest basil—and immediately saw his profits take seed.

  • April 22- Food distributor Sysco Corp said it had filed a memorandum opposing the U.S. Federal Trade Commission's efforts to block its proposed merger with smaller rival U.S. Foods Inc.. Sysco, the largest U.S. food distributor, unveiled its plan to buy US Foods, the second-largest, in December 2013. The U.S. government filed a lawsuit in February seeking to block...

  • April 22- Food distributor Sysco Corp said it had filed a memorandum opposing the U.S. Federal Trade Commission's efforts to block its proposed merger with smaller rival U.S. Foods Inc.. Sysco said it filed the memorandum on Tuesday in the U.S. Federal District Court for the District of Columbia, opposing the FTC's motion for preliminary injunction against the...

  • Nestle chocolates going au naturel Tuesday, 17 Feb 2015 | 4:17 PM ET
    Nestle Butterfinger Peanut Butter Cups.

    The change will affect more than 250 products across 10 brands, including Butterfinger, Nestle Crunch and Baby Ruth.

  • Will kids go for this nutritious startup? Monday, 16 Feb 2015 | 11:50 AM ET
    Will kids go for this nutritious startup?

    Having quality family time and your children eating healthily is key to families. Philippa Askham, founder of Sweetpea Pantry explains how it hopes to help this situation.

  • Chef Boyardee owner names new CEO, cuts forecasts Thursday, 12 Feb 2015 | 5:13 PM ET
    Cans of Chef Boyardee

    ConAgra Foods shares fell after it announced changes in management and cut its full year 2015 earnings forecasts.

  • Nestle takes on Hershey's in non-chocolate wars Wednesday, 11 Feb 2015 | 3:09 PM ET
    Red licorice

    For years, Hershey-owned Twizzlers have twisted the licorice market to its own desires. Now, Nestle wants a bite of that action.

  • Deliveroo: Restaurant cuisine at your door Friday, 30 Jan 2015 | 5:55 AM ET
    Deliveroo: Restaurant cuisine at your door

    Fred Destin, partner of Accel Partners discusses why his company has invested in the food tech start-up "Deliveroo."

  • How a beer came to sponsor a brothel Friday, 9 Jan 2015 | 7:22 PM ET
    Attendees crowd an aisle on the trade show floor during the 2015 International Consumer Electronics Show (CES) in Las Vegas, Jan. 6, 2015.

    There is a brothel in Nevada with a Budweiser room, which tells a unique tale about how brands promote themselves.

  • Caramel apples may cause deadly poisoning: CDC Friday, 19 Dec 2014 | 1:48 PM ET
    A variety of caramel apples

    Some commercially produced caramel apples may have caused an outbreak of food poisoning linked to five deaths.

  • Cutrale-Safra snaps up Chiquita in $1.3B deal Monday, 27 Oct 2014 | 8:30 AM ET
    Sergio Medina carries boxes in the Chiquita banana packing plant located on the Bueso plantation in La Lima, Honduras.

    Grupo Cutrale and investment firm Safra Group agreed to acquire U.S.-based banana producer Chiquita Brands in a deal valued at $1.3 billion.

  • Engineered food fight spending booms in first half Wednesday, 3 Sep 2014 | 6:14 AM ET
    Wheat grows in a test field at Oregon State University (OSU) in Corvallis, Oregon.

    Opponents of mandatory labeling for foods made with genetically modified organisms spent roughly three times their spending in all of 2013.

  • CEO resigns amid dog-kicking scandal Tuesday, 2 Sep 2014 | 11:50 AM ET

    The CEO caught on surveillance video kicking a small dog has resigned, his company announced Tuesday.

  • 4 indicted at slaughterhouse for cancer-ridden beef Tuesday, 19 Aug 2014 | 8:05 AM ET
    Chopped meat

    Four officials at a California slaughterhouse allegedly slaughtered diseased cows while inspectors were on lunch breaks and distributed the beef.

  • Another craft brew booms...Soda! Saturday, 2 Aug 2014 | 3:00 PM ET
    Appalachian Brewing Company’s flagship root beer.

    Craft soda may be little, but as local companies get picked up by Walmart and big players boost profits, it proves fierce.

  • Don't believe the hype—a kale crisis is bunk Thursday, 24 Jul 2014 | 2:55 PM ET
    Northern Spy Food Co.’s kale salad.

    Recent stories reported a coming worldwide kale shortage due to an absence of seeds at Australia's Bejos Seeds. The truth is something else.

  • Look who's taking on Coke and Pepsi in Asia Wednesday, 23 Jul 2014 | 11:59 AM ET

    AJE Group, the company that owns Big Cola, is battling Coke and Pepsi in Asian and Latin American markets. Financial Times reports.

  • Produce contamination scare not so peachy Tuesday, 22 Jul 2014 | 10:19 AM ET

    Wawona Packing says no illnesses have been reported from a listeria scare of some of its produce, and the nationwide recall is a precaution.