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Restaurant Business Staff

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Restaurant Business Staff

Page 483

ID NEWS: Sysco cost structure 'comparable' to that of Wal-Mart, thanks to IT

Sysco Corp.'s focus on cost structure is comparable to that of Wal-Mart Stores, Inc., according to Andrew Wolf, an equities analyst at BB&T Capital Markets...

ID NEWS: Hours-of-service rules finalized by DOT

The Department of Transportation's (DOT) Federal Motor Carrier Safety Administration has issued its first revision to hours-of-service regulations in more...

ID NEWS UPDATE: Analyst suggests new Ahold ceo divest USF

The financial community has reacted favorably to the appointment of Anders C.Moberg as ceo of Royal Ahold, Zaandam, The Netherlands (ID web news, 5/2/03),...

ID NEWS: Ahold appoints new ceo; maturity date of USF securitized receivables extended

Royal Ahold, Zaandam, The Netherlands, has announced a new ceo, at the same time it says that the maturity date of securitized receivables from its U.S...

ID NEWS: McLane to sell transportation unit to Swift

McLane Company, Inc., Temple, TX, a grocery and foodservice systems distributor subsidiary of Wal-Mart Stores, Inc., has agreed to sell its $140-million...

ID NEWS: Wal-Mart to sell McLane, thus exiting food distribution

Analyst speculation that Wal-Mart would jump into the foodservice distribution game with a major acquisition, such as U.S. Foodservice (USF), appears to have...

ID NEWS: Activists seek college foodservice purchases of certified 'fair trade' coffee

United Students for Fair Trade, a group of social activists at America's colleges, is seeking to get schools to purchase only coffee that has earned a fair...

ID NEWS: RSI asks its suppliers to implement GTIN product identification

Restaurant Services, Inc., (RSI), Miami, an independent member-owned purchasing cooperative serving Burger King operators in the U.S., is adopting the global...

ID NEWS: Florida irradiator reports quarter profit; cites expanding base

Food Technology Service, Inc., Mulberry, FL, one of the nation's most experienced commercial food irradiators, has reported a profit of $39,487 for the first...

ID NEWS: Survey cites foodservice opportunities for fresh-cut produce

Opportunities abound for fresh-cut produce among foodservice operators, according to results of a survey of restaurateurs conducted for the International...

ID NEWS: PFG reports strong 1st quarter

Performance Food Group (PFG), Richmond, VA, has reported sales of $1.3 billion for the first quarter of 2003, up 27% from $996.9 million for the equivalent...

ID NEWS: IFDA's John Gray to receive IFMA J. Tobin Scholarship Award

John Gray, president and ceo, International Foodservice Distributors Association (IFDA), Falls Church, VA, is this year's recipient of the J. Tobin...

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