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Restaurant Business Staff

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Restaurant Business Staff

Page 486

Yields & Deals-USF anticipates double-digit growth; integration of PYA/Monarch on track

Organic sales growth for U.S. Foodservice (USF), Columbia, MD, should continue into the second quarter and remainder of the fiscal year, consonant with...

Yields & Deals-Kraft IPO goes gangbusters but analyst lowers profit estimate

On June 18, net proceeds of the initial public offering (IPO) for Kraft Foods, Inc., Northfield, IL, amounted to approximately $8.4 billion. Demand was so...

JULY 30, 2001--Marriott Distribution Services (MDS), Washington, DC, has reported a 4 percent increase in its fiscal 2001 second quarter ended June 15...

JULY 30, 2001?Smart & Final, Inc., Los Angeles, has reported foodservice distribution sales up 2.9 percent to $98 million in its second quarter ended June...

JULY 26, 2001?Performance Food Group, Richmond, VA, a $2.6-billion regional broadliner has signed a definitive agreement to acquire SFC-Springfield...

JULY 23, 2001?Somerset Food Service, Inc., Somerset, KY, has been honored as Member of the Year by UniPro Foodservice, Inc., Atlanta.Tim Williams, president...

JULY 23, 2001--Amphire Solutions, Inc., Boise, Idaho, has announced that a large number of distributors are set to go live on Amphire Exchange this...

JULY 23, 2001?Alliant Foodservice, Inc., Deerfield, IL, a subsidiary of Alliant Exchange, Inc., has agreed to participate in Marketplace@Novation, the...

DistributorsSYSCO Corp. has announced several executive appointments. K. Susan Billiot as assistant vice president of human resources, Christopher K. Davis,...

JULY 16--Simon & Leeman Corp., Detroit, has joined Pro*Act, Monterey, CA, a national distributor produce buying and marketing group. The addition of the...

JULY 16--Distribution Market Advantage (DMA), Schaumburg, IL, a $12-billion national distributor marketing organization to multi-unit operators, has...

JULY 16--U.S. Foodservice (USF), Columbia, MD, a $12-billion broadliner, has signed an agreement with Fresh Solutions, Inc., through which the Atlanta-based...

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