Thai Union, which led an investment group that acquired the casual dining seafood chain in 2020, said that it plans to exit the business. Thai Union Group has apparently had enough endless shrimp. The Bangkok-based seafood supplier, which has been an investor in Red Lobster since 2016, now wants out of the business, the company… read more
Global Foodservice News
Jimmy John’s is taking its sandwiches outside the U.S.
The Atlanta-based chain signed a pair of deals to expand into Canada and Latin America, its first international development agreements. Jimmy John’s is going to Canada. And to Latin America. The Atlanta-based sandwich chain on Wednesday said it signed a pair of development agreements that will take the brand beyond its borders for the first… read more
Wendy’s names a former PepsiCo executive to be its next CEO
The burger chain said that Kirk Tanner will lead the company into its “next phase of growth and expansion.” He replaces Todd Penegor. Wendy’s on Thursday made an unexpected change at the top, naming former PepsiCo executive Kirk Tanner to be the company’s next CEO. Tanner will replace Todd Penegor, who has been an executive… read more
Lawson Products Acquires Emergent Safety Supply
Distribution Solutions Group, Inc. announced that its operating company, Lawson Products, completed the acquisition of Safety Supply Illinois LLC, DBA Emergent Safety Supply (ESS), a national distributor of safety products based near Chicago in Batavia, Illinois. “We are excited to announce the acquisition of ESS,” says Cesar Lanuza, President and Chief Executive Officer of Lawson… read more
National Forest Products Week Celebrates Industry’s Sustainability Leadership
The 63rd Annual Event Celebrates the People Who Make Essential and Sustainable Paper and Wood Products WASHINGTON – The American Forest & Paper Association (AF&PA) is celebrating the 63rd annual National Forest Products Week. Throughout this week, AF&PA will highlight the industry’s sustainability leadership and paper recycling achievements within the circular economy. The forest products… read more
Predicting the Next Decade of Infection Prevention
According to research conducted by Future Market Insights, the global infection prevention market is estimated to be over $40,845 million in 2024. Between 2024 and 2034, the market is predicted to grow at 3.1 percent, reaching a valuation of $55,379 million by that year. The infection prevention and control market is expanding globally due to… read more
Online Recruitment of Employees: Navigating the Novel Legal Challenges
As the new year unfolds, it brings the anticipation of new hires and heightened activity among the hospitality industry gearing up for the bustling spring and summer seasons. But with the promise of busy season comes a looming concern: the widespread labor shortage. Despite offering competitive wages and benefits, the hospitality industry’s struggle to adequately… read more
2024 Food & Beverage Industry Outlook: Proceed with Caution
Can the food & beverage industry capitalize on a slightly more stable landscape in 2024 and grow volume, not just dollar sales? It may seem like a broken record or some strange rewrite of the movie “Groundhog Day,” but as the food & beverage industry moves into 2024, it does so with a sneakily similar… read more
JDE Peet’s Takes Over Caribou Coffee Manufacturing
The global license agreement will enable JDE to manufacture, market and sell Caribou-branded consumer and foodservice coffee products. JDE Peet’s, which claims to be the world’s largest pure-play coffee and tea company, inked a long-term global license agreement to manufacture, market and sell Caribou consumer and foodservice coffee products, excluding Caribou coffeehouses. That means JDE… read more
Parts Town Boosts OEM Parts Inventory
An expanded deal with a multiproduct manufacturer adds access to warewashing parts, with more to come. Parts distributor Parts Town has expanded an ongoing partnership with Hobart, gaining more genuine OEM replacement parts for the manufacturer’s warewashing equipment than ever before. A greater inventory, competitive pricing, and faster shipping and delivery across North America and… read more