Golden State Foods acquires five U.S. distribution locations

U.S. foodservice industry set to rebound to pre-pandemic levels by 2023 July 29, 2020

The latest research from Mintel shows that after several years of growth, the foodservice industry is expected to decline by up to 30% from 2019 to 2020, following nationwide dine-in bans/restrictions, restaurant closures, job losses, and lowered consumer confidence.

U.S. restaurant industry recovery stalls with no improvement in six weeks July 27, 2020

COVID case surges across the United States and the subsequent rollbacks in re-opening plans have stalled the U.S. restaurant industry’s recovery, reported The NPD Group.

U.S. quick-service restaurant chains drive customer transaction declines July 20, 2020

Total customer transactions at major U.S. restaurant chains declined by 14% in the week ending July 12 versus one year ago, compared with -11% in the prior week, reported The NPD Group.

U.S. quick-service restaurant chains fuel improvement July 13, 2020

Customer transactions at major U.S. restaurant chains declined by 10% in the week ending July 5 compared with the same period one year ago, an improvement over the previous week’s decline of 14%, reported The NPD Group.

Sonoma Brands acquires Chef’s Cut Real Jerky Co. July 10, 2020

Sonoma Brands, a private equity investor and incubator focused on emerging consumer brands, has completed the acquisition of Chef’s Cut Real Jerky Co. for an undisclosed amount.