by Tim Powell | Jul 23, 2020 | Blog
One of the primary reasons companies explore opportunities in the foodservice industry is to take advantage of profitability that far outpaces retail or consumer packaged goods. It is a primary reason the center-of-the-aisle in retail (pre-Covid-19) has given...
by Tim Powell | Jul 10, 2020 | Blog
Higher costs mean higher prices. In the current state of affairs, price increases will inevitably be passed to patrons in the coming months. For now, PPP money is assisting the small independents as they slowly open their doors. However, with many...
by Tim Powell | Jul 9, 2020 | Blog
Prior to the coronavirus crisis, the U.S. foodservice industry had only dabbled in omnichannel ordering and delivery. But by the middle of March, with necessity being the mother of invention, operations were forced to quickly reinvent themselves,...
by Tim Powell | Jun 24, 2020 | Blog
In June, Maines Paper and Food Service Inc. filed for Chapter 11 bankruptcy. At $3.5 billion in annual sales, the family-owned company represented the largest and most expansive privately held business based in the Binghamton, Delaware region. According to Forbes,...
by Tim Powell | Apr 22, 2020 | Blog
Recently, we’ve written extensively on the impact of Covid on the foodservice industry. In fact, in March, we believed the virus may shutter restaurants for a couple of months. The truth is, there is not a specific timeframe. Restaurants Are Not The Only Victims...
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