Month: November 2017

US Foods Holding Corp. today announced an offering of an aggregate of 39,955,545 shares of its common stock by investment funds associated with Clayton, Dubilier & Rice, LLC and Kohlberg Kravis Roberts & Co. L.P. …

Frank Case, executive vice president at Performance Foodservice, Temple, TX, was presented the 2017 Mike Roach Leadership Award during the IFDA Distribution Solutions Conference. Case was one of 34 students in the 2017 IFDA Executive Development Program at the University of Virginia Darden School of Business, and the award is presented to the top student contributor based on a survey of participants and professors. Performance Foodservice is a division of Performance Food Group, headquartered in Richmond, VA. …

Shifting consumer attitudes, behaviors, and demographics; an evolving marketplace with ongoing channel and digital disruptions; and increasing competition for consumer mindshare and dollars are changing the playing field for food companies and foodservice operators, reports The NPD Group, a leading global information company. The key shifts are how consumers shop, define convenience, use restaurants and foodservice outlets, and personalize health and wellness, according to NPD’s recently released Eating Patterns in America report. …

After six consecutive quarters of flat or negative traffic, strong growth at quick service (QSR) burger and gourmet coffee chains drove total foodservice industry traffic into positive territory — up 1 percent — in the quarter ending September, reports The NPD Group, a leading global information company. …