Rosemont, Illinois-based distributor US Foods Holding Corp. (NYSE: USFD) reported 2021 fourth quarter sales of $7.6 billion, a 24.5% increase over the same quarter in 2020. US Foods also reported 2021 year-end sales of $29.5 billion, a 28.8% increase over the previous year. For 4Q, gross profit increased 23.2% to $1.2 billion, while net income […]
Category: foodservice
Platform Raises $16M to ‘Enhance’ Ordering
Pepper, an e-commerce platform for food distributors, has raised $16 million in Series A funding to “enhance the ordering experience” for distributors serving more than 25,000 restaurants and grocery stores in the U.S. and Canada, the company announced. Index Ventures led the round of funding, with participation from Greylock, Imaginary Ventures, BoxGroup, Moving Capital and […]
AllPoints Partners With Dormont
AllPoints, a Mt. Prospect, Illinois-based foodservice parts and supplies provider, has agreed to a master distributor relationship with Dormont, a manufacturer of stainless-steel gas connectors with its U.S. office in Export, Pennsylvania. AllPoints will take a “strong inventory position” of Dormont products, with a goal of improved Dormont fulfillment in an effort to reduce supply […]
