Foodservice

EQS-News: Symrise AG again raises sales significantly in 2023

Retrieved on: 
Wednesday, March 13, 2024

The Symrise Group generated sales of € 4,730 million in the 2023 fiscal year, an increase of 2.4 % in the reporting currency.

Key Points: 
  • The Symrise Group generated sales of € 4,730 million in the 2023 fiscal year, an increase of 2.4 % in the reporting currency.
  • Heinz-Jürgen Bertram, Chief Executive Officer of Symrise AG: “2023 was again a successful year of growth for Symrise.
  • Despite the good sales development in the 2023 fiscal year, earnings remained below expectations.
  • The cost of goods sold increased slightly faster than sales, which was mainly attributable to higher raw material and manufacturing costs.

Kaleris Launches Yard Management Innovations at MODEX 2024

Retrieved on: 
Monday, March 11, 2024

“Kaleris is revolutionizing yard management by bringing real-time data and connectivity to the forefront of yard operations,” said Scott Holland, Chief Product Officer at Kaleris.

Key Points: 
  • “Kaleris is revolutionizing yard management by bringing real-time data and connectivity to the forefront of yard operations,” said Scott Holland, Chief Product Officer at Kaleris.
  • The latest innovations to Kaleris YMS include:
    Intelligent Movement to strategically organize yard moves, minimizing conflicts and reducing bottlenecks while maximizing safety and efficiency.
  • Kaleris Yard Management System was also recently named Overall Market Leader, Top Innovator and Top Implementor in the 2023 Yard Management System Competitive Ranking by ABI Research.
  • Attendees at MODEX 2024 can experience a demo of the latest innovations by visiting booth C6468.

NRSInsights’ February 2024 Retail Same-Store Sales Report

Retrieved on: 
Friday, March 8, 2024

NEWARK, N.J., March 08, 2024 (GLOBE NEWSWIRE) -- NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative same-store sales results for February 2024.

Key Points: 
  • NEWARK, N.J., March 08, 2024 (GLOBE NEWSWIRE) -- NRSInsights , a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative same-store sales results for February 2024.
  • (Same-store sales, unit sales, transactions, and average price data refer to February 2024 unless otherwise noted.
  • Same-store sales increased 7.4% compared to January 2024, consistent with the expected seasonal rebound from the post-holiday dip in January.
  • The NRSInsights monthly Same-Store Retail Sales Reports are intended to provide timely topline data reflective of sales at NRS’ network of independent, predominantly urban, retail stores.

Women-Owned Businesses Outpace Growth Across Categories Despite Lower Earnings

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- In its annual analysis of 53,000 companies in 2023, the Biz2Credit Women-Owned Business Study found that earnings for women-owned small businesses remained steady while earnings for men-owned businesses decreased by 3%.

Key Points: 
  • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- In its annual analysis of 53,000 companies in 2023, the Biz2Credit Women-Owned Business Study found that earnings for women-owned small businesses remained steady while earnings for men-owned businesses decreased by 3%.
  • A year-over-year (YoY) comparison showed a 15.5% increase in annual revenue with a higher funding rate (35%) for women-owned businesses, in comparison to men-owned businesses (29%).
  • The Biz2Credit Women-Owned Business Study examined financial indicators including annual revenue, operating expenses, age of business, and credit scores of funding applicants.
  • The Average Age of Business (in months) for women-owned businesses increased 11 months YoY but remains 10 months lower than men-owned businesses in 2023.

CORE Public Relations Unveils CORE Advance©

Retrieved on: 
Wednesday, March 6, 2024

GARDEN CITY, N.Y., March 06, 2024 (GLOBE NEWSWIRE) -- CORE Public Relations (CORE PR), a full-service, integrated public relations agency and a division of CORE IR, today announced the launch of CORE Advance©, its expanded suite of tailored communications and brand development services.

Key Points: 
  • GARDEN CITY, N.Y., March 06, 2024 (GLOBE NEWSWIRE) -- CORE Public Relations (CORE PR), a full-service, integrated public relations agency and a division of CORE IR, today announced the launch of CORE Advance©, its expanded suite of tailored communications and brand development services.
  • CORE PR agency directors, CORE IR executives, and expanded practice-specific liaisons within the broader CORE team provide expert counsel, and issues and communications crisis management.
  • Headed by communications industry veterans, Gordon, with over 20 years of experience, and Public Relations Managing Director Kati Waldenburg, with nearly 15 years of experience, CORE PR is positioned to spark public interest, maximize exposure, and deliver actionable results for clients.
  • “CORE Advance exemplifies our commitment to innovation and adaptability, and our desire to help our clients succeed.”
    For more information about CORE PR, please contact: [email protected] .

ON Partners Validates Consumer Demand for Sustainability is Transforming Executive Leadership Roles

Retrieved on: 
Tuesday, March 5, 2024

CLEVELAND, March 05, 2024 (GLOBE NEWSWIRE) -- This month, ON Partners , a pure-play retained executive search firm building diverse C-level and board leadership teams, confirmed consumer demand for sustainable products has increased the need for companies to fill executive leadership roles that support and drive sustainability efforts across functional domains.

Key Points: 
  • CLEVELAND, March 05, 2024 (GLOBE NEWSWIRE) -- This month, ON Partners , a pure-play retained executive search firm building diverse C-level and board leadership teams, confirmed consumer demand for sustainable products has increased the need for companies to fill executive leadership roles that support and drive sustainability efforts across functional domains.
  • Due to the demand for product transparency, companies are emphasizing data analytics, chief data science officer, and quality officer roles.
  • This transformative shift has cascaded throughout businesses, prompting a surge in demand for executive leadership roles tasked with integrating sustainability across various functional domains, including data management, operations, quality assurance, engineering, and supply chain management.
  • ON Partners' data underscores this trend, revealing a notable 21% increase in roles dedicated to sustainability transformation.

CARBIOS Active, the enzymatic solution for 100% compostable PLA, added to FDA Inventory of Food Contact Substances

Retrieved on: 
Tuesday, March 5, 2024

With this milestone, CARBIOS Active can be used to make packaging materials that are sold in the United States and come into contact with food, including rigid and flexible packaging, and other applications.

Key Points: 
  • With this milestone, CARBIOS Active can be used to make packaging materials that are sold in the United States and come into contact with food, including rigid and flexible packaging, and other applications.
  • PLA plastic which includes this unique enzymatic solution is certified for industrial and home composting.
  • CARBIOS Active was recently certified by the Biodegradable Products Institute (BPI) , North America’s leading authority on compostable products and packaging.
  • Emmanuel Ladent, CEO of CARBIOS: “For CARBIOS, product safety is of utmost priority and we consider FCN from the FDA as the gold standard.

Wawa Announces New “Fly Beyond” Kids Meal Initiative to Help Fight Hunger and Help Kids Soar

Retrieved on: 
Monday, March 4, 2024

From March 4 through July 28, for every Wawa Kids Meal purchased, Wawa will donate funds to local food bank partners to provide meals to the community!

Key Points: 
  • From March 4 through July 28, for every Wawa Kids Meal purchased, Wawa will donate funds to local food bank partners to provide meals to the community!
  • Together, Wawa and its customers will be able to fund approximately 45,000 meals per week for nearly one million meals throughout the duration of the program.
  • The proceeds from every store will support the local Feeding America Food Banks within the store’s operating area.
  • “We hope this initiative also inspires conversations around the dinner table about the importance of helping others get access to nutritious food and reducing hunger in our communities and helping kids thrive and be there best.”

New Research Identifies Opportunities for Aligning on Consumer Eating Occasions

Retrieved on: 
Thursday, February 29, 2024

Chicago, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Insights revealed today from FMI – The Food Industry Association , Oliver Wyman and Circana demonstrate new opportunities for food industry trading partners to cater to shoppers’ expanding definitions of value.

Key Points: 
  • Chicago, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Insights revealed today from FMI – The Food Industry Association , Oliver Wyman and Circana demonstrate new opportunities for food industry trading partners to cater to shoppers’ expanding definitions of value.
  • The research, Finding Growth for Food & Beverage at Retail: Winning Eating Occasions throughout the Day , supports go-to-market strategies and ways in which grocers can attract more shopper relevance regarding needs, experiences, tastes, rewards, health – and especially convenience.
  • Sally Lyons Wyatt, global EVP and chief advisor, consumer goods and foodservice insights, Circana, said, “Time is of the essence for Americans, especially when it comes to their morning routines.
  • Sixty-five percent of morning eating occasions are prepared in less than five minutes, and we see opportunities for new appliances that give consumers quick solutions, with the microwave gaining the most ground since 2020.”
    In the evening, lower-prep, quick-cleanup, and fewer ingredients are growing trends, Oliver Wyman Partner Randall Sargent said, “Dinner represents the largest financial upside for retailers winning at home relative to other eating occasions throughout the day.

Sodexo and AstraZeneca extend their global partnership for a further 5 years.

Retrieved on: 
Thursday, February 22, 2024

Sodexo and AstraZeneca extend their global partnership for a further 5 years.

Key Points: 
  • Sodexo and AstraZeneca extend their global partnership for a further 5 years.
  • Sodexo and AstraZeneca have built a trusting relationship over the years, with significant advances implemented to improve the daily lives of consumers.
  • The collaboration between Sodexo and AstraZeneca began in 2008 in the UK with a first Food and Facilities Management contract.
  • Johan Stellingwerf, Sodexo Chief Operating Officer for Global Strategic Accounts said: “We are very pleased to have extended our long-lasting partnership with AstraZeneca.