Global Foodservice News
Papa Murphy’s challenges continued in Q1
Parent company MTY Group acquired about 50 underperforming locations from franchisees last year and their turnaround is ‘more complicated than anticipated’ MTY Food Group, parent company of Papa Murphy’s and several other brands, reported first quarter results late last week, including a same-store sales decline of 2.5%. System sales were $1.3 billion for the quarter,…
Read MoreCalifornia’s $20 minimum wage for fast-food workers led to ‘negative outcomes,’ researchers say
Stephen Owen of UC Santa Cruz cited higher menu prices, reduced hours, lost benefits and accelerating automation Researchers found that California’s minimum wage hike for fast-food workers led to “negative outcomes” such as automation and reduced work hours. The researchers at the University of California, Santa Cruz suggested in a report published in March that…
Read MoreA group of independent restaurants wants the FTC to block Sysco-Restaurant Depot deal
The Independent Restaurant Coalition says that the giant distributor’s proposed $29 billion acquisition of the cash-and-carry provider would eliminate a key alternative for many operators. The Independent Restaurant Coalition is calling on the U.S. Federal Trade Commission to block Sysco’s proposed acquisition of Restaurant Depot, saying that the deal would eliminate a crucial alternative used…
Read MoreSubway to Celebrate Tax Day with 1,040 Free Footlongs
Filing 1040 tax forms is no fun. But 1,040 free footlongs? That’s a Tax Day refund Americans can get behind! With everyday costs and living expenses seemingly rising by the day, even taxpayers lucky enough to get a refund from the IRS this year may see it disappear quickly. That’s why Subway is offering Sub…
Read MoreSysco to acquire Restaurant Depot for $29.1B
The deal, involving cash and stock, will give the broadline food distribution giant a major foothold into the “cash-and-carry” business. Sysco is getting into the cash-and-carry business. The giant broadline distributor, the country’s largest provider of food and other goods to restaurants and other foodservice providers, on Monday said that it has a deal to…
Read MoreGlobal Foodservice News — April 1, 2026
Industry Spotlight Fast-growing Nothing Bundt Cakes is sold to KKR The bundt cake chain, which is approaching $1 billion in system sales, is being sold at a reported value of $2 billion. It’s a rare exit for the private-equity firm Roark Capital. Nothing Bundt Cakes, the fast-growing, Dallas-based chain that turned a niche treat…
Read MoreWhite House AI Framework Could Boost HVAC Demand as Data Center Growth Accelerates
Here’s the text with sentences wrapped into proper paragraphs: The White House released its national legislative framework on artificial intelligence, which could bolster the HVAC industry as the administration prioritizes AI and the data centers that support it. Concerns about data centers are increasing because of their effect on utility rates and the environment, prompting…
Read MoreISSA and Tork Announce the Winners of Second Annual Spotless Spaces Competition
ISSA, the Association for Cleaning and Facility Solutions, and Tork, the global leader in professional hygiene, are proud to announce the winners of the second annual Spotless Spaces Competition, This exclusive ISSA-member benefit showcases the teams that go above and beyond to create safe, healthy, and accessible environments. From sparkling floors to fresh, inviting spaces,…
Read MoreRenova strengthens its commitment to sustainable innovation at ModaLisboa with immersive installation
The company showcases its recycled textile-based paper in a space highlighting the environmental challenges of the fashion industry Renova took part in a new edition of ModaLisboa, reinforcing a long-standing partnership with the event. On this occasion, the company introduced an immersive installation featuring hundreds of suspended paper rolls, creating a dynamic and interactive environment…
Read MoreTissue Summit Brasil 2026 brings the industry together in São Paulo focused on Industry 5.0, innovation and competitiveness
The event in São Paulo combined innovation, strategy and recognition of the key players across the tissue value chain Tissue Summit Brasil 2026, one of the leading annual events for the tissue paper industry in Latin America, took place on March 23–24 in São Paulo, at the Hotel Tivoli Mofarrej, bringing together leaders, executives and…
Read More
