Targeted Sales Leads - Retail & Restaurant Leads

Foodservice Insight | May 2011

With the first quarter of 2011 in the rearview mirror, the U.S. economy is continuing to show signs of recovery as unemployment rates creep downward and consumers return to the marketplace. Reflecting glimmers of optimism, the National Restaurant Association projects record-setting sales of $604 billion this year, up 4.1% over the previous year. The NRA also expects the total number of eating places to rise to 960,000, after remaining stable at 945,000 over the most recent two years. < csg
Source: Chain Store Guide

SYSCO Corporation remains the undisputed leader in the industry, with a footprint that takes up 36% of the sales volume among the top 10 U.S. distributors and 26% of the market share among the top 100.

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Source: Chain Store Guide

SYSCO recently released its third quarter results, and they reflect a 9.1% increase over the same period last year and a 7.6% increase for the year-to-date time frame. While the company continues to invest in technology and facility maintenance and expansion, it also is open to and actively pursuing several small acquisitions, a strategy that has helped it become the 600-pound gorilla. However, the company also noted the higher costs that everyone in the food industry is facing and the difficulty of maintaining the balance between absorbing and passing along the increased prices.

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