Sysco's bid to buy a rival food distributor will hurt independent restaurants and kill diversity on the local dining scene. Sysco trucks are seen at a facility in Houston in 2018. The announcement ...

It’s a tale as old as time: A big company acquires another similarly big company, thus creating limited choices for consumers. In today’s go-round, the two companies in question are major food ...

Sysco (SYY) saw its price target slashed to $77 from $83 by Piper Sandler following the company’s announced $29.1 billion acquisition of Restaurant Depot, with the analyst citing concerns over the ...

Add Yahoo as a preferred source to see more of our stories on Google. Agriculture and food antitrust expert Austin Frerick discusses Sysco's $29 billion deal to buy Restaurant Depot and what it could ...

A reclusive mogul stands to pocket as much as $22 billion from the deal, landing him a spot as one of the world’s 200 richest people. Reclusive 94-year-old billionaire Nathan Kirsh (known as Natie) ...

The four Lubrano brothers who own Piccola Bussola Ristorante in Huntington and La Bussola in Glen Cove make multiple trips weekly to Restaurant Depot in Farmingdale to buy a host of goods, such as ...

In this episode of Quick Bites, Nation's Restaurant News editor-in-chief Sam Oches and Restaurant Business editor-in-chief Jonathan Maze dive into three major stories shaking up the restaurant ...

Deal almost certain to face challenges from the FTC which blocked another big swing by Sysco a decade ago. Sysco Corp. announced on March 30, 2026, that it has entered into a definitive agreement to ...

Sysco is rated a Buy after a sharp price drop following its $29B acquisition of Restaurant Depot. The acquisition is highly dilutive short-term (18% share increase) and raises leverage to 4.5x, but it ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Local operators who have come to ...

Forbes contributors publish independent expert analyses and insights. Phil Lempert covers breaking news and trends in food and retail. Small independents once used Jetro Restaurant Depot to keep the ...

Jetro Restaurant Depot’s leadership team is expected to remain in place under Richard Kirschner The transaction is expected to close by the third quarter of Sysco’s fiscal 2027 Jetro was founded in ...