Sysco’s market dominance means that something essential is being lost. As local businesses fade away, a sense of a distinct regional and local identity disappears with them. Ad Policy A Sysco Corp.

On March 30, Sysco SYY announced its acquisition of privately held Jetro Restaurant Depot, the largest US cash-and-carry food distributor, for $29.1 billion, based on Sysco’s pre-announcement share ...

Sysco Expands Into High-Margin Restaurant Segment With $29 Billion Deal NEW YORK (AP) — Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than ...

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 ...

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 ...

Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29 billion deal, including debt, expanding the top U.S. food distributor's reach among price-conscious independent ...

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Editor’s note: “Behind the News” is the product of Sun staff assisted by the Sun’s AI lab, which includes a variety of tools such as Anthropic’s Claude, Perplexity AI, Google Gemini and ChatGPT. Sysco ...