Houston-based food distribution giant pivoting in light of coronavirus crisis.
Sysco is to navigate current challenges in the “food-away-from-home” market resulting from the spread of COVID-19 and subsequent actions taken across the country to increase social distancing, it wrote in a press release.
It added that it is actively pursuing new sources of revenue by leveraging its supply chain expertise to provide services to the retail grocery sector.
In the US, it offered seafood products to foodservice operators through its Portico Bounty brand.
It acquired the British food and distribution company Brakes in 2016, which supplies food, drink as well as M & J Seafood-sourced fish to the catering industry in the UK through more than 20 distribution centres. SalmonBusiness contacted Brakes who said that it had no comment for now.
“Due to the significant impact on the food-away-from-home business, we are pivoting our business to better support the surge in demand that is being experienced in the retail grocery store setting. We are establishing new customer relationships with retail grocers to provide them with logistics services and much-needed product. We are also advocating for and supporting our customers, who are essential to our future service. I am proud of our associates for their commitment to safety and the work they are doing to serve an essential industry. I am confident Sysco will emerge a stronger company, even more, focused on being our customers’ most trusted and valued business partner” said Kevin Hourican, Sysco’s president and chief executive officer.
