Sysco’s $29 Billion Power Grab: What The Jetro Restaurant Depot Deal Means For Main Street Menus [Forbes]
CECONOMY AG UNSP/ADR (MTTRY)
NASDAQ:AMEX Investor Relations:
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Source: Forbes
itself, raising urgent questions about pricing power, supply chains, and whether one more point on food costs will squeeze what's left of mom-and-pop restaurant margins. Sysco's move to buy Jetro Restaurant Depot for $29.1 billion is a structural shift that could reorder how a quarter-million independent restaurants source their food - and if regulators let it stand largely as proposed, it will reshape how those operators buy everything from chicken wings to to-go containers for the next decade. What Sysco Is Buying Sysco is already the country's largest foodservice distributor, with a national broadline delivery network that serves chains, independents, healthcare, education, and hospitality. Jetro Restaurant Depot, with 166 warehouse locations in 35 states, brings a very different model: a “wholesale cash-and-carry” warehouse club where foodservice operators drive in, load their own carts, pay at the register, and take product back to their kitchens. In return, they get very s
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