Food and Staples Retailing
Company Overview of US Foods, Inc.
US Foods, Inc. operates as a foodservice distributor in the United States. The company offers an array of fresh, frozen and dry food, and non-food products with approximately 350,000 stock-keeping units. Its principal product categories include meats and seafood; dry grocery products; refrigerated and frozen grocery products; equipment, disposables, and supplies; dairy; produce; and beverage products. The company primarily serves independently owned, single, and multi-location restaurants; regional concepts; national chains; hospitals; nursing homes; hotels and motels; country clubs; fitness centers; government and military organizations; colleges and universities; and retail locations. The ...
9399 West Higgins Road
Rosemont, IL 60018
Founded in 1853
Key Executives for US Foods, Inc.
Chief Executive Officer, President and Director
Chief Financial Officer and Director
Baltimore Division President
Division President of U.S. Foodservice-Los Angeles
Compensation as of Fiscal Year 2014.
US Foods, Inc. Key Developments
U.S. Foods Lexington Wins $61.5 Million Federal Contract Award
Feb 20 15
U.S. Foods Lexington, Lexington, South Carolina, was awarded a $61.5 million federal contract by the Defense Logistics Agency Troop Support, Philadelphia, for prime vendor food and beverage support in the South Carolina area for the U.S. Army, U.S. Navy, U.S. Air Force, U.S. Marine Corps and federal civilian agencies.
FTC To Reportedly Block Sysco-US Foods Merger
Feb 11 15
Federal Trade Commission (FTC) is leaning toward suing to block the acquisition of US Foods, Inc. by Sysco Corporation (NYSE:SYY), the New York Post has learned. Sysco claims the merger will lower its costs allowing it to drop prices. “My impression is they are going to file a suit,” said a direct source who would like to see the merger approved. Regulators are set to vote in the afternoon on the controversial $3.5 billion merger. Sysco declined to comment for this story, as did the FTC.
District Court Approves Hunton’s $297 Million Class Action Settlement for USF
Dec 10 14
On December 9, 2014, U.S. District Judge Alvin W. Thompson granted final approval of a $297 million settlement between plaintiffs in a multidistrict class action and defendant U.S. Foodservice, Inc. and its former Dutch parent company, Koninklijke Ahold, N.V. This agreement is believed to be one of the large civil RICO class action settlements in recent history and was reached on behalf of a class of customers, primarily hospitals, restaurant operators, universities and other food service providers, who purchased products from U.S. Foodservice under cost-plus arrangements between 1998 and 2005. The class claimed that it was defrauded by U.S. Foodservice when it created six companies that it controlled to inflate the 'cost component' of the products that were subject to the arrangement. The parties entered into settlement talks when the United States Supreme Court declined to review a federal appeals court opinion affirming certification of a nationwide class of plaintiffs for RICO and breach of contract violations against U.S. Foodservice.
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