Sysco CEO: Pivoting support to help US retail grocers keep shelves in stock
Food distribution giant Sysco said it is now leveraging its supply chain expertise to provide services to the retail grocery sector, as part of its strategy to counter the fallout of the collapse of the US restaurant sector because of the Cornavirus.
“This net new business will help offset some of the declines in the food-away-from-home segment, and also positions the company well to capitalize on growth opportunities after the COVID-19 crisis subside”
Sysco CEO Kevin Hourican discusses how his company is changing in the wake of the coronavirus outbreak.
Source Video: Foxbusiness.com - Mar. 24, 2020.
