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Coronavirus

Sysco looks to retail after coronavirus decimates US restaurant sales

The firm is also 'taking aggressive action to further strengthen liquidity' by reducing variable expenses in response to reduced customer demand and aligning inventory to current sales trends

By Undercurrent News | March 23, 2020 10:09 GMT
Credit: JHVEPhoto/Shutterstock.com
Credit: JHVEPhoto/Shutterstock.com
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US foodservice giant Sysco Corporation has announced several measures in response to the global coronavirus pandemic, including shifting its business to cater to the retail grocery sector [...]

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