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Square Joins US Foods® CHECK® Business Tools Program to Help Restaurants Save Time and Money Through Powerful Technology

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Square has announced a collaboration with US Foods, a leading foodservice distributor in the United States. This partnership will make Square's software and hardware solutions available to US Foods' thousands of customers through their CHECK Business Tools program. The collaboration aims to help restaurants streamline operations, save time, and reduce costs by providing access to Square's integrated front- and back-of-house tools.

Square's Head of Food and Beverage, Ming-Tai Huh, emphasized the company's commitment to empowering restaurants with tools to drive operational efficiency. Adam Stinn, Director of Business Solutions at US Foods, expressed confidence in Square's offerings to help modernize restaurant operations. This partnership follows Square's recent product announcements, including Square Kiosk and other new partnerships.

Square ha annunciato una collaborazione con US Foods, un importante distributore di servizi alimentari negli Stati Uniti. Questa partnership renderà disponibili le soluzioni software e hardware di Square ai migliaia di clienti di US Foods attraverso il loro programma CHECK Business Tools. La collaborazione mira a aiutare i ristoranti a semplificare le operazioni, risparmiare tempo e ridurre i costi fornendo accesso agli strumenti integrati di front- e back-of-house di Square.

Ming-Tai Huh, responsabile Food and Beverage di Square, ha sottolineato l'impegno dell'azienda nell'empowerment dei ristoranti con strumenti per migliorare l'efficienza operativa. Adam Stinn, direttore delle soluzioni aziendali di US Foods, ha espresso fiducia nelle offerte di Square per aiutare a modernizzare le operazioni dei ristoranti. Questa partnership segue gli annunci recenti di prodotti da parte di Square, tra cui il Kiosk di Square e altre nuove collaborazioni.

Square ha anunciado una colaboración con US Foods, un importante distribuidor de servicios de alimentación en los Estados Unidos. Esta asociación hará que las soluciones de software y hardware de Square estén disponibles para los miles de clientes de US Foods a través de su programa CHECK Business Tools. La colaboración tiene como objetivo ayudar a los restaurantes a optimizar sus operaciones, ahorrar tiempo y reducir costos al proporcionar acceso a las herramientas integradas de front- y back-of-house de Square.

Ming-Tai Huh, jefe de Alimentos y Bebidas de Square, enfatizó el compromiso de la empresa por empoderar a los restaurantes con herramientas para aumentar la eficiencia operativa. Adam Stinn, director de Soluciones Empresariales de US Foods, expresó confianza en las ofertas de Square para ayudar a modernizar las operaciones de los restaurantes. Esta asociación sigue a los recientes anuncios de productos de Square, incluido el Kiosk de Square y otras nuevas colaboraciones.

Square는 미국의 주요 음식 서비스 유통업체인 US Foods와의 협업을 발표했습니다. 이 파트너십을 통해 Square의 소프트웨어 및 하드웨어 솔루션이 US Foods의 수천 명의 고객에게 CHECK Business Tools 프로그램을 통해 제공될 예정입니다. 이 협업의 목표는 레스토랑이 운영을 간소화하고, 시간을 절약하며, 비용을 절감하는 데 도움을 주는 것입니다. Square의 통합된 프론트 및 백 오브 하우스 도구에 대한 접근을 제공합니다.

Square의 식음료 책임자인 Ming-Tai Huh는 레스토랑의 운영 효율성을 높일 수 있는 도구로 레스토랑을 지원하겠다는 회사의 의지를 강조했습니다. US Foods의 비즈니스 솔루션 디렉터인 Adam Stinn은 Square의 제품이 레스토랑 운영을 현대화하는 데 도울 것이라는 확신을 표현했습니다. 이 파트너십은 Square의 최근 제품 발표, включая Square Kiosk 및 기타 새로운 파트너십에 뒤이은 것입니다.

Square a annoncé une collaboration avec US Foods, un distributeur de services alimentaires de premier plan aux États-Unis. Ce partenariat rendra les solutions logicielles et matérielles de Square disponibles pour les milliers de clients de US Foods grâce à leur programme CHECK Business Tools. La collaboration vise à aider les restaurants à simplifier leurs opérations, gagner du temps et réduire les coûts en fournissant un accès aux outils intégrés de front et back-of-house de Square.

Ming-Tai Huh, responsable des Aliments et Boissons chez Square, a souligné l'engagement de l'entreprise à autonomiser les restaurants avec des outils pour améliorer l'efficacité opérationnelle. Adam Stinn, directeur des Solutions Commerciales chez US Foods, a exprimé sa confiance dans les offres de Square pour aider à moderniser les opérations des restaurants. Ce partenariat fait suite aux récentes annonces de produits de Square, y compris le Kiosk de Square et d'autres nouveaux partenariats.

Square hat eine Zusammenarbeit mit US Foods angekündigt, einem führenden Lebensmittelvertriebsunternehmen in den Vereinigten Staaten. Diese Partnerschaft wird die Software- und Hardwarelösungen von Square den tausenden von Kunden von US Foods über ihr CHECK Business Tools-Programm zugänglich machen. Die Zusammenarbeit zielt darauf ab, Restaurants dabei zu unterstützen, ihre Abläufe zu optimieren, Zeit zu sparen und Kosten zu senken, indem sie Zugriff auf Squares integrierte Front- und Back-of-House-Tools erhalten.

Ming-Tai Huh, Leiter Food and Beverage bei Square, betonte das Engagement des Unternehmens, Restaurants mit Tools zur Steigerung der Betriebseffizienz auszustatten. Adam Stinn, Direktor für Geschäftslösungen bei US Foods, äußerte Vertrauen in die Angebote von Square, die helfen werden, die Betriebsabläufe in Restaurants zu modernisieren. Diese Partnerschaft folgt auf die jüngsten Produktankündigungen von Square, einschließlich des Square Kiosk und weiterer neuer Partnerschaften.

Positive
  • Collaboration with US Foods expands Square's reach to thousands of potential new customers
  • Inclusion in US Foods' CHECK Business Tools program increases visibility and credibility for Square's solutions
  • Partnership aligns with Square's strategy to grow in the food and beverage industry
Negative
  • None.

Square's collaboration with US Foods marks a significant strategic move in the restaurant technology sector. This partnership has the potential to substantially expand Square's market reach, tapping into US Foods' extensive customer base of thousands of restaurants across the United States. The integration of Square's technology into US Foods' CHECK Business Tools program could drive increased adoption of Square's products, potentially boosting the company's revenue in the food and beverage sector.

From a financial perspective, this partnership could lead to:

  • Increased revenue streams for Square through wider adoption of its software and hardware solutions
  • Potential for higher customer acquisition rates at lower costs, leveraging US Foods' existing relationships
  • Enhanced competitive positioning against other restaurant technology providers

However, it's important to note that the financial impact may take time to materialize, as adoption rates and the specific terms of the partnership are not disclosed. Investors should monitor future earnings reports for indicators of growth in Square's food and beverage segment as a result of this collaboration.

This partnership between Square and US Foods represents a strategic alignment of two major players in the restaurant industry ecosystem. US Foods, as a leading foodservice distributor, has a vast network of restaurant clients who are prime candidates for Square's technology solutions. This collaboration could significantly alter the competitive landscape in restaurant technology.

Key market implications include:

  • Potential for Square to gain substantial market share in the restaurant POS and management software segment
  • Increased pressure on competing restaurant technology providers to form similar partnerships or risk losing ground
  • Acceleration of technology adoption in the restaurant industry, particularly among small to medium-sized establishments

The partnership also reflects a broader trend of convergence between traditional foodservice providers and technology companies. This synergy could lead to more integrated, efficient solutions for restaurants, potentially reshaping industry standards and customer expectations. As the foodservice industry continues to evolve, we may see more such collaborations aimed at providing comprehensive solutions to address the complex challenges faced by restaurant operators.

Square’s collaboration with leading foodservice distributor will equip more restaurants with the tools they need to streamline and grow their businesses

OAKLAND, Calif.--(BUSINESS WIRE)-- Today, Square announced a new collaboration with US Foods, a leading foodservice distributor in the United States. For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations. As the foodservice industry evolves and competitive pressures increase, this collaboration with US Foods will accelerate restaurants’ ability to adopt Square’s truly differentiated technology designed to help them grow and succeed.

A long time trusted partner for restaurants’ food distribution needs, US Foods also provides its customers with leading technology solutions through its CHECK Business Tools program. Now, as a CHECK program provider, Square’s software and hardware solutions for food and beverage businesses will be promoted and available to US Foods’ thousands of customers across the United States.

“Restaurant operators today are tasked with navigating numerous operational challenges, from labor management to growing sales and managing cash flow,” said Ming-Tai Huh, Head of Food and Beverage at Square. “US Foods shares our commitment to empowering restaurants with the tools and services they need to drive operational efficiency and find success. We’re confident we can bring Square’s comprehensive, easy-to-use, and time-saving suite of solutions to more and more restaurants. Together, we will help restaurants succeed, whether in the kitchen, dining room, or through digital channels.”

“Square’s software and hardware offerings for restaurants are powerful, and we believe they’ll help our customers modernize operations,” said Adam Stinn, Director, Business Solutions at US Foods. “We pride ourselves on ensuring our customers have access to innovative technology, and with Square’s integrated front- and back-of-house tools now part of our CHECK Business Tools program, we’re helping more restaurants lessen the complexity of their operations.”

This news comes on the heels of major product and business momentum from Square, having just announced Square Kiosk and other new partners earlier in the year. To learn more about Square’s latest offerings for restaurants, visit our website.

About Square

Square makes commerce and financial services easy and accessible with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. For more information, visit www.squareup.com.

About US Foods

With a promise to help its customers Make It, US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 250,000 restaurants and foodservice operators to help their businesses succeed. With more than 70 broadline locations and approximately 90 cash and carry stores, US Foods and its 30,000 associates provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. US Foods is headquartered in Rosemont, Ill. Visit www.usfoods.com to learn more.

press@squareup.com

Source: Block, Inc.

FAQ

What is the new collaboration between Square (SQ) and US Foods?

Square (SQ) has partnered with US Foods to offer its software and hardware solutions through US Foods' CHECK Business Tools program, making Square's technology available to thousands of US Foods' restaurant customers across the United States.

How will the Square (SQ) and US Foods partnership benefit restaurants?

The collaboration aims to help restaurants save time and money by providing access to Square's integrated front- and back-of-house tools, which can streamline operations, manage labor, grow sales, and improve cash flow management.

What recent product announcements has Square (SQ) made for the restaurant industry?

Square (SQ) recently announced the launch of Square Kiosk and other new partnerships earlier in the year, demonstrating continued product and business momentum in the restaurant technology sector.

Block, Inc.

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