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Sysco Eliminates Minimum Delivery Requirements and Offers Value-Added Services to Support Restaurant Industry

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Sysco Corporation (NYSE: SYY) has announced the elimination of minimum delivery size requirements for its customers, effective November 16, 2020, as part of its Restaurants Rising campaign. This initiative aims to enhance operational flexibility for restaurants, especially independent operators affected by fluctuating demand and COVID-19 restrictions. Sysco also offers various support services, including free marketing tools, discounts on essential services, and fast onboarding for new customers, all designed to help restaurants thrive in a challenging market.

Positive
  • Elimination of minimum delivery size requirements enhances operational flexibility for customers.
  • Support services like free marketing tools and discounts help restaurants manage costs.
  • Fast onboarding for new customers allows them to benefit from Sysco's services quickly.
Negative
  • None.

Restaurants Rising campaign makes it easier for restaurants to succeed and strengthen their business for the future

HOUSTON, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today it will eliminate minimum delivery size requirements for customers’ regularly scheduled delivery days as part of the company’s Restaurants Rising campaign. This change is effective on Nov. 16 for all U.S. Broadline, FreshPoint, Buckhead Meat and Newport Meat customers.

Removing minimum delivery requirements is yet another way Sysco is leading the industry in supporting the success of restaurants, providing operators significant added flexibility in managing their business and making it easier to get what they need, when they need it. This change, while applicable to both large and small customers, is especially helpful to independent restaurant operators planning for potential changes in demand and COVID-19 restrictions during the winter months ahead.

“No other distributor is doing more than Sysco to help the restaurant industry succeed,” said Kevin Hourican, Sysco’s president and chief executive officer. “Eliminating minimum delivery requirements is our latest offering to show our customers that Sysco is on a mission to make it easier to do business with us. Combined with our value-added services and world-class sales team, we are helping restaurants – especially smaller, independent businesses -- stay in business, better run their business, and evolve their business to drive increased traffic, now and in a post-pandemic world.”

In addition to the elimination of order minimums, Sysco’s value-added services and strategic partnership discounts are available for current and new customers, including:

  • FREE Restaurant Marketing Tools. Restaurants need to promote their business more than ever before. Our team can produce marketing solutions such as banners and posters that can be printed locally.
  • DISCOUNTS on solutions and services customers need right now. Sysco’s partners offer special discounts for important services restaurant operators need, such as delivery, mobile ordering and menu services.
  • FREE Sysco Foodie Solutions. Sysco has the expertise to help operators resolve business issues and generate new revenues. Sysco’s Foodie Solutions Toolkits offer a curated collection of the best industry practices, easy-to-use templates and exclusive, chef-tested products.
  • EASY Credit Card Payment. This option provides convenience for both existing and new customers.
  • FAST Onboarding for new customers. New customers can onboard in less than 24 hours and begin to benefit from the powerful suite of services, tools and solutions Sysco offers.

For more information, current and prospective customers can contact their Sysco Sales Consultant or visit Sysco.com/rising to get started.

About Sysco
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 57,000 associates, the company operates 326 distribution facilities worldwide and serves more than 625,000 customer locations. For fiscal 2020 that ended June 27, 2020, the company generated sales of more than $52 billion. Information about our CSR program, including Sysco’s 2019 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2020report.

For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. Investors should also follow us at www.twitter.com/SyscoStock and download the Sysco IR App, available on the iTunes App Store and the Google Play Market. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information. 

For more information contact:

Shannon Mutschler
Media Contact
Mutschler.Shannon@corp.sysco.com
T 281-584-4059

A video accompanying this release is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/ab2d3b9c-29b2-4bcb-a4ff-9d068cf4378b

FAQ

What is the new delivery policy announced by Sysco Corporation?

Sysco has eliminated minimum delivery size requirements for scheduled deliveries effective November 16, 2020.

How does Sysco support independent restaurants through its new campaign?

Sysco's Restaurants Rising campaign offers flexible delivery options, free marketing tools, and discounts on essential services.

When did Sysco announce the elimination of minimum delivery requirements?

Sysco announced this change on November 12, 2020.

What is Sysco's stock symbol?

Sysco's stock symbol is SYY.

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