Restaurant distributor Sysco pivoting to supply supermarkets

Company says its has $2 billion in cash on hand.

Sysco is looking to expand its distribution to the retail sector because of the collapse of the foodservice sector. — Sysco is looking to expand its distribution to the retail sector because of the collapse of the foodservice sector.Foto: Shutterstock

John Fiorillo

Sysco Foodservice Retail COVID-19

Published 23 March 2020, 12:45Updated 23 March 2020, 13:20