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" ... At Electrolux AB, the Professional Food Service Group had eleven brands in 1998. The Professional Food Service Group sells to chefs and institutions such as hotels, assisted living facilities, government cafeterias, cruise ships, and other business-to-business operations. Most of Electrolux Professional Food Service Group sales were appliances with long repurchase spans. Some of these eleven brands made one item, such as a professional food processor or were manufactured and sold only in a single country. The Group’s operating profit was a dismal -1.3%. The three dominant brands in the Professional Food Service Group, Electrolux Professional, Zanussi Professional, and Molteni, accounted for 67% of sales. The remaining third belonged to small local/regional brands that barely broke even. After eliminating eight small, regional, non-scalable brands, within a year of rationalization the big three big brands grew to over 97% of sales, and the Professional Food Service Group profitable again. ... "
" ... COVID-19 has, of course, minimized the amount of meals Americans are eating in restaurants, school and work cafeterias, as well as other institutions like senior living centers. At the same time, the grocery sector (a key donor to Feeding America) has seen sales increase 80-100% year-over-year due to the virus. ... "
" ... Its Raised & Rooted line, which is in 10,000 U.S. grocery stores, will soon be sold across European restaurants, hotels and cafeterias. ... "
" ... Walmart, with its stream of customers, is one possibility, although Blendid, Jain said, is also looking at colleges, cafeterias and airports going forward. The Dixon, Calif. Walmart is open from 10 a.m. to 7 p.m. ... "
" ... “To have the $18 million raised is an enormous milestone for us. What it really sets us up for is our intent, which is to disrupt a $9 billion market,” New Wave CEO Mary McGovern said. It is starting with the food service space, with plans to debut in cafeterias and restaurants this year. ... "