Wholesale model shift: Sysco is acquiring Jetro Restaurant Depot in a roughly $29 billion deal, expanding into the fast-growing cash-and-carry model serving independent businesses. The move blends delivery and on-demand purchasing, with $250 million in expected savings. The deal positions Sysco to better compete across economic cycles as customer needs and cost pressures evolve. Read more from The Wall Street Journal.
Guest speaker: Logan Burke, executive director of the Alliance for Affordable Energy, will be the guest speaker at the Press Club of Baton Rouge on Monday. Her nonprofit organization, based in New Orleans, advocates for equitable, affordable and environmentally responsible energy solutions for Louisiana. She will discuss the AAE’s activities, including protecting consumer rights and needs as giant data centers, which are enormous energy users, are being built in the state. The Press Club meets on Mondays in the ballroom at Drusilla Place Catering, with doors opening at 11:30 a.m. and the program beginning at 12:15 p.m. Learn more about the event.
Growing again: CVS Health Corp. plans to open more pharmacies than it closes in 2026, marking the end of a four-year contraction for the largest American retail pharmacy chain. CVS will open about 60 stores this year, including nearly 20 small pharmacy-only sites, spokesperson Amy Thibault says. The company will also close a few dozen locations, she says. Read the full story from Bloomberg. A subscription may be required.
