In this episode of HBJ On the Record, Houston Business Journal's Sean McCrory and finance reporter Chandler France sit down with Kevin Hourican, CEO of Sysco — the Houston-based food distribution giant behind the restaurants you eat at every day.
Kevin breaks down the inside story of Sysco's landmark $29.1 billion acquisition of Restaurant Depot (Jetro), the "Costco for restaurants" serving hundreds of thousands of independent mom-and-pop eateries. He explains why the deal is about saving restaurants money — not raising prices — and how combining two massive food businesses creates a coast-to-coast distribution powerhouse.
Plus: the real story behind beef inflation (hint: it has nothing to do with tariffs), why mom-and-pop restaurants are actually outperforming national chains right now, and what Sysco's data reveals about where the American consumer is truly headed.
Topics covered:
The $29.1B Restaurant Depot acquisition — how it came together and why now Cash-and-carry vs. delivery: two models, one company.
Tariffs, supply chains, and food cost reality vs. perception.
Why independent restaurants are winning over chains.
The rise of Indian food, TikTok, and "experimental eating."
How Sysco's 6,500 sales consultants help restaurants survive rising costs What Houston's food scene says about America's restaurant future.
HBJ On the Record is brought to you by the Houston Business Journal, with presenting sponsor Withum.