ID News--Purchase Pro now 'shell'

PurchasePro, Las Vegas, once considered a top provider of B2B e-commerce solutions for the hospitality industry, has filed for bankruptcy protection and is being sold to Perfect Commerce, Palo Alto, CA, a provider of supply management software and services. This should make life easier for foodservice distributors that previously had to integrate and interface with PurchasePro in order to service customers, according to an observer.

PurchasePro will still exist as a "shell" through bankruptcy court, says Kevin Surace, ceo of Perfect Commerce; however, the Perfect Commerce name will be used.

Not long ago, the now-troubled B2B had named Networld Exchange a preferred supplier of integration technology. Networld, which had served such foodservice distributor giants as Alliant Foodservice (now part of U.S. Foodservice), and Pocahontas Foods USA, itself liquidated in March.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Leadership

Meet the restaurant fixer who now owns Etta

Tech entrepreneur Johann Moonesinghe suddenly finds himself leading a growing group of restaurants. His secret? He doesn't expect to make a profit.

Financing

Looking for the next Chipotle? These 3 chains are already there

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Trending

More from our partners