Micro Markets News & Media
Performance Food Group reports solid Q4, FY 2023 results
August 16, 2023
Performance Food Group, which owns Vistar Corp., the nationwide vending product warehouse distributor, lifted its Q4 and FY 2023 results boosted by price…
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Bridgford Foods to expand North Carolina facility
August 15, 2023
Bridgford Foods Corp., a manufacturer of shelf stable sandwich items and meats that serves the convenience services industry, will invest $2.09 million to…
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NAMA names Bill Meierling SVP/external affairs
August 15, 2023
The National Automatic Merchandising Association has named veteran public affairs leader Bill Meierling as its senior vice president of external affairs…
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Industry loses Aramark's John Orobono
August 14, 2023
John Orobono John Orobono, a longtime Aramark executive, passed away at his home, according to a report in The Philadelphia Inquirer. He was 72 and…
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Kraft Heinz names Carlos Abrams-Rivera CEO
August 14, 2023
The Kraft Heinz Co. has named Carlos Abrams-Rivera as chief executive officer and a member of the board, effective Jan. 1, 2024. Until then, Abrams-Rivera will…
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Illinois to clamp down on single-use plastics
August 14, 2023
Illinois Governor J. B. Pritzker has signed a law requiring state agencies to reduce the use of single-use plastics by 50% on or before 2031 and by 75% on or…
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Flowers Foods reports record Q2 2023 results
August 11, 2023
Flowers Foods Inc., which owns the Mrs. Freshley's, Tastykake, Nature's Own and other consumer brands, reported record Q2 sales for 2023 against the prior…
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Smart Soda Holdings teams with Consolidated Services Group on hydration solution
August 11, 2023
Smart Soda Holdings Inc., a provider of wellness beverage technology, has teamed with Consolidated Services Group, a foodservice coffee trader serving…
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Coffee Equipment Pros launches roasting equipment marketplace
August 11, 2023
Coffee Equipment Pros recently launched of a marketplace catering to the needs of coffee roasting professionals, according to a press release. The platform…
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Utz Brands reports mixed Q2 2023 results, beats expectations
August 10, 2023
Utz Brands Inc. lifted its Q2 2023 sales but suffered an earnings dip, according to an earnings release, but surpassed analyst expectations. Highlights include:
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US Foods lifts Q2 2023 sales, earnings
August 10, 2023
US Foods Inc. lifted its sales and income for Q2 2023 against the prior year's quarter, according to an earnings report. Highlights include:
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Westrock Coffee reports mixed Q2 2023 results
August 10, 2023
Westrock Coffee Co., a coffee provider to the retail, foodservice, convenience store, travel center and hospitality industries, reported a sales gain and an…
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Tech 2 Success taps Vagabond's Juan Jorquera
August 10, 2023
Juan Jorquera Tech 2 Success, an IT solutions provider in North America, has named Juan Jorquera business development manager. He joins the Tech …
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Jones Soda reduces Q2 2023 loss against revenue decline
August 10, 2023
Jones Soda Co. was able to improve its Q2 2023 loss over the prior year period despite a revenue decline, according to an earnings report. Highlights include:
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Tech24 acquires Pronto Repairs
August 9, 2023
Tech24, a national provider of commercial foodservice equipment repair and maintenance, has acquired Pronto Repairs, a provider of foodservice and commercial…
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Aramark delivers strong Q3 2023 results, beats expectations
August 8, 2023
Aramark Corp. delivered sales and earnings gains for Q2 2023 against the prior year period, driven in part by pricing action and new business growth, according…
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Coca-Cola India names VP/HR for Asia Pacific
August 8, 2023
Irene Tan Coca-Cola India has promoted Irene Tan from talent and development director for Asia Pacific to vice president, human resources for India…
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Campbell Soup to acquire Sovos Brands for $2.7B
August 8, 2023
Campbell Soup Co. has agreed to acquire Sovos Brands Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion…
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Five Star Food Service acquires Indiana company’s vending assets
August 7, 2023
Five Star Food Service Inc., A Canteen franchise headquartered in Chattanooga, Tennessee, has acquired the vending assets of Millstone Catering Group in North…
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Tyson reports Q3 2023 sales and earnings fall, will close 4 plants
August 7, 2023
Tyson Foods Inc. reported negative results for Q3 2023 against the prior year quarter and announced the closing of four chicken facilities, according to an…
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