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Micro Markets News & Media

JM Smucker boosts Q4, FY sales, suffers earnings losses

June 9, 2023

J.M. Smucker Co., maker of Folgers coffee, Jif peanut butter and Milk-Bone dog treats, lifted its Q4 and FY 2023 sales, partly driven by price increases, but…

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Performance Food Group to deploy fuel cell EVs for deliveries

June 9, 2023

Performance Food Group Inc., which owns Vistar, a national convenience services wholesale distributor, will be delivering product in fuel cell electric…

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TreeHouse Foods to buy Farmer Brothers’ direct ship business for $100M

June 8, 2023

TreeHouse Foods Inc., a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois, has…

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UNFI lifts Q3 2023 sales on inflation, suffers earnings decline

June 7, 2023

United Natural Foods Inc. lifted its Q3 2023 sales on inflation and new business while earnings declined due to lower margins and a challenging macroeconomic…

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Campbell Soup lifts Q3 sales on price inflation, earnings fall

June 7, 2023

Campbell Soup Co. lifted its Q3 2023 sales boosted by price inflation while earnings fell due to higher expenses, according to an earnings report.

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El Niño drives concern about higher robusta prices

June 6, 2023

El Niño, a weather phenomenon that delivers dry and hot conditions to the eastern and central Pacific Ocean, is causing concerns about higher robusta coffee…

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NAMA urges Congress to pass bill to fight converter theft

June 5, 2023

The National Automatic Merchandising Association joined a coalition of trade associations in a letter to support a proposed federal law to battle rising…

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European vending association report explores consumer preferences

June 2, 2023

Quality, safety and affordability are the main drivers of European consumer purchases from vending machines, according to a newly completed report from the…

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Rhode Island seeks to ban polystyrene items in foodservice

June 2, 2023

Rhode Island lawmakers moved to ban to-go foam boxes and plastic cocktail stirrers Thursday, according to a report in The Providence Journal. The state senate…

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365 Retail Markets intros countertop kiosk

June 2, 2023

365 Retail Markets, a provider of unattended retail technology, launched its latest kiosk, the MM6 for Markets, a countertop kiosk with a 22-inch touchscreen…

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Ben E Keith Foods buys Orrell’s Food Service

June 2, 2023

Ben E. Keith Foods has acquired Orrell's Food Service Inc., including its 106,000-square-foot distribution center in Linwood, North Carolina, as well as JEM…

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Gordon Food Service expands to Texas

June 2, 2023

Gordon Food Service, a privately held foodservice distributor with operations in the U.S. and Canada, will open six stores in the greater Houston area to serve…

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Hormel Foods suffers Q2 2023 sales, earnings dip

June 1, 2023

Hormel Foods Corp. suffered Q2 2023 sales and earnings declines against the prior year period, with retail, foodservice and international segments posting…

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Coffee consumption set to continue post pandemic trajectory

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Coffee consumption will continue to improve for the second straight year following the pandemic. Production was hampered in 2021/2022 by meteorological…

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Golden State Foods names Brian Dick president/COO

May 31, 2023

Brian Dick Golden State Foods, an Irvine, California-based foodservice distributor, has promoted Brian Dick from corporate executive vice president…

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Nestlé names new CFO

May 30, 2023

Anna Manz Nestlé S.A. has named Anna Manz, a member of the board for the London Stock Exchange Group, as CFO, according to a press release. She…

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Diebold Nixdorf teams with WMF on self-service coffee for Brazil retailers

May 30, 2023

Diebold Nixdorf Inc. has teamed with WMF Professional Coffee Machines, a German supplier of coffee machines for commercial use, to offer self-service coffee…

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Flagstone Foods acquires Campbell Soup’s Emerald nuts business

May 30, 2023

Flagstone Foods, a manufacturer and distributor of private label healthy snacks in North America, has acquired the Emerald nuts business from Campbell Soup…

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Facial recognition and customer loyalty: The new reality

Facial verification using facial recognition can play a role for customer loyalty programs. By identifying and verifying customers, it can enhance the customer…

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Compass Group to acquire Ireland education foodservice firm

May 26, 2023

Compass Ireland plans to acquire Glanmore Foods, expanding its footprint in education foodservice, for an undisclosed sum, according to a Compass Ireland blog.

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