Micro Markets News & Media

JM Smucker lifts Q2 2023 sales, upgrades 2023 expectations

November 22, 2022

The J.M. Smucker Co., which owns Folgers, Dunkin' and other consumer brands, lifted its Q2 2023 sales and upgraded its 2023 forecasts, according to an earnings…

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Compass Group lifts 2022 sales and profits, surpasses 2019 levels

November 21, 2022

Compass Group, which owns Compass North America and Canteen Vending Services Inc. in the U.S., boosted its 2022 revenue and profit over the prior year…

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Kraft Heinz taps Diageo’s Janelle Orozco for procurement

November 21, 2022

Janelle Orozco The Kraft Heinz Co. has named Janelle Orozco to the role of chief procurement officer, North America, according to a press release.

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Finalists announced for 2022 Self-Service Innovation Awards

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The Self-Service Innovation Awards will be presented on Wednesday, Dec. 15 at 5 p.m. at the Self-Service Innovation Summit.

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Blue Diamond Growers delivers 2nd largest crop in meat pounds in 2022

November 21, 2022

Blue Diamond Growers, a grower-owned cooperative representing approximately 3,000 California almond growers, delivered its share of the California almond…

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Nestle launches cookie delivery service

November 18, 2022

Nestle has partnered with Nextbite, a delivery brand provider, to sell several of its freshly baked cookies through DoorDash, UberEats and GrubHub, according…

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Hot new vending technology: Improving operational efficiency, the customer experience

November 17, 2022

Keeping up with all the new capabilities that technology can offer vending and related services has become one of the biggest challenges for companies active…

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Dawn Foods names Hepdogan, Bruketta to executive roles

November 16, 2022

Ahmet Hepdogan Global bakery manufacturer and ingredients distributor Dawn Foods has named Ahmet Hepdogan as vice president of procurement in North…

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Convenience purchases aren’t exclusively ‘on-the-go’

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

A recent shopper survey finds consumers want convenience outlets to help them fill in gaps between supermarket trips.

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Improved weather drives down coffee prices

November 16, 2022

The price of coffee beans has fallen over the past month on account of improved weather in coffee growing regions, as well as a rising U.S. dollar, according…

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Aramark reports solid Q4 and record FY 2022 results

November 15, 2022

Aramark Corp. reported strong sales and earnings gains for Q4 and FY 2022, including record annual revenue, according to a press release.

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J&J Snack Foods boosts Q4, FY 2022 sales, earnings dip

November 15, 2022

J&J Snack Foods Corp. lifted its Q4 and full year 2022 sales, but it suffered earnings slides. Organic sales growth was driven by growth across all three…

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European Vending Association names 13 to executive committee

November 14, 2022

The European Vending Association elected a new executive committee of 13 representatives for the three-year mandate of 2022-2025 during the EVEX-VendCon…

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Tyson reports Q4, FY 2022 sales gains, mixed earnings

November 14, 2022

Tyson Foods Inc. improved its Q4 and FY 2022 sales while earnings results were mixed, according to an earnings report.

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Grupo Bimbo to build $200M Georgia production plant, create 295 jobs

November 14, 2022

Grupo Bimbo, a Mexico City-based global baking company, will invest over $200 million to build a second production facility in Valdosta, Georgia, creating 29…

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Flowers Foods reports record Q3 sales for 2022

November 11, 2022

Flowers Foods Inc., which owns the Mrs. Freshley's and Tastykake brands, reported record third quarter sales for Q3 2022, according to a press release.

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US Foods lifts Q3 2022 sales, earnings, boosted by inflation

November 11, 2022

US Foods lifted its Q3 2022 sales and earnings, boosted by food cost inflation, according to an earnings release. Highlights include:

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Utz Brands boosts Q3 2022 sales, earnings take a hit

November 11, 2022

Utz Brands Inc. lifted its Q3 2022 revenue in double digits but suffered an earnings decline partially driven by interest expense, core depreciation and…

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Gamgort reassumes CEO role at Keurig Dr Pepper following executive resignation

November 10, 2022

Ozan Dokmecioglu has resigned as CEO of Keurig Dr Pepper Inc. and will be replaced by Bob Gamgort, the company's executive chairman and former CEO, according…

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Performance Food Group lifts Q1 2023 results; inflation, volume gains boost Vistar

November 9, 2022

Performance Food Group, the parent company of Vistar, the national vending product warehouse distributor, delivered strong sales and earnings for Q1 2023 over…

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