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Micro Markets News & Media

Automated ordering tech firm CoolR Group raises $10M

October 14, 2022

CoolR Group, a provider of automated ordering for brands using AI-based image recognition, has announced a $10 million round led by long-term VC investor First…

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Ruiz Food Products acquires Culinary International

October 14, 2022

Ruiz Food Products Inc., a frozen food manufacturer specializing in Mexican food products, has acquired the assets of Culinary International LLC, a contract…

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Sodexo acquires senior living purchasing organization

October 13, 2022

Entegra, Sodexo's global procurement subsidiary, has acquired Beacon Purchasing, a group purchasing organization for senior living facilities based in San Juan…

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Hormel’s Scott Aakre to oversee new innovation center

October 13, 2022

Scott Aakre Hormel Foods Corp. has named Scott Aakre as senior vice president of Brand Fuel, the company's new center focused on consumer insights…

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Blue Diamond Growers’ Mark Jansen to step down

October 13, 2022

Mark Jansen Mark Jansen, president and CEO of Blue Diamond Growers, will step down from the role he has held with the agricultural cooperative and…

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PepsiCo lifts Q3 2022 results, raises revenue expectations

October 12, 2022

PepsiCo Inc. raised its 2022 organic revenue expectations after its Q3 2022 results surpassed expectations, according to an earnings release. Highlights…

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Convenience retail tech on the move, blurs merchant distinctions

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Cashierless and contactless unattended retail technology has fostered retail formats such as 'smart stores,' blurring distinctions between traditional venues…

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Amazon tech powering Crypto.com Arena grab-and-go stores

October 12, 2022

Amazon's Just Walk Out technology is in play at two grab-and-go stores in the Crypto.com Arena in downtown Los Angeles.

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Bang Energy parent firm seeks Chapter 11 bankruptcy protection

October 11, 2022

Vital Pharmaceuticals Inc., the maker of Bang energy drinks and other products, has filed petitions for protection under Chapter 11 of the bankruptcy code in…

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Aramark to introduce self-order, self-checkout at 7 sports arenas

October 11, 2022

Aramark Sports + Entertainment, the foodservice provider at seven National Hockey League and National Basketball Association arenas, will introduce self-order…

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US Foods introduces e-commerce app for foodservice orders

October 11, 2022

US Foods Holding Corp. has introduced its Making Operator Xperiences Easy, an all-in-one e-commerce application that can be used across desktop, tablet and…

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JJ Foodservice to install solar panels on branch facilities

October 11, 2022

JJ Foodservice, based in Innova Park, U.K., will invest more than 2 million pounds ($2.213 million) to install solar panels on the roofs of nine U.K. branches…

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Five Star Food Service names regional vice presidents

October 10, 2022

James Fargo Five Star Food Service Inc. has expanded its leadership team with the hires of regional vice presidents James Fargo and Greg Lucia…

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PepsiCo to receive Tesla commercial EV trucks in December

October 7, 2022

PepsiCo Inc. will receive Tesla commercial electric trucks on Dec. 1, according to a tweet from Tesla CEO Elon Musk Thursday, Reuters reported.

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Pod Pack International acquires Joe’s Garage Coffee

October 7, 2022

Pod Pack International, a portfolio company of LongueVue Capital and a manufacturer of single-serve coffee and tea solutions, has acquired Joe's Garage Coffee…

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Coffee, sugar, milk prices surge in Europe

October 7, 2022

Coffee prices in Europe Union countries spiked 16.9% on average in August over the 2021 price, along with sugar and milk, according to data from Eurostat, the…

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Conagra Brands lifts Q1 2023 sales, income slides

October 6, 2022

Conagra Brands Inc. lifted its Q1 2023 sales over the prior year period but suffered an income decline, according to an earnings report. Highlights include:

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Self-checkout on the move in convenience retail

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

A large and a small convenience retailer share insights on successful self-checkout deployment.

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B&G Foods names Andrew Vogel executive VP

October 4, 2022

Andrew Vogel B&G Foods Inc. has named Andrew Vogel as executive vice president and president of meals, reporting directly to Casey Keller…

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How to best handle customer complaints

Customer complaints are part of every foodservice operation and how operators handle them is critical given the immediate impact of social media and the quest…

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