Micro Markets News & Media
PepsiCo to build new Fort Wayne warehouse/distribution center
May 13, 2022
PepsiCo Inc. plans to build a $19 million warehouse and distribution center on 11 acres near Fort Wayne International Airport in Fort Wayne, Indiana, replacing…
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US Foods boosts Q1 2022 results on higher volume, food cost inflation
May 12, 2022
US Foods Holding Corp. improved its Q1 2022 results driven by higher total case volume and food cost inflation compared to the prior year period, according to…
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Utz Brands reports record Q1 2022 sales
May 12, 2022
Utz Brands Inc. reported record first quarter sales for Q1 2022 driven by pricing action, while the quarter's loss also increased due to a buyout of third…
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Jones Soda widens loss in Q1 2022 from cannabis expansion despite higher sales
May 12, 2022
Jones Soda Co. posted a loss against higher sales for Q1 2022 compared to the prior year period, largely on account of costs related to its previously reported…
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Compass Group posts strong HY 2022 results on COVID recovery
May 11, 2022
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported revenue and earnings gains for the first half of 2022 driven by strong North…
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Aramark to spin off uniform services division
May 11, 2022
Aramark Corp. plans to spin off Aramark Uniform Services into an independent, publicly traded company, according to a press release. The transaction is…
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Performance Food Group reports strong Q3 2022; Vistar boosts sales
May 11, 2022
Performance Food Group, which owns Vistar, a national convenience services wholesale distributor, posted strong Q3 2022 results, driven by the acquisition of…
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General Mills to acquire pizza crust manufacturer
May 11, 2022
General Mills Inc. has agreed to acquire TNT Crust, a manufacturer of frozen pizza crusts for regional and national pizza chains, foodservice distributors and…
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Selecta Group boosts Q1 sales, earnings despite continued pandemic impact
May 11, 2022
Selecta Group, a Sweden based route service provider of convenience services in Europe, lifted sales by 16.7% to €276.6 million ($291.03 million) in Q1 202…
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How to manage risks with new technology: Experts weigh in
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Investing in technology typically requires a certain amount of risk. By managing this risk, companies can achieve the benefits of new technology without…
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Sysco posts strong Q3 2022 sales, earnings
May 11, 2022
Sysco Corp. posted strong sales and earnings for Q3 2022 against the prior year period, according to an earnings release. Highlights include:
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Kellogg reports strong Q1 2022 results, raises FY guidance
May 10, 2022
Kellogg Co. reported net sales growth for Q1 2022 led by snacks, international momentum and positive price/mix, according to an earnings report. The company is…
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General Mills names general counsel
May 10, 2022
Karen Wilson Thissen Karen Wilson Thissen will join General Mills Inc. as general counsel and corporate secretary, effective June 6, 2022.
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US Foods seeks new CEO
May 10, 2022
The US Foods Holding Corp. has announced that CEO Pietro Satriano will be leaving the company, according to a press release.
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Darigold names COO, chief customer officer
May 10, 2022
Kristi Kanga Darigold Inc., a Seattle-based farmer-owned dairy co-op, has hired Kristi Kangas as its chief operating officer, and promoted executive…
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Tyson Foods lifts Q2 2022 sales, earnings
May 9, 2022
Tyson Foods Inc., which owns Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, idp and State Fair brands, lifted its Q2 2022 sales and earnings over the…
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365 Retail Markets acquires Australia VMS firm
May 6, 2022
365 Retail Markets, a provider of self-service commerce technology to the foodservice industry, has acquired Sentry, an Australia-based vending and micro…
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Lavazza intros RTD cold brew cans
April 29, 2022
Lavazza has launched organic, ready-to-drink cans of cold brew coffee in four flavor profiles to the U.S., according to a press release.
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UK CS operator automates pricing labels
April 27, 2022
Vending Sense, a convenience services firm based in Hoddesdon, U.K., has automated its pricing labels using ECS's technology, according to a press release.
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Unattended retail explodes in response to consumer acceptance
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
A host of technologies and service concepts have come on the scene as of late. What entities will service the rising number of unattended retail sites?
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