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Micro Markets News & Media

Ready-to-drink coffee: Expect the surge to continue

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The growth of RTD coffee is expected to continue as stressed consumers seek to consume both energy and cold beverages.

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Amazon Go store arrives in Washington

May 23, 2022

Amazon is opening an Amazon Go store, featuring its cashierless checkout experience, in Mill Creek, Washington.

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UNFI COO Eric Dorne to retire

May 18, 2022

Eric Dorne Eric Dorne will retire as chief operating officer from United Natural Foods Inc. effective Oct. 29, 2022, according to a press release.

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Five Star Food Service to relocate, expand headquarters, add 25 jobs

May 18, 2022

Five Star Food Service Inc., a Chattanooga, Tennessee-based convenience services provider, will expand headquarters operations in Hamilton County in Tennessee…

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Mars Wrigley recalls Gummies

May 16, 2022

Mars Wrigley Confectionery US LLC has recalled varieties of Skittles Gummies, Starburst Gummies and Life Savers Gummies due to the potential presence of a…

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Selfly Store expands contactless micro stores

May 16, 2022

Selfly Store, a Finland based company owned by Stora Enso, a renewable materials company, has expanded its RFID-enabled micro stores designed for contactless…

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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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