Micro Markets News

Russia seizes Danone unit and Carlsberg brewery

July 17, 2023

Russia has seized control of Danone's Russian operating unit as well as Baltika, a Carlsberg owned brewery, according to a Seeking Alpha report.

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Campbell to close Connecticut office, cut 44 positions

July 17, 2023

The Campbell Soup Co. will close its Norwalk, Connecticut corporate office, as previously announced, beginning in September, according to a nbcconnecticut.com…

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Kraft Heinz to build $400M Illinois distribution center, create 150 jobs

July 14, 2023

The Kraft Heinz Co. will invest more than $400 million to build a 775,000-square-foot distribution center in DeKalb, Illinois, one of the largest automated CPG…

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Monster Beverage gets green light to acquire Bang Energy

July 13, 2023

A bankruptcy court has approved Monster Beverage Corp.'s bid to acquire Bang Energy out of Chapter 11 for $362 million and settle litigation between the…

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Hormel Foods promotes Scott Aakre to retail leadership role

July 13, 2023

Scott Aakre Hormel Foods Corp. has named Scott Aakre group vice president and chief marketing officer of its retail business, according to a press…

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Conagra Brands suffers earnings drops despite sales gains for Q4 and FY 2023

July 13, 2023

Conagra Brands Inc. reported hefty losses against sales gains for Q4 and FY 2023 compared to the prior year period, according to an earnings report. Highlights…

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PepsiCo boosts Q2 2023 results, lifts full year expectations

July 13, 2023

PepsiCo Inc. lifted its sales and earnings for Q2 2023 over the prior year period and upgraded its full year results, according to a press release. Highlights…

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McKee Foods brings Little Debbie Cosmic Brownies to vending

July 12, 2023

McKee Foods Corp. is adding Little Debbie Cosmic Brownies with a sell-by date code to the vending industry this month, according to a press release. The…

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Sodexo Canada names SVP/sales

July 12, 2023

Nancy Zuccarelli Sodexo Canada has named Nancy Zuccarelli senior vice president of sales, according to a press release.

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Bernick’s expands Wisconsin headquarters

July 11, 2023

Bernick's, a convenience services provider and Pepsi bottler, has broken ground on an expansion project at its Waite Park, Wisconsin headquarters, according to…

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Utz Brands taps Clif Bar’s Jennifer Bentz for marketing, innovation role

July 10, 2023

Jennifer Bentz Utz Brands Inc. has named Jennifer Bentz executive vice president, insights, innovation and marketing services, reporting to CEO…

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Lavazza predicts earnings fall from rising costs

July 7, 2023

Lavazza, the Turin, Italy based coffee and coffee equipment manufacturer, has warned it will suffer a double-digit drop in earnings this year caused by coffee…

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Farmer Brothers taps industry veteran John Moore as VP/head of coffee

July 7, 2023

John Moore Farmer Brothers Co. has named coffee industry veteran John Moore vice president and head of coffee, according to a press release. He will…

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United Natural Foods to close New Jersey facility, cut 60 jobs

July 6, 2023

United Natural Foods Inc. plans to close its Bridgeport, New Jersey distribution center, impacting 60 jobs, according to a Courier Post report.

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Coca-Cola to invest $70M in Calgary plant

July 6, 2023

The Coca-Cola Co. will invest $70 million to build a new warehouse for its Calgary, Alberta bottling plant, according to a Baystreet report.

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Mars to acquire Kevin’s Natural Foods

July 6, 2023

Mars Inc. has agreed to acquire Kevin's Natural Foods, a nutritious meal company, to join its brands in the Mars food and nutrition segment, according to a…

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Middleby acquires Terry Water Treatment Solutions

July 5, 2023

The Middleby Corp. has acquired Terry Water Treatment Solutions for an undisclosed sum, according to a press release. The company has a proprietary solution to…

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Snyder’s-Lance to close Charlotte facility, eliminate 125 jobs

July 4, 2023

Snyder's-Lance Inc., which is owned by Campbell Soup Co., will close one of three Charlotte manufacturing plants in late summer, eliminating as many as12…

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McLane names first vp/retailfoodservice

July 4, 2023

Jon Cox McLane Co. Inc. has named its first vice president of retail foodservice, Jon Cox, who brings more than 25 years of leadership experience…

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Monster Beverage seeks to buy Bang Energy out of bankruptcy for $362M

June 30, 2023

Monster Beverage Corp. has offered to acquire Bang Energy out of bankruptcy for $362 million, a bid that could be thwarted by regulatory review, according to a…

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