Micro Markets News
Nayax to acquire Retail Pro International for $36+M
October 30, 2023
Nayax Ltd., a global commerce enablement payments and loyalty platform designed to help merchants scale their business, agreed to acquire Retail Pro…
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Keurig Dr Pepper to distribute Electrolit in US
October 30, 2023
Keurig Dr Pepper Inc. has signed a distribution agreement with Grupo PiSA to market its Electrolit hydration beverage across the U.S., according to a press…
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Beverage tech provider Sidework raises $10M in funding
October 30, 2023
Sidework, a beverage technology company formerly known as Backbar serving the self service and restaurant industries, has closed new funding to bring the total…
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Sodexo boosts 2023 revenue and earnings
October 27, 2023
Sodexo PLC, a Paris-based global foodservice contractor, lifted its 2023 revenue and earnings in double digits over 2022, boosted in part by post-COVID return…
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Self-service tech market to grow by $17B through 2026
October 27, 2023
The self-service technology market will grow by $17.39 billion from 2022 to 2026, according to research from Technavio. A primary factor is the market's…
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Danone lifts Q3 2023 sales, raises full year expectations
October 26, 2023
Danone S.A., a Paris-based global provider of dairy and plant-based products, waters and nutrition, lifted its Q3 2023 sales with varying business segment and…
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Groupe SEB lifts Q3 2023 sales boosted by professional equipment
October 26, 2023
Groupe SEB, the Ecully, France-based parent company of Wilbur Curtis Co. in the U.S. and several professional and consumer coffee equipment brands in Europe…
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Hershey surpasses Q3 2023 sales, earnings expectations
October 26, 2023
Hershey Co. boosted its Q3 2023 results over the prior year period driven primarily by price realization, according to a press release.
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Keurig Dr Pepper boosts Q3 2023 results, surpasses expectations
October 26, 2023
Keurig Dr Pepper Inc. lifted its sales and earnings for Q3 2023 against the prior year period, according to an earnings report, surpassing analyst expectations.
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Aramark launches ‘Aura’ F&B service at San Antonio Spurs facility
October 25, 2023
Aramark Sports + Entertainment, a provider of food and beverage service to stadiums, arenas, convention centers and entertainment destinations, has introduced…
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Coca-Cola boosts Q3 2023 results, beats expectations
October 24, 2023
The Coca-Cola Co. reported revenue and earnings gains for Q3 2023 against the prior year period, according to an earnings report, surpassing analyst…
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Golden State Foods promotes 3
October 24, 2023
Ken Mance (Photo: Golden State Foods) Golden State Foods, an Irvine, California-based wholesale foodservice product supplier to the foodservice and…
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Sodexo to offshore back office work to India, cut 80 jobs
October 23, 2023
Sodexo, a Paris-based global foodservice contractor, will offshore work from its financial back office in Cheektowaga, New York to a Mumbai, India facility…
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Stellar Snacks to invest $137M in Louisville facility, add 350 jobs
October 23, 2023
Stellar Snacks, a pretzel manufacturer, will invest $137 million and create 350 full-time jobs over the next 10 years in west Louisville, Kentucky, the single…
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Ferrara Candy to acquire Jelly Belly Candy
October 23, 2023
Ferrara Candy Co. has agreed to acquire Jelly Belly Candy Co. through CTH Invest, a Ferrarra holding company, according to a press release. Financial terms of…
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Sysco breaks ground on Arizona distribution facility, to add 257 jobs
October 20, 2023
Sysco Corp. recently broke ground on a 353,600-square-foot distribution facility, Sysco Arizona East, in Mesa, Arizona, according to a press release.
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Nestle closes Israel production facility, reports 9-month sales dip
October 20, 2023
Nestle SA has temporarily shut down its Israel production facility in response to Mideast tensions and has reported a 0.4% sales decline for the first nine…
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Keurig Dr Pepper to invest $100M in South Carolina roasting/manufacturing facility, add 250 jobs
October 19, 2023
Keurig Dr Pepper, a producer of hot and cold beverages, will invest $100 million in addition to the $380 million previously invested in its coffee roasting and…
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What’s hot with self service innovation? Don’t miss December Summit
October 18, 2023
In the ever-changing world of self service, innovations such as artificial intelligence, machine learning and 5G telemetry are just some of the technologies…
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Mars to expand Virginia headquarters
October 17, 2023
Mars Inc. is planning to expand its McLean, Virginia, headquarters by close to 50,000 square feet, according to an ffxnow.com report.
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