Micro Markets News
Splash Beverage Group taps Coastal Beverage for North Carolina distribution
June 21, 2023
Splash Beverage Group Inc., a portfolio company of brands, has signed a distribution agreement with North Carolina based-Coastal Beverage Co. for three brands…
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Portland Business Journal ranks Royal ReFresh Oregon’s 50th fastest growing private firm
June 20, 2023
The Portland Business Journal has ranked Royal ReFresh as Oregon's 50th fastest-growing private company on its Top 100 list, according to a press release.
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Coca-Cola names head of generative AI
June 19, 2023
Pratik Thakar The Coca-Cola Co. has promoted Pratik Thakar from head of global creative strategy and content to global head of generative AI…
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Conagra Brands recalls frozen beef shepherd’s pie
June 19, 2023
Conagra Brands Inc. has recalled approximately 2,717 pounds of frozen beef shepherd's pie products that may be contaminated with extraneous materials…
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Unilever to acquire Greek frozen yogurt brand Yasso
June 16, 2023
Unilever PLC has agreed to acquire Yasso Holdings Inc., a frozen Greek yogurt brand in the U.S., for an undisclosed sum, according to a press release.
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Tyson Foods to lay off 228 in Illinois
June 15, 2023
Tyson Foods Inc. plans to lay off 228 corporate employees in Illinois who chose not to relocate to its Arkansas headquarters, according to a Reuters report.
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Splash Beverage partners with Virginia, Maine distributors
June 15, 2023
Splash Beverage Group Inc., a portfolio company of beverage brands, has expanded its existing partnership with Brown Distributing in Central Virginia and…
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BradyIFS acquires California distributor
June 14, 2023
BradyIFS, a Las Vegas based distributor of foodservice disposables and janitorial/sanitation products, has acquired Gorm Inc., a distributor serving the…
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Brazil allows Nestlé to acquire chocolate maker after 20-year delay
June 13, 2023
Brazil's competition regulator has approved Nestlé's €223 million ($238 million) acquisition of Garoto, a chocolate maker, after nearly two decades, according…
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Golden State Foods promotes 2
June 13, 2023
Stephen Wetterau Golden State Foods, an Irvine, California-based foodservice distributor, has promoted Stephen Wetterau to corporate vice president…
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NAMA names Matt Bisenius VP/external affairs
June 12, 2023
Matt Bisenius The National Automatic Merchandising Association has named Matt Bisenius vice president of external affairs, replacing Mike Goscinski…
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Vietnam readies record coffee exports
June 12, 2023
Vietnam expects coffee exports to hit a record high this year as global production falls short of demand, driving higher prices on account of El Nino-induced…
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JM Smucker boosts Q4, FY sales, suffers earnings losses
June 9, 2023
J.M. Smucker Co., maker of Folgers coffee, Jif peanut butter and Milk-Bone dog treats, lifted its Q4 and FY 2023 sales, partly driven by price increases, but…
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Performance Food Group to deploy fuel cell EVs for deliveries
June 9, 2023
Performance Food Group Inc., which owns Vistar, a national convenience services wholesale distributor, will be delivering product in fuel cell electric…
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TreeHouse Foods to buy Farmer Brothers’ direct ship business for $100M
June 8, 2023
TreeHouse Foods Inc., a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois, has…
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UNFI lifts Q3 2023 sales on inflation, suffers earnings decline
June 7, 2023
United Natural Foods Inc. lifted its Q3 2023 sales on inflation and new business while earnings declined due to lower margins and a challenging macroeconomic…
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Campbell Soup lifts Q3 sales on price inflation, earnings fall
June 7, 2023
Campbell Soup Co. lifted its Q3 2023 sales boosted by price inflation while earnings fell due to higher expenses, according to an earnings report.
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El Niño drives concern about higher robusta prices
June 6, 2023
El Niño, a weather phenomenon that delivers dry and hot conditions to the eastern and central Pacific Ocean, is causing concerns about higher robusta coffee…
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NAMA urges Congress to pass bill to fight converter theft
June 5, 2023
The National Automatic Merchandising Association joined a coalition of trade associations in a letter to support a proposed federal law to battle rising…
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European vending association report explores consumer preferences
June 2, 2023
Quality, safety and affordability are the main drivers of European consumer purchases from vending machines, according to a newly completed report from the…
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