Micro Markets News
Flowers Foods reports record Q1 2023 sales, boosted by pricing
May 19, 2023
Flowers Foods Inc., which owns Mrs. Freshleys, Tastykake, Natures Own and other brands, posted record Q1 sales for Q1 2023 boosted by pricing while income…
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US Foods to acquire Renzi Foodservice
May 19, 2023
US Foods Holding Corp. has agreed to acquire Renzi Foodservice, a broadline distributor located in Watertown, New York, for an undisclosed sum, according to a…
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Self-service market will reach $63B by 2027
May 18, 2023
The global self-service market will grow from $40.3 billion in 2022 to $63 billion by 2027, according to data from ResearchandMarkets.com. It will boast a…
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Cola-Cola 'Flexes' dispenser to provide beverage variety
May 17, 2023
The Coca-Cola Flex powered by Freestyle, a beverage dispenser that offers an enhanced guest experience while reducing operational complexity, is now on the…
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Middleby announces 1 retirement, 2 promotions
May 17, 2023
The Middleby Corp. announced the retirement of Martin Lindsay, chief risk and administration officer, and the appointment of Brittany Cerwin as chief…
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Westrock Coffee lifts Q1 2023 results, reaffirms FY guidance
May 16, 2023
Westrock Coffee Co., a coffee provider to the retail, foodservice, convenience store, travel center and hospitality industries, lifted its Q1 2023 sales and…
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Coca-Cola bottler invests in plastics recycling
May 16, 2023
Coca-Cola Europacific Partners, the largest European Coke bottler, has invested in a Netherlands startup to produce food-grade recycled plastic from plastics…
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Ventus names business development director
May 16, 2023
Todd Ollinger Ventus Wireless LLC, a provider of 4G LTE connectivity, has named Todd Ollinger to the newly created position of director of business…
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Selecta Group lifts Q1 2023 sales on European recovery
May 15, 2023
Selecta Group, a Switzerland-based route service provider of convenience services in Europe, reported a 11.7% sales gain to €309.1 million ($336.03 million)…
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Utz Brands lifts Q1 2023 results on organic net sales gain
May 15, 2023
Utz Brands Inc. lifted its Q1 2024 sales and improved its loss driven by organic sales growth, according to an earnings release. Highlights include:
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US Foods lifts Q1 2023 results on cost inflation, volume growth
May 15, 2023
US Foods Holding Corp. lifted its Q1 2023 sales and earnings boosted by cost inflation and case volume growth, according to an earnings release, beating…
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VE Solutions intros self-serve kiosks
May 12, 2023
VE Solutions, formerly known as Vendors Exchange International Inc., a supplier of vending machines and convenience service solutions, has introduced two…
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Cantaloupe intros tablet-based warehouse picking tool
May 11, 2023
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions to power self-service commerce, has introduced…
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Performance Food Group lifts Q3 2023 results, Vistar sales surge on price hikes
May 11, 2023
Performance Food Group Co., which owns Vistar, a national convenience services wholesale distributor, raised its Q3 2023 sales and earnings compared to the…
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German coffee machine maker teams with Diebold Nixdorf on self-serve coffee purchases
May 10, 2023
WMF Professional Coffee Machines, a German manufacturer of coffee machines for commercial use, has teamed with Diebold Nixdorf Inc., a provider of retail and…
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Hostess Brands lifts Q1 2023 results, beats expectations
May 10, 2023
Hostess Brands Inc. lifted its Q1 2023 revenue and income, beating analyst expectations. Highlights include:
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Aramark posts strong Q2 2023 results
May 9, 2023
Aramark Corp. reported Q2 2023 revenue and income gains, driven by pricing and new business, according to a press release. Highlights include:
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Tyson Foods posts Q2 2023 loss
May 8, 2023
Tyson Foods Inc. reported a loss for Q2 2023, citing a challenging meat market, according to an earnings report. Highlights include:
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Cantaloupe intros self checkout kiosks, smart stores
May 8, 2023
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions to power self-service commerce, has introduced…
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PayRange acquires Vagabond
May 8, 2023
PayRange Inc., a provider of a mobile payment app and hardware for automated retail, has acquired Vagabond, a mobile, cloud-based technology platform that…
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