Micro Markets News
Tyson Foods to lay off employees
April 27, 2023
Tyson Foods Inc. will lay off about 10% of corporate jobs and 15% of senior leadership positions, Chief Executive Donnie King told employees on Wednesday…
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Hershey reports strong Q1 2023 boosted by pricing, customer demand
April 27, 2023
Hershey Co. boosted its Q1 2023 results driven by pricing and strong customer demand, according to an earnings report. Highlights include:
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PepsiCo launches sustainability initiative for customers
April 27, 2023
PepsiCo Inc. has introduced pep+ Partners for Tomorrow, a platform that delivers solutions that aim to support its customers in achieving their sustainability…
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Danone lifts Q1 2023 sales on price hikes, raises guidance
April 26, 2023
Danone SA lifted its Q1 2023 sales boosted by price increases and raised its 2023 guidance, according to an earnings report. Highlights include:
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PepsiCo lifts Q1 2023 revenue on price hikes, raises annual forecast
April 26, 2023
PepsiCo Inc. lifted its revenue Q1 2023 over the prior year period, driven by price increases that offset rising costs, according to a Reuters report.
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Cashless drives small transaction sales in vending, amusements
April 26, 2023
Cashless payments continue to expand, even for small ticket (under $10) transactions, according to the 2023 Micropayment Trends Report conducted by Cantaloupe…
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Nestle lifts Q1 2023 sales boosted by price hikes
April 25, 2023
Nestlé SA lifted its Q1 2023 sales lifted by pricing, according to a financial report. Highlights include:
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Coca-Cola teams with Snapchat on AR vending machine
April 21, 2023
Coca-Cola is the first brand to install an augmented reality enabled vending machine that provides AR experiences and rewards, according to a consumergoods.com…
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Tyson Foods to pilot self-driving trucks
April 20, 2023
Tyson Foods Inc. will use self-driving trucks to ship products between Dallas and San Antonio, Texas, beginning this month, according to a press release.
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Liberty Coca-Cola to create its own energy, recover CO2
April 20, 2023
Liberty Coca-Cola Beverages, a Philadelphia based bottler, has teamed with Clarke Energy USA Inc., a Kohler company, to create what the company believes to be…
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Innovative Foodservice Group acquires Foodservice & Restaurant Supply
April 19, 2023
The Innovative Foodservice Group, a Tampa, Florida-based organization consisting of foodservice distributors, has acquired Foodservice & Restaurant Supply…
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365 Retail Markets acquires UK foodservice menu management firm
April 19, 2023
365 Retail Markets, a provider of unattended retail technology, has acquired Kafoodle, a U.K. based food technology company that specializes in menu and…
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Research claims soda tax reduces consumption, improves health
April 19, 2023
Soda taxes contributed to a double-digit decline in soda sales, according to research conducted by the University of California, San Francisco, Healthday…
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Five Star Food Service relocates Chattanooga headquarters
April 18, 2023
Five Star Food Service Inc., a Canteen franchise based in Chattanooga, Tennessee, recently relocated its corporate headquarters and support center to downtown…
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Sodexo commits to 50% plant-based menus by 2025
April 18, 2023
Sodexo, a Paris-based, global foodservice and facilities management services provider, has committed to 50% plant-based menus by 2025, according to a press…
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Hershey to acquire 2 popcorn making facilities from Weaver Popcorn
April 18, 2023
The Hershey Co. has agreed to acquire two manufacturing plants from Weaver Popcorn Manufacturing, a popcorn producer and co-packer, and a co-manufacturer of…
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Cantaloupe teams with GlobalConnect on ‘Bistro To Go!’ kiosk
April 18, 2023
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has expanded its…
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Minnesota considers beverage container recycling
April 18, 2023
Legislators in Minnesota recently introduced a bill to establish a beverage container deposit/refund program, according to the NAMA weekly legislative wrap-up.
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Mashgin self-checkout technology integrates with PDI’s retail software
April 17, 2023
Mashgin, a provider of a touchless self-checkout system, has integrated its technology with PDI Technologies' accounting and reporting software, according to a…
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Evan Jarecki becomes Gimme CEO, succeeds Cory Hewett
April 14, 2023
Evan Jarecki Evan Jarecki, co-founder of Gimme, an inventory management provider for the foodservice industry, will assume the CEO role as Cory…
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