Micro Markets News
Nestle acquires major stake in Yfood
April 7, 2023
Nestle SA has acquired a 49.95% stake in Yfood, a direct-to-consumer food startup that provides meal replacement beverages, powders and nutrition bars…
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Sodexo lifts half-year results on pandemic recovery
April 6, 2023
Sodexo, a Paris-based provider of food and convenience services, lifted its 2023 half year revenue and profit boosted by its post-COVID recovery, according to…
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Conagra Brands lifts Q3 2023 results supported by pricing action
April 5, 2023
Conagra Brands Inc. lifted its Q3 2023 sales and earnings over the prior year period, boosted largely by pricing action, according to an earnings report.
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Aramark Sports+ Entertainment to feature self-checkout technology at MLB stadiums
April 4, 2023
Aramark Sports + Entertainment, a hospitality provider at nine Major League Baseball stadiums, will welcome fans back to ballparks with state-of-the-art…
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Analyst expects Monster Beverage bid for Bang energy drink
April 3, 2023
An analyst at Stiffel, a wealth management and investment banking firm, signaled that Bang energy drink, which filed for Chapter 11 bankruptcy protection in…
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Little Debbie Cookies & Creme Brownies coming to vending
March 31, 2023
McKee Foods Corp. will introduce Little Debbie Cookies & Creme Brownies to the vending industry in April, according to a press release. Each fudge brownie…
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Sysco names Kenny Cheung CFO, promotes Neil Russell to new role
March 28, 2023
Neil Russell Sysco Corp. has named Kenny Cheung as chief financial officer, effective April 17, 2023, while Neil Russell, who has served as interim…
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Vendekin Technologies teams with Vianet on mobile checkout
March 27, 2023
Vendekin Technologies, a provider of mobile payment solutions for unattended retail, has teamed with Vianet PLC, a provider of telemetry services to the…
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US Foods names Iacobucci SVP/field operations/CCO
March 24, 2023
Andrew Iacobucci US Foods Holding Corp. has promoted Andrew Iacobucci from chief transition officer to senior executive vice president, field…
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365 Retail Markets taps Moblico to enhance customer marketing, promotions
March 24, 2023
365 Retail Markets, a provider of unattended retail technology, has teamed with Kansas City based mobile technology firm Moblico to provide product promotion…
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Globe Life Field intros Amazon cashierless foodservice
March 24, 2023
Sports fans at Globe Life Field, home of the Texas Rangers in Arlington, Texas, are now able to buy what they want to eat faster and easier, thanks to a pair…
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Mars Wrigley names India GM
March 23, 2023
Kalpesh Parmar Mars Wrigley, a division of Mars Inc., promoted Kalpesh Parmar from general manager of Mars Wrigley India to general manager for Mars…
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General Mills raises 2023 expectations on Q3 sales gain and earnings dip
March 23, 2023
General Mills Inc. upgraded its 2023 expectations after posting a 13% Q3 2023 sales boost despite a 16% earnings dip, according to an earnings report.
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Study examines coffee's impact on heart rhythm
March 23, 2023
Consumption of caffeinated coffee did not result in increased episodes of premature atrial contractions, according to a study reported in the New England…
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SupplyCaddy raises $3.2M
March 22, 2023
SupplyCaddy, a Miami based manufacturer of packaging and disposables for the foodservice industry, has raised $3.2 million in seed funding led by CEAS…
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Tyson Foods to build $70M poultry facility in Arkansas
March 21, 2023
Tyson Foods Inc. announced plans to build a $70 million hatchery in Hope, Arkansas to serve two poultry production complexes shortly after announcing plans to…
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Geia Food acquires Topfoods
March 21, 2023
Geia Food, a Denmark based foodservice manufacturer owned by London based private-equity firm Triton Partners, has acquired Topfoods, a Finland based…
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Push Beverages renews Tribe Tea bottle
March 20, 2023
Push Beverages has introduced its revised Tribe Tea package to allow customers to see the iced tea from the bottle, according to a press release. The bottle…
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Laxman Narasimhan takes over Starbucks CEO role
March 20, 2023
Laxman Narasimhan, who was named incoming CEO of Starbucks last year, has officially succeeded Howard Schultz as CEO.
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University home to Just Walk Out convenience store
March 17, 2023
The first convenience style store on a college campus, powered by Amazon's Just Walk Out technology, is open on the Marymount University campus.
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