Micro Markets News
Nestlé to exit Myanmar over violence, instability
March 1, 2023
Nestlé S.A. will close its factory and head office in Yangon, Myanmar due to violence and instability in the country, according to a CNN report.
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Monster Beverage reports record Q4 2022 sales, earnings slide
March 1, 2023
Monster Beverage Corp. reached record Q4 2022 sales boosted by price hikes, but suffered an earnings decline, according to a press release. Full year results…
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Westrock Coffee acquires Bixby Roasting
March 1, 2023
Westrock Coffee Co., a coffee provider to the retail, foodservice, convenience store, travel center and hospitality industries, has acquired Bixby Roasting…
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Danone to build $65M Florida facility for coffees, creamers
February 28, 2023
Danone North America will invest up to $65 million over the next two years to create a new bottle production line in Jacksonville, Florida, according to a…
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Coca-Cola Bottling breaks ground on $85M Georgia expansion, to add 50 jobs
February 27, 2023
Coca-Cola Bottling Co. United Inc., a Birmingham, Alabama-based Coca-Cola bottler, recently broke ground on an $85 million expansion of its Macon, Georgia…
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Mashgin checkout system to offer Shift4 payment processing
February 23, 2023
Retailers that use Mashgin's touchless, self-checkout system will be able to equip their point of sale with Shift4 payment processing under a partnership…
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Keurig Dr Pepper Q4, FY 2022 sales rise on price hikes, earnings suffer
February 23, 2023
Keurig Dr Pepper Inc. lifted its Q4 and FY 2022 sales, boosted by pricing, while earnings took a hit, according to a press release.
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Danone lifts Q4, FY 2022 sales boosted by price hikes, FY earnings fall
February 22, 2023
Sales for Danone S.A. in Q4 2022 topped estimates boosted by higher prices, and the company plans to lift prices again this year, if necessary, according to a…
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Tyson Foods to acquire Williams Sausage
February 21, 2023
Tyson Foods Inc. has agreed to acquire Williams Sausage Co. Inc. of Union City, Tennessee, for an undisclosed sum, according to a press release.
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Flowers Foods completes acquisition of Papa Pita Bakery
February 21, 2023
Flowers Foods Inc., which owns the Mrs. Freshley's, Tastykake, Nature's Own and other consumer brands, has completed the previously announced acquisition of…
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McKee Foods intros website uniting vending, foodservice
February 17, 2023
McKee Foods Corp., the parent company of Little Debbie snacks and Fieldstone Bakery, has united its vending and foodservice brands under one name, McKee…
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Nestle lifts 2022 sales on price hikes, suffers earnings decline
February 16, 2023
Nestle S.A. reported an earnings decline for 2022 despite higher sales boosted by price increases, according to an earnings report. Highlights include:
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US Foods boosts Q4, FY 2022 sales, earnings
February 16, 2023
US Foods lifted its Q4 and FY 2022 results on sales gains from independent restaurants and healthcare accounts, according to an earnings release. Highlights…
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Five Star Food Service acquires Lincoln County Vending
February 16, 2023
Five Star Food Service Inc., a Chattanooga, Tennessee-based Canteen franchise convenience services operation, has acquired Lincoln County Vending, a Canteen…
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Cantaloupe intros micro market kiosk for low-vision users
February 15, 2023
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has introduced a…
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Kraft Heinz boosts Q2 2022 sales, earnings take a hit
February 14, 2023
Kraft Heinz Co. lifted its Q2 2022 sales, boosted by double digit organic sales growth while suffering a hefty earnings decline, according to an earnings…
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Conn’s Potato Chip to continue Mikesell’s brand
February 14, 2023
Fans of Mikesell's potato chips need not despair the recently announced closing of the iconic brand, according to a report in The Cincinnati Enquirer.
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Coca-Cola lifts Q4, FY 2022 revenue; earnings dip
February 14, 2023
The Coca-Cola Co. lifted Q4 and FY 2022 revenue, boosted by strong organic growth, while income dipped, according to an earnings release.
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Sodexo deploys AiFi autonomous shopping in Salt Lake City convention center
February 13, 2023
Sodexo Live!, the hospitality partner to the Salt Palace Convention Center in Salt Lake City managed by ASM Global, has introduced AiFi's autonomous store…
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Refreshing USA to merge with acquisition firm, become publicly traded
February 13, 2023
Refreshing USA, has teamed with Integrated Wellness Acquisition Corp., a publicly traded acquisition company, to merge under a Delaware corporation that will…
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