Micro Markets News
Sodexo taps Cantaloupe Seed for convenience services business platform
December 8, 2022
Sodexo, a global provider of food and facilities services, has chosen Cantaloupe Inc. as its hardware provider and business platform for InReach, Sodexo's…
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Ferrerro to acquire ice cream maker Wells Enterprises
December 8, 2022
The Ferrero Group, a Luxembourg-based sweet-packaged food company with over 35 brands sold in more than 170 countries, will acquire Wells Enterprises, owner of…
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United Natural Foods lifts Q1 2023 sales, earnings slide
December 7, 2022
United Natural Foods Inc. lifted its Q1 2023 sales over the prior year period while suffering an earnings decline, according to an earnings release. Highlights…
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Campbell Soup boosts Q1 2023 results, surpasses expectations
December 7, 2022
Campbell Soup Co. increased its net and organic sales 15% in Q1 2023, due to inflation-driven pricing, brand strength and continued supply recovery, according…
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Splash Beverage adds 9 Southeast US wholesale distributors for Tapout
December 7, 2022
Splash Beverage Group Inc., a portfolio company of beverage brands, has reached agreements with nine beverage distributors across the southeastern U.S. for the…
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Breakroom Choices taps 32M’s Patrick McMullan
December 7, 2022
Patrick McMullan Patrick McMullan, former president of Three Square Market, has joined Breakroom Choices, a Layton, Utah-based breakroom services…
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PepsiCo to lay off hundreds of workers
December 6, 2022
PepsiCo Inc. is laying off hundreds of employees at its North American snack and beverage units, according to a report in The Wall Street Journal, citing an…
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JM Smucker to build Ohio R&D facility
December 6, 2022
The J.M. Smucker Co., which owns Folgers, Dunkin' and other consumer brands, will construct an R&D facility focused on testing new product innovation and…
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Second Nature Brands acquires Brownie Brittle
December 6, 2022
Second Nature Brands, a U.S.-based creator of better-for-you snacks controlled by CapVest Partners LLP, has acquired Brownie Brittle, a brownie snack brand…
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Arabica coffee prices dip, but future remains cloudy
December 6, 2022
Coffee prices have declined since August, but the future remains cloudy due to a number of factors, according to a report from The Food Institute.
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Coolgreens, Cash2Bitcoin among execs discussing profitability strategies at SSIS
December 5, 2022
With more sales channels reaching out for the consumer's dollar, convenience services has become more competitive than ever, and operators can no longer count…
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Aramark names Abigail Charpentier to replace retiring Lynn McKee as HR chief
December 5, 2022
Abigail Charpentier, right, will replace retiring Lynn McKee. Lynn McKee, executive vice president for human resources at Aramark Corp., has…
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Keurig Dr Pepper names R&D officer
December 5, 2022
Karin Rotem-Wildeman Keurig Dr Pepper Inc. has named Karin Rotem-Wildeman, Ph.D., to the position of chief research and development officer…
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Cantaloupe acquires Three Square Market for $41M
December 5, 2022
Cantaloupe Inc., a digital payments and software company, has acquired Three Square Market for $41 million, according to a press release. 32M is a provider of…
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Congress approves legislation to avert rail strike
December 5, 2022
Congress passed legislation last week to codify a contract with the railroads to avoid a rail strike and supply chain disruptions, according to the National…
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Sodexo reorganizes into 3 geographic zones
December 1, 2022
Sodexo Group has reorganized its on-site services, effective Oct. 1, 2022, with regions and countries consolidated into geographic zones, according to a press…
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Hormel Foods reports record 2022 sales
November 30, 2022
Hormel Foods Corp. finished fiscal 2022 nearly 10% above 2021 despite a Q4 decline caused by a shorter quarter, according to an earnings release. Highlights…
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Breakroom Choices marks 25th anniversary serving Utah, Arizona
November 30, 2022
Breakroom Choices, a breakroom service provider serving Utah and Arizona, marked its 25th anniversary this year.
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Bring Back TaB movement continues
November 29, 2022
The movement to restore TaB, Coca-Cola Co.'s once-leading diet drink, continues, following the company's 2020 decision to discontinue the product, according to…
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Don’t miss: Digital transformation and choosing the right technology
November 28, 2022
A host of new technologies — artificial intelligence, computer vision, machine learning and other technologies — offer convenience services operators new tools…
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