Micro Markets News

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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Lavazza to acquire MaxiCoffee

November 28, 2022

Lavazza has agreed to acquire France-based MaxiCoffee for an undisclosed sum to strengthen its position in France and in e-commerce, according to Reuters.

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US Foods names Dave Flitman CEO

November 28, 2022

Dave Flitman US Foods Holding Corp. has named Dave Flitman chief executive officer, effective Jan. 5, 2023, according to a press release.

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JM Smucker lifts Q2 2023 sales, upgrades 2023 expectations

November 22, 2022

The J.M. Smucker Co., which owns Folgers, Dunkin' and other consumer brands, lifted its Q2 2023 sales and upgraded its 2023 forecasts, according to an earnings…

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Compass Group lifts 2022 sales and profits, surpasses 2019 levels

November 21, 2022

Compass Group, which owns Compass North America and Canteen Vending Services Inc. in the U.S., boosted its 2022 revenue and profit over the prior year…

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Kraft Heinz taps Diageo’s Janelle Orozco for procurement

November 21, 2022

Janelle Orozco The Kraft Heinz Co. has named Janelle Orozco to the role of chief procurement officer, North America, according to a press release.

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Blue Diamond Growers delivers 2nd largest crop in meat pounds in 2022

November 21, 2022

Blue Diamond Growers, a grower-owned cooperative representing approximately 3,000 California almond growers, delivered its share of the California almond…

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Nestle launches cookie delivery service

November 18, 2022

Nestle has partnered with Nextbite, a delivery brand provider, to sell several of its freshly baked cookies through DoorDash, UberEats and GrubHub, according…

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Hot new vending technology: Improving operational efficiency, the customer experience

November 17, 2022

Keeping up with all the new capabilities that technology can offer vending and related services has become one of the biggest challenges for companies active…

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Dawn Foods names Hepdogan, Bruketta to executive roles

November 16, 2022

Ahmet Hepdogan Global bakery manufacturer and ingredients distributor Dawn Foods has named Ahmet Hepdogan as vice president of procurement in North…

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Improved weather drives down coffee prices

November 16, 2022

The price of coffee beans has fallen over the past month on account of improved weather in coffee growing regions, as well as a rising U.S. dollar, according…

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Aramark reports solid Q4 and record FY 2022 results

November 15, 2022

Aramark Corp. reported strong sales and earnings gains for Q4 and FY 2022, including record annual revenue, according to a press release.

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J&J Snack Foods boosts Q4, FY 2022 sales, earnings dip

November 15, 2022

J&J Snack Foods Corp. lifted its Q4 and full year 2022 sales, but it suffered earnings slides. Organic sales growth was driven by growth across all three…

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European Vending Association names 13 to executive committee

November 14, 2022

The European Vending Association elected a new executive committee of 13 representatives for the three-year mandate of 2022-2025 during the EVEX-VendCon…

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Tyson reports Q4, FY 2022 sales gains, mixed earnings

November 14, 2022

Tyson Foods Inc. improved its Q4 and FY 2022 sales while earnings results were mixed, according to an earnings report.

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Grupo Bimbo to build $200M Georgia production plant, create 295 jobs

November 14, 2022

Grupo Bimbo, a Mexico City-based global baking company, will invest over $200 million to build a second production facility in Valdosta, Georgia, creating 29…

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Flowers Foods reports record Q3 sales for 2022

November 11, 2022

Flowers Foods Inc., which owns the Mrs. Freshley's and Tastykake brands, reported record third quarter sales for Q3 2022, according to a press release.

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