Micro Markets News
Sodexo sales, earnings rebound in fiscal 2022
October 27, 2022
Sodexo, a France-based global food services firm, lifted sales and earnings in fiscal 2022 driven by COVID recovery and currency exchange, according to an…
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Kraft Heinz lifts Q3 2022 sales on pricing gains, earnings slide
October 26, 2022
Kraft Heinz Inc. lifted its Q3 2022 sales driven by price hikes while earnings took a dive, according to an earnings release. Highlights include:
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Coca-Cola delivers strong Q3 2022 results, beats expectations
October 25, 2022
The Coca-Cola Co. today reported strong third quarter 2022 results, surpassing sales and earnings expectations, as the company continued to build on the…
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Harbor Foodservice acquires NW Foodservice Distribution
October 25, 2022
Harbor Foodservice, based in Kent, Washington, has acquired Longview, Washington-based NW Foodservice Distribution Inc., a broadline foodservice distributor…
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Amazon One tech expands within Seattle arena
October 24, 2022
The Climate Pledge Arena in Seattle, Washington now has the Amazon One palm payment service in place within three concession areas.
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Don’t miss: How to cash in on automated convenience
October 21, 2022
Five years after Amazon Go made headlines, automated stores have become one of the fastest-growing retail channels. However, retailers and restaurants face…
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Coca-Cola names 3 vice presidents, declares dividend
October 21, 2022
The Coca-Cola Co. today announced the election of three corporate vice presidents, along with declaring the company's regularly quarterly dividend, according…
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Coca-Cola Consolidated taps EspriGas for carbon dioxide service to customer locations
October 20, 2022
Coca-Cola Consolidated Inc., the largest Coca-Cola bottler, has teamed with EspriGas, an industrial gas provider, to provide carbon dioxide for beverage…
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Nestle lifts 9-month sales for 2022, boosted by pricing, acquisitions
October 19, 2022
Nestle SA lifted its nine-month results for 2022 over the prior year period, boosted by acquisitions and pricing activity, according to an earnings release.
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Investor seeks to enhance Coca-Cola’s recycling efforts
October 19, 2022
Engine No. 1, a U.S. activist investment firm, has taken a small stake in the Coca-Cola Co. with plans to move the beverage giant on the waste management…
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Starbucks selling Seattle's Best to Nestle
October 19, 2022
Starbucks is selling its Seattle's Best Coffee brand to Nestlé, with which the company established the Global Coffee Alliance in 2018.
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Abu Dhabi investment firm acquires TruFood Manufacturing
October 19, 2022
Mubadala Capital, the global asset management firm and a wholly owned subsidiary of Abu Dhabi based Mubadala Investment Co., has acquired TruFood Manufacturing…
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Pilot intros travel center, 8 remodels, including self-checkout kiosks
October 17, 2022
Pilot Co. is celebrating the opening of a newly built travel center in Palmdale, California and the completion of eight more store remodels as part of its New…
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Michael Hogg joins NAMA's government affairs team
October 17, 2022
Michael Hogg The National Automatic Merchandising Association has named Michael Hogg manager of state affairs, according to a press release.
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Monogram Foods completes Massachusetts plant, to add 355 positions
October 16, 2022
Monogram Foods, a Memphis, Tennessee-based food product manufacturer that has been long active in convenience services, has completed construction on a…
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Automated ordering tech firm CoolR Group raises $10M
October 14, 2022
CoolR Group, a provider of automated ordering for brands using AI-based image recognition, has announced a $10 million round led by long-term VC investor First…
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Ruiz Food Products acquires Culinary International
October 14, 2022
Ruiz Food Products Inc., a frozen food manufacturer specializing in Mexican food products, has acquired the assets of Culinary International LLC, a contract…
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Sodexo acquires senior living purchasing organization
October 13, 2022
Entegra, Sodexo's global procurement subsidiary, has acquired Beacon Purchasing, a group purchasing organization for senior living facilities based in San Juan…
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Hormel’s Scott Aakre to oversee new innovation center
October 13, 2022
Scott Aakre Hormel Foods Corp. has named Scott Aakre as senior vice president of Brand Fuel, the company's new center focused on consumer insights…
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Blue Diamond Growers’ Mark Jansen to step down
October 13, 2022
Mark Jansen Mark Jansen, president and CEO of Blue Diamond Growers, will step down from the role he has held with the agricultural cooperative and…
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