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Micro Markets News

Price hikes boost Nestlé S.A. 2021 sales

February 17, 2022

Nestlé S.A. boosted sales in 2021, largely on price increases, according to an earnings report.

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Kraft Heinz suffers Q4 2021 losses, posts FY earnings gain

February 16, 2022

Kraft Heinz reported quarterly sales and earnings losses for Q4 2021 ending Dec. 25, 2021 compared to Q4 2020, while full year results included a significant…

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Five Star Food Service names Stephanos, Parks, Field to new roles

February 16, 2022

Mark Stephanos Five Star Food Service Inc., a Chattanooga, Tennessee based convenience services provider to nine states, has promoted three company…

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Orrin Huebner joins Consolidated Services Group, will focus on M&A and consulting

February 9, 2022

Orrin Huebner Convenience services industry veteran Orrin Huebner has joined Consolidated Services Group, a foodservice coffee trader serving hundreds…

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Performance Food Group, Vistar lift Q2 2022 sales on Core-Mark acquisition, COVID recovery

February 9, 2022

Performance Food Group, which owns Vistar, the nationwide wholesale vending product distributor, reported improved sales for Q2 2022 due to the Core-Mark…

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Aramark lifts Q1 2022 sales, earnings on COVID recovery

February 8, 2022

Aramark Corp. lifted its sales and earnings for Q1 2022 over the prior year's first quarter as the company recovered from COVID setbacks, according to an…

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Sodexo founder Pierre Bellon passes away

February 1, 2022

Pierre Bellon Sodexo, the Paris-based global foodservice provider, announced the passing of its founder and chairman emeritus, Pierre Bellon, on Jan.

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Cantaloupe upgrades Yoke micro market platform

January 25, 2022

Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has upgraded…

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Five Star Food Service acquires Rawls Distributing

January 11, 2022

Five Star Food Service Inc., a Chatanooga, Tennessee based provider of away-from-home food and beverage retail solutions for employers and other commercial…

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Sodexo to acquire Accent Food Services

January 10, 2022

Sodexo S.A., the Paris, France based food services and facilities management company, has agreed to buy Frontline Food Services, doing business as Accent Food…

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Foodservice, vending, water associations urge feds to accelerate COVID test kit availability

January 10, 2022

The National Restaurant Association, the National Automatic Merchandising Association and the International Bottled Water Association have called on President…

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Aramark intros ‘Cool Food Meals’ on campuses, cites 350 lower carbon footprint items

January 3, 2022

Aramark Corp. is making it easier for students at 10 U.S.-based universities to make climate-friendly choices by introducing "Cool Food Meals" on residential…

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HMS Host deploys 60 Mashgin touchless self-checkout kiosks at 8 global airports

December 28, 2021

HMS Host, a global foodservice operator, has teamed with eight international airports to help eliminate food and beverage lines at the airport with the…

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National Convenience Distributors acquires Century Distributors

December 23, 2021

National Convenience Distributors LLC has acquired Century Distributors Inc., one of the Mid-Atlantic region's largest full-line wholesale distributors to the…

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Performance Food Group promotes Craig Hoskins to president and COO

December 21, 2021

Craig Hoskins Performance Food Group Co., which owns Vistar, the only nationwide wholesale distributor of vending and micro market products, has…

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NAMA names Nick Steingart director of state affairs

December 20, 2021

Nick Steingart The National Automatic Merchandising Association has named Nick Steingart as director of state affairs, according to an association…

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Compass Group teams with AiFi on ‘frictionless’ shopping

December 17, 2021

Compass Group UK & Ireland will launch its first fully "frictionless" store in a workplace in early 2022, tapping AiFi's artificial intelligence based…

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365 Retail Markets acquires catering software provider Spoonfed

December 14, 2021

365 Retail Markets has acquired Spoonfed, a Glasgow-based provider of catering software across the U.S., U.K. and western Europe, for an undisclosed sum…

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US lawmakers introduce employee retention and tax credit reinstatement bill

December 8, 2021

U.S. lawmakers have listened to the convenience services industry and have introduced the Employee Retention Tax Credit Reinstatement Act which, if signed into…

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Selecta teams with Swiss food tech firm on fast hot steam kiosk

December 7, 2021

Selecta offers Carogusto's "SiSiSI Qeamer" in its Foodies micro markets. Selecta Group, Europe's leading route based self-service retailer, has…

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