Daniel Tomassetti was vice-president of Tomassetti Distributors, a full-line vending company headquartered in Meriden, CT. He ran the business with his brother Tony...
USAT has taken the wraps off its latest cashless payment device for vending machines. EPort Connect G10-S is the first payment device for unattended small-ticket retail to be certified for use on the Verizon Wireless 4G LTE network. It arrives ready to accept USAT's next-generation More loyalty and payroll deduction platform through Apple Pay...
The National Automatic Merchandising Association announced the opening of the nomination period for the 2017 Industry Awards, to be presented live at OneShow in Las Vegas on April 19. NAMA will accept nominations now through Monday, Jan. 30 [press release]
China's Vingoo introduced its freshly squeezed orange juice vending machine to the North American market at this year's Consumer Electronics Show. The Vitamin C Charger begins operating in spring in southern California...
A federal judge sentenced two sales representatives to prison for fraudulently selling vending machine businesses. The defendants, Scott M. Doumas and Paul E. Raia, are the latest to be sentenced in the biz-op scam. They worked for Deer Park, NY-based Vendstar, where 22 executives have been charged following an investigation that began in 2010...
Praxis Project, a so-called consumer advocacy group, is suing Coca-Cola Co. and the American Beverage Association over alleged false and misleading marketing of sugar-sweetened beverages...
Businesspeople today are faced with a quandary that is proving particularly frustrating for even the best and brightest. How do you weigh rapidly increasing quantifiable data against the instinctual and anecdotal when making business decisions? Numbers do not lie, but they can shade the truth in funny ways... by Hank Schlesinger
As we come to the close of another year, it's natural to reflect on what we've accomplished, where we are going and whether we've stayed on course. While this industry has experienced a profound upheaval over the past decade, its structural underpinnings remain unchanged... by Alicia Lavay
The National Automatic Merchandising Association's 2016 Coffee, Tea & Water conference called attention to what the event's organizers call the "Workplace Café." This terminology has the advantage of highlighting its recreational purpose in a way that "breakroom" does not, and it encourages thinking about the purpose of providing professional refreshment services in a workplace... by Tim Sanford
I recently came across an article written and published by Vending Times eight years ago. It covered a seminar I presented during the 2008 AMOA International Expo: "A Shot at Redemption for Route Operators." Today, the operation of redemption amusements in street locations, and even the use of POS systems to centralize payments and player points in installations with only a dozen units, is among the hottest topics in the industry. In this column, I'd like to update that VT article and retell it in my words... by Frank "the Crank" Seninsky
Most of us who started out in office coffee service have grown our companies through direct sales. We went out in the field, solicited potential customers and increased our volume one account at a time. Another option is to purchase a competitor to accelerate growth without spending time and money to build a much larger company by yourself. Here's how to price it... by Len Rashkin
I've discussed the market twice in 2016 year, and questioned why the market was propelling itself even higher than could be accounted for by rumor and technical-analysis trades. I warned that it could keep going higher yet with more "bearish" news.Lately, there hasn't been much in the way of "bearish" news, outside of robusta issues in Vietnam and vague speculation on Brazilian rainfall shortcomings...by Kevin Daw