CMS Debuts Payment Solutions Unit At NAMA NORWOOD, MA — Crane Merchandising Systems plans to launch a new business unit, Crane Payment Solutions, at the 2006 National Automatic Merchandising Association National Expo in Orlando, FL.
Microtronic AG Introduces RFID Cashless Payment System To U.S. At NAMA ‘06 Expo OENSINGEN, Switzerland — Microtronic AG will stage the U.S. launch of its versatile cashless payment system for vending machines in booth 1223 at the National Automatic Merchandising Association National Expo in Orlando, FL. Microtronics cashless payment terminals were installed in vending equipment at the Winter Olympics in Turin, Italy this February.
NAMA Leaders Explore Developing Chinese Vending Industry SHANGHAI, China — China, with one of the world’s fastest-growing economies, has only 400,000 vending machines on location and, as such, is a market with the potential for extremely rapid growth. That’s one of the conclusions reached by NAMA president and chief executive officer Richard M Geerdes and senior vice-president and chief operating officer Dan Mathews, who attended the recent China Vending Exposition in Shanghai as guests of the show’s sponsors...
NAMA’s ‘06 Exposition Offers New Format, Sharper Focus On Today’s Vending Clientele Tim Sanford ORLANDO, FL — The National Automatic Merchandising Association will mark its 70th anniversary with a new schedule for the 2006 National Expo, and a curriculum designed to provide greater insight into contemporary consumer attitudes and desires. It’s set for the OrangeCountyConvention Center here from October 25 through 27. For the first time, the event will run from Wednesday through Friday. On Tuesday, October 24, the new Supervisor Development Program will get under way at . Separate registration and course materials fees are required for the three-day workshop, which made its debut at this year’sSpring Expo.
AMOA Puts Chaos Into Context For Operators N. Montano LAS VEGAS — Ray Shroyer of Metro Amusements (Streator, IL) came to work one morning to find that one of his key locations, a bowling alley, had burned down. Shroyer was part of a panel, which included lobbyist Adonna Jerman and insurance expert Will Giambalvo, who introduced the Amusement and Music Operators Association’s “Guide To Developing A Disaster Management Plan"...
AMOA, IALEI Install Officers; Leaders See Bright Future N. Montano LAS VEGAS — The Amusement and Music Operators Association and the International Association for the Leisure and Entertainment Industry installed new officers and board members at the AMOA-Fun Expos, held here from September 27 to 29.
Coinstar Reports Successful Results Following Test Of Higher Price-Points Hank Schlesinger BELLEVUE, WA — Coinstar Inc. said it has completed one of the largest and most comprehensive pricing tests ever conducted in the bulk vending industry. The testing, which took place in multiple markets across the country, focused on a wide range of bulk vending products – both readily available merchandise and product lines manufactured exclusively for bulk vending – with price points set at 75¢ and $1.
VenDynamics’ New FlatGames Packaging Increases Perceived Value Of Vended Goods Larisa Jayne Shewczyk SAN JOSE, CA — Latest in VenDynamics offerings is FlatGames, an innovative folder format for stickers, tattoos and other flat vend products. Constructed of the same 20-point chipboard material used for traditional flat product folders, FlatGames have colorful games and activities printed on them that add value to each vend.
EDITORIAL: Once Again: What Business Are We In? Tim Sanford The National Automatic Merchandising Association National Expo always offers the opportunity to consider vending in its strategic dimension. The Expos, National and Spring, are episodes in an ongoing professional conversation. If a time-traveler were able to visit and record each one in quick succession, the result would be a “time-lapse” or stop-action movie of the industry’s growth and (sometimes surprising) development ...by Tim Sanford
We hear a lot of talk about “good faith” in business dealings, particularly when it comes to contracts. But we rarely hear a comprehensive definition of what “good faith” means. One source identifies good faith as “the key essence of a contract,” adding, “the parties are expected to act in good faith in their dealings.” Which means what? ...by Marcus Webb
UPFRONT: Who Will Patronize Vending Machines In 5 Or 10 Years? Alicia Lavay I've just returned from East Lansing, MI, where VT’s editor-in-chief, Tim Sanford, Elliot Maras of Automatic Merchandiser and I had the pleasure of speaking to a group of students at Michigan State University on the historical and future perspectives of the vending industry...by Alicia Lavay-Kertes