News & Media
Paramount acquires First National ATM
February 1, 2023
Paramount Management Group LLC, an ATM operator and solutions provider, has acquired First National ATM, which will increase its footprint by more than 1,00…
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Smart Soda introduces countertop healthy beverage solution
February 1, 2023
Smart Soda Holdings Inc., a wellness beverage technology provider, has introduced its JuLi Connect countertop beverage solution for offices, convenience stores…
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Bird safety sidetracks Carvana vending machine in Chicago suburb
February 1, 2023
Carvana's plan to erect a car vending machine tower in Skokie, Illinois, a Chicago suburb, has been sidetracked out of concern for preventing birds from being…
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Mondelez lifts Q4, FY 2022 revenue, earnings slide
February 1, 2023
Mondelez International Inc. boosted its Q4 and FY 2022 revenue but suffered earnings declines, according to an earnings report.
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Sysco lifts Q2 2023 sales, earnings slide
January 31, 2023
Sysco Corp. reported higher sales and an earnings decline for Q2 2023, according to an earnings release. Highlights include:
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Westrock Coffee to build Arkansas distribution center
January 31, 2023
Westrock Coffee Co., which acquired S&D Coffee & Tea from Cott Corp. in 2020, will develop a 530,000-square-foot distribution center with Tempus Realty…
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CBD supplier Wellbeing Farms orders 600 kiosks
January 31, 2023
Wellbeing Farms LLC, a subsidiary of Galexxy Holdings Inc. that provides CBD products, has executed its second supply and lease agreement with Delta 8 LLC and…
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Stern Pinball names Erica Frohm CTO
January 31, 2023
Erica Frohm Stern Pinball Inc. has named Erica Frohm as chief technology officer, according to a press release.
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Japan vending machines broadcast disaster information
January 31, 2023
Emergency broadcasts will soon alert people about disasters from a vending machine in Setagaya Ward, one of about 30 such machines in Japan, according to a…
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North Dakota to install library kiosks
January 31, 2023
Residents of North Dakota will be able to take out and return books at 10 book vending machines operated by the state library in communities that lack library…
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J&J Snack Foods lifts Q4 2022 sales, earnings slide
January 31, 2023
J&J Snack Foods Corp. lifted its Q4 2022 sales while earnings declined, according to an earnings report. Highlights include:
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Cash is not dead — it’s in transition
by Daniel Brown — Editor, Networld Media Group
A panel of experts convened at SSIS in Hollywood, Florida to discuss why “Cash is not dead,” including the value of cash in times of instability and its…
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Groupe SEB reports ‘stable’ 2022 sales
January 30, 2023
Groupe SEB, a France-based manufacturer that owns Wilbur Curtis Co. in the U.S. in addition to other coffee equipment brands, generated 2022 sales of €7.9…
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Nestle SA to invest $100M in Colombia
January 30, 2023
Nestle SA will invest $100 million over the next three years in its operations in Colombia, President Gustavo Petro said Friday, according to a Reuters report.
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Naloxone machines expand nationwide in response to opioid crisis
January 30, 2023
Vending machines that dispense free Naloxone, a drug that reverses the effects of an opioid overdose, have proliferated nationwide, according to a report in…
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Why ‘mixed reality’ gets harder to define in immersive entertainment
The mixed reality banner has extended to include augmented reality, projection mapping, immersive screens and much more in immersive entertainment.
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News organization criticizes crypto ATMs
January 30, 2023
Truthout, an online nonprofit news organization that describes itself as "a platform for progressive and transformative ideas," published an article Friday…
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Second Nature Brands taps Welch Foods’ Chris Caswell as CFO
January 30, 2023
Chris Caswell Second Nature Brands, which owns Kar's Nuts, Sanders and Brownie Brittle brands, has named Chris Caswell as chief financial officer…
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Danone considers divesting Horizon Organic, Wallaby brands
January 27, 2023
Danone is considering selling its Horizon Organic and Wallaby businesses in the U.S. as part of its portfolio review announced in March 2022, according to a…
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Tyson Foods names Wes Morris president of poultry business
January 27, 2023
Wes Morris Tyson Foods Inc. has named Wes Morris president of its poultry business, effective today. He returns to the company after retiring in…
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