News & Media
Bitcoin of America CEO arrested for unlicensed bitcoin ATMs
March 3, 2023
Law enforcement officials have arrested Sonny Meraban, CEO of Bitcoin of America, along with his father, Reza Mehraban and attorney William Soriano, on…
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Crane names Christina Cristiano SVP/CFO for Crane NXT
March 3, 2023
Christina Cristiano Crane Holdings, Co., a diversified manufacturer of engineered industrial products, has promoted Christina Cristiano from vice…
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Utz Brands boosts Q4, FY 2022 sales, earnings results mixed
March 2, 2023
Utz Brands Inc. lifted its Q4 and FY 2022 sales while earnings were mixed, according to an earnings release.
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Hormel Foods suffers Q1 2023 sales, earnings declines
March 2, 2023
Hormel Foods Corp. reported falling sales and earnings for Q1 2023 due to a continuously challenging operating environment, according to an earnings release.
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Luckin Coffee lifts Q4, FY 2022 revenues on COVID recovery
March 2, 2023
Luckin Coffee, a pioneer in coffee vending and a competitor to Starbucks in China which restructured in 2021 after filing for bankruptcy protection, lifted its…
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Pace-O-Matic wins trademark case in federal court
March 2, 2023
A jury in a federal court decided in favor of Pace-O-Matic and its subsidiaries that the name and related images of "Pennsylvania Skill" are the company's sole…
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Amusement game providers upgrade arcade at Give Kids The World Village
March 2, 2023
A team of amusement game providers and operators recently upgraded the Amberville Arcade at the Give Kids The World Village in Kissimmee, Florida, according to…
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Steeped Coffee partners with BLK & Bold Specialty Beverages
March 2, 2023
Steeped Coffee, a provider of coffee that uses a steeped brewing method, has partnered with BLK & Bold Specialty Beverages to bring the independent…
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Nayax boosts Q4, FY 2022 revenue, earnings results mixed
March 1, 2023
Nayax Ltd., a commerce enablement and payments platform designed to help merchants scale their business, lifted its Q4 and FY 2022 revenue, improving its…
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JM Smucker lifts Q3 2023 sales, earnings
March 1, 2023
The J.M. Smucker Co., which owns Folgers, Dunkin', Smucker and other brands, lifted its sales and earnings for Q3 2023, according to an earnings report.
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Nestlé to exit Myanmar over violence, instability
March 1, 2023
Nestlé S.A. will close its factory and head office in Yangon, Myanmar due to violence and instability in the country, according to a CNN report.
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Everi Holdings lifts Q4, FY 2022 revenue, earnings tumble
March 1, 2023
Everi Holdings Inc., a game machine manufacturer, lifted its Q4 and FY 2022 revenues, while earnings took a hit, according to an earnings release. Highlights…
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PayComplete intros front-end cash recyclers, smart safes
March 1, 2023
Cash management platform PayComplete has launched a range of integrated front-end cash recyclers and smart safes as retailers continue to adopt self service…
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Technology investment helps Texas operator recover from COVID
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
An investment in telemetry has paid off for this vending operator and hastened his company's recovery from COVID.
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Bitcoin ATMs see more than 400 removals in 2023
March 1, 2023
Bitcoin ATMs have seen a reduction lately, as the net number of the machines dropped by 412. This is a shift from December 2020 to January 2022, when more than…
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Monster Beverage reports record Q4 2022 sales, earnings slide
March 1, 2023
Monster Beverage Corp. reached record Q4 2022 sales boosted by price hikes, but suffered an earnings decline, according to a press release. Full year results…
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Westrock Coffee acquires Bixby Roasting
March 1, 2023
Westrock Coffee Co., a coffee provider to the retail, foodservice, convenience store, travel center and hospitality industries, has acquired Bixby Roasting…
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Oysterable intros resource circulation solution using reverse vending machine
February 28, 2023
Oysterable, a Korea-based provider of artificial intelligence and IoT technology, has introduced its AIoT smart resource circulation solution, Lalaloop, a…
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Digital Media Vending International intros solutions to fight retail shrink
February 28, 2023
Digital Media Vending International LLC, a provider of automated retail technology solutions, has created its M-Series solutions focused on reducing retail…
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HempBox Vending teams with Weedsies cannabis marketplace
February 28, 2023
HempBox Vending Inc., a wholly-owned subsidiary of Hempacco Co. Inc., has teamed with Weedsies Mobile LLC to introduce Weedsies Vending LLC, to market…
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