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News & Media

Pandemic spurs UK vending, micro market gains, despite ‘traditional’ vending’s setback

October 29, 2021

The pandemic has given new life to vending machines and micro markets in the U.K., according to a BBC report.

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Starbucks: 'Pandemic to blame for disappointing China sales'

by Cherryh Cansler — Editor, FastCasual.com

Starbucks reported Thursday that Q4 revenue fell short of expectations, thanks to a 7% drop in same-store sales in China.

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Industry veteran Byron Howard of Shaffer Distributing to retire

October 29, 2021

Byron Howard Vending and amusement industry veteran Byron Howard of the Shaffer Distributing Co. has announced his retirement after 40 years…

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Private equity firm invests in Seaga Manufacturing

October 29, 2021

Dominus Capital L.P., a private equity firm, and affiliates have completed an investment in Seaga Manufacturing Inc., a manufacturer of vending and dispensing…

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#SelfServiceSummit Sponsor Preview: Worldnet Payments

Worldnet is a leading integrated payments gateway for enterprise-scale software vendors looking for simpler and faster payments integrations. We solve…

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Keurig Dr Pepper reports strong Q3 results, raises 2021 guidance

October 28, 2021

Keurig Dr Pepper Inc. reported strong and balanced financial results for the third quarter, which ended Sept. 30, 2021 and raised its guidance for net sales…

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Columbus breweries offer ‘charcuterie’ vending machines

October 28, 2021

A pair of breweries in Columbus, Ohio are offering "charcuterie" vending machines that vend seafood, bread, meats, cheeses, and miscellaneous snacks, according…

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Bitcoin Latinum teams with OSO ATMs on crypto ATMs

October 28, 2021

Bitcoin Latinum, an asset backed cryptocurrency, has teamed with Arizona based OSO ATMs, an ATM provider, to install 100,000 Bitcoin Latinum ATMs across all…

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Coinsource introduces Spanish language bitcoin ATMs

October 28, 2021

Coinsource, a provider of bitcoin ATMs, has introduced Coinsource Primero en Español, a Spanish-language BTM initiative, according to a press release.

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#SelfServiceSummit Sponsor Preview: Cantaloupe, Inc.

Cantaloupe, Inc. is a software and payments company that provides end-to-end technology solutions for the unattended retail market. Cantaloupe's suite of…

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Coca-Cola boosts sales, earnings for Q3 2021

October 27, 2021

The Coca Cola Co. today reported strong third quarter 2021 results and year-to-date performance, according to an earnings release.

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Kraft Heinz lifts Q3 2021 earnings on sales decline

October 27, 2021

The Kraft Heinz Co. reported earnings gains on declining sales for the third quarter of 2021, which reflected growth in organic net sales on top of…

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Pandemic, demographic change drive sports betting, e-sports

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Appealing to younger audiences, sports betting exchanges and e-sports are also driving the growth of cryptocurrency and other digital assets.

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Sodexo improves earnings on 2021 sales decline

October 27, 2021

Sodexo reported a nearly 10% one-year decline in sales in fiscal 2021, but managed to improve earnings for the fiscal year ending Aug. 31, according to an…

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Robotic salad vending machine introduced in Orlando

October 27, 2021

EnjoyRise, based in Orlando, has introduced a robotic machine that allows users to customize salad bowls with base offerings and toppings, according to an…

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Luckin Coffee reaches $175M settlement in class action suit

October 27, 2021

Luckin Coffee, a pioneer in coffee vending and a competitor to Starbucks in China that filed for bankruptcy protection in February, reached a $175 million…

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Omnichannel integration: Have a game plan? Don't miss this SSIS panel

October 27, 2021

The explosion of e-commerce since the start of the pandemic has sent retailers scrambling to expand points of sale, including self-order kiosks, mobile…

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#SelfServiceSummit Sponsor Preview: Burroughs

Burroughs is the largest independent service provider for payment and transaction automation technologies in North America. We have 130+ years of experience…

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Crane improves Q3 2021 sales, earnings driven by payments, merchandising technologies

October 26, 2021

Crane Co. improved its sales and earnings for the 2021 third quarter ending Sept. 30, with payments and merchandising technologies leading the growth compared…

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Goldman Sachs bullish on One Step Vending CBD business

October 26, 2021

One Step Vending Corp., a holding company that trades over-the-counter under the symbol KOSK and focuses on the acquisition of disruptive business models, is…

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