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News & Media

Bitcoin Depot to install more than 350 crypto ATMs in US

May 3, 2021

Bitcoin Depot, a cryptocurrency ATM network, will launch more than 350 new crypto ATMs across the U.S., according to a press release The company has more than…

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Lavazza builds U.S. roasting and packing plant

May 3, 2021

Lavazza North America, part of global Italian coffee company Lavazza Group, begins construction of the first roasting and packing plant in the U.S., slated to…

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See’s Candies posts record quarter, driven by e-commerce sales

May 3, 2021

See's Candies, a Berkshire Hathaway owned manufacturer and retailer of chocolates, toffee, peanut brittle and lollipops, posted its best quarter ever for Q…

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How to choose an integrated e-commerce solution

by John Hickey

An integrated e-commerce solution provides an opportunity to increase sales and to create a positive experience with your brand from a sales, marketing and…

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‘Retail Apocalypse’ shakes global entertainment properties

by Kevin Williams

The seeds of upheaval in the retail entertainment industry predate the global health crisis, resulting in a slew of mergers, acquisitions and restructurings.

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Japanese vending machine specializes in deep-fried insects

May 3, 2021

Art Studio Wao, an event management company in Sasebo, Japan, has installed a vending machine that sells deep fried insects, including grasshoppers, cicadas…

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Coffee prices expected to continue to rise

May 3, 2021

Coffee prices have been rising during the pandemic, and will continue to go even higher, according to a Wall Street Journal report.

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Robojuice robotic smoothie kiosk adjusts licensing model

April 30, 2021

Robojuice, a self-service, robotic smoothie kiosk, has introduced a licensing model to enable operators to reach a break-even point faster, according to a…

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Pepsi Blue returns Monday following 17-year absence

April 30, 2021

Pepsi Blue will be returning to the market for the first time since 2004 on Monday, according to a Yahoo report. The berry cola will be available in 16-, 16.…

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Upton Naturals partners with Dot Foods for vegan meat alternatives

April 30, 2021

Vegan food manufacturer Upton's Naturals has teamed with Dot Foods, the food industry redistributor, to increase availability of the brand's 100% vegan meat…

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Compass Group acquires food delivery platform Eat Club

April 29, 2021

Compass Group North America, which owns Canteen, has acquired Eat Club, a Redwood City, California-based food delivery platform, according to a Crunchbase News…

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Kraft Heinz boosts sales, earnings for Q1 2021

April 29, 2021

Kraft Foods Inc.'s net sales rose 3.9% from $6.15 billion in Q1 2020 to $6.4 billion in the quarter ending March 27, 2021, according to an earnings report.

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Hershey posts sales and earnings gains for Q1 2021, surpasses expectations

April 29, 2021

The Hershey Co.'s net sales rose 12.8% from $2.04 billion in Q1 2020 to $2.29 billion in Q1 2021, resulting in net income including noncontrolling interest…

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Land O’Lakes boosts sales, earnings for Q1 2021

April 29, 2021

Land O'Lakes, Inc. boosted its net sales in Q1 2021, rising from $3.8 billion in Q1 2020 to $3.9 billion for the quarter ending March 31, 2021, while net…

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Popular pizza machine draws controversy in Scotland

April 29, 2021

A pizza vending machine in Glasgow, Scotland has become the center of controversy since city officials claim it should not have been installed in the first…

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Super Coffee taps Rosanna Godden as CFO

April 29, 2021

Super Coffee, the third leading bottled coffee brand in the US, behind Starbucks and Dunkin', has named Rosanna Godden chief financial officer and board…

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Keurig Dr Pepper boosts sales, earnings for Q1 2021

April 29, 2021

Keurig Dr Pepper Inc.'s net sales for the first quarter of 2021 ending March 31, 2021 increased 11.1% to $2.90 billion, compared to $2.61 billion in the year…

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Aramark to acquire Next Level Hospitality

April 29, 2021

Aramark Corp. has agreed to acquire Next Level Hospitality, a provider of culinary and environmental services in the senior living sector, specializing in…

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John B Sanfilippo boosts earnings as sales fall for Q3 2021

April 29, 2021

John B. Sanfilippo & Son Inc.'s net sales fell from $211.6 million for the third quarter of fiscal 2020 to $207.9 million for the third quarter of fiscal…

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LAI Games reinvents basketball game for 2021

April 28, 2021

LAI Games has reinvented its classic arcade basketball game, Slam 'n' Jam, in a new format for 2021. The game features a 32-inch HDTV backboard that augments…

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