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News & Media

Utz Brands to acquire Great Lakes Festida for $41M

May 11, 2021

Utz Brands Inc., a manufacturer of branded salty snacks, has entered into an agreement with Great Lakes Festida Holdings Inc. and related entities, to acquire…

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Nestle Health Science to acquire hydration provider Nuun

May 11, 2021

Nestlé Health Science has agreed to acquire Nuun, a provider of functional hydration, for an undisclosed sum, according to a press release.

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Aramark taps Compass Group’s Kaericher for healthcare division

May 11, 2021

Bart Kaericher Aramark Corp. has named Bart Kaericher as president and CEO of Aramark's healthcare division, reporting to Marc Bruno, chief operating…

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Stern Pinball introduces Mandalorian inspired games

May 11, 2021

Stern Pinball Inc. has introduced pinball machines inspired by the Star Wars series, "The Mandalorian," streaming only on Disney+, according to a press…

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Aramark losses continue for Q2 2021 due to COVID, results beat analyst expectations

May 11, 2021

Second quarter revenue for Aramark Corp. declined from $3.7 billion in Q2 2020 to $2.8 billion in the second quarter ending April 2, 2021 as the company…

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Nuzee taps Farmer Brothers’ Jose Ramirez as chief sales and supply chain officer

May 11, 2021

Jose Ramirez Nuzee Inc., a producer and co-packer of single-serve pour-over coffee pouches and pourover drip cups, has named Jose Ramirez as its chief…

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Upstate Networks seeks partner to test cryptocurrency payment interface

May 11, 2021

Upstate Networks Inc., a Utica, New York based manufacturer of products interfacing kiosks and vending machines to PCs, is seeking a partner to test its…

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Primo Water Q1 2021 earnings fall despite revenue gain

May 10, 2021

Primo Water Corp., a provider of water direct to consumers and water filtration services in North America and Europe, as well as a provider of water…

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Mike DiGilio retires from AVS Companies

May 10, 2021

Mike DiGilio recently retired from his role as director of vending sales at AVS Companies, a vending equipment distributor based in Elk Grove Village…

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Tyson Foods boosts Q2 2021 sales, earnings

May 10, 2021

Tyson Foods Inc.'s sales increased from $10.9 billion in Q2 2020 to $11.3 billion in Q2 2021, according to an earnings release.

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Hostess Brands taps Tyson Foods’ Dan O’Leary as chief growth officer

May 10, 2021

Dan O'Leary Hostess Brands, LLC named consumer packaged goods veteran Dan O'Leary as chief growth officer, according to a press release.

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US Foods Q1 2021 sales dip, earnings improve

May 10, 2021

US Foods Holding Corp.'s net sales fell 0.7% from $6.34 billion in Q1 2020 to $6.3 billion in the quarter ending April 3, 2021, primarily as a result of the…

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Colombia protests snag coffee exports

May 10, 2021

Anti-government protests in Colombia are blocking coffee exports, according to a report in Sprudge, a coffee industry publication.

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Convenience services COVID recovery plan: acquisition versus organic growth

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Operators looking to recover their losses should decide whether they want to focus on acquiring other convenience services businesses, focus on organic growth…

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Content publishers, venues vie for dominance of exploding e-sports

by Kevin Williams

The impact of e-sports on the streaming and conventional broadcast media has become evident in e-sports events, while the adoption of e-sports venues to…

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Romans pan pizza vending machine

May 10, 2021

A recently introduced pizza vending machine has drawn lackluster reviews in Rome, according to a Reuters report.

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World Video Game Hall of Fame announces 2021 inductees

May 10, 2021

The World Video Game Hall of Fame has named its 2021 inductees: Animal Crossing, Microsoft Flight Simulator, StarCraft and Where in the World Is Carmen…

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Cardtronics shareholders approve NCR’s acquisition, reports Q1 2021 revenue loss, earnings gain

May 7, 2021

Cardtronics shareholders have approved the company's previously announced agreement to be acquired by NCR Corp., and it is expected to close in mid 2021…

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Conagra taps Unilever’s Eboli as EVP for supply chain

May 7, 2021

Alexandre "Ale" Eboli Conagra Brands Inc. has named of Alexandre "Ale" Eboli as executive vice president and chief supply chain officer, effective…

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General Mills to restructure; chief marketing officer to exit

May 7, 2021

General Mills Inc. announced a restructuring to better align its organization with strategic initiatives, according to a Minneapolis St. Paul Business Journal…

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