News & Media
Philippines' Landbank boosts ATM network by 23 branches
February 18, 2021
https://www.abs-cbn.com/corporate
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Hershey invests in plant-based startup to grow better-for-you category
February 18, 2021
The Hershey Co. is teaming up with ASR Group, a sweetener company, to co-lead an equity investment in Bonumose, Inc., a start-up company with innovations in…
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Hormel Foods reports record $2.5B sales for Q1 2021
February 18, 2021
Hormel Foods Corp. reported record net sales of $2.5 billion for the for the 2021 first quarter ending Jan. 24, 2021, up 3% over the $2.38 billion for the…
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Koios teams with Beauty Gourmet on canning facility
February 18, 2021
Koios Beverage Corp. is partnering with Beauty Gourmet LLC, a women's functional beverage company, to form Bevcreation LLC, which operates a commercial-scale…
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Industry loses Mickey Truck Bodies’ Rocky Barham
February 18, 2021
Rocky Barham, a member of the Mickey Truck Bodies team since 1977, passed away last month after a long illness. He was 64, according to a press release.
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Standard Cognition raises $150M, teams with Compass Group and Circle K on autonomous checkout
February 18, 2021
Standard Cognition, which provides an autonomous checkout solution that can be quickly installed in retailers' existing stores, has raised a $150 million round…
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Zippin installs checkout-free store in Japanese hotel
February 18, 2021
Zippin, a provider of checkout-free technologies for brick-and-mortar retail, has installed a hotel convenience store.
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PopShop Local to convert unused space into contactless shops for small businesses
February 18, 2021
PopCom, a provider of vending and kiosk solutions, has launched PopShop Local, a program that helps small businesses sell products in hotels, airports and…
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Coffee Day Enterprises seeks new buyer for vending business
February 18, 2021
Tata Consumer Products' previously reported bid for Coffee Day Enterprises vending business has apparently fallen through, as Coffee Day's lenders are…
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Foodservice operators: 'Not the right time for wage boost'
The National Restaurant Association has asked Congress to reject a proposal to raise the federal minimum wage to $15 per hour.
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Second generation emerges at expanding Albany OCS provider/brewer importer
February 17, 2021
The second generation of Nachtriebs have assumed key roles at Chris' Coffee Service, an Albany, New York based OCS provider and brewer importer, according to a…
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Adventure video provider develops kiosk app to assist sales
February 17, 2021
Revl, a company that provides Internet hosted videos for capturing outdoor adventure experiences, has developed a kiosk application that allows guests to view…
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Alkaline Water posts 20% Q3 2020 revenue gain, improves loss
February 17, 2021
The Alkaline Water Co. Inc., a producer of bottled alkaline drinking water, flavor-infused waters, and CBD infused products sold under the brand name…
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COVID-19 delivers US Foods Q4 2020 sales and earnings losses
February 17, 2021
US Foods Holding Corp. sales decreased 11.5% from $6.93 billion in 2019's fourth quarter to $6.1 billion for the quarter ending Jan. 2, 2021, according to an…
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One Rock Capital/Metropoulos to acquire Nestle Waters NA for $4.3B
February 17, 2021
One Rock Capital Partners, LLC, in partnership with Metropoulos & Co., have agreed to purchase Nestlé Waters North America North America, from Nestlé S.A.…
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COVID-19 hammers Coffee Holding’s 2020 sales and earnings
February 16, 2021
Coffee Holding Co., a wholesale coffee roaster and dealer, reported its net sales totaled $74.3 million for the fiscal year ended Oct. 31, 2020, a decrease of…
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Family Entertainment Group names Paris and Kerr to VP roles
February 16, 2021
Family Entertainment Group, a designer, developer and operator of family-oriented entertainment and amusement gaming facilities, has named Steve Paris and…
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Flowater installs touchless, self-sanitizing water stations to prevent COVID-19 in schools nationwide
February 16, 2021
Flowater has accelerated its rollout of its fully "touchless," self-sanitizing Flowater refill stations to replace old water fountains in schools nationwide…
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UK foodservice wholesaler beats pandemic by pivoting to at-home market
February 16, 2021
JJ Foodservice, an Enfield, U.K.-based foodservice wholesaler, managed to thrive during the coronavirus pandemic by expanding for the first time into the…
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Grupo Bimbo invests in Rule Breaker Snacks
February 16, 2021
Bimbo Ventures, the venture capital arm of Grupo Bimbo with operations in 33 countries, has made a minority investment in Rule Breaker Snacks, according to a…
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