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News & Media

Middleby expands executive team

February 19, 2021

The Middleby Corp., a foodservice equipment manufacturer, has expanded its executive team with the following appointments, according to a press release:.

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Mars Wrigley robotic kiosk to serve shoppers in store

February 19, 2021

Mars Wrigley and Wakefern Food Corp., a retailer-owned cooperative, are teaming up with Savioke, a robotics provider, to introduce a robotic kiosk to deliver…

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Innovation In A Crisis Ensures Survival

The coronavirus pandemic has exposed weak spots in some businesses' strategies and forced them to innovate far faster than they might have otherwise. The…

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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'

by Cherryh Cansler

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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