News & Media
Campbell Soup to acquire Sovos Brands for $2.7B
August 8, 2023
Campbell Soup Co. has agreed to acquire Sovos Brands Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion…
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Five Star Food Service acquires Indiana company’s vending assets
August 7, 2023
Five Star Food Service Inc., A Canteen franchise headquartered in Chattanooga, Tennessee, has acquired the vending assets of Millstone Catering Group in North…
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Crane Payment Innovations debuts front access cash automation solution
August 7, 2023
Crane Payment Innovations, a division of Crane NXT, has introduced Paypod Compact, a front access cash automation solution for retailers seeking fully…
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Tyson reports Q3 2023 sales and earnings fall, will close 4 plants
August 7, 2023
Tyson Foods Inc. reported negative results for Q3 2023 against the prior year quarter and announced the closing of four chicken facilities, according to an…
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The amusement trade’s IP driven era charges forward
The amusement industry’s investments in IPs and brand licenses are not new, but the movement is expanding at a faster pace in a more media intensive consumer…
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ICX Summit early bird registration ends Aug. 11
August 7, 2023
Early bird pricing officially ends on Aug. 11 for the Interactive Customer Experience Summit from Sept. 11 to 13. The event is being held in tandem with the…
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NAMA objects to proposed energy efficiency standards for cold drink machines
August 7, 2023
The National Automatic Merchandising Association has asked the Department of Energy to reconsider a proposed plan that would raise energy efficiency standards…
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Reformed Maine bottle redemption program raises concern
August 6, 2023
Beverage brands have raised concerns about Maine's new bottle redemption program which raised the handling fee manufacturers pay to redemption centers from 4.…
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Shearer’s Foods up for sale
August 4, 2023
Shearer's Foods, one of the largest U.S. snack makers, has been put on the market with a potential valuation of more than $3 billion including debt, according…
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Keurig Dr Pepper names interim corporate affairs officer
August 4, 2023
Monique Oxender Keurig Dr Pepper has promoted Monique Oxender from senior vice president and chief sustainability officer to interim chief corporate…
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OutSnapped debuts AI photo booth for avatars and more
August 4, 2023
OutSnapped, a New York City-based physical and digital photo booth company, has launched its patent-pending photo booth technology using artificial…
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Five Star Food Service acquires Franks Vending in Tennessee
August 4, 2023
Five Star Food Service Inc., a Canteen franchise based in Chattanooga, Tennessee, has acquired Franks Vending, a vending and micro-market operator in Pulaski…
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Monster Beverage reports record Q2 sales
August 4, 2023
Monster Beverage Corp. reported record second quarter sales for Q2 2023 and boosted income in all segments, according to an earnings report.
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Stern Pinball names Jeremy Packer project artist
August 4, 2023
Stern Pinball Inc. has named Jeremy Packer, former principal at Zombie Yeti Studios, as project artist, according to a press release.
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Independent ATM operators receive approval to move ahead with antitrust case against Visa, Mastercard
August 4, 2023
The D.C. Circuit Court of Appeals approved a class action lawsuit made by independent ATM operators against Visa and Mastercard for allegedly violating…
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Selecta Group boosts Q2 2023 results
August 3, 2023
Selecta Group, the Switzerland-based route service provider of convenience services throughout Europe, improved its sales and profitability for Q2 2023 over…
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Sysco reports record Q4 and FY results
August 3, 2023
Sysco Corp. delivered record sales and earnings for both Q4 and full year 2023, boosted by improvement in both its U.S. and international foodservice segments…
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Kellogg lifts Q2 2023 results driven by snack sales
August 3, 2023
Kellogg improved its Q2 2023 results driven by sustained momentum in snacks, according to an earnings report.
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Middleby improves Q2 2023 sales, earnings
August 3, 2023
Middleby Corp. lifted its Q2 2023 sales and earnings over the prior year period, according to an earnings release.
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Lessing’s Hospitality acquires Division Hospitality
August 3, 2023
Lessing's Hospitality Group, based in Grand River, New York, has acquired Division Hospitality Group, a provider of food services to Catholic schools in the…
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