News & Media
McKee Foods intros website uniting vending, foodservice
February 17, 2023
McKee Foods Corp., the parent company of Little Debbie snacks and Fieldstone Bakery, has united its vending and foodservice brands under one name, McKee…
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Nestle lifts 2022 sales on price hikes, suffers earnings decline
February 16, 2023
Nestle S.A. reported an earnings decline for 2022 despite higher sales boosted by price increases, according to an earnings report. Highlights include:
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US Foods boosts Q4, FY 2022 sales, earnings
February 16, 2023
US Foods lifted its Q4 and FY 2022 results on sales gains from independent restaurants and healthcare accounts, according to an earnings release. Highlights…
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Buffalo vending machine firm scores a hit with customized book machines
February 16, 2023
Global Vending Group, a Buffalo, New York based company that sells vending machines, has created a nationwide following among schools for its customized book…
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Five Star Food Service acquires Lincoln County Vending
February 16, 2023
Five Star Food Service Inc., a Chattanooga, Tennessee-based Canteen franchise convenience services operation, has acquired Lincoln County Vending, a Canteen…
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Study explores link between coffee and kidney disease
February 16, 2023
A new medical study has found the presence of a particular gene variant can result in coffee being three times more likely to cause kidney dysfunction…
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Pace-O-Matic names Paul Goldean CEO
February 15, 2023
Paul Goldean Pace-O-Matic Inc., a game machine manufacturer, has named Paul Goldean chief executive officer effective immediately, according to a…
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Nayax teams with TIBA on EV charging solution
February 15, 2023
Nayax Ltd., a global commerce enablement and payments platform designed to help merchants scale their business, has teamed with TIBA, a parking solutions…
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Sysco opens Kentucky facility, to employ 300
February 15, 2023
Sygma, a subsidiary of Sysco Corp., has opened a facility in Burlington, Kentucky, according to a local12.com report.
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Cantaloupe intros micro market kiosk for low-vision users
February 15, 2023
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has introduced a…
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Aisle 24: From vending to cashierless ‘grocery markets’
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Learning the convenience store business from the ground up, John Douang has developed a cashierless grocery market concept proving popular with education and…
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Coin Cloud operator files for bankruptcy
February 15, 2023
Cash Cloud, the operator of Coin Cloud cryptocurrency ATMs, has officially filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of…
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Metaverse game features energy drink vending machines
February 15, 2023
Riot Energy, maker of a plant-based energy drink, has found a novel way to market its products with vending machines — in a virtual store.
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India’s QR-enabled coin vending machine: Pros and cons
February 15, 2023
The recently-reported QR-code enabled coin vending machine in India drew the attention of a business journalist who considered the pros and cons of the unusual…
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Atlanta startup launches self-operated dry cleaner
February 15, 2023
Presso, an Atlanta-based startup, has introduced a self-operated dry cleaning machine that resembles a vending machine and is more economical than traditional…
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Farmer Bros boosts Q2 2022 sales, widens its loss
February 14, 2023
Farmer Bros. Co. lifted its Q2 2022 sales, which were boosted by price increases, but the company extended its loss over the prior year period, according to an…
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Kraft Heinz boosts Q2 2022 sales, earnings take a hit
February 14, 2023
Kraft Heinz Co. lifted its Q2 2022 sales, boosted by double digit organic sales growth while suffering a hefty earnings decline, according to an earnings…
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Global Payments to become Pavilion Payments
February 14, 2023
Parthenon Capital, a private equity firm, has agreed to acquire Global Payments Inc.'s gaming division and transition into Pavilion Payments, a stand-alone…
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Conn’s Potato Chip to continue Mikesell’s brand
February 14, 2023
Fans of Mikesell's potato chips need not despair the recently announced closing of the iconic brand, according to a report in The Cincinnati Enquirer.
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Coca-Cola lifts Q4, FY 2022 revenue; earnings dip
February 14, 2023
The Coca-Cola Co. lifted Q4 and FY 2022 revenue, boosted by strong organic growth, while income dipped, according to an earnings release.
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