News & Media
In the market for kitchen equipment? Avoid these mistakes
Kitchen equipment is costly. Making a long-term investment means proper planning. Use these tips to help avoid the most common mistakes.
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Cinema strikes back on heels of emerging entertainment models
An entertainment industry is emerging where movie studios and streaming services are converging with new business models that will integrate with the metaverse…
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Josh Rosenberg joins Automated Retail Technologies
August 8, 2022
Josh Rosenberg, former chair of the National Automatic Merchandising Association and former president of Pflugerville, Texas based Accent Food Services, has…
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Senate OKs Inflation Reduction Act: EV vehicle tax credit, climate incentives, taxes
August 8, 2022
On Sunday, the U.S. Senate passed the Inflation Reduction Act, a nearly $400 billion plan to address climate change and health care costs, and raise taxes on…
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Vending operator intros automated newspaper machines to Malaysia, Singapore
August 8, 2022
Atlas Vending, serving Malaysia and Singapore, has teamed with Media Mulia, a publishing house, to distribute newspapers in vending machines in transportation…
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NuZee commences public offering of common stock
August 8, 2022
NuZee Inc., a producer and co-packer of single-serve coffee formats, has commenced a public offering of 4.2 million shares of its common stock at a public…
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Massachusetts moves forward on sports betting
August 8, 2022
The Massachusetts Gaming Commission agreed to conduct public discussions this month to gather ideas from stakeholders to regulate sports betting in the state…
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Selecta lifts Q2 total sales, vending takes a hit
August 5, 2022
Selecta Group, Europe's leading route-based self-service retailer, lifted its net sales for Q2 2022 over the prior year period, but vending sales fell…
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Monster Beverage lifts Q2 2022 sales, earnings slide
August 5, 2022
Monster Beverage Corp. lifted its Q2 2022 sales against the prior year period but suffered an earnings loss as costs continued to increase, according to an…
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Tyson Foods to expand Illinois manufacturing plant
August 5, 2022
Tyson Foods Inc. broke ground on an expansion project at its Caseyville, Illinois prepared foods facility that will increase automation and create 250 new…
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Hershey boosts Q2 2022 results, beats expectations
August 5, 2022
The Hershey Co. lifted its Q2 2022 sales and earnings over the prior year period, surpassing analyst expectations and increasing its shareholder dividend…
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Crypto ATMs return to Japan
August 5, 2022
Cryptocurrency ATMs are returning to Japan, after a four-year hiatus. Gaia Co. Ltd. is deploying ATMs that will offer bitcoin, ether, Bitcoin Cash and…
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Consumers still concerned about touchscreen germs
August 5, 2022
Consumers are still concerned about using public touchscreens due to fears of germ transmission, according to a recent survey. Some are even changing their…
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Empire Equipment acquires California foodservice equipment wholesaler
August 5, 2022
Empire Equipment Co., based in Raleigh, North Carolina, has acquired Pacific Marketing Associates Inc. a wholesale distributor of commercial foodservice…
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Jones Soda lifts Q2 2022 revenue; earnings fall
August 5, 2022
Jones Soda Co. boosted its Q2 2022 revenue over the prior year period, while earnings fell due in large part to costs associated with the company's entry into…
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Carvana boosts Q2 2022 revenue, suffers earnings decline
August 5, 2022
Carvana, an e-commerce platform for buying and selling used cars online that offers a car vending machine, lifted its Q2 2022 revenue over the prior year…
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Nayax introduces POS tool to convert virtual assets to currency
August 4, 2022
Nayax Ltd. has introduced CoinBridge — a solution for the conversion of virtual assets, including customer rewards, points, gift cards, vouchers, cashback…
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Hostess Brands lifts Q2 2022 results, beats expectations
August 4, 2022
Hostess Brands Inc. lifted its Q2 2022 sales and earnings against the prior year period, driven by higher prices and favorable product mix, according to an…
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Middleby boosts Q2 2022 sales, surpassing expectations
August 4, 2022
Middleby Corp. boosted Q2 2022 sales against the prior year period, surpassing analyst expectations, while earnings declined. Highlights include:
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Kellogg's lifts Q2 2022 sales, surpasses expectations
August 4, 2022
Kellogg's sales rose nearly 10% in Q2 2022, as positive price/mix and in-market momentum in snacks, noodles and international cereal sales increased and were…
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