News & Media
Hershey lifts Q1 2022 sales, earnings on pricing, acquisitions
April 28, 2022
Hershey Co. improved its sales and earnings for Q1 2022 boosted by pricing and acquisitions, according to an earnings release. Highlights include:
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Keurig Dr Pepper leads funding for Tractor Beverage
April 28, 2022
Keurig Dr Pepper has agreed to lead a $60 million funding round for Tractor Beverage Co., a certified organic, non-GMO beverage line for foodservice…
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Jack Link’s to build $450M facility in Georgia, add 800 jobs
April 28, 2022
Jack Link's, a Minong, Wisconsin based manufacturer of beef jerky, will build a $450 million factory in Perry, Georgia, hiring 800 workers when it opens in…
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Axes.ai intros autonomous cashless casino platform
April 28, 2022
Axes.ai, a cashless solutions provider, has introduced Sovereign, a land-based casino environment fully integrated, autonomous cashless platform, according to…
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John B Sanfilippo Q3 2022 earnings dip on sales gain
April 28, 2022
John B. Sanfilppo & Son Inc. increased sales for Q3 2022 over the prior year period, but income declined due in part to inflation costs, according to a…
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Seattle Mariners’ T-Mobile Park to offer Amazon cashierless tech, palm recognition
April 27, 2022
Baseball fans will be able to use Amazon's Just Walk Out technology and Amazon One at T-Mobile Park this summer, according to a press release.
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Kellogg challenges UK food advertising restrictions
April 27, 2022
Kellogg has taken the U.K. government to court over a policy to restrict marketing products high in fat, salt and sugar, according to a Yahoo News report.
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Kraft Heinz lifts Q1 2022 earnings, adjusts outlook
April 27, 2022
The Kraft Heinz Co. improved its earning on a sales decline for Q1 2022 and raised its full year outlook, according to an earnings report. Highlights include:
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UK CS operator automates pricing labels
April 27, 2022
Vending Sense, a convenience services firm based in Hoddesdon, U.K., has automated its pricing labels using ECS's technology, according to a press release.
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Splash Beverage taps Wisconsin distributor for TapouT sports drinks
April 27, 2022
Splash Beverage Group Inc., a portfolio company of beverage brands, has teamed with New Berlin, Wisconsin-based Beechwood Sales & Service to distribute…
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FinGo vending machine uses vein mapping to verify age
April 27, 2022
FinGo, a London, U.K. based biometric identity authentication solutions provider, has introduced FinGoVend, a vending machine that allows users to pay and…
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Unattended retail explodes in response to consumer acceptance
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
A host of technologies and service concepts have come on the scene as of late. What entities will service the rising number of unattended retail sites?
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Crane reports Q1 2022 sales lift, will divest Canadian distribution
April 26, 2022
Crane Co., the parent company of Crane Merchandising Systems and Crane Payment Innovations, reported a slight revenue gain for Q1 2022 over the prior year…
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PepsiCo boosts Q1 2022 sales, earnings
April 26, 2022
PepsiCo Inc. reported improved revenue and earnings for Q1 2022 over the prior year's first quarter and raised its 2022 guidance, according to an earnings…
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Illycaffè introduces cold brew dispenser, RTD cold brew flavors
April 26, 2022
Illycaffè, a global provider of coffee and coffee brewers, introduced a cold brew dispenser system for the hospitality sector and two cold brew coffee…
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Tata Coffee profit falls on improved March sales
April 26, 2022
Tata Coffee, an India based multinational coffee provider, improved its net sales 11% from Rs. 591.23 crore in March 2021 to Rs 656.26 crore in March 2022…
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Coinme expands to Vermont in partnership with Coinstar
April 26, 2022
Coinme, a cryptocurrency/cash exchange in the U.S., will launch 23 bitcoin-enabled Coinstar kiosks located at select Shaw's, Hannaford Supermarkets and Tops…
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Survey opens for 2022 ATM, self-service software trends report
April 26, 2022
The survey is now open for the 2022 ATM and self-service software trends report. This is the 15th edition of this report, which is sponsored by KAL ATM…
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Reverse vending container recycling machines expand in Singapore
April 26, 2022
RVM Systems, a Sweden based manufacturer of "reverse" vending machines for recyclables, and Tomra, a Norway based manufactuer, are both expanding in Singapore…
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Mondelez to acquire Grupo Bimbo's confectionery business for $1.3B
April 25, 2022
Mondelēz International has agreed to acquire Grupo Bimbo's confectionery business, Ricolino, for approximately $1.3 billion, according to a press release.
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