News & Media
U-Select-It introduces PPE merchandiser with contactless payment
April 30, 2020
U-Select-It Inc., a vending equipment manufacturer, has introduced Sani-Center PPE Merchandiser, according to a press release. The Sani-Center PPE…
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USA Technologies moves annual meeting to May 21 to update proxy materials
April 30, 2020
USA Technologies Inc. has postponed its annual shareholders meeting from today to May 21 in order to update and distribute proxy materials that incorporate the…
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Dunkin' Brands pulls off Q1 EPS feat by beating analysts estimates
April 30, 2020
Dunkin' and Baskin-Robbins parent, Dunkin' Brands Group Inc., pulled off a first quarter surprise, reporting adjusted earnings of 67 cents, that beat analysts…
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Will COVID-19 make convenience services a preferred shopping destination?
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Conveniences services leaders agree that the coronavirus pandemic is making consumers more inclined to use unattended retail solutions, but there was less…
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PPP loans perplex borrowers: Experts offer guidance
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
A Tuesday webinar sponsored by the American Amusement Machine Association attempted to give guidance to companies trying to navigate the process of applying…
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Starbucks fiscal Q2 earnings hit by COVID-19
by David Jones — Editor, Networld Media Group
April 29, 2020
Starbucks Corp., one of the first global companies to feel the sting of COVID-19, reported a 47% drop in earnings during its fiscal second quarter, yet managed…
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J & J Snack Foods reports sales decline in Q2
April 29, 2020
J & J Snack Foods Corp. sales decreased 2% in the second quarter, to $272.0 million, compared to $276.3 million in last year's second quarter, according to…
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Mondelez reports 2.6% gain in Q1 net revenue
April 29, 2020
Mondelēz International, Inc. reported net revenues increased 2.6% in the first quarter driven by organic net revenue growth of 6.4% offset by unfavorable…
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Illycaffe expands aluminum capsules for Nespresso machines
April 29, 2020
illycaffè introduced its expanded line of aluminum capsules compatible with Nespresso Original coffee machines. Now also available is Decaffeinato espresso…
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Judge’s ruling to allow Nestle to extract more Michigan water
April 29, 2020
A Michigan judge upheld a permit that allows Nestle to increase the amount of groundwater it extracts for its Ice Mountain bottled water brand, according to an…
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Belgian city develops fresh food machine to minimize COVID-19 risk
April 29, 2020
The Belgian city of Leuven has developed a mobile food vending machine to allow customers to purchase products from local farmers safely right from the farmer…
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NAMA webinar Thursday to feature 3 operators
April 29, 2020
The National Automatic Merchandising Association will hold a webinar at 2 p.m. ET on Thursday featuring three operators: Niki Morton, executive vice president…
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PepsiCo to distribute Bang Energy drinks
April 28, 2020
PepsiCo Inc. and Vital Pharmaceuticals Inc., a manufacturer of Bang Energy drinks, today announced they have entered into an exclusive alliance for PepsiCo to…
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Keurig Dr Pepper reports 4.4.% Q1 net sales gain
April 28, 2020
Keurig Dr Pepper Inc. reported net sales in the first quarter of 2020 increased 4.4% to $2.61 billion, compared to $2.50 billion in the year-ago period…
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Small businesses prepare for second chance at SBA loans
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Businesses that lost out on the first round of funding from Small Business Administration loans for relief from the coronavirus pandemic have been given a…
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Aramark closes private offering of $1.5 billion in senior unsecured notes
April 28, 2020
Aramark has closed its private offering of $1.5 billion aggregate principal amount of 6.375% senior unsecured notes due 2025, according to a press release.
read nowComponenti Vending introduces OEM component coffee grinders
April 28, 2020
Series 252 Componenti Vending S.p.A. has introduced its new OEM component coffee grinders, series 256 Flatt Mill and series 252 conical mill. These…
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NAMA announces virtual advocacy summit, 'fly-out' legislative assistance
April 28, 2020
The National Automatic Merchandising Association will host a virtual advocacy summit this year with lawmakers rather than the usual fly-in to Washington, D.C.
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AMOA asks lawmakers to improve PPP loan program
April 28, 2020
Lori Schneider, executive vice president of the Amusement and Music Operators Association, sent a letter to federal lawmakers to thank them for establishing…
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Betson teams working at limited capacity
April 28, 2020
Betson has advised customers that its parts, service, customer service and Raw Thrills support teams are currently open in a limited capacity, according to an…
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