News
Study: Contactless transactions soared in vending during pandemic
August 9, 2022
Contactless transactions soared during the coronavirus pandemic, according to a joint study by Cantaloupe Inc., a digital payments and software services…
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Starbucks teams with Volvo on EV charging stations
August 9, 2022
Starbucks Corp., in partnership with Volvo Cars, has announced the first Starbucks store offering electric vehicle chargers powered by ChargePoint Holdings…
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Liberty Coca-Cola intros paper packaging to replace plastic rings
August 9, 2022
Liberty Coca-Cola Beverages has introduced its KeelClip paperboard packaging system that replaces the plastic ring holders on can multipacks, according to a…
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Keurig K-Cup consumers eligible for settlement
August 9, 2022
A settlement has been reached in a lawsuit known as Smith v. Keurig Green Mountain, Inc., Case No. 4:18-CV-06690-HSG, in United States District Court for the…
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Tyson Foods boosts Q3 2022 results
August 8, 2022
Tyson Foods Inc. lifted its sales and maintained earnings for Q3 2022 against the prior quarter, according to an earnings release. Highlights include:
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Luckin Coffee lifts Q2 2022 sales, names CFO
August 8, 2022
Luckin Coffee, a pioneer in coffee vending and a competitor to Starbucks in China, which last year entered into a restructuring support agreement with…
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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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