News
Arabica futures jump 76% in January
February 1, 2022
Arabica coffee futures ended January at $2.35 per pound compared to about $1.30 last year, ending 2021 76% higher than 2020, the largest one-year gain since…
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J&J Snack Foods posts Q1 2022 sales, earnings growth on post pandemic rebound
February 1, 2022
J&J Snack Foods Corp. boosted sales and earnings for Q1 2022 ending Dec. 25, 2021 driven by a post pandemic rebound, according to an earnings report.
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Croatian designer wins award for bread vending machine
February 1, 2022
A Croatian designer won an award for a branded bread vending machine, according to a total Croatia news report.
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Tab lovers continue fight to restore the brand
January 31, 2022
Tab fans, people who love the diet soda brand that Coke discontinued in 2020 as part of a brand reduction, are still trying to get the beverage giant to…
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Merlin Entertainments taps Aramark for foodservice in US, UK
January 31, 2022
Merlin Entertainments, a provider of location based entertainment, has named Aramark Corp. as its food and beverage partner for five locations in the U.K. and…
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Sargento Foods names officers
January 31, 2022
Sargento Foods Inc., a Plymouth, Wisconsin based cheese snack manufacturer, has named six new officers:
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Chinese equity firm gains control of Luckin Coffee
January 31, 2022
Centurium Capital, a private equity investment firm in China, has become the controlling shareholder of Luckin Coffee, having led a consortium to complete a…
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University of Michigan gets Black hair care product vending machine
January 31, 2022
The University of Michigan in Ann Arbor has become the latest location to have a hair care vending machine targeted at African Americans.
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EPA EnergyStar lists vending machines with low GWP refrigerants
January 31, 2022
The U.S. Environmental Protection Agency will list vending machines that utilize lower global warming potential refrigerants on the EnergyStar Product finder…
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2022: Arabica prices to drop, Robusta to rise
January 31, 2022
Arabica coffee prices are expected to decline in response to expanded production while Robusta prices will increase on account of rising consumer demand…
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Hormel Foods names VP/controller
January 28, 2022
Paul Kuehneman Hormel Foods Corp. has promoted Paul Kuehneman from assistant controller to the position of vice president and controller, according to…
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Pizza Hut in Israel tests robotic restaurant
January 28, 2022
A Pizza Hut in an Israeli mall has a robotic restaurant using technology from Hyper Food Robotics, according to a New York Tech Media report.
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Michigan apartment installs 'smart fridge' machines
January 28, 2022
The Battle Creek Community Foundation, which supports small businesses in Grand Rapids, Michigan, has installed three "smart fridge" type vending machines that…
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Philadelphia lawmaker seeks to repeal soda tax
January 28, 2022
David Oh, an at-large city council member, has introduced legislation to repeal the Philadelphia soda tax which taxes 1.5 cents-per-ounce of sugary drinks…
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Mondelēz Q4 2021 earnings fall on higher sales; FY results positive
January 28, 2022
Mondelēz International Inc. reported lower earnings against increased sales for Q4 2021, while full year 2021 results were positive, according to an earnings…
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John B Sanfilippo reports Q2 2022 earnings loss against sales gain
January 28, 2022
John B. Sanfilippo & Son Inc. reported an earnings loss against a sales gain for Q2 2022, according to an earnings release.
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Nayax updates mobile management app
January 27, 2022
Nayax Ltd., a global commerce enablement and payments platform designed to enable retailers to provide consumers with digital, cashless, connected commerce…
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DC e-sports/entertainment venue selects Aramark for foodservice
January 27, 2022
Monumental Sports & Entertainment, a sports and entertainment facility operator, has selected Aramark to operate a restaurant and bar for its "District E…
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Indiana jail gets Narcan vending machine
January 27, 2022
Overdose Lifeline, a non-profit organization, will install a Narcan vending machine to reverse the effects of opioid overdose at the Monroe County Correctional…
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Singapore water kiosk maker secures $100M investment
January 26, 2022
GEM Global Yield LLC, a Luxembourg-based private investment company, has committed SGD 135 ($100.39 million) in funding for Vending Machines International, a…
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