News
Worldline acquires Ingenico Group
October 30, 2020
Global payments provider Worldline has acquired Ingenico Group for an undisclosed sum, creating the largest European payment services provider, according to a…
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Betson installs 37-game arcade in Alabama
October 30, 2020
Betson Enterprises has installed a 37-piece game room at The Alley in Gadsden, Alabama, with plans to host a grand opening in late November, according to a…
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Keurig Dr Pepper inks distribution pact with Honickman in New York, New Jersey
October 30, 2020
Keurig Dr Pepper has signed a distribution agreement with The Honickman Companies that doubles KDP's volume in 18 counties serving 17 million people in New…
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Tigapo opens Pennsylvania location
October 30, 2020
Tigapo, a cloud-based arcade management and monetization system designed for coin-operated machines, opened its latest location, Clearview Lanes in Mt. Joy…
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Keurig Dr Pepper Q3 earnings beat expectations on 5.2% sales gain
October 30, 2020
Keurig Dr Pepper Inc. reported strong financial results for the third quarter ended Sept. 30, 2020 and strengthened guidance for the full year.
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COVID-19 delivers Sodexo a hefty loss for fiscal 2020
October 29, 2020
Sodexo, a Paris-based foodservices and facilities company, reported a net loss of 315 million euros ($370 million) for the fiscal year ending Aug. 31,compared…
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Kraft Heinz reports Q3 sales gain, surpasses expectations
October 29, 2020
The Kraft Heinz Co. net sales rose 6%, from $6.07 billion in 2019's third quarter to $6.4 billion for the quarter ending Sept. 26, 2020, despite an unfavorable…
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Kellogg’s Q3 earnings beat expectations, driven by organic growth
October 29, 2020
Kellogg's third quarter net sales increased nearly 2%, from $3.37 billion in 2019 to $3.43 billion in 2020, as the absence of approximately one month of…
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Hershey invests in natural foods provider Quinn
October 29, 2020
Quinn, a natural foods snack company, has closed on additional Series D funding including an undisclosed minority investment from The Hershey Co. in addition…
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Monster enters sports drink business with Superfuel
October 29, 2020
Monster is moving into the sports drink arena with its Superfuel line, featuring four flavors: Zero Sugar Fantasy Fruit, Tropical Thunder, Blue Ice and Purple…
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NY vending association urges lawmakers to extend tax exemption to help survive coronavirus
October 29, 2020
Members of the New York State Automatic Vending Association have sent letters to state lawmakers urging them to sustain the vending product sales tax exemption…
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Curtis introduces combo digital coffee brewer
October 28, 2020
Curtis, a member of the SEB Professional North America family of industry-leadng coffee and tea solutions, has introduced its G4 Combo Brewer digital…
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PayRange files second patent infringement suit against KioSoft
October 28, 2020
PayRange, which provides a mobile payment solution for unattended retail machines, has filed an additional patent infringement lawsuit against KioSoft…
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Shwan’s CEO Smyrnios becomes executive chairman of parent company
October 28, 2020
Dimitrios Smyrnios Dimitrios Smyrnios, CEO of Schwan's Co., has been named executive chairman of CJCJ Food Americas, according to a press release. As…
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LibertyX enables existing ATMs to exchange bitcoin for cash
October 28, 2020
LibertyX, which operates 5,000 ATMs that sell bitcoin, has enabled participating ATMs that allow customers to convert bitcoin into cash in seconds, according…
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Sodexo to cut 2,038 positions due to COVID-19
October 28, 2020
Sodexo, a Paris-based foodservice contractor, plans to cut 2,083 jobs as part of a financial restructuring on account of COVID-19, according to a Reuters…
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JM Smucker to sell Crisco business to B&G Foods for $550 million
October 27, 2020
The J.M. Smucker Co. has agreed to sell its Crisco oils and shortening business to B&G Foods, Inc. in a cash transaction valued at approximately $55…
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Keurig Dr Pepper changes its executive leadership team
October 27, 2020
Keurig Dr Pepper Inc. announced changes to its executive leadership team.
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Coca Cola's Costa Coffee rebrands Briggo
October 27, 2020
The Coca-Cola Co. has rebranded the Briggo website, having acquired the automated coffee machine business earlier this year, according to an email from The…
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Inspire Brands’ Dunkin’ bid a challenge to JAB’s coffee dominance?
October 27, 2020
Inspire Brands' bid for Dunkin' may mark the first salvo in a war for coffee dominance with JAB, which owns Peet's, Krispy Kreme, Stumptown and Intelligentsia…
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