News
Seaga/AMS names Mike Freund CEO; Steve Chesney to retire
December 7, 2022
Steve Chesney Steve Chesney, founder and CEO of Seaga Manufacturing Inc., will step down as CEO of Seaga/AMS and will remain chairman of the board…
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PepsiCo to lay off hundreds of workers
December 6, 2022
PepsiCo Inc. is laying off hundreds of employees at its North American snack and beverage units, according to a report in The Wall Street Journal, citing an…
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JM Smucker to build Ohio R&D facility
December 6, 2022
The J.M. Smucker Co., which owns Folgers, Dunkin' and other consumer brands, will construct an R&D facility focused on testing new product innovation and…
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PT Holdings rebrands, reorganizes as Parts Town Unlimited
December 6, 2022
PT Holdings, the parent company of Parts Town, a global provider of foodservice equipment parts, residential appliance parts, HVAC parts and related products…
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Second Nature Brands acquires Brownie Brittle
December 6, 2022
Second Nature Brands, a U.S.-based creator of better-for-you snacks controlled by CapVest Partners LLP, has acquired Brownie Brittle, a brownie snack brand…
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Arabica coffee prices dip, but future remains cloudy
December 6, 2022
Coffee prices have declined since August, but the future remains cloudy due to a number of factors, according to a report from The Food Institute.
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Coolgreens, Cash2Bitcoin among execs discussing profitability strategies at SSIS
December 5, 2022
With more sales channels reaching out for the consumer's dollar, convenience services has become more competitive than ever, and operators can no longer count…
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Aramark names Abigail Charpentier to replace retiring Lynn McKee as HR chief
December 5, 2022
Abigail Charpentier, right, will replace retiring Lynn McKee. Lynn McKee, executive vice president for human resources at Aramark Corp., has…
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Keurig Dr Pepper names R&D officer
December 5, 2022
Karin Rotem-Wildeman Keurig Dr Pepper Inc. has named Karin Rotem-Wildeman, Ph.D., to the position of chief research and development officer…
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Arizona mall offers library vending machine
December 5, 2022
Shoppers at The Mall at Sierra Vista in Sierra Vista, Arizona can now get library books from a glassfront vending machine provided by the Sierra Vista Library…
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Cantaloupe acquires Three Square Market for $41M
December 5, 2022
Cantaloupe Inc., a digital payments and software company, has acquired Three Square Market for $41 million, according to a press release. 32M is a provider of…
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Congress approves legislation to avert rail strike
December 5, 2022
Congress passed legislation last week to codify a contract with the railroads to avoid a rail strike and supply chain disruptions, according to the National…
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Saudi waffle vending machine provider teams with Belgian waffle maker
December 5, 2022
Siwar Foods, a Riyadh, Saudi Arabia-based manufacturer of waffles that offers waffle vending machines, has signed an agreement with Dely Waffles, a…
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Lieberman Companies acquires D&R Star in Minnesota
December 2, 2022
Lieberman Companies, a Bloomington, Minnesota based ATM distributor and processor that also operates an amusement machine and ATM route, has acquired…
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Analysts wary about Carvana’s future as share price tumbles
December 2, 2022
Carvana, an e-commerce platform for buying and selling used cars online that offers a car vending machine, faces an uncertain future as its share price has…
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Easy Ice acquires Cube Air Refrigeration
December 2, 2022
Easy Ice, a national provider of full-service ice machine subscription solutions, has acquired Cube Aire Refrigeration, an ice machine leasing and service…
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Vendors Exchange International continues Giving Machine campaign partnership
December 2, 2022
Vendors Exchange International Inc., a Cleveland based provider of solutions to the convenience services industry, has continued its partnership with the…
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Sodexo reorganizes into 3 geographic zones
December 1, 2022
Sodexo Group has reorganized its on-site services, effective Oct. 1, 2022, with regions and countries consolidated into geographic zones, according to a press…
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CoinFlip expands crypto ATMs to Puerto Rico
December 1, 2022
CoinFlip, a provider of cryptocurrency ATMs, has expanded to the Caribbean with four ATMs across Puerto Rico, according to a press release.
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SB22 introduces sports betting technology for kiosks
December 1, 2022
SB22, a Dallas-based sports betting gaming and software provider, has introduced K22, a technology that allows "ticket in-ticket out" functionality, according…
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