News
Sysco boosts Q2 results, misses bottom line expectations due to COVID
February 8, 2022
Sysco Corp. boosted sales and earnings for Q2 2022, but missed bottom line expectations on account of COVID, according to an earnings release.
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Chinese vending manufacturer secures $47M
February 8, 2022
Feng1, a China based vending machine manufacturer, has raised RMB 300 million ($47.1 million) in Series A, according to a 36Kr report.
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Coffee reserves continue downward trend, driving up prices
February 8, 2022
Coffee prices won't be falling in the near future as the amount held in reserve has reached a record low, according to a Bloomberg report.
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Coca-Cola Consolidated acquires North Carolina distribution rights
February 8, 2022
Coca-Cola Consolidated, Inc. has acquired the distribution rights for certain beverages sold and distributed by Coca-Cola Bottling Company Washington NC Inc.…
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Utz Brands finalizes Clem Snacks, J&D Snacks acquisitions
February 8, 2022
Utz Brands Inc. has completed the previously announced acquisitions of the assets of two existing third party direct store delivery distributors, Clem Snacks…
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TEEG opens New Zealand entertainment complex
February 8, 2022
Kingpin, an entertainment brand of The Entertainment and Education Group, also known as TEEG, will open its first international venue to on Feb. 10, 2022 in…
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Cowells-Arrow acquires Automatic Machine Services
February 8, 2022
Cowells-Arrow Bingo Co., the U.K. subsidiary of Arrow International Inc., has acquired the assets of Automatic Machine Services Ltd., a distributor of gaming…
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Tropicana Brands taps Mondelez's Glen Walter as CEO
February 8, 2022
Glen Walter Tropicana Brands Group has appointed Glen Walter as chief executive officer, effective March 2, 2022. The company, a recently formed joint…
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Darigold taps Mars veteran as CFO
February 8, 2022
Cor van den Berg Darigold Inc., the Seattle-based farmer-owned dairy co-op, has named Mars Inc. veteran Cor van den Berg chief financial officer…
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Tyson Foods delivers stellar Q1 2022 sales, earnings
February 7, 2022
Tyson Foods Inc. surpassed analyst estimates for Q1 2022 revenue and earnings, according to an earnings report.
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Mondelēz promotes Gustavo Valle to EVP/president, North America
February 7, 2022
Gustavo Valle Mondelēz International has promoted Gustavo Valle from executive vice president, Latin America, to executive vice president and…
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Chinese retail service provider installs vending for Olympics support staff
February 7, 2022
Missfresh Limited, a China based provider of retail services, has installed vending machines and provided food delivery for support staff stationed in…
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National Entertainment Network teams with Playtertainment on arcade ecosystem
February 7, 2022
Playtertainment, a provider of mobile connected reality gaming, is partnering with the National Entertainment Network, a retail amusement game and bulk vending…
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Compass Group reports strong Q1 2022 revenue growth
February 4, 2022
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported Q1 2022 revenue rose 38.6% over Q4 2021, according to a trading update ahead…
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Farmer Brothers tapers Q2 2022 loss on double digit sales gain
February 4, 2022
Farmer Brothers improved its loss on a 13.3% sales increase for Q2 2022 over Q2 2021, according to an earnings release.
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Coca-Cola Bottling Company United names new president/CEO
February 4, 2022
Michael Suco Coca-Cola Bottling Company United Inc. has promoted Michael Suco from senior vice president and chief commercial officer to president and…
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Nathan Annis to succeed retiring Fred Halvin as Hormel Foods development VP
February 4, 2022
Nathan Annis Fred Halvin, vice president of corporate development, will be retiring after a 37-year career at Hormel Foods Corp. Nathan Annis…
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Philadelphia installs first Narcan kiosk
February 4, 2022
The city of Philadelphia has installed its first Narcan kiosk, available 24/7 at the Lucien Blackwell Library on 52nd Street, to address the opioid crisis…
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Cantaloupe tapers Q2 2022 loss on 33% revenue boost
February 4, 2022
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, reduced its…
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Sega Amusements introduces Jumanji ticket redemption game
February 4, 2022
Sega Amusements International Ltd. has introduced its four-player, skill-based Jumanji ticket redemption game that allows players to take on the role as one of…
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