News
Concessions International teams with Shift4 for airport foodservice
January 25, 2022
Concessions International, a provider of food and beverage solutions at U.S. airports and in the Virgin Islands, has partnered with Shift4, a provider of…
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iBrands Global acquires Vendx, InCharged
January 25, 2022
iBrands Global, a supply chain platform and brand collective, has acquired Vendx, an interactive, touchscreen vending machine provider, and InCharged, a cell…
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Cantaloupe upgrades Yoke micro market platform
January 25, 2022
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has upgraded…
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Visa warns retailers against ‘cashless ATMs’
January 25, 2022
Visa recently sent a memo to acquirers that it prohibits a scheme known as "cashless ATMs" whereby point-of-sale purchases are miscoded as ATM cash…
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Bitcoin of America surpasses 1,500 Bitcoin ATM deployments
January 25, 2022
Bitcoin of America, has now deployed more than 1,500 Bitcoin ATMs across the U.S. This coincides with multiple updates to the ATMs, including Ethereum…
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Fastenal improves Q4 and FY 2021 sales, earnings
January 25, 2022
Fastenal Co., provider in the wholesale distribution of industrial and construction supplies and industrial vending services, improved both sales and earnings…
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Crane boosts Q4 and FY 2021 results, adjusts 2022 earnings outlook
January 25, 2022
Crane Co. improved its sales and earnings for Q4 2021, despite a slide in year-over-year sales, according to an earnings report.
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Tyson Foods to cut 200 Kentucky jobs
January 24, 2022
Tyson Foods Inc. plans to slash 200 jobs at its Robards, Kentucky facility, with layoffs beginning next week, according to a tristatehomepage.com report. The…
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Kraft Heinz promotes Andre Maciel, Yang Xu to leadership roles
January 24, 2022
Andre Maciel The Kraft Heinz Co. has promoted Andre Maciel from senior vice president, U.S. CFO and head of digital transformation to executive vice…
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Utz Brands to acquire DSD distributors
January 24, 2022
Utz Brands Inc., a manufacturer of branded salty snacks, announced that its subsidiaries have entered into an agreement to acquire the assets of two existing…
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Japanese food, flower retailers add vending machines during pandemic
January 24, 2022
Frozen food and flower retailers are installing vending machines during the coronavirus pandemic, according to a report in thenewsmotion.com.
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Indiana deploys free naxolone vending machines
January 24, 2022
Residents can get free naxolone at a newly installed vending machine at Clark Memorial Health in Jeffersonville, Indiana, the first of 19 such machines planned…
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Study links coffee, tea to lower stroke, dementia risk
January 24, 2022
A recent study published in Plos Medicine indicated moderate coffee and tea intake reduces stroke, dementia and poststroke dementia risk, according to a report…
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Kraft Heinz finalizes Just Spices acquisition
January 21, 2022
The Kraft Heinz Co. has completed its previously announced acquisition of an 85% stake in Germany-based Just Spices GmbH, according to a press release.
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Nayax to acquire On Track Innovations for $4.5M
January 20, 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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Australia’s capital gets container recycling vending machine
January 20, 2022
Canberra, the capital of Australia, has its first reverse vending machine that recycles containers in return for cash, according to a Canberra Times report.
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Luckin Coffee to relist shares in the US
January 20, 2022
Luckin Coffee, a pioneer in coffee vending and a competitor to Starbucks in China that filed for bankruptcy protection in 2021, intends to relist its shares in…
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Foodservice, vending groups urge feds to restore employee retention tax credit
January 19, 2022
The National Restaurant Association and the National Automatic Merchandising Association were among 51 trade associations that sent a letter urging the Biden…
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Mondelēz releases State of Snacking report
January 19, 2022
Mondelēz International released its third annual State of Snacking report, a global consumer trends study examining year-over-year insights on how consumers…
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K1 electric kart race track opens in Ohio
January 19, 2022
K1 Speed, an electric kart race track, has expanded to Ohio in Canton, the first location to feature a hybrid indoor/outdoor track, electric go karts, an…
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