News
SodexoMagic names Charles Johnson president
May 9, 2023
SodexoMagic, the joint venture between Sodexo and Magic Johnson Enterprises, has named Charles Johnson president, according to a press release.
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Tyson Foods posts Q2 2023 loss
May 8, 2023
Tyson Foods Inc. reported a loss for Q2 2023, citing a challenging meat market, according to an earnings report. Highlights include:
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Cantaloupe intros self checkout kiosks, smart stores
May 8, 2023
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions to power self-service commerce, has introduced…
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Self-checkout tip requests draw criticism
May 8, 2023
As self-checkout expands at retail, shoppers are noticing checkout screen requests for tips, requests that are causing some consternation among consumers…
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PayRange acquires Vagabond
May 8, 2023
PayRange Inc., a provider of a mobile payment app and hardware for automated retail, has acquired Vagabond, a mobile, cloud-based technology platform that…
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Olyns announces $4M funding round for AI-powered recycling tech
May 8, 2023
Olyns, a recycling technology firm, has announced results from its $4 million Series A funding round, according to a press release.
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Selecta teams with Aquablu to introduce sustainable hydration
May 8, 2023
Selecta Group, the Switzerland-based route service provider of coffee and convenience food solutions in Europe, has teamed with Aquablu, a Netherlands-based…
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New York extends tax exemption on vending purchases under $2
May 8, 2023
New York's state sales tax exemption for vending purchases less than $2 has been extended under the 2023/2024 state budget signed by the governor, according to…
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Maine considers banning single-use bottles on government grounds
May 8, 2023
The convenience services industry is working to prevent Maine from passing a law prohibiting single-use bottles on certain government property.
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DOE proposes energy saving standards for beverage vending machines
May 8, 2023
The U.S. Department of Energy has proposed regulations for beverage vending machines that it claims would reduce energy costs for American businesses by $2…
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Kellogg boosts Q1 2023 sales, earnings slide
May 5, 2023
Kellogg Co. lifted its Q1 2023 sales boosted by snacks and noodles and a continued rebound in North American cereal, according to a press release. Highlights…
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Carvana launches 2nd car vending machine near Chicago
May 5, 2023
Carvana, an e-commerce platform for buying and selling used cars online that offers a car vending machine, launched its newest car vending machine near…
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NCR enjoys increased revenue, net income in Q1
May 5, 2023
NCR Corp. announced revenue of $1.9 billion for the first quarter of 2023, up by 1% year-over-year and 4% on a constant currency basis. It also reported an…
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NCR appoints CEO-designates for planned separation into 2 companies
May 5, 2023
NCR Corp. has appointed CEO-designates Tim Oliver, current senior EVP and CFO, and David Wilkinson, EVP and president of NCR Commerce, for SpinCo and RemainCo…
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Jones Soda improves Q1 2023 earnings loss against sales decline
May 5, 2023
Jones Soda Co. improved its Q1 2023 earnings loss against a sales decline, according to an earnings report. Highlights include:
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Monster Beverage reports record Q1 2023 sales
May 5, 2023
Monster Beverage Corp. reported record sales in Q1 2023 over the prior year period, also raising its earnings, according to a press release. Highlights include:
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Transaction, subscription fees boost Cantaloupe Q3 2023 results
May 5, 2023
Cantaloupe Inc. lifted its Q3 2023 sales and earnings over the prior year period, citing record revenue in transaction fees and subscription fees, according to…
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Compass Group Canada names 2 COOs
May 4, 2023
Compass Group Canada promoted Michael Hachey and Ashton Sequeira to chief operating officer positions, according to a press release.
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Invenda partners with Ayden to boost digital payments
May 4, 2023
Invenda Group AG, a provider of automated retail technology, has teamed with Adyen, a financial technology platform, to incorporate a more efficient…
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Illycaffè reports strong Q1 2023 results
May 4, 2023
Illycaffè SpA, a Trieste, Italy-based specialty coffee company, reported double digit revenue growth for Q1 2023 over the prior year period, according to a…
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