Coffee Service News & Media
Danone improves Q3 2021 sales, plans to sell Denmark water business
November 19, 2021
Danone improved its sales in Q3 2021 over the prior year, according to an earnings release.
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South Florida vending/OCS veteran prepares for rebound
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Veteran Andy Kartiganer stays busy preparing his business for a return to growth when employers begin rehiring aggressively.
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Aramark improves sales, earnings for Q4 2021, nearing pre-COVID levels
November 16, 2021
Aramark Corp. improved its revenue and earnings for the fourth quarter of 2021, with organic revenue reaching 87% of pre-COVID levels, according to an earnings…
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COVID hammers Europe’s vending, coffee service sales 31%
November 15, 2021
Europe's vending and coffee service industries suffered a 31% revenue loss from 2019 to €12.3 billion ($14.01 billion) in 2020 due to COVID-19 lockdowns…
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Farmer Bothers improves Q1 2022 revenues, earnings
November 15, 2021
Farmer Brothers, a U.S.-based coffee foodservices company, reported improved sales and earnings for Q1 2022 driven by eased COVID restrictions, according to an…
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Product shortages, price hikes hammer convenience services
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Just as they were recovering from COVID-19, supply chain issues have socked convenience services operators with product shortages, price hikes and customer…
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Primo Water to exit single-use retail business, boosts Q3 2021 revenue
November 5, 2021
Primo Water Corp. will exit the North American single-use retail bottled water business as part of a strategy to increase profitability and further reduce its…
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Sodexo partners with For Five Coffee
November 1, 2021
Sodexo, a global provider of food services and facilities management, has signed an exclusive, 10-year partnership with For Five Coffee, a coffee and food…
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Starbucks: 'Pandemic to blame for disappointing China sales'
by Cherryh Cansler — Publisher, FastCasual.com
Starbucks reported Thursday that Q4 revenue fell short of expectations, thanks to a 7% drop in same-store sales in China.
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Keurig Dr Pepper reports strong Q3 results, raises 2021 guidance
October 28, 2021
Keurig Dr Pepper Inc. reported strong and balanced financial results for the third quarter, which ended Sept. 30, 2021 and raised its guidance for net sales…
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Nestle boosts sales 2.2% for 2021’s 9 months
October 20, 2021
Nestle SA reported a 2.2% sales gain for the firsts nine months of 2021, driven mostly by coffee sales, according to a financial report.
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Colombian coffee farmers default on sales
October 12, 2021
Colombian coffee farmers have been unable to deliver up to one million bags of coffee beans this year, about 10% of the nation's crop, leaving roasters…
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Aramark names Kim Scott president/CEO of uniform services
October 11, 2021
Kim Scott Aramark CEO John Zillmer announced today the appointment of Kim Scott as president and CEO of Aramark Uniform Services, effective…
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Primo Water acquires Polish water solutions firm
October 8, 2021
Primo Water Corp., a provider of sustainable drinking water solutions in North America and Europe, has acquired Get Fresh and its brand, Dar Natury, a water…
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Quench acquires Vero Water
October 5, 2021
Quench, a provider of filtered water solutions for businesses and dealer partners across the U.S. and Canada, has acquired Vero Water, a brand of still and…
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Primo Water names COO
October 1, 2021
Cate Gutowski Primo Water Corp., a provider of drinking water solutions in North America and Europe, has named Cate Gutowski as COO, effective Oct.
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Coffee deals abound on National Coffee Day
September 29, 2021
Consumers nationwide can get free coffee today, National Coffee Day, as coffee brands, coffee shops, convenience stores and restaurants are offering coffee…
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Single-serve coffee startup Bruvi raises $10.8M
September 22, 2021
Bruvi, a multi-beverage and multi-brand single-serve coffee system designed for both home and office use, has raised $7 million in pre-series A funding as of…
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Primo Water acquires stake in UK hydration station provider
September 17, 2021
Primo Water Corp., a provider of sustainable drinking water solutions direct to consumers in North America and Europe, has agreed to purchase a minority…
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Coffee Holding purchases $2.5M investment in plant-based protein drink
September 16, 2021
Coffee Holding Co. Inc. has made a $2.5 million dollar investment in OWYN, Only What You Need, a plant-based protein drink manufacturer that makes protein…
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