Coffee Service News & Media
SCB Global Java Holdings acquires White Tale Coffee, names CEO
May 28, 2020
SCB Global Java Holdings LLC has acquired White Tale Coffee and named Robert Novick as CEO, according to a press release.
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Coffee Fests canceled in Anaheim, Chicago due to COVID-19
May 27, 2020
The 2020 Coffee Fests in Anaheim, scheduled to take place August 9-11 in Anaheim and Aug. 28-30 in Chicago, have been cancelled on account of COVID-19…
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Aramark expands on new protocols for reopening locations
May 27, 2020
Aramark recently announced some enhancements to its Eversafe operational safety platform recently launched in partnership with the Jefferson Health, an expert…
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Pandemic hammers foodservice coffee sales; outlook uncertain
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Long-term, foodservice will continue to struggle to recover from COVID-19, as consumers will increase their economy focused spending. The lingering impact of…
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How specialty coffee businesses adapt to a 'new normal'
May 22, 2020
Specialty coffee businesses are managing to adapt to a "new normal" during the COVID-19 pandemic, according to a report released by the Specialty Coffee…
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Keurig Dr Pepper announces pricing of secondary common stock offering
May 21, 2020
Keurig Dr Pepper announced today the pricing of its previously-announced registered public secondary offering of 40.0 million shares, or approximately 2.8%, of…
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JDE Peet's Coffee to seek IPO to raise $764 M
May 19, 2020
JDE Peet's Coffee, which is owned by JAB Holdings and owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, said on Tuesday it will try to to raise 70…
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Shelter-in-place mandates push Keurig Dr Pepper's business
May 19, 2020
Keurig Dr Pepper has seen a spike in demand, first due to pantry loading and now because of strong replenishment demand due to shelter-in-place mandates…
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Nuzee announces public offering
May 15, 2020
NuZee Inc., a single-serve pour-over coffee producer and co-packer, has announced a public offering of shares of its common stock on the Nasdaq Capital Market…
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Nestle Waters plans new distribution facility
May 15, 2020
The Yorktown, New York planning board has approved plans for a Nestlé Waters distribution center that could bring 60 jobs to Yorktown, according to a Yorktown…
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NAMA webinar today to address coping with COVID-19
May 14, 2020
Convenience services industry leaders take the virtual stage today in a free, 20-minute 2 p.m. EST webinar designed to share straight talk on what they're…
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Self service coffee pioneer Luckin Coffee dismisses top officials over accounting scandal
May 13, 2020
China's Luckin Coffee, a self service pioneer considered to be China’s top rival to Starbucks, has dismissed two of its top executives over an accounting…
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Survey says over 80% of U.S. small businesses expect long-term impact from pandemic
May 11, 2020
San Francisco-based Veem, a global payments network, surveyed 630 small business companies on a variety of issues regarding how the coronavirus has affected…
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Northern Trust provides $100 million to support small business
May 11, 2020
Northern Trust Corporation is providing $100 million in low-cost funding to assist Community Development Financial Institutions in providing loans to small…
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Convenience services leaders: Use the downtime to boost customer communication
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
The COVID-19 outbreak has provided companies an opportunity to enhance communication outreach and establish stronger customer relationships. This marks an…
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Farmer Brothers reports 12% Q3 net sales fall
May 8, 2020
Farmer Bros. Company reported net sales were $129.1 million, a decrease of $17.5 million, or 12%, from the prior year period for its third fiscal quarter which…
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Primo Water reports 11% Q1 revenue gain
May 8, 2020
Primo Water Corp. reported revenue increased 11% in the first quarter (increased by 13% excluding the impact of foreign exchange and the divested Cott…
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NAMA releases guidelines, checklists for returning to full operations
May 6, 2020
The National Automatic Merchandising Association has released guidelines, including checklists, for operators working to keep break rooms safe, according to a…
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Convenience services industry video reinforces industry’s commitment to safety
May 6, 2020
The convenience services industry banded together nationwide to send a powerful message of support to America's businesses in a 2-minute video produced by Vend…
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Aramark reports 6.7% revenue decline for second quarter
May 5, 2020
Aramark's consolidated revenue declined 6.7% year-over-year for the second quarter to $3.7 billion, with underlying growth in the overall business more than…
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