Coffee Service News & Media

Nestle acquires major stake in Yfood

April 7, 2023

Nestle SA has acquired a 49.95% stake in Yfood, a direct-to-consumer food startup that provides meal replacement beverages, powders and nutrition bars…

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Sodexo lifts half-year results on pandemic recovery

April 6, 2023

Sodexo, a Paris-based provider of food and convenience services, lifted its 2023 half year revenue and profit boosted by its post-COVID recovery, according to…

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In Memoriam: Thank you for your service, Tim Sanford

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Tim Sanford, who recently passed away, was not only an industry journalist but a true industry historian.

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Aramark Sports+ Entertainment to feature self-checkout technology at MLB stadiums

April 4, 2023

Aramark Sports + Entertainment, a hospitality provider at nine Major League Baseball stadiums, will welcome fans back to ballparks with state-of-the-art…

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Primo Water faces proxy fight

April 3, 2023

Legion Partners Asset Management LLC, a Primo Water Corp. shareholder that claims to own 1.5% of the company's outstanding shares, has encouraged shareholders…

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Illycaffe reports record growth in 2022

March 30, 2023

Consolidated revenue for illycaffè S.p.A., a Trieste, Italy-based specialty coffee company, rose a record 13.6% to €567.7 million ($619.4 million) in 2022 over…

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Coffee outlook: Demand strong amidst faltering consumer confidence

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Consumers still want to spend money on coffee, but some product preferences are changing and external macroeconomic factors are concerning.

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Sysco names Kenny Cheung CFO, promotes Neil Russell to new role

March 28, 2023

Neil Russell Sysco Corp. has named Kenny Cheung as chief financial officer, effective April 17, 2023, while Neil Russell, who has served as interim…

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Study links coffee to reduced diabetes risk

March 28, 2023

A new study confirms prior studies indicating a link between coffee consumption and a reduced risk of Type 2 diabetes, according to a medicalnewstoday.com…

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US Foods names Iacobucci SVP/field operations/CCO

March 24, 2023

Andrew Iacobucci US Foods Holding Corp. has promoted Andrew Iacobucci from chief transition officer to senior executive vice president, field…

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Mars Wrigley names India GM

March 23, 2023

Kalpesh Parmar Mars Wrigley, a division of Mars Inc., promoted Kalpesh Parmar from general manager of Mars Wrigley India to general manager for Mars…

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Study examines coffee's impact on heart rhythm

March 23, 2023

Consumption of caffeinated coffee did not result in increased episodes of premature atrial contractions, according to a study reported in the New England…

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How coffee vending machines work

by Sam Roberts — Digital Marketing Manager, Connect Vending

A convenience services veteran reviews the main components of coffee vending and office coffee equipment.

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Laxman Narasimhan takes over Starbucks CEO role

March 20, 2023

Laxman Narasimhan, who was named incoming CEO of Starbucks last year, has officially succeeded Howard Schultz as CEO.

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Selecta Group boosts 2022 sales, reduces loss boosted by pricing

March 16, 2023

Selecta Group, the Switzerland-based route service provider of convenience services, lifted its revenue in 2022 boosted by higher pricing and reduced its loss…

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Research links coffee to lower diabetes risk, less body fat

March 15, 2023

A new study supports previous research that coffee consumption can lower Type 2 diabetes risk, according to a New York Post report. The study, published in the…

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Diversification pays in Upstate NY: full-line vending, amusements, OCS, ATMs

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Valley Vending Service in Plattsburgh, New York has found diversification a way to shift focus as business conditions change. Technology has played a key role…

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Westrock Coffee boosts Q4, FY sales, earnings take a hit

March 15, 2023

Westrock Coffee Co. lifted its sales for Q4 and FY 2022 while suffering losses, according to an earnings report. Highlights include:

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Financial planning firm taps vending industry veteran Andy Hayes

March 14, 2023

Andy Hayes PWM Planning, a St. Louis, Missouri based financial planning company, has named Andy Hayes director of business development and…

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Gordon Food Service expands to Texas

March 13, 2023

Gordon Food Service, a foodservice distributor with operations in the U.S. and Canada, will open six stores in the greater Houston area to serve local…

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