Coffee Service News & Media
De Jong Duke taps Evoca’s Rafael Rosario
February 20, 2023
Rafael Rosario De Jong Duke, a Holland based coffee service equipment manufacturer, has named coffee service industry veteran Rafael Rosario as key…
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Costa Coffee taps Groupe SEB’s Philippe Schaillee as CEO
February 17, 2023
Philippe Schaillee Costa Coffee, a U.K.-based coffee brand the Coca-Cola Co. acquired in 2018, has named Philippe Schaillee CEO of the company…
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Nestle lifts 2022 sales on price hikes, suffers earnings decline
February 16, 2023
Nestle S.A. reported an earnings decline for 2022 despite higher sales boosted by price increases, according to an earnings report. Highlights include:
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US Foods boosts Q4, FY 2022 sales, earnings
February 16, 2023
US Foods lifted its Q4 and FY 2022 results on sales gains from independent restaurants and healthcare accounts, according to an earnings release. Highlights…
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Five Star Food Service acquires Lincoln County Vending
February 16, 2023
Five Star Food Service Inc., a Chattanooga, Tennessee-based Canteen franchise convenience services operation, has acquired Lincoln County Vending, a Canteen…
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Study explores link between coffee and kidney disease
February 16, 2023
A new medical study has found the presence of a particular gene variant can result in coffee being three times more likely to cause kidney dysfunction…
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Farmer Bros boosts Q2 2022 sales, widens its loss
February 14, 2023
Farmer Bros. Co. lifted its Q2 2022 sales, which were boosted by price increases, but the company extended its loss over the prior year period, according to an…
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Kraft Heinz boosts Q2 2022 sales, earnings take a hit
February 14, 2023
Kraft Heinz Co. lifted its Q2 2022 sales, boosted by double digit organic sales growth while suffering a hefty earnings decline, according to an earnings…
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What’s ahead for workplace coffee in 2023?
by Sam Roberts — Digital Marketing Manager, Connect Vending
Trends to watch in 2023 for office coffee: dual milk coffee machines, CBD coffee beans and brew, cold brew coffee and powdered non-dairy milk.
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Refreshing USA to merge with acquisition firm, become publicly traded
February 13, 2023
Refreshing USA, has teamed with Integrated Wellness Acquisition Corp., a publicly traded acquisition company, to merge under a Delaware corporation that will…
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Sodexo lifts Q1 2023 revenue 20%, boosted by post pandemic recovery
February 10, 2023
Sodexo SA, the Paris-based global food and facilities management provider, boosted its revenue 20.2%, from 5.26 euros ($5.61 billion) in Q1 2022 to 6.3 billion…
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Compass Group reports Q1 2023 24% revenue boost
February 10, 2023
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported that organic revenue rose 24% in the first quarter of 2023 in a conference…
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Aramark lifts Q4 2022 results driven by pricing, business growth
February 9, 2023
Aramark Corp. lifted its Q4 2022 revenue and earnings, boosted by pricing and business growth, according to an earnings report.
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Quench acquires Neptune Water Solutions
February 9, 2023
Quench, a provider of filtered water solutions for businesses and dealer partners across North America, has acquired Neptune Water Solutions of Vallejo…
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Performance Food Group lifts Q2 2023 results, Vistar sales jump 23%
February 8, 2023
Performance Food Group, which owns Vistar, a national convenience services wholesale distributor, reported improved results for Q2 2023 supported by inflation…
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Study links coffee consumption to lower blood pressure
February 8, 2023
A new study indicates consuming coffee daily results in lower blood pressure, the most recent study to point to beneficial health effects for coffee, according…
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Flowers Foods names Cindy Cox HR chief
February 7, 2023
Cindy Cox Flowers Foods Inc., which owns Mrs. Freshley's, Tastykake, Nature's Own and other brands, has named Cindy Cox chief human resources…
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Bluewater reports record 2022 sales for Flowater refill stations in North America
February 7, 2023
Bluewater, the Sweden-based hydration solutions and beverage brand, reported record sales for Denver, Colorado-based FloWater refill stations across North…
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Luckin Coffee returns to growth
February 6, 2023
Luckin Coffee Inc., which filed for bankruptcy protection in February of 2021, has rebounded and is in a growth mode, according to recent financial reports.
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UK soda tax credited with reducing girls' obesity
February 6, 2023
Researchers at the University of Cambridge in the U.K. claim a soda tax has assisted in preventing thousands of cases of obesity among girls 10 and 11 years…
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