Post-pandemic coffee demand soars

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The coffee industry has a big opportunity to promote out-of-home coffee given the consumer's rising coffee appreciation.

Coffee consumption linked to lower AF risk

August 17, 2022

A recent analysis points to a link between coffee consumption and a reduced risk of atrial fibrillation, according to a labroots.com report.

Class action lawsuit claims Nespresso warranty unlawful, seeks damages

August 12, 2022

A customer has sued Nespresso USA Inc. for requiring customers to use items and service from a particular company to keep their machine warranty coverage…

Aramark boosts Q3 2022 revenue over 2019 levels

August 9, 2022

Aramark Corp. lifted its Q3 2022 revenue and income over the prior year period as revenue surpassed pre-COVID fiscal 2019 levels across all three business…

Bevi secures $70M investment

August 9, 2022

Bevi, a provider of smart water coolers designed to offer a more affordable and environmentally sustainable alternative to bottled water and flavored seltzer…

Starbucks teams with Volvo on EV charging stations

August 9, 2022

Starbucks Corp., in partnership with Volvo Cars, has announced the first Starbucks store offering electric vehicle chargers powered by ChargePoint Holdings…

Keurig K-Cup consumers eligible for settlement

August 9, 2022

A settlement has been reached in a lawsuit known as Smith v. Keurig Green Mountain, Inc., Case No. 4:18-CV-06690-HSG, in United States District Court for the…

Luckin Coffee lifts Q2 2022 sales, names CFO

August 8, 2022

Luckin Coffee, a pioneer in coffee vending and a competitor to Starbucks in China, which last year entered into a restructuring support agreement with…

NuZee commences public offering of common stock

August 8, 2022

NuZee Inc., a producer and co-packer of single-serve coffee formats, has commenced a public offering of 4.2 million shares of its common stock at a public…

Sodexo launches Accelerator innovation lab in North America

August 3, 2022

Sodexo Live!, the hospitality partner to Paris based Sodexo Group, has partnered with innovation specialist L Marks to launch the Sodexo Live! Accelerator for…

JDE Peet’s boosts HY 2022 results as pandemic lockdowns lift

August 3, 2022

JDE Peet's, the Netherlands-based company owned by JAB Holdings that also owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, boosted its sales and…

Starbucks buzzed about Q3 earnings, despite loss in China

by Cherryh Cansler — Publisher, FastCasual.com

August 3, 2022

Inflation, increased labor costs, unionization efforts and a hit to the Chinese arm of the business did not keep Starbucks from beating Wall Street…

Refreshing USA teams with Smart Soda Holdings

August 2, 2022

Smart Soda Holdings Inc., a healthy beverages brand, has signed a $3 million investment and a strategic partnership with Refreshing USA, a convenience services…

FairWave acquires Up Coffee in Minneapolis

August 2, 2022

FairWave, a Kansas City, Missouri, collective of specialty coffee brands, has acquired Minneapolis-based Up Coffee Roasters for an undisclosed sum, according…

Convenience services business brokerage teams with valuation specialist

August 2, 2022

Shelia Darby VBB Advisors, a business broker in the convenience services industry, has partnered with Shelia Darby, MBA, Certified Valuation Analyst…

Danone lifts HY 2022 sales, earnings dip

July 29, 2022

Danone raised its 2022 outlook after reporting a sales boost for the year's first half, according to an earnings report. Highlights include:

Pentair completes acquisition of Manitowoc Ice from Welbilt

July 29, 2022

Pentair PLC, a leading provider of water treatment and sustainable solutions, has completed the previously announced transaction to acquire Manitowoc Ice, a…

Keurig Dr Pepper lifts Q2 2022 sales, earnings decline

July 28, 2022

Keurig Dr Pepper boosted sales for Q2 2022 over the prior year period while earnings declined, according to an earnings report. Highlights include:

Nestle boosts HY 2022 on price hikes; earnings slide

July 28, 2022

Nestle SA boosted its first half year 2022 sales close to 10% driven largely by price increases, while earnings suffered nearly a 12% decline, according to an…

Keurig Dr Pepper teams with BLK & Bold on K-Cups

July 28, 2022

Keurig Dr Pepper Inc. has teamed with BLK & Bold Specialty Beverages to launch BLK & Bold coffees in K-Cup pods for the Keurig brewing system…