Coffee Service News & Media
Luckin Coffee announces restructuring agreement
June 15, 2021
Luckin Coffee Inc., which filed for bankruptcy protection in February, has entered into a restructuring support agreement with holders of the company's $46…
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Quarterly sales, earnings fall for Coffee Holding
June 14, 2021
Net sales for Coffee Holding Co., a wholesale coffee roaster and dealer, fell 28% from $20.01 million in for the three months ending April 30, 2020 to $14.…
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Proposed DC soda tax withdrawn
June 14, 2021
The sponsor of a proposal to add a 1.5-cent-per-ounce excise tax on sugary beverages in Washington, D.C. has withdrawn the measure due to in sufficient…
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Illycaffè plans US expansion
June 14, 2021
Illycaffè SpA, a Trieste, Italy-based specialty coffee company, plans to add more Illy Caffè shops this year in the U.S. to increase its share of the market…
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Cold brew coffeemaker uses ‘microcavitation’
June 11, 2021
Osma, a Fremont, California-based designer and manufacturer of a cold brew coffee maker, uses harmonics and recirculation to cold-extract flavor and aroma…
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Canteen embraces FRIIA POS water system
June 10, 2021
Canteen Vending Services has embraced the FRIIA point-of-use water system for hot, cold and sparkling water, an alternative to bottled water coolers from Marco…
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Quench acquires Florida water service firm
June 10, 2021
Quench, a provider of filtered water solutions for businesses and dealer partners across the U.S. and Canada, has acquired LaPure Water, a point-of-use…
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Is specialty coffee on a post-pandemic rebound?
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Research indicates that the pandemic led to a decline in specialty coffee consumption, which holds an important role in overall coffee consumption. Coffee…
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Illycaffè introduces single-serve brewer
June 8, 2021
Illycaffè, a coffee provider, has released the Y3.3 Iperespresso espresso and coffee machine. The machine is the company's latest addition to its line of…
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Keurig Dr Pepper announces secondary common stock offering on Mondelez's behalf
June 8, 2021
Keurig Dr Pepper has announced a public secondary offering of 28 million shares of the company's outstanding common stock, on behalf of Mondelēz International…
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ICO coffee price indicator surges to early 2017 level
June 7, 2021
The International Coffee Organization's coffee price composite indicator jumped 10.4% in May, to 134.78 cents per pound, marking the highest level since…
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JM Smucker's Q4 2021 sales, earnings tumble
June 3, 2021
The J.M. Smucker Co., which owns Folgers and other brands, reported net sales decreased 8% from $2.09 billion in Q4 2020 to $1.92 billion in the three months…
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Debbie Albert returns to Aramark as SVP/corporate communications
June 3, 2021
Debbie Albert has been named Aramark's senior vice president, corporate communications, reporting to John Zillmer, Aramark CEO, according to a press…
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Pandemic recovery recharges Rochester operation's technology focus
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Martk Houseknecht is confident Crickler Vending will reclaim its position as a technology leader in convenience services as the business recovers from COVID-19.
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WeWork to deploy touchless coffee machines in London
June 1, 2021
WeWork, the commercial real estate company, plans to introduce touch-free coffee machines in all its London offices, according to a Business Insider report.
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Oat milk maker Oatly raises $1.4B in IPO
May 26, 2021
Oatly, a Sweden based manufacturer of oat milk, raised $1.4 billion in an initial public offering Thursday on the Nasdaq stock exchange, according to an…
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21 sales prospecting tips for convenience services
by Amanda Puppo — CEO, MarketReach Inc.
A comprehensive list of considerations for convenience services selling.
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Feds recall 'Real Water' over reported death, illness
May 24, 2021
Federal authorities have issued a recall of Las Vegas-based Real Water, a bottled water brand, and ordered the company, AffinityLifestyles.com Inc., to provide…
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Research links coffee consumption to longer life
May 24, 2021
Consuming more than three cups of coffee per day can decrease the risk of "all cause mortalitiy," according to recent research from South Korea published in…
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NCA Data Trends Study: Pandemic softened specialty coffee consumption
May 20, 2021
Specialty coffee, which has been a driver of coffee consumption in recent years, took a hit during the coronavirus pandemic, according to the National Coffee…
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