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Coffee Service News & Media

Convenience services COVID recovery plan: acquisition versus organic growth

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Operators looking to recover their losses should decide whether they want to focus on acquiring other convenience services businesses, focus on organic growth…

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COVID continues to hammer Farmer Brothers sales, earnings in Q3 2021

May 7, 2021

Farmer Bros Co. net sales fell 27.9% from $129.14 million in Q3 2020 to $93.15 million for the quarter ending March 31, 2021, driven primarily by lower sales…

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Florida elementary school installs touchless water refill stations

May 5, 2021

The Edward A. Upthegrove Elementary School in LaBelle, Florida, has installed three touchless water refill stations paid for by the Parent Teacher Organization…

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Steeped Coffee adds La Colombe to its single-serve steeped brew offerings

May 4, 2021

Steeped Coffee has added La Colombe Coffee Roasters to its lineup of brands available in its single-serve steeped brewing method, according to a press release.

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Illycaffè posts profit in 2020 on homeowner and e-commerce sales

May 4, 2021

Illycaffè SpA reported profits for 2020 despite the COVID-19 pandemic, as home consumption and e-commerce sales partially offset a decline in the out-of-home…

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Nuzee names CMO

May 3, 2021

Tomoko Toyota Nuzee Inc. a U.S. producer and co-packer of single-serve pourover coffee pouches and pourover drip cups, has named Tomoko Toyota as its…

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Lavazza builds U.S. roasting and packing plant

May 3, 2021

Lavazza North America, part of global Italian coffee company Lavazza Group, begins construction of the first roasting and packing plant in the U.S., slated to…

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How to choose an integrated e-commerce solution

by John Hickey

An integrated e-commerce solution provides an opportunity to increase sales and to create a positive experience with your brand from a sales, marketing and…

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Coffee prices expected to continue to rise

May 3, 2021

Coffee prices have been rising during the pandemic, and will continue to go even higher, according to a Wall Street Journal report.

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Compass Group acquires food delivery platform Eat Club

April 29, 2021

Compass Group North America, which owns Canteen, has acquired Eat Club, a Redwood City, California-based food delivery platform, according to a Crunchbase News…

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Land O’Lakes boosts sales, earnings for Q1 2021

April 29, 2021

Land O'Lakes, Inc. boosted its net sales in Q1 2021, rising from $3.8 billion in Q1 2020 to $3.9 billion for the quarter ending March 31, 2021, while net…

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Super Coffee taps Rosanna Godden as CFO

April 29, 2021

Super Coffee, the third leading bottled coffee brand in the US, behind Starbucks and Dunkin', has named Rosanna Godden chief financial officer and board…

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Keurig Dr Pepper boosts sales, earnings for Q1 2021

April 29, 2021

Keurig Dr Pepper Inc.'s net sales for the first quarter of 2021 ending March 31, 2021 increased 11.1% to $2.90 billion, compared to $2.61 billion in the year…

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Aramark to acquire Next Level Hospitality

April 29, 2021

Aramark Corp. has agreed to acquire Next Level Hospitality, a provider of culinary and environmental services in the senior living sector, specializing in…

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EVA launches vending, coffee solutions ‘hub’

April 28, 2021

The European Vending Association will host its Vending & Coffee Solutions Hub, a virtual platform where participants can meet European industry players…

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Starbucks CEO: 'US sales have fully recovered'

by Cherryh Cansler — Publisher, FastCasual.com

Starbucks CEO Kevin Johnson not only outlined the five consumer behaviors driving the chain's strategy but also revealed how artificial intelligence and store…

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California calls on Nestle Waters to reduce spring water intake

April 26, 2021

California regulators issued a cease and desist order on Friday to Nestle Waters, now operating under the name Blue Triton Brands, to reduce its take of…

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COVID boosts Groupe SEB Q1 2021 consumer sales, clips professional coffee

April 23, 2021

Groupe SEB, parent company of Wilbur Curtis in the U.S., reported sales in the first quarter of 2021 of €1.85 billion ($2.22 billion) up 27.4% as compared to…

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Nestle posts strong growth for Q1 2021

April 22, 2021

Nestle SA reported its strongest sales quarter in 10 years today for Q1 2021, boosted by coffee, home baking products and pet care, according to a Reuters…

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Pentair to acquire Ken’s Beverage

April 21, 2021

Pentair PLC, a provider of water treatment and sustainable solutions, has agreed to acquire the assets of Ken's Beverage Inc., a provider of beverage equipment…

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