JM Smucker boosts guidance on Q1 2021 sales and earnings growth

August 25, 2020

The J.M. Smucker Co. boosted its guidance for the year as sales increased 11% from $1.77 billion to $1.97 billion for the first quarter of its 2021 fiscal…

Community Coffee Company to add facility to support expansion

August 20, 2020

Community Coffee Company, a Baton Rouge, Louisiana-based coffee roaster, coffee service operator, wholesaler, retailer and coffee foodservice distributor, will…

Colorado roaster to introduce contactless, self-serve robotic barista

August 20, 2020

A Blackhawk, Colorado coffee roaster has developed a robotic barista that will be available to customers next month, according to a 303magazone.com report.

Coffee consumption could help reduce liver related deaths, study finds

August 19, 2020

Drinking more coffee could prevent liver related deaths, according to a report in Alimentary Pharmacology and Therapeutics, according to a Fox News report.

Royal Cup Coffee promotes Leonard to senior VP of HR

August 18, 2020

Heather Leonard Royal Cup Coffee & Tea, a Birmingham, Alabama-based importer, roaster and distributor of coffees and teas, has promoted Heather…

CafeX closes robotic coffee bars

August 13, 2020

CafeX, a robotic coffee bar that can serve more than 10 orders simultaneously within minutes, has shut down its San Francisco and San Jose airport operations…

Primo Water acquires Mountain Glacier

August 12, 2020

Primo Water Corp., a provider of water direct to consumers and water filtration services in North America and Europe as well as a provider of water dispensers…

Medical journal: caffeinated coffee doesn't raise risk for certain cancer types

August 11, 2020

Consumption of caffeinated coffee does not increase the risk for various cancers, according to a review in The New England Journal of Medicine, reported…

JDE Peet's reports lift in at-home sales, decrease at cafes

August 10, 2020

Global coffee company JDE Peet's reported a 12% boost in profits and a 2.9% drop in sales for the first half of 2020, with at-home business expanding at the…

Toronto OCS firm acquires grocery/pantry services provider

August 7, 2020

GoJava, a Toronto provider of office coffee, snacks, water filtration systems and zero waste services, is acquring Office Grocery, a Toronto office grocery and…

Aramark takes a 46% Q3 revenue hit from COVID-19

August 4, 2020

Aramark posted $2.2 billion in third quarter revenue, down 46.3% year-over-year from the impact of COVID-19 that more than offset modest underlying growth in…

Five Star Food Service promotes Richard Kennedy to president/CEO

August 3, 2020

Richard Kennedy Five Star Food Service Inc., a Chattanooga, Tennessee-based convenience services operation, has promoted Richard Kennedy from chief…

Kraft Heinz cites better-than-expected Q2 despite operating loss

August 3, 2020

The Kraft Heinz Co. welcomed a strong second quarter with $6.64 billion, a 3.8% net sales growth over the prior year's quarter, and 7.4% organic growth versus…

Keurig Dr Pepper to distribute Polar Seltzer sparkling waters

August 3, 2020

Keurig Dr Pepper announced an agreement with Polar Beverages provide national distribution to Polar Seltzer sparkling seltzer waters, including Polar…

Virtual Coffee Fest event planned for August

August 3, 2020

Coffee Fest To Go has been scheduled for Aug. 26 and 27, a virtual event for specialty coffee businesses, according to Clarion Events Food & Beverage…

Keurig Dr Pepper bullish on Q2 sales gains

July 31, 2020

Keurig Dr Pepper Inc. officials lauded the beverage company's financial results for the second quarter as sales grew, largely driven by growing demand for…

Farmer Brothers amends bank credit to sustain COVID-19 impact

July 29, 2020

Farmer Bros. Co. has amended its credit facility with JPMorgan Chase Bank to increase the company's flexibility in supporting its current and future business…

Starbucks swings to fiscal 3Q loss, but sees daylight

by David Jones — Editor, Networld Media Group

July 29, 2020

Starbucks Corp. swung to a fiscal third-quarter loss as the global coffee house continued to deal with the impact of COVID-19, although executives said the…

Royal Cup Coffee taps Aryzta’s Ashley Peeples as senior/vp foodservice sales

July 27, 2020

Ashley Peeples Royal Cup Coffee & Tea, an importer, roaster and distributor of coffees and teas, has named Ashley Peeples as its senior vice…

Dunkin' Brands adds digital chief, team members

July 24, 2020

Dunkin' Brands Group Inc. has hired Philip Auerbach, a travel industry executive, as chief digital and strategy officer, a news release said.