Coffee Service News

Coffee futures surge on coronavirus stockpiling

April 16, 2020

Coffee prices rallied this past month, as global lockdowns drove consumers to stock up on home supplies, according to a CNBC report.

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Nuzee offers free copacking to 100 roasters affected by COVID-19

April 15, 2020

Nuzee, a coffee copacker and provider of coffee packing machines, is offering free copacking on 50,000 total coffee t-bag pouches to 100 roasters…

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Keurig Dr Pepper closes $1.5 billion public offering

April 14, 2020

Keurig Dr Pepper has closed its previously-announced $1.5 billion public offering of senior notes in a transaction that was nearly 10 times oversubscribed…

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Starbucks withdraws fiscal 2020 guidance due to coronavirus

April 9, 2020

Starbucks Corp. on Wednesday withdrew its guidance for fiscal 2020 on account of the COVID-19 outbreak, according to a shareholder letter from Kevin Johnson…

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Royal Cup Coffee and Tea announces layoffs due to coronavirus pandemic

April 8, 2020

Royal Cup Coffee and Tea, a roaster, retailer and coffee service provider based Birmingham, Alabama, has reduced work schedules and eliminated positions for…

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Keurig Dr Pepper announces debt refinancing

April 7, 2020

Keurig Dr Pepper announced a strategic refinancing program, intended to extend the company's debt maturities and enhance its liquidity profile, according to a…

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Nestlé partners with Rainforest Alliance, expands use of IBM blockchain

April 7, 2020

Nestlé has expanded its use of the IBM Food Trust blockchain technology platform to its Zoégas coffee brand, which is certified by the Rainforest Alliance…

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European Vending & Coffee Service Association calls for emergency aid for members

April 3, 2020

The European Vending & Coffee Service Association has called on governing organizations — the EU Commission, European Central Bank and national governments…

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Bankrupt Dean Foods auctions off its facilities

April 1, 2020

Dean Foods has found buyers for almost all of its milk-processing plants in a federal bankruptcy court-supervised auction, according to a report in The Dallas…

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Compass Group North America places some associates on temporary leave

March 30, 2020

Compass Group North America has placed some associates in all business functions on temporary leave or furlough in order to prevent job losses resulting from…

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J M Smucker names Campbell's Onell senior vice president

March 27, 2020

Cory Onell The J. M. Smucker Company named Cory Onell senior vice president, head of U.S. retail sales, effective April 27, 2020, according to a…

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Yelp findings show consumer interests in pandemic-stricken US

March 25, 2020

Yelp released its Coronavirus Economic Impact Report that shows some consumer trends developing amidst the nation's fight against COVID-19 infections…

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NAMA cancels 2020 show in Nashville

March 23, 2020

The National Automatic Merchandising Association has canceled its 2020 show planned for May 6-8 at Music City Center in Nashville, NAMA President and CEO Carla…

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Koelnmesse names Kolsch director of euvend & coffeena

March 23, 2020

Koelnmesse has named Julia Kölsch director of euvend & coffeena, the international trade fair for the vending and coffee sector held in Cologne, Germany…

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World Tea Conference + Expo reschedules to October

March 20, 2020

World Tea Conference + Expo, has been postponed due to the COVID-19 epidemic from June 8-11, 2020 to Oct. 15-18, 2020, at the Colorado Convention Center in…

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Wawa suspends self-serve beverages due to coronavirus

March 20, 2020

Wawa, the East Coast convenience store chain, has suspended self-service coffee and fountain beverages on account of the coronavirus pandemic, the company said…

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NAMA CEO urges President and Congress to recognize convenience services in addressing coronavirus

March 20, 2020

Carla Balakgie, president and CEO of the National Automatic Merchandising Association, has sent a letter to the President, congressional leaders as well…

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European Vending Association advises consumers vending machines are safe to use

March 19, 2020

The European Vending & Coffee Service Association has issued a public notice to inform consumers that in light of the coronavirus outbreak, there is no…

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Farmer Brothers names Scott Drake as CFO

March 17, 2020

Scott Drake Farmer Brothers Company has named Scott Drake as chief financial officer and treasurer, effective March 23. Scott Lyon will continue to…

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Ronnoco Beverage Solutions launches sustainable coffee brand

March 12, 2020

Ronnoco Beverage Solutions announced the launch of Concentric Coffee, a sustainable "third wave" brand, according to a press release. Concentric Coffee will…

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