Micro Markets News & Media

Coffee outlook: Demand strong amidst faltering consumer confidence

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Consumers still want to spend money on coffee, but some product preferences are changing and external macroeconomic factors are concerning.

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Sysco names Kenny Cheung CFO, promotes Neil Russell to new role

March 28, 2023

Neil Russell Sysco Corp. has named Kenny Cheung as chief financial officer, effective April 17, 2023, while Neil Russell, who has served as interim…

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Vendekin Technologies teams with Vianet on mobile checkout

March 27, 2023

Vendekin Technologies, a provider of mobile payment solutions for unattended retail, has teamed with Vianet PLC, a provider of telemetry services to the…

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US Foods names Iacobucci SVP/field operations/CCO

March 24, 2023

Andrew Iacobucci US Foods Holding Corp. has promoted Andrew Iacobucci from chief transition officer to senior executive vice president, field…

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365 Retail Markets taps Moblico to enhance customer marketing, promotions

March 24, 2023

365 Retail Markets, a provider of unattended retail technology, has teamed with Kansas City based mobile technology firm Moblico to provide product promotion…

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Globe Life Field intros Amazon cashierless foodservice

March 24, 2023

Sports fans at Globe Life Field, home of the Texas Rangers in Arlington, Texas, are now able to buy what they want to eat faster and easier, thanks to a pair…

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Mars Wrigley names India GM

March 23, 2023

Kalpesh Parmar Mars Wrigley, a division of Mars Inc., promoted Kalpesh Parmar from general manager of Mars Wrigley India to general manager for Mars…

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General Mills raises 2023 expectations on Q3 sales gain and earnings dip

March 23, 2023

General Mills Inc. upgraded its 2023 expectations after posting a 13% Q3 2023 sales boost despite a 16% earnings dip, according to an earnings report.

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Study examines coffee's impact on heart rhythm

March 23, 2023

Consumption of caffeinated coffee did not result in increased episodes of premature atrial contractions, according to a study reported in the New England…

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SupplyCaddy raises $3.2M

March 22, 2023

SupplyCaddy, a Miami based manufacturer of packaging and disposables for the foodservice industry, has raised $3.2 million in seed funding led by CEAS…

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Tyson Foods to build $70M poultry facility in Arkansas

March 21, 2023

Tyson Foods Inc. announced plans to build a $70 million hatchery in Hope, Arkansas to serve two poultry production complexes shortly after announcing plans to…

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Geia Food acquires Topfoods

March 21, 2023

Geia Food, a Denmark based foodservice manufacturer owned by London based private-equity firm Triton Partners, has acquired Topfoods, a Finland based…

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How coffee vending machines work

by Sam Roberts — Digital Marketing Manager, Connect Vending

A convenience services veteran reviews the main components of coffee vending and office coffee equipment.

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Push Beverages renews Tribe Tea bottle

March 20, 2023

Push Beverages has introduced its revised Tribe Tea package to allow customers to see the iced tea from the bottle, according to a press release. The bottle…

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Laxman Narasimhan takes over Starbucks CEO role

March 20, 2023

Laxman Narasimhan, who was named incoming CEO of Starbucks last year, has officially succeeded Howard Schultz as CEO.

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University home to Just Walk Out convenience store

March 17, 2023

The first convenience style store on a college campus, powered by Amazon's Just Walk Out technology, is open on the Marymount University campus.

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Selecta Group boosts 2022 sales, reduces loss boosted by pricing

March 16, 2023

Selecta Group, the Switzerland-based route service provider of convenience services, lifted its revenue in 2022 boosted by higher pricing and reduced its loss…

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Kellogg to split into snack, cereal companies

March 16, 2023

Kellogg Co. plans to separate into two public companies focused on global snacking and North American cereal, according to a press release. The names will go…

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Research links coffee to lower diabetes risk, less body fat

March 15, 2023

A new study supports previous research that coffee consumption can lower Type 2 diabetes risk, according to a New York Post report. The study, published in the…

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Diversification pays in Upstate NY: full-line vending, amusements, OCS, ATMs

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Valley Vending Service in Plattsburgh, New York has found diversification a way to shift focus as business conditions change. Technology has played a key role…

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