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Vending News & Media

Worldline acquires Ingenico Group

October 30, 2020

Global payments provider Worldline has acquired Ingenico Group for an undisclosed sum, creating the largest European payment services provider, according to a…

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Keurig Dr Pepper inks distribution pact with Honickman in New York, New Jersey

October 30, 2020

Keurig Dr Pepper has signed a distribution agreement with The Honickman Companies that doubles KDP's volume in 18 counties serving 17 million people in New…

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COVID-19 delivers Sodexo a hefty loss for fiscal 2020

October 29, 2020

Sodexo, a Paris-based foodservices and facilities company, reported a net loss of 315 million euros ($370 million) for the fiscal year ending Aug. 31,compared…

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Kraft Heinz reports Q3 sales gain, surpasses expectations

October 29, 2020

The Kraft Heinz Co. net sales rose 6%, from $6.07 billion in 2019's third quarter to $6.4 billion for the quarter ending Sept. 26, 2020, despite an unfavorable…

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Kellogg’s Q3 earnings beat expectations, driven by organic growth

October 29, 2020

Kellogg's third quarter net sales increased nearly 2%, from $3.37 billion in 2019 to $3.43 billion in 2020, as the absence of approximately one month of…

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Hershey invests in natural foods provider Quinn

October 29, 2020

Quinn, a natural foods snack company, has closed on additional Series D funding including an undisclosed minority investment from The Hershey Co. in addition…

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Monster enters sports drink business with Superfuel

October 29, 2020

Monster is moving into the sports drink arena with its Superfuel line, featuring four flavors: Zero Sugar Fantasy Fruit, Tropical Thunder, Blue Ice and Purple…

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NY vending association urges lawmakers to extend tax exemption to help survive coronavirus

October 29, 2020

Members of the New York State Automatic Vending Association have sent letters to state lawmakers urging them to sustain the vending product sales tax exemption…

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PayRange files second patent infringement suit against KioSoft

October 28, 2020

PayRange, which provides a mobile payment solution for unattended retail machines, has filed an additional patent infringement lawsuit against KioSoft…

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Shwan’s CEO Smyrnios becomes executive chairman of parent company

October 28, 2020

Dimitrios Smyrnios Dimitrios Smyrnios, CEO of Schwan's Co., has been named executive chairman of CJCJ Food Americas, according to a press release. As…

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Coca Cola's Costa Coffee rebrands Briggo

October 27, 2020

The Coca-Cola Co. has rebranded the Briggo website, having acquired the automated coffee machine business earlier this year, according to an email from The…

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What does Tab’s discontinuation say about the future of convenience services?

by Tim Sanford

Coca Cola Co.'s discontinuation of Tab, its first diet drink, underscores several factors affecting convenience services and the hard choices the industry…

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Coca-Cola European bottler offers to buy Australian bottler

October 26, 2020

Coca-Cola Co.'s European bottler, KO.N, has offered A$9.28 billion ($6.6 billion) for Coca-Cola Amatil Ltd., an Australian bottler, according to a…

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USA Technologies upgrades ePort to accept EMV contact and contactless payments

October 26, 2020

USA Technologies Inc., a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, has…

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Nestle boosts 9-month organic sales amid challenging market

October 23, 2020

Nestle SA reported sales for the first nine months decreased by 9.4% from CHF 68.4 billion ($75.47 billion) in 2019 to CHF 61.9 billion ($68.3 billion) in…

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OptConnect receives patent for 'Connectivity as a Service' modem

October 22, 2020

OptConnect, a provider of managed wireless connectivity services, has received a patent for OptConnect ema. its embedded modem that provides…

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Coca-Cola Q3 sales, earnings fall, as away-from-home segment slides

October 22, 2020

Coca-Cola Co.'s net revenues of $8.7 billion dipped 9% in the third quarter ending Sept. 25 compared to last year's $9.5 billion for the period, but beat…

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Vending expansion proves vital to DC area food business

October 22, 2020

Wellfound Foods' expansion from wholesale food distribution into vending last year proved helpful when the coronavirus pandemic hammered the wholesale…

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Hair care entrepreneurs build on e-commerce with vending

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Three years after launching their e-commerce business, this entrepreneurial couple began placing vending machines to make their products available to people in…

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McKee Foods introduces Little Debbie Pecan Spinwheels to vending

October 21, 2020

McKee Foods has introduced Little Debbie Pecan Spinwheels to the vending industry, a blend of sweet dough and cinnamon spice with pieces of pecans baked in…

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