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Vending News & Media

Performance Food Group lifts Q3 2023 results, Vistar sales surge on price hikes

May 11, 2023

Performance Food Group Co., which owns Vistar, a national convenience services wholesale distributor, raised its Q3 2023 sales and earnings compared to the…

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German coffee machine maker teams with Diebold Nixdorf on self-serve coffee purchases

May 10, 2023

WMF Professional Coffee Machines, a German manufacturer of coffee machines for commercial use, has teamed with Diebold Nixdorf Inc., a provider of retail and…

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Asahi Soft Drinks vending machine to absorb CO2

May 10, 2023

Asahi Soft Drinks in Japan is developing a vending machine that will absorb carbon dioxide from the air, according to an NHK World Japan report.

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Hostess Brands lifts Q1 2023 results, beats expectations

May 10, 2023

Hostess Brands Inc. lifted its Q1 2023 revenue and income, beating analyst expectations. Highlights include:

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Bay area colleges install free Narcan machines

May 10, 2023

Bay area colleges are joining the fight against opioid overdoses by installing vending machines that offer free Narcan, which reverses such overdoses…

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Convenience services operators primed for trade show season

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

With micro markets continuing to lead the growth, convenience services operators are looking for more product variety than ever. Operators are overall primed…

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Aramark posts strong Q2 2023 results

May 9, 2023

Aramark Corp. reported Q2 2023 revenue and income gains, driven by pricing and new business, according to a press release. Highlights include:

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Tyson Foods posts Q2 2023 loss

May 8, 2023

Tyson Foods Inc. reported a loss for Q2 2023, citing a challenging meat market, according to an earnings report. Highlights include:

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How to find good locations for unattended retail

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Kiosk operators mostly rely on traditional methods of finding locations, like word-of-mouth, in-person selling, business locators, exhibiting at trade shows…

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PayRange acquires Vagabond

May 8, 2023

PayRange Inc., a provider of a mobile payment app and hardware for automated retail, has acquired Vagabond, a mobile, cloud-based technology platform that…

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Olyns announces $4M funding round for AI-powered recycling tech

May 8, 2023

Olyns, a recycling technology firm, has announced results from its $4 million Series A funding round, according to a press release.

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New York extends tax exemption on vending purchases under $2

May 8, 2023

New York's state sales tax exemption for vending purchases less than $2 has been extended under the 2023/2024 state budget signed by the governor, according to…

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Maine considers banning single-use bottles on government grounds

May 8, 2023

The convenience services industry is working to prevent Maine from passing a law prohibiting single-use bottles on certain government property.

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DOE proposes energy saving standards for beverage vending machines

May 8, 2023

The U.S. Department of Energy has proposed regulations for beverage vending machines that it claims would reduce energy costs for American businesses by $2…

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Kellogg boosts Q1 2023 sales, earnings slide

May 5, 2023

Kellogg Co. lifted its Q1 2023 sales boosted by snacks and noodles and a continued rebound in North American cereal, according to a press release. Highlights…

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Carvana launches 2nd car vending machine near Chicago

May 5, 2023

Carvana, an e-commerce platform for buying and selling used cars online that offers a car vending machine, launched its newest car vending machine near…

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Jones Soda improves Q1 2023 earnings loss against sales decline

May 5, 2023

Jones Soda Co. improved its Q1 2023 earnings loss against a sales decline, according to an earnings report. Highlights include:

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Monster Beverage reports record Q1 2023 sales

May 5, 2023

Monster Beverage Corp. reported record sales in Q1 2023 over the prior year period, also raising its earnings, according to a press release. Highlights include:

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Transaction, subscription fees boost Cantaloupe Q3 2023 results

May 5, 2023

Cantaloupe Inc. lifted its Q3 2023 sales and earnings over the prior year period, citing record revenue in transaction fees and subscription fees, according to…

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Compass Group Canada names 2 COOs

May 4, 2023

Compass Group Canada promoted Michael Hachey and Ashton Sequeira to chief operating officer positions, according to a press release.

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