Vending News & Media
Envipco opens Netherlands facility for recycling/reverse vending machines
May 17, 2022
Envipco, a Netherlands-based provider of recycling systems and reverse vending machines, opened a manufacturing facility in Sebes Industrial Park in Alba…
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Mars Wrigley recalls Gummies
May 16, 2022
Mars Wrigley Confectionery US LLC has recalled varieties of Skittles Gummies, Starburst Gummies and Life Savers Gummies due to the potential presence of a…
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Vermont lawmakers seek beverage tax study
May 16, 2022
Vermont lawmakers have called for a study on the impact of a proposed sugar-sweetened beverage tax, according to the National Automatic Merchandising…
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PepsiCo to build new Fort Wayne warehouse/distribution center
May 13, 2022
PepsiCo Inc. plans to build a $19 million warehouse and distribution center on 11 acres near Fort Wayne International Airport in Fort Wayne, Indiana, replacing…
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Primo Water lifts Q1 2022 results, declares quarterly dividend
May 12, 2022
Primo Water Corp., a provider of water direct to consumers and water filtration services in North America and Europe and a provider of water dispensers…
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US Foods boosts Q1 2022 results on higher volume, food cost inflation
May 12, 2022
US Foods Holding Corp. improved its Q1 2022 results driven by higher total case volume and food cost inflation compared to the prior year period, according to…
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Utz Brands reports record Q1 2022 sales
May 12, 2022
Utz Brands Inc. reported record first quarter sales for Q1 2022 driven by pricing action, while the quarter's loss also increased due to a buyout of third…
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Jones Soda widens loss in Q1 2022 from cannabis expansion despite higher sales
May 12, 2022
Jones Soda Co. posted a loss against higher sales for Q1 2022 compared to the prior year period, largely on account of costs related to its previously reported…
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Compass Group posts strong HY 2022 results on COVID recovery
May 11, 2022
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported revenue and earnings gains for the first half of 2022 driven by strong North…
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Aramark to spin off uniform services division
May 11, 2022
Aramark Corp. plans to spin off Aramark Uniform Services into an independent, publicly traded company, according to a press release. The transaction is…
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Mondelez to divest Dentyne, Trident, Halls
May 11, 2022
Mondelez International Inc. plans to sell its chewing gum business, including Dentyne and Trident, in developed markets, along with its Halls cough drop brand…
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Performance Food Group reports strong Q3 2022; Vistar boosts sales
May 11, 2022
Performance Food Group, which owns Vistar, a national convenience services wholesale distributor, posted strong Q3 2022 results, driven by the acquisition of…
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General Mills to acquire pizza crust manufacturer
May 11, 2022
General Mills Inc. has agreed to acquire TNT Crust, a manufacturer of frozen pizza crusts for regional and national pizza chains, foodservice distributors and…
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Carvana to lay off 2,500
May 11, 2022
Carvana Co., an e-commerce platform for buying and selling used cars online that offers a car vending machine, plans to lay off about 2,500 employees…
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Selecta Group boosts Q1 sales, earnings despite continued pandemic impact
May 11, 2022
Selecta Group, a Sweden based route service provider of convenience services in Europe, lifted sales by 16.7% to €276.6 million ($291.03 million) in Q1 202…
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How to manage risks with new technology: Experts weigh in
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Investing in technology typically requires a certain amount of risk. By managing this risk, companies can achieve the benefits of new technology without…
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Chicken Soup for the Soul Entertainment to acquire Redbox for $375M
May 11, 2022
Chicken Soup for the Soul Entertainment, Inc., an operator of advertising-supported video-on-demand streaming services, has agreed to acquire Redbox…
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Sysco posts strong Q3 2022 sales, earnings
May 11, 2022
Sysco Corp. posted strong sales and earnings for Q3 2022 against the prior year period, according to an earnings release. Highlights include:
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Kellogg reports strong Q1 2022 results, raises FY guidance
May 10, 2022
Kellogg Co. reported net sales growth for Q1 2022 led by snacks, international momentum and positive price/mix, according to an earnings report. The company is…
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General Mills names general counsel
May 10, 2022
Karen Wilson Thissen Karen Wilson Thissen will join General Mills Inc. as general counsel and corporate secretary, effective June 6, 2022.
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