Vending News & Media
Danone to sell $2B stake in Chinese dairy company
May 14, 2021
Danone, a Paris based global provider of dairy and plant-based products, waters and nutrition, has agreed to sell its 9.8% stake in China Mengniu Dairy Co.
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Utz Brands Q1 2021 sales rise, earnings fall
May 13, 2021
Utz Brands Inc., a manufacturer of branded snacks, reported net sales increased 18% from $228 million in Q1 2020 to $269.18 million for the quarter ending…
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Frito-Lay to expand Connecticut plant, will add 120 jobs
May 13, 2021
Frito-Lay, a division of PepsiCo Inc., has launched a $235 million expansion project at its Killingly, Connecticut manufacturing site, where the company plans…
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Macau gaming equipment provider deploys first 'smart' vending machine
May 13, 2021
Asia Pioneer Entertainment, based in Macau, has deployed its first "smart vending machine"under the "Snap Buy"brand, offering Liquorice Lemon, Almond Cakes and…
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COVID hammers Compass Group sales, profits for first half 2021
May 12, 2021
Compass Group Plc, which owns Canteen Services in the U.S., continued to suffer losses in the first six months of the year due to COVID-19, as revenue declined…
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Flower vending machines blossom in China
May 12, 2021
As flowers become more popular with young Chinese consumers, flower vending machines are blossoming in malls, residential areas and subway stations, according…
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Self-service helps fuel cannabis dispensaries nationwide expansion
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Self-service technology will continue to play an important role in the expansion of cannabis related products — medical use, recreational use and non-THC and…
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Supportive culture holds key to a successful team: 3 experts weigh in
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Attracting and retaining good employees is especially critical as convenience services operators try to recover COVID losses, and it revolves around having a…
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Coca-Cola Consolidated boosts Q1 2021 sales, earnings
May 12, 2021
Coca-Cola Consolidated Inc., the largest Coke bottler, posted positive results for the first quarter ending April 2, 2021, according to an earnings release.
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Tomra Systems names new CEO
May 12, 2021
Tove Andersen Tove Andersen will replace Stefan Ranstrand as CEO of Tomra Systems, a manufacturer of reverse vending machines for automated collection…
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B&G Foods reports mixed Q1 2021 results, names JDE Peets' Keller CEO
May 12, 2021
Kenneth Keller B&G Foods reported mixed Q1 2021 results for the quarter ending April 3, 2021, and announced that Kenneth Keller, CEO of JDE…
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Utz Brands to acquire Great Lakes Festida for $41M
May 11, 2021
Utz Brands Inc., a manufacturer of branded salty snacks, has entered into an agreement with Great Lakes Festida Holdings Inc. and related entities, to acquire…
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Aramark taps Compass Group’s Kaericher for healthcare division
May 11, 2021
Bart Kaericher Aramark Corp. has named Bart Kaericher as president and CEO of Aramark's healthcare division, reporting to Marc Bruno, chief operating…
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Aramark losses continue for Q2 2021 due to COVID, results beat analyst expectations
May 11, 2021
Second quarter revenue for Aramark Corp. declined from $3.7 billion in Q2 2020 to $2.8 billion in the second quarter ending April 2, 2021 as the company…
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Mike DiGilio retires from AVS Companies
May 10, 2021
Mike DiGilio recently retired from his role as director of vending sales at AVS Companies, a vending equipment distributor based in Elk Grove Village…
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Tyson Foods boosts Q2 2021 sales, earnings
May 10, 2021
Tyson Foods Inc.'s sales increased from $10.9 billion in Q2 2020 to $11.3 billion in Q2 2021, according to an earnings release.
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Hostess Brands taps Tyson Foods’ Dan O’Leary as chief growth officer
May 10, 2021
Dan O'Leary Hostess Brands, LLC named consumer packaged goods veteran Dan O'Leary as chief growth officer, according to a press release.
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US Foods Q1 2021 sales dip, earnings improve
May 10, 2021
US Foods Holding Corp.'s net sales fell 0.7% from $6.34 billion in Q1 2020 to $6.3 billion in the quarter ending April 3, 2021, primarily as a result of the…
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Romans pan pizza vending machine
May 10, 2021
A recently introduced pizza vending machine has drawn lackluster reviews in Rome, according to a Reuters report.
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Conagra taps Unilever’s Eboli as EVP for supply chain
May 7, 2021
Alexandre "Ale" Eboli Conagra Brands Inc. has named of Alexandre "Ale" Eboli as executive vice president and chief supply chain officer, effective…
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