Vending News & Media
Luckin Coffee files for bankruptcy protection
February 8, 2021
Luckin Coffee Inc., a pioneer in coffee vending and a competitor to Starbucks in China, has filed for Chapter 15 bankruptcy protection in New York, less than a…
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Mondelez to close biscuit plants in New Jersey, Georgia
February 5, 2021
Mondelēz International will close its Fair Lawn, New Jersey and Atlanta, Georgia biscuit bakeries later this year, the company announced in a statement, posted…
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Researcher finds way to hack older Nespresso vending machines
February 5, 2021
A security researcher was able to hack older Nespresso coffee machine smart cards to get free servings, according to a report in The Daily Swig, a…
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COVID-19 clips USA Technologies' Q2 2021 revenue, earnings
February 5, 2021
USA Technologies Inc.'s revenue decreased 13.1% from $44.05 million in the second quarter of 2020 to $38.3 million in the second quarter ended Dec. 31, 2021…
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Compass Group revenue decline continues for Q1 2021
February 4, 2021
Compass Group Plc., which owns Compass Group USA and Canteen Vending Services in the U.S., reported that Q1 2021 organic revenue was down by 33.7%, which was…
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Hershey Q4 2020 sales and earnings rise, surpassing market expectations
February 4, 2021
The Hershey Co.'s net sales rose 5.7% from $2.068 billion in last year's fourth quarter to $2.18 billion for the quarter ending Dec. 31, 2020, according to an…
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Vending machines carry OTC medicine at public universities
February 4, 2021
Vending machines at the University of North Carolina will join other public universities in offering over-the-counter medication in vending machines around…
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Vancouver office complex to feature plant based meat in ‘smart’ vending machine
February 4, 2021
Modern Meat, a British Columbia provider of plant-based meat products, will provide meals and juices from its Modern Wellness Bar via a "smart vending machine…
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Performance Food Group boosts sales for Q2 2021, Vistar falls
February 3, 2021
Performance Food Group's net sales for the second quarter of fiscal 2021 grew 12.8% from $6.06 billion in the prior year's second quarter to $6.8 billion for…
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Castles Technology teams with Valor Paytech on payment solution
February 3, 2021
Castles Technology, a manufacturer of card acceptance hardware, has teamed with Valor Paytech to introduce an omnichannel gateway payment solution employing…
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Why a veteran airport concessionaire sees a big future for automated retail
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Self-service retailing is expanding from office and travel products to numerous other product types, including CBD products that require age verification…
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Touchless makes big strides in self service
by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator
If there is any technology that made a big splash in the self-service industry, it's touchless. From gesture control to virtual keyboards, these individual…
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Crane boosts Q4 2020 earnings on declining sales
February 3, 2021
Crane Co., parent company of Crane Merchandising Systems and Crane Payment Innovations, reported net sales fell 13.3% from $837.5 million in the fourth quarter…
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Kraft Heinz negotiates Planters sale to Hormel Foods
February 3, 2021
Kraft Heinz is negotiating the sale of its Planters snack business to Hormel, owner of Skippy peanut butter, according to a report in The Wall Street Journal.
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Shamrock Farms uses vending machine to introduce protein builder beverage
February 2, 2021
As part of launching its Rockin' Protein Builder beverage, Shamrock Farms developed a vending machine to encourage people to try the beverage after doing…
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The numbers are in: COVID-19 has pushed consumers away from cash
by Rachel Little — Marketing Manager, Vianet PLC
Consumers are fearful due to concerns that cash handling is dirty and may be another way the coronavirus can be transmitted and spread. The retail industry has…
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The right way to keep your equipment clean
by Ken Pedersen — VP Business Development, KICTeam
Businesses and organizations have a huge challenge right now; they have to use a cleaning agent that's suitable for the equipment to keep it clean and working…
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Virginia Pizzeria launches vending machine offering take-home goods
February 1, 2021
Washington, D.C.-based Stellina Pizzeria's soon-to-open store in Shirlington, Virginia, has installed a refrigerated glassfront vending machine in front of the…
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Hippeas Organic Chickpea Snacks raises $50M from investment firm
January 28, 2021
Hippeas Organic Chickpea Snacks has raised $50 million from The Craftory, an investment company, according to a press release.
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PayComplete launches as independent fintech platform
January 28, 2021
PayComplete, which originated as a software, hardware and services provider for self-serve transactions and employee assisted payment, is now an independent…
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