Vending News & Media
Jones Soda posts 17% Q3 revenue boost, cuts loss
November 6, 2020
Jones Soda Co. revenue increased 17% to $3.5 million for the third quarter ended Sept. 30, 2020 compared to $3.0 million for last year's third quarter…
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Monster Beverage Q3 revenue jumps 9.9%, beats expectations
November 6, 2020
Monster Beverage Corp.'s net sales for the 2020 third quarter ending Sept. 30, 2020 increased 9.9% percent to $1.25 billion from $1.13 billion in the same…
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Utz Brands posts loss on 24% Q3 sales gain
November 6, 2020
Utz Brands Inc. net sales increased 24.2% to $248.0 million in the third quarter of 2020 compared to $199.6 million for the third quarter of 2019, according to…
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USA Technologies offers upgrades for 2G, 3G devices
November 5, 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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Performance Food Group Q1 2021 sales jump 12.9%, Vistar falls 13.2% due to COVID-19
November 4, 2020
Performance Food Group, which owns Vistar, reported a 12.9% gain in net sales from $6.24 billion in 2019 to $7.0 billion for the three months that ended Sept.
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New Jersey makes PPE products available at 10% discount
November 4, 2020
New Jersey businesses can get personal protective equipment at a 10% discount through a new program from the state economic development authority, according to…
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Coca-Cola Consolidated 3Q earnings beat expectations, revenue rises 4.5%
November 4, 2020
Coca-Cola Consolidated Inc. revenue increased 4.5% from $1.27 billion in the third quarter of 2019 to $1.33 billion in the third quarter ended Sept. 27, 2020…
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The pandemic and cash use: What are the facts?
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Data from the Federal Reserve indicates consumers have a lot of cash on their hands as a result of the pandemic. Most have used cash while paying in person…
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Private equity firm acquires Regal Confections
November 2, 2020
Clearspring Capital Partners, a Canada based private equity firms, has taken a majority interest in Regal Confections, a confections distributor based in…
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Selecta Group names Gautier CFO
November 2, 2020
Philippe Gautier Selecta Group B.V., a route-based unattended self-service retailer in Europe, has named Philippe Gautier as chief financial officer…
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Oasis Vehicle Refreshments secures patent for mobile vending machines for vehicles
November 2, 2020
Oasis Vehicle Refreshments, a manufacturer of refrigerated vending systems for public transit vehicles like taxis, rental cars or autonomous vehicles, has…
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Robotic self-serve coffee machine debuts in Toronto
November 2, 2020
Dark Horse Espresso Bar and RC Coffee have partnered to launch a robotic, self-serve, contactless, outdoor espresso bar that delivers made-to-order coffee in…
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Canada mall operator cited for consumer privacy violations, pulls facial recognition cameras
October 30, 2020
Cadillac Fairview in Toronto — one of North America's largest commercial real estate companies — has removed the embedded cameras inside its digital…
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Cannabis vending machines evolve, but face hurdles
October 30, 2020
A new cannabis vending machine, called Anna, has hit the market in Colorado, with other states on the horizon, but the automated dispensers must overcome a…
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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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