NXT Capital Provides 38 Million For Graham Partners Acquisition Of OptConnect

by Emily Jed

January 7, 2018

CHICAGO -- NXT Capital said it has provided a $38 million senior secured credit facility to support Graham Partners' acquisition of OptConnect LLC. OptConnect…

AMS Vagabond Make Touchless Machine Available For Preorder

by Tim Sanford

January 3, 2018

WASHINGTON, DC -- Automated Merchandising Systems and Vagabond Vending have announced that AMS's Touchless vending machine is now ready for preorder. AMS…

GasBuddy Warns 2018 Gas Prices Will Be Highest Since 2014

by Emily Jed

January 3, 2018

BOSTON -- Motorists will be digging a bit deeper for the second straight year as the yearly national average will rise 19¢ versus last year to $2.57 per…

Jackson Brothers Of The South Expands Relationship With USAT To Go 100 Cashless

by Emily Jed

January 3, 2018

MALVERN, PA -- USA Technologies Inc. said it has expanded its agreement with Jackson Brothers of the South , a full-service vending, catering and foodservice…

Parlevel Syncs With USG To Streamline Ordering Process

by Emily Jed

January 1, 2018

SAN ANTONIO, TX -- Parlevel Systems has integrated its vending management system with Unified Strategies Group 's Order Center to simplify the ordering process…

Industry Has What Amazon Wants Ownership Of Last Mile

by Emily Jed

December 28, 2017

What can workplace refreshment providers do to continue to enlarge the market they cornered decades ago in a new era, when employees and decision-makers have…

ConAgra Brands Acquires Sandwich Bros Of Wisconsin Business

by Emily Jed

December 21, 2017

CHICAGO -- ConAgra Brands Inc. will acquire Sandwich Bros. of Wisconsin , which produces frozen flatbread sandwiches. Terms of the deal were not disclosed. The…

East Coast Full-Line Vending Pioneer Glenn Greenwald Dies At 93

by Tim Sanford

December 21, 2017

CHERRY HILL, NJ -- Glenn Greenwald, who played a major role in developing full-line vending in New Jersey and Pennsylvania, is dead. He was 93. Greenwald was…

Ford Partners With Alibaba To Vend Cars In China

by Emily Jed

December 21, 2017

SHANGHAI -- Online retail giant Alibaba has signed a deal to sell Ford's electric vehicles in China using gigantic vending machines. Shoppers scan the vehicle…

Five Star Establishes Nonprofit Donates 30000 To Local Food Bank

by Emily Jed

December 19, 2017

CHATTANOOGA, TN -- Five Star Food Service , a Canteen franchise based here, has created a nonprofit charity organization called Feeding the Future Inc. Feeding…

EVA Members Elect Officers Directors For 2017-2019 Term At AGM

by Tim Sanford

December 18, 2017

ROME, Italy -- The membership of the European Vending and Coffee Service Association held its Annual General Meeting here as 2017 drew to a close. The…

OTI Develops Bitcoin Capabilities For Vending Machines

by Emily Jed

December 18, 2017

ROSH PINNA, Israel -- On Track Innovations Ltd. said it is developing bitcoin capabilities for its cashless payment solutions. Bitcoin usage is growing in the…

PepsiCo Moves Stock Exchange Listing To Nasdaq

by Emily Jed

December 18, 2017

PURCHASE, NY -- PepsiCo Inc. will transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Global Select Market effective Dec. 1…

Performance Food Group Promotes Jim Hope To CFO Tom Ondrof Advances To Strategic Growth Leader

by Emily Jed

December 18, 2017

RICHMOND, VA -- Performance Food Group Co. has appointed Jim Hope chief financial officer, effective Mar. 1. He will succeed Tom Ondrof, who will become the…

Performance Food Group Promotes Patrick Hagerty Executive VP

by Emily Jed

December 18, 2017

Pat Hagerty RICHMOND, VA -- Performance Food Group Co. has promoted Patrick Hagerty to executive vice-president of PFG and president and chief executive of…

Survey Underscores Consumer Preference For Bottled Water

by Emily Jed

December 18, 2017

ALEXANDRIA, VA -- Sixty-three percent of Americans say still or sparkling bottled water is among their most preferred beverages, followed by 62% who say coffee…

USA Technologies To Ring Nasdaq Closing Bell Tomorrow

by Emily Jed

December 18, 2017

NEW YORK CITY -- USA Technologies Inc. chief executive Stephen P. Herbert will ring the ceremonial Nasdaq stock market closing bell on Wednesday, Dec. 20 at …

Campbell To Acquire Snyders-Lance For 487 Billion

by Emily Jed

December 17, 2017

CAMDEN, NJ -- Campbell Soup Co. will acquire snack manufacturer Snyder's-Lance Inc. for $4.87 billion in cash. The deal is the largest in Campbell's 148-year…

Free EMV Guide For ATM Operators Now Available

December 14, 2017

The National ATM Council has announced the availability of a new ATM guide from the U.S. Payments Forum. The free publication, called EMV Troubleshooting Guide…

PayRange Adds Compatibility To Millions Of Existing Coin-Op Washers And Dryers

by Emily Jed

December 14, 2017

Consumers Laundry PORTLAND, OR -- PayRange Inc. said its mobile payment service is now compatible with virtually every coin-operated laundry machine…