Vending News & Media

Mondelez lifts Q2 2023 sales, earnings

July 28, 2023

Mondelez International Inc. boosted its Q2 2023 results in part on its 2022 acquisitions, according to a press release.

Performance Food Group acquires OLM Food Solutions

July 28, 2023

Performance Food Group Inc., which owns Vistar Corp., the nationwide vending product warehouse distributor, acquired OLM Food Solutions based in Sioux Falls…

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Hershey lifts Q2 2023 results on price hikes

July 28, 2023

The Hershey Co. lifted its Q2 2023 sales and earnings, supported by list price increases, according to an earnings report.

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Nestle reports strong HY 2023

July 28, 2023

Nestle SA lifted its sales and profits for first half 2023 over the prior year period, according to a press release, with organic sales surpassing analyst…

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Keurig Dr Pepper lifts Q2 2023 results, raises FY guidance

July 27, 2023

Keurig Dr Pepper Inc. lifted its sales and earnings for Q2 2023 and raised its full year sales growth outlook and reaffirmed its EPS growth guidance, according…

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Kraft Heinz names 3 leaders

July 27, 2023

The Kraft Heinz Co. named three industry veterans to its North America leadership team, according to a press release.

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Coca-Cola boosts Q2 2023 results, surpasses expectations

July 26, 2023

The Coca-Cola Co. boosted its sales and earnings for Q2 2023 over the prior year quarter, surpassing analyst expectations, according to an earnings report.

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NAMA names Cantaloupe’s Ravi Venkatesan to board of directors

July 26, 2023

The National Automatic Merchandising Association has named Cantaloupe Inc. CEO Ravi Venkatesan to its board of directors, according to a press release.

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Coca-Cola India names VP/franchise operations

July 26, 2023

Ajay Vijay Bathija Coca-Cola India has named Ajay Vijay Bathija as vice president of franchise operations for Southwest Asia, according to a press…

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Coffee consumption holds steady despite inflation

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Americans are aware of the rising cost of coffee and are concerned about inflation, but consumption has not faltered, according to National Coffee Association…

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Compass Group reports strong Q3 2023 results

July 25, 2023

Compass Group PLC reported a strong Q3 2023 revenue performance over the prior year period, with organic revenue growth of 15%, despite lapping higher…

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Kellogg moves forward on separation into 2 companies

July 25, 2023

The Kellogg Co. has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission relating to its previously-announced plan to…

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Illycaffè boosts half-year 2023 sales, profits

July 25, 2023

Illycaffè reported significant sales and profit gains for the first half of 2023 over the prior year, according to a press release.

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J&J Snack Foods opens Texas distribution center

July 25, 2023

J&J Snack Foods Corp. opened its first owned distribution center in Terrell, Texas, according to a bakingbusiness.com report. The 117,000-square-foot…

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Campbell Soup to invest $160M in Utah plant, create 80+ jobs

July 25, 2023

Campbell Soup Co. will invest approximately $160 million in its Richmond, Utah, manufacturing facility to expand production of Goldfish crackers to help meet…

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Beauty vending franchise opportunity expands product line

July 25, 2023

B's Essential Vending, a Memphis based company that offers beauty supplies tailored to African Americans, has introduced a business opportunity to…

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JDE Peet’s to acquire Maratá’s coffee and tea business

July 24, 2023

JDE Peet's, which is owned by JAB Holdings and owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, has signed an agreement to acquire the Brazil based…

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Sodexo to acquire AH Management

July 24, 2023

Sodexo PLC, a Paris-based food and facilities management provider, has agreed to acquire A.H. Management, a Rolling Meadows, Illinois-based convenience…

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Beer vending machines debut in the UK

July 24, 2023

Beer vending machines called EBars have been deployed at sporting and cultural events in the U.K., according to a report in The Guardian.

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Pokemon card machine debuts in UK

July 21, 2023

Pokemon fan Alex Harrison of Hull, U.K. has installed what he believes is the first dedicated Pokemon card vending machine in Yorkshire, U.K., according to a…

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