Industry News
Canada — Sodium levels remain unchanged or even slightly higher in most of the packaged food groups sold in Canada, say researchers, who are questioning the effectiveness of the current voluntary approach to reducing salt in our food supply, writes CBC News. |READ MORE
U.S. — Forbes magazine's Bruce Y. Lee investigates the current and future trends that will change the vending industry, such as fresh food vending and online retailing. |READ MORE
International — The total market capitalization of all bitcoins in existence is now over $7 billion again, a benchmark not seen since August 2014, writes Avi Mizrahi in Finance Magnates. |READ MORE
Chicago — The U.S. consumer packaged goods (CPG) industry registered its strongest growth in four years in 2015, with some of the biggest gains achieved by companies targeting the fast-growing market for protein-rich foods and healthy snacks, reports new research by The Boston Consulting Group and Information Resources.
Canada — Moneris reported the number of contactless payments made by Canadian consumers increased by almost 109 percent in the first quarter of 2016, writes Jessica Vomiero of Mobile Syrup. |READ MORE
Toronto — The Retail Council of Canada (RCC) has announced the finalists for the 23rd annual Canadian Grand Prix New Product Awards. The award program celebrates new products across food and non-food categories, as selected by a 37-member jury. Winners will be announced June 1 at the Toronto Congress Centre as part of STORE 2016, a large retail conference.
Chicago — PayRange founder and CEO, Paresh Patel, will be presenting and demonstrating new features during a live streaming event on April 13 at 4:00 pm CDT at the NAMA OneShow.
Newmarket, ON — Justice Nyron Dwyer sentenced Natalia Pouchkina to six years in prison and ordered her to repay the millions she stole from her former employer Crane Payment Innovations, reports the Calgary Sun. |READ MORE
Newmarket, ON - Natalia Pouchkina, who stole $5.5 million from her employer Crane Payment Innovations before fleeing to Europe, will be sentenced today. The Ottawa Sun reports. |READ MORE
San Diego, CA - Fresh Healthy Vending's third quarter results for fiscal 2016 look promising to investors, reports Baystreet.ca. |READ MORE
U.S. — With sales of healthy snack bars booming in the U.S., industry experts predict vegetables and savoury flavours could become key weapons in maintaining growth. |READ MORE
Camden, NJ — Campbell Soup Company plans to complete a transition to cans that do not use Bisphenol A (BPA) linings by the middle of 2017. The company began using cans with linings made from acrylic or polyester materials in March 2016 and will continue to introduce the new linings across its U.S. and Canadian portfolio through 2017.
U.S. — An affiliate of US-based Lone Star Funds purchased N&W Global, a manufacturer of vending machines with UK headquarters, reports FoodBev Media. |READ MORE
California - Branding and innovation expert Claire Nuttall – who has worked with many global food and drink businesses – reveals her pick of snacking trends from the Natural Products Expo West show held in Anaheim this month. |READ MORE
Hawaii - Kona Joe Coffee, a family-owned 20-acre coffee farm on the Kona Coast of the Big Island of Hawaii, has been listed for sale at $14 million, reports Pacific Business News. |READ MORE
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