Automatic_Merchandiser_October-November_2020 - 9

Evan Dvorkin |Unsplash

Packaged Facts
Predicts 40% Drop
in OCS in 2020
Market research firm
Packaged Facts released a
report predicting that the
office coffee service (OCS)
market will fall 40% in 2020
due to the negative impact
of COVID-19. However,
recovery is expected to
start in 2021, especially as
more Gen Z (ages 18-24)
adults join the workforce.
As more Gen Z adults
join millennials and Gen
Xers in the workplace, office
coffee service providers
and employers should
understand their coffee
preferences, especially
considering the need for

employers to provide
quality coffee to enhance
productivity and encourage
loyalty through a broader
employee retention
strategy.
VendingMarketWatch.
com/21154299

Renetec Partners
with J&J Vending
Renetec, Inc., which
develops touch-free
vending solutions, has
partnered with J&J
Vending. Through this
partnership, Renetec will
install touch-free vending
solutions in public and
private spaces in the San
Francisco Bay Area.
VendingMarketWatch.
com/21154415

MORE ONLINE

Lavazza Partners
with WeWork
Lavazza has partnered
with flexible workspace
provider WeWork to bring
a conscious coffee offering
to WeWork members.
Lavazza will offer coffee
service including coffee,
espresso and cold brew
from the eco-friendly
¡Tierra! and Alteco product
ranges across WeWork's
portfolio of more than 300
locations. ¡Tierra! coffees
are Rainforest Certified
and support fair wages
for farm workers. Lavazza
will also provide WeWork
members the opportunity
to enjoy its products from
home.
VendingMarketWatch.
com/21153754

Elmhurst® 1925
Expands Its PlantBased Creamer Line
VendingMarketWatch.
com/21155704

Cypress Vending
Launches Touchless
Mask Station
VendingMarketWatch.
com/21154641

U.S. Bureau of Labor
Statistics Projects
Slower Job Growth
VendingMarketWatch.
com/ 21153353

ICO: Coffee Prices
Rise in August
VendingMarketWatch.
com/21154414

PEOPLE IN THE NEWS
Tech Veteran Chuck Brower
Joins Tech 2 Success

Brower

As part of the Tech 2 Success support
team, Brower will play a key role in
supporting the company's cloud hosting
and online ordering.

USAT Names Fernando Lopez Lacroix
VP of Business Development

Fernando Lopez Lacroix will focus on
increasing the company's presence in Mexico
and exploring prospects in the rest of Latin
Lopez Lacroix
America and the Caribbean.

Kanioura joins PepsiCo as EVP & Chief
Strategy and Transformation Officer

Kanioura

Athina Kanioura, who was formerly with
Accenture, will lead the company's endto-end strategy and company-wide
transformation, including digitalization and
data strategy.

Chris Strong Appointed CEO
of HABCO Manufacturing

Strong

JDE Peet's Appoints Fabien Simon CEO

NAMA's Sandy Larson to Retire

Larson

Sandy Larson, NAMA's senior director and
counsel of government affairs, will retire at
the end of 2020. She has worked with the
organization for 24 years.

HABCO's Board of Directors named Chris
Strong to the position of chief executive
officer. Strong joined HABCO in early 2018 as
president and chief strategy officer.

Simon

Simon has served as a director of JDE Peet's
and spearheaded the successful listing of the
company on the Euronext Amsterdam stock
exchange in May 2020, raising €2.58 billion.

October/November 2020 * VendingMarketWatch.com

9

http://www.VendingMarketWatch.com/21154299 http://www.VendingMarketWatch.com/21155704 http://www.VendingMarketWatch.com/21154641 http://www.VendingMarketWatch.com/21153353 http://www.VendingMarketWatch.com/21154415 http://www.VendingMarketWatch.com/21153754 http://www.VendingMarketWatch.com/21154414 http://www.VendingMarketWatch.com

Automatic_Merchandiser_October-November_2020

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