Automatic Merchandiser - 8

TOP NEWS
365 Retail Markets
Acquires Stockwell
[ TECHNOLOGY ]

Oh My Green
Rebrands to garten
Oh My Green, which
provides healthy food and
well-being services for
corporations of all sizes,
said the rebranding better
aligns with the company's
nutrition heritage and
reinforces its vision to be
a full-service wellbeing
provider for companies. In
addition to a new name,
garten is debuting a new
look and feel of the brand,
a new logo, and marketing
initiatives to support the
launch.
VendingMarketWatch.
com/21151056

ICO Coffee Prices
Rise in July
After three months
of decreases, the
International Coffee
Organization (ICO)
composite indicator
increased by 4.7% in July
to an average of 103.66
US cents/lb. This monthly
average shows that prices
for all coffee increased in
July 2020, with Brazilian
Naturals experiencing the
biggest gain. The ICO also
noted that global exports
are 5.1% lower than this
time last year.
VendingMarketWatch.
com/21151694

365 Retail Markets

365 RETAIL MARKETS HAS
acquired Stockwell, a California-based smartstore tech company with expertise in AI,
machine learning and computer vision. 365
plans to hire select Stockwell team members
and integrate the technology platform into its
point-of-sale systems.
Looking to the future
"The future of retail is unattended, no doubt,"
said Joe Hessling, CEO of 365 Retail Markets.
"By adding the excellent Stockwell tech platform to the 365-product ecosystem we are
moving closer to our goal of a low-cost, frictionless retail experience. I am very impressed
with the team that built the technology and we
are putting our integration plans together so we
can continue to dominate our current channel
and look to other channels for future growth."

Automatic Merchandiser * September 2020

Royal Vending
Named to Inc. 5000
List for Third Year
For the third year in a
row, Royal Vending was
recognized as one of the
fastest-growing private
firms in America on the
annual Inc. 5000 list by Inc.
magazine. The operation,
located in Tigard, Ore., is
ranked 2662 on the list.
"Much of our growth was
made possible by installing
additional micro market
locations, pantry locations,
coffee locations [and]
leveraging technology,"
Royal Vending owner Ryan
Harrington told Automatic
Merchandiser. Harrington,
who owns the operation
with his wife Michelle, said
that he is very proud of
the accomplishment and
the dedication of the Royal
Vending team members.
VendingMarketWatch.
com/21150459

US Foods Launches
Ghost Kitchens
Program
Ghost kitchens are
professional kitchen
facilities that are
specifically designed
to support delivery or
carryout meals, providing
an additional revenue
stream for restaurant
operators. US Foods'
new program will give its
customers exclusive access
to resources to streamline
the process of starting
a ghost kitchen, such as
technology to identify menu
opportunities, a detailed
playbook for decision
making, marketing support,
educational webinars and
personal consultations with
US Foods specialists.
VendingMarketWatch.
com/21151060

http://VendingMarketWatch.com/21151056 http://VendingMarketWatch.com/21151694 http://VendingMarketWatch.com/21151060 http://VendingMarketWatch.com/21150459

Automatic Merchandiser

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