Automatic_Merchandiser_February-March_2021 - 8

365 Retail Markets
receives fresh capital

USAT announces
$55 million common
stock investment
USA Technologies Inc. has
sold 5,730,000 shares of
its common stock to certain
institutional investors
in a private placement.
Aggregate gross proceeds
were about $55 million,
before deducting fees,
based on the offering price
of $9.60 a share. The hightech payments company
reported that it will use
the net proceeds from
the offering for general
corporate purposes.

western Ohio, southern
Indiana and a majority of
Kentucky., and increases its
operating assets to 2,300
micro markets, 30,000plus vending machines,
15,000 coffee and water
service locations, and over
60 cafeterias. The addition
of John Conti Coffee Co.,
an iconic roaster, adds a
new service outlet.


DoorDash buys
food robotics firm
113974312 | Sureeporn Teerasatean | Dreamstime

Retail Markets received a majority investment from Providence Equity
Partners, a Rhode Islandbased private equity firm.
The investment amount was
not disclosed. Joe Hessling,
founder and chief executive of
365, will continue to lead the company and
maintain an ownership stake.
Things to come
Sunrise Canteen Vending, a 365 Retail
Markets expert, provides micro markets
to workplaces throughout Texas' Golden
Crescent region. The operation is expanding
its coverage to public locations, starting
with beverage sales, thanks to 365's
PicoCooler, according to Sunrise GM
Hersey Williams. Check out the full story at


Automatic Merchandiser * February/March 2021

Five Star acquires
Canteen's thirdlargest franchise
Canteen Vending's
largest franchise,
Chattanooga, TN-based
Five Star Food Service,
announced the acquisition
of an Owensboro, KYbased franchise group
comprised of four
operating companies,
including a coffee roaster
and distributor. Canteen
Service Co. of Owensboro,
Canteen Service Co. of
Kentuckiana, Derringer
Food Group and John Conti
Coffee Co., which operated
collectively as Canteen's
third largest franchise, join
the Five Star organization
in what is described as a
" transformative " deal.
The acquisition expands
Five Star's reach into

Delivery service leader
DoorDash is buying
Chowbotics, a Californiabased automated food
preparation company.
As part of the DoorDash
platform, Chowbotics
technology will be used to
help DoorDash merchants
expand menu offerings
and reach new customers
without investing in entirely
new stores.
The salad robotics
company was founded
in 2014 as businessto-business food
preparation service.
Its headline product is
Sally the Fresh Food
Robot, which functions
like a vending machine
to create custom salads,
bowls, cereals and snacks.
Sally enables ingredients
to be prepped right
where they are served.


Table of Contents for the Digital Edition of Automatic_Merchandiser_February-March_2021

Editor's Note
Industry News
OCS Update
Pandemic Proofing with PPE
Happy Returns
Future Forward
Social Hubs
Automatic_Merchandiser_February-March_2021 - PCOV1
Automatic_Merchandiser_February-March_2021 - PCOV2
Automatic_Merchandiser_February-March_2021 - 1
Automatic_Merchandiser_February-March_2021 - 2
Automatic_Merchandiser_February-March_2021 - 3
Automatic_Merchandiser_February-March_2021 - 4
Automatic_Merchandiser_February-March_2021 - Editor's Note
Automatic_Merchandiser_February-March_2021 - 6
Automatic_Merchandiser_February-March_2021 - 7
Automatic_Merchandiser_February-March_2021 - Industry News
Automatic_Merchandiser_February-March_2021 - 9
Automatic_Merchandiser_February-March_2021 - 10
Automatic_Merchandiser_February-March_2021 - 11
Automatic_Merchandiser_February-March_2021 - OCS Update
Automatic_Merchandiser_February-March_2021 - 13
Automatic_Merchandiser_February-March_2021 - Pandemic Proofing with PPE
Automatic_Merchandiser_February-March_2021 - 15
Automatic_Merchandiser_February-March_2021 - 16
Automatic_Merchandiser_February-March_2021 - 17
Automatic_Merchandiser_February-March_2021 - Happy Returns
Automatic_Merchandiser_February-March_2021 - 19
Automatic_Merchandiser_February-March_2021 - 20
Automatic_Merchandiser_February-March_2021 - 21
Automatic_Merchandiser_February-March_2021 - 22
Automatic_Merchandiser_February-March_2021 - 23
Automatic_Merchandiser_February-March_2021 - Future Forward
Automatic_Merchandiser_February-March_2021 - 25
Automatic_Merchandiser_February-March_2021 - 26
Automatic_Merchandiser_February-March_2021 - 27
Automatic_Merchandiser_February-March_2021 - 28
Automatic_Merchandiser_February-March_2021 - 29
Automatic_Merchandiser_February-March_2021 - 30
Automatic_Merchandiser_February-March_2021 - 31
Automatic_Merchandiser_February-March_2021 - 32
Automatic_Merchandiser_February-March_2021 - Classifieds
Automatic_Merchandiser_February-March_2021 - Social Hubs
Automatic_Merchandiser_February-March_2021 - 35
Automatic_Merchandiser_February-March_2021 - 36