Automatic Merchandiser

APR 2016

Automatic Merchandiser serves the business management, marketing, technology and product information needs of its readers including vending operators, coffee service operators, product brokers, and product and equipment distributors in print.

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T O P N E W S hattanooga, TN- based Five Star Food Service has opened its 500th micro market. "The instal- lation of the 500th micro market marks a major milestone for Five Star," commented President and CEO Alan Recher. "We are privileged to partner with our hometown newspaper and long-time vending customer, the Chattanooga Times Free Press, on our 500th micro market." To celebrate the milestone, Times Free Press employees were treated to an expanded version of Five Star's typical micro market grand opening. The all-day celebration included a brief tutorial on how to use the market, cash to spend in the market, and raffe giveaways including iPads, FitBits, GoPro, tickets to local attrac- tions, professional sports tickets, and even a four-day trip to Disney. In addition to the celebration, Five Star and Mrs. Freshley's partnered to offer the new Blueberry Powdered and Chocolate Frosted Strawberry Mini Donuts at a special promotional price in all of Five Star's micro markets for the entire month of March. "Our employees are very excited about the market," commented The Times Free Press Human Resources Director Sheniqua Hambrick-Thomas. They are always looking for a good, affordable food option that doesn't require them to leave the offce." C Five Star Food Service Opens 500th Micro Market for the FDA's food safety activities as the respective committees examine the President's fscal year (FY) 2017 budget request. Cur- rently, the Administration's proposed FY 2017 budget for the FDA includes a proposal to impose a food facility registration and inspection fee to fund agency activities related to the Food Safety Modernization Act (FSMA). If Congress authorizes the requested fees, the FDA projects it will collect $61.3 million in FY 2017 from food and feed producers, makers and distributors. A food import fee is also proposed, with projected revenues of $105.3 million in FY 2017. In fscal years 2012 through 2016, the FDA's budget request recommended rais- ing revenue from new facility registration fees to help fund the agency's food safety activities. Congress rejected those proposals, as well as food facility registration fees during its passage of FSMA in 2011. Keurig Stockholders Approve Merger ▶ Keurig Green Mountain, Inc. announced that Keurig's stockholders formally approved the previously announced merger agree- ment relating to the pro- posed transaction between Keurig and a JAB-led investor group. Subject to the terms and conditions of the merger agreement, at the effective time of the merger, each share of Keurig com- mon stock will be cancelled and converted into the right to receive $92.00 in cash. The transaction remains subject to various closing conditions and is expected to close during the frst cal- endar quarter of 2016. Five Star Food Service reached a milestone with the opening of its 500th micro market. NAMA Signs Letter To Congress Regarding FDA's Proposed User Fees ▶ NAMA joined with more than 70 organizations in signing a letter to Congress regarding the President's Fiscal Year (2017) proposed user fees to assist in funding the Food and Drug Adminis- tration's (FDA) budget. The letter, addressed to the Chairmen and Rank- ing Members of the House and Senate Appropriations Committees, requests they allocate adequate funding C A L E N D A R O F E V E N T S MAY 5 TMVA Spring Golf Tournament & Board Meeting Teravista Golf Club Round Rock, TX Phone: 832-358-8080 www.tmva.org MAY 20 AVC Annual Meeting Clarion Hotel Hot Springs, AR Phone: 479-785-7400 www.vending.org JUNE 17-19 New England Spring Meeting Samoset Resort Rockport, ME Phone: 571-346-1901 www.massvending.org JULY 12-13 NAMA Fly-In Capitol Hill, Marriott Marquis Washington, D.C. Phone: 571-371-0944 www.namaflyin.org JULY 22 NCVA Membership Meeting Jefferson Landing Jefferson, NC Phone: 919-387-1221 www.ncvend.com OCT. 13-15 2016 Atlantic Coast Expo Embassy Suites, Kingston Plantation Myrtle Beach, SC Phone: 919-387-1221 www.atlanticcoastexpo.com 12 Automatic Merchandiser VendingMarketWatch.com April 2016

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