Starbucks Teams With PepsiCo On Coffee Vending Machine That Uses Heat-On-Demand Technology

Starbucks treated the financial community recently to a sneak peek into its robust innovations pipeline. Leading the charge was Gerry Lopez, president of global consumer products group, who announced that, through its joint venture with PepsiCo, the Co. aims to transform coffee vending with its plans to offer superior hot latte and cocoa beverages through the Starbucks hot vending initiative.