AVA has set out its vision for the future with a new name to reflect the full range of services its members offer to consumers in the UK.
The association will now be known as the Vending & Automated Retail Association. The new name represents AVA’s vision for the future – to ensure “the organisation and the industry it represents continues to be agile, innovative and deliver for its members against an ever-changing retail landscape”.
Founded in 1929 as the Coin Operated Machine Association, the trade group consists of 160 members that manage 460,000 vending machines across the UK and employs around 25,000 people, adding £1.46 billion to the UK economy, according to AVA.
David Llewellyn, CEO of the Vending & Automated Retail Association, said: “The vending industry has come a long way from its coin-operated machine roots and over the last couple of years we have seen a real shift in consumer demands and the challenges our members face”.
He added: “It was important to reassess our focus and reshape the vision of the AVA to better reflect the wide range of services our members offer, plus the innovation and resilience the industry has demonstrated in turning challenges into opportunities”.
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