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Snacking their way through the recession.

Snacking Their Way Through The Recession

One business' sales that are picking up during the recession is Pickett Industries, the five state vending machine supplier that annually sells $5.5 million worth of candy bars, potato chips and colas throughout the state.

Arkansas general manager Frank Tornabene says overall business was up last month 1.5 percent, a sure sign workers are trying to save money by skipping lunch and grabbing a Snickers to hold them through the day.

A one and a-half percent increase doesn't sound like much, but Tornabene says it's plenty to the sensitive indicator. For comparison, he estimates that if the recession gets really severe (like 1981-82), sales might increase as much as three percent.

Time to buy vending machine company stock?
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Title Annotation:Pickett Industries Inc.
Publication:Arkansas Business
Date:Feb 11, 1991
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