Is America at peak vending machine?
Collaboration with alts.co
A few months back I collaborated on a post with Alts.co. The team at Alts are experts on alternative investments. They cover everything from buying uranium to appraising vintage action figures. I’d recommend checking them out - they cover fun investing topics you won’t find anywhere else.
Vending machines are to Tokyo what red phone booths are to London or leaky bags of garbage are to New York. They pepper the streets like lost coins and constitute iconic landscape features; the type that trigger almost subliminal recognition in a photograph. Anyone who knows London instantly recognizes the red phone booths. And anyone who knows Tokyo instantly recognizes this:
Japan has over 5 million vending machines. That’s twice the density of any other country, and amounts to one vending machine per 25 residents.