A method and apparatus for continuously dispensing tape or ribbon from a plurality of coreless rolls of tape is disclosed herein. The apparatus includes a plurality of platforms having feed slots therein, a guide channel above the uppermost platform, motor means for rotating the platforms, and tape position detection means for turning on the motor means to align the tape being transferred to the guide channel with the guide channel. The method includes the steps of generally coaxially positioning coreless rolls of tape at vertically spaced-apart tiers, spirally interconnecting the rolls of tape, pulling the innermost tape end from the uppermost roll upwardly through an overhead guide channel and thereby forming a spiralled feeding tape segment below the guide channel, and rotating the rolls of tape to remove spirals formed in the feeding segment by the continued pulling of the tape through the guide channel.