Food and drink
CEO of online grocer Boxed says if gas prices stay high, so will grocery bills
Online grocer Boxed CEO Chieh Huang said shoppers may have to get used to paying more to fill up the fridge and pantry — especially if gas prices stay elevated. Huang told CNBC’s “TechCheck” higher fuel prices are the main driver of steeper costs in the company’s e-commerce business. Boxed sells bulk groceries, which are […]
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The war in Ukraine has caused chaos in agriculture markets, making investing a tricky proposition
The price for wheat, corn and fertilizer has shot higher since the invasion of Ukraine, putting serious pressure on the world’s agricultural system. Source
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Beyond Meat expands meatless chicken distribution to 8,000 new retail locations
Beyond Meat’s meatless chicken tenders Source: Beyond Meat Beyond Meat is expanding distribution of its meatless chicken tenders to 8,000 new grocery, pharmacy and big-box retail locations. Customers will now be able to buy Beyond Chicken Tenders at select Albertsons, Sprouts, Whole Foods Market and CVS locations nationwide. All Kroger locations also will carry the […]
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China’s services sector activity squeezed by omicron surge
Customers eating at a restaurant in China on 26 March 2022. Activity in China’s services sector contracted at the steepest pace in two years in March as the local surge in coronavirus cases restricted mobility and weighed on client demand, a private sector survey showed on Wednesday. Zhang Peng | Lightrocket | Getty Images Activity […]
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There are big shake-ups in the latest list of Asia’s 100 ‘best’ restaurants
Hong Kong is the top destination in Asia for foodies this year, according to new rankings released by the 50 Best organization. The city is home to 16 of the region’s “best” 100 restaurants, as shown in the list, released in two parts in March. Thailand and Japan tied for second place, each with 13 […]
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The co-founders of Talea quit six-figure jobs to work in craft beer: In 2021 alone, they sold 450,000 pints
Nestled in a corner of Williamsburg, Brooklyn, is Talea Beer Co., the first women-founded craft beer brewery in New York City. With their lineup of playful, fruit-forward beers, including “Lunch Date,” “Mango Tango Tart Deco,” and “Overnight Oats Granola Butter,” just to name a few, Talea Beer Co. is hoping to entice a new kind […]
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Domino’s Pizza China operator files for Hong Kong listing
DPC Dash said in a filing it is Domino’s Pizza’s “exclusive master franchisee” in mainland China, Hong Kong and Macao, with 485 directly operated stores in 10 cities on the mainland — mostly in Beijing and Shanghai. Sopa Images | Lightrocket | Getty Images BEIJING — The operator of Domino’s Pizza stores in China, DPC […]
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Grocery start-up Gopuff partners with UK retail giant Morrisons for speedy deliveries
Gopuff and Morrisons are partnering up for speedy grocery deliveries in more than 20 cities across the U.K. Gopuff LONDON — American instant delivery start-up Gopuff said Friday it has partnered with British grocery chain Morrisons to deliver items to people’s doors in a matter of minutes. The multi-year agreement will see Gopuff sell products […]
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Beyond Meat and PepsiCo launch meatless jerky as the first product under their partnership
PLANeT Partnership’s new meatless jerky alternative Source: Beyond Meat Beyond Meat and PepsiCo announced Wednesday they will launch meatless jerky as the first product under their PLANeT Partnership joint venture. The new product is rolling out to grocery stores this month in three flavors: original, hot and spicy, and teriyaki. Protein from peas and mung […]
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Impossible Foods taps Chobani executive as new CEO, founder Pat Brown steps down
Impossible Foods CEO Pat Brown in 2019 Robyn Beck | AFP | Getty Images Impossible Foods founder Pat Brown is stepping down as CEO, and Chobani’s departing operating chief, Peter McGuinness, will take the helm of the company. The transition comes after a roller coaster two years for the plant-based meat industry. Impossible and rival Beyond […]
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