In this week’s food industry news in 2 minutes, we examine the latest happenings within the vertical farming category.
In other food and beverage industry news, Target announced Tuesday that it is slashing prices on 3,000 grocery and essentials SKUs ahead of a shaky holiday season, reigniting the retail value wars. As inflation-weary consumers hunt for deals, global grocers are racing to stay in their baskets. … And you can read much more about Target and the overall retail outlook for the holidays, in an article on the homepage of Food Institute … dot.com FI Focus
And finally, the Supreme Court extended a pause on a judge’s order requiring the Trump administration to full fund SNAP this month. The action could be undone by legislation that would fund the government as it would also fund the food aid program, but the judicial hold will expire Thursday, reported NBC News. Full Story
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