Focus Archive > Page 66

Coronavirus Pushes Automation, Robotics Efforts Ahead

While many food companies already had an eye on robotics and artificial intelligence (AI), the coronavirus is accelerating efforts to deploy the technology across the grocery retail industry. Sanitation was an important aspect of any …

Vending Machines of the Future

As consumers seek out convenience and accessibility, the vending machine market is predicted to surpass $30 billion in revenue by 2024, according to Global Market Insights. Some companies are going outside the typical vending machine …

Automation Speeds Up Job Loss Amid Pandemic

Twenty-five percent of working Americans are at “high risk” of losing their jobs to automation, according to a recent Brookings Institution study. A 2017 report by McKinsey also predicted a third of workers in the …

Ghost Kitchens Grow with Delivery Dollars

Ghost kitchens—special kitchens set up to handle deliveries-are cropping up nationwide, attracting big investment and becoming an industry unto themselves built around the internet. As evidence of this growing interest, New York and Dubai-based Kitopi …

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Making Earth-Friendly Choices

One-third of food produced for human consumption is lost or wasted globally, amounting to about 1.3 billion metric tons per year, according to the Food and Agriculture Organization of the United Nations. Food is lost …

Can the Meat Industry Reduce its Environmental Impact?

The global meat industry is worth over $2 trillion, according to a report from IDTechEx. In 2017, the U.S. alone produced about 100 billion-lbs. of meat, with production growing at a rate of 2-3% per …

As COVID-19 Contagion Roils Food Industry, Adaption is Key

With continuous daily and even hourly news affecting our nation’s food supply chain, business and capital markets for food and ag-centric private equity groups, operating companies, and their investors should expect highly volatile results and …

Banning the Bag: Are Plastic Bag Bans Smart for Business?

To date, eight states-California, Connecticut, Delaware, Hawaii, Maine, New York, Oregon, and Ver-mont-have banned the use of plastic bags. Though they may have prohibited plastic bags in the name of sustainability, some states like Maine …