Focus Archive > Page 53

How Much is Theft Impacting Retail Shrink?

Retail theft accounts for about $45 billion in annual losses for retailers these days, according to The Coalition of Law Enforcement and Retail. That figure is up $15 billion from a decade ago and has …

Coffee Innovations Hitting Higher Gear

Coffee’s popularity in the U.S. shows no signs of slowing. More than half of Americans over 18 years old drink coffee daily, with the average coffee drinker consuming three cups of coffee per day, as …

Teatime and Beyond: A Look at the Future of Tea

Unilever Plc has reportedly kicked off the sale of large parts of its tea business, which begs the question: What’s next for the traditional drink, which has a history that dates back nearly 5,000 years …

Ag Update: Tesla-like Tractors Coming Soon

A number of startups are ready to unleash a new crop of electric tractors designed to revolutionize field production and help with other tasks. Bloomberg reported (Aug. 18) a pair of Monarch 12-foot, self-driving tractors …

Worker Shortages Spurring Rash of Labor Unrest

Chronic labor shortages and mandatory overtime appear to be fueling union unrest as the economy bounces back from the pandemic, with workers realizing they aren’t as powerless as they once were. “With the pandemic and …

Report: Eating at Home Trend Here for the Long Haul

The COVID-19 pandemic simply accelerated Americans’ shift to a home-centric lifestyle, according to a new report by The NPD Group. But the tendency to largely hunker down at home was already apparent prior to the …

What Does the Future Hold for Delivery Apps?

It seems like every few weeks food delivery apps are finding themselves in hot water. Most recently, Chicago officials accused both DoorDash and Grubhub of harming city restaurants and customers through high fees and other deceptive …

Is the U.S. Cattle Oversupply Finally Cleared?

After a tumultuous year of COVID-related meat processor backlogs, is the U.S. beef supply finally evening out? One banking and financial services company thinks so: the U.S. oversupply of beef appears to have “finally cleared,” …

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Labor Shortages Continue to Drive Supply Chain Woes

Massive supply chain disruptions continue to pervade the U.S. food sector, with labor challenges triggering shortages from raw materials and ingredients to packaged goods. Some of the largest U.S. food distributors, including United Natural Foods …

Walmart Makes Major Play in Last-Mile Delivery

Walmart plans to open up its in-house delivery platform, Spark Driver, to other businesses. The retailer is doing so to allow the independent contractors out delivering Walmart merchandise to make additional deliveries along the way, …

How Rural Population Decline Impacts U.S. Agriculture

Rural populations showed further signs of decline in the recent release of the 2020 U.S. census. The data reflects shifting demographics and signals continued labor shortages across the nation’s farming and ranching regions. A Stateline …