Walmart is tapping automation to help its store fleet handle last-mile grocery delivery, adding local fulfillment centers (LFCs) that will turn parts of them into mini warehouses and speed up fulfillment for local customers. The …
COMMODITIES SUPERCYCLE U.S. agriculture is at the beginning of a commodity “super cycle,” according to Brett Stuart, CEO of Global AgriTrends. He said China is driving markets for beef, pork, poultry and corn, and that …
After raising an eye-opening $3.4 billion in its IPO, DoorDash is spending its funds strategically. For starters, the delivery company is acquiring meal preparation startup Chowbotics. DoorDash’s revenue rose 226% year-over-year, to $1.92 billion, in …
Lab-grown meat is getting closer to reaching consumers, and it looks like the world’s first 3-D printed ribeye is up next. Here’s a look at how we got to this point. ISRAEL: A MAJOR INNOVATOR …
Walmart decided to stop using robots that move through the aisles checking inventory levels and prices after seeing the results from about 500 stores. In January, the retailer announced plans to expand use of the …
Artificial Intelligence (AI) is turning the world upside down as technology is advancing in leaps and bounds during these turbulent times. And AI is ever present among many areas of the food industry. Firmenich, one …
Food retailers are partnering with technology companies to make their operations more efficient as the COVID-19 pandemic continues. Giant Eagle now operates FlyBuy Pickup, a curbside and in-store pickup program. FlyBuy, using location technology from …
The COVID-19 pandemic is accelerating a trend towards automation, according to a report from the Federal Reserve Bank of Philadelphia. The report found that most job losses during the public health crisis would be temporary, …
The COVID-19 pandemic will continue to affect the manufacturing capabilities of food companies through the end of 2020, but automation, social distancing, and pivoting towards healthier products could provide avenues for future growth. Meatpackers Face …
Food Institute Focus – The Online Grocer Wave and the COVID Accelerant
As delivery becomes more crucial in business, companies are always innovating to find the ideal way to complete the last mile. Amazon Prime’s free and fast shipping set the bar for the industry. During the …
Many e-commerce businesses are beginning to take advantage of artificial intelligence (AI) to help in searching, sorting, and finding relevant data. Giants such as Amazon, eBay, and Flipkart are standing on the cutting edge of …
