food and beverage

Online Grocery Prices Dip for First Time Since Pandemic
Online Grocery Prices Dip for First Time Since Pandemic
November 12, 2024  |  Economy

Online grocery costs reportedly fell last month, their first dip since the COVID-19 pandemic. The cost of food declined by 0.1% in October compared to...

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Global Food Commodity Prices Reach Highest Level in 18 Months
Global Food Commodity Prices Reach Highest Level in 18 Months
November 08, 2024  |  Economy

Globally traded food commodities rose to their highest level in 18 months in October, driven by adverse weather conditions and other challenges. The FAO Food...

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New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge
New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge
November 08, 2024  |  Retail

Amazon’s latest move into the grocery sector, through a new partnership with Mexican grocery delivery startup Jüsto, signals its push to expand its food and...

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Visa Invests in Four African FinTech Startups From Accelerator Program
Visa Invests in Four African FinTech Startups From Accelerator Program
November 06, 2024  |  VISA

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s...

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KDP’s Ghost Acquisition and Coca-Cola’s AI Pivot to Personalized Ads Highlight Industry Strategies
KDP’s Ghost Acquisition and Coca-Cola’s AI Pivot to Personalized Ads Highlight Industry Strategies
October 24, 2024  |  Earnings

Keurig Dr Pepper (KDP) and The Coca-Cola Company are adapting to changing consumer preferences. KDP’s acquisition of Ghost underscores its strategy to expand into high-growth...

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Lidl Refreshes Brand to Capture Discount Grocery Buyers
Lidl Refreshes Brand to Capture Discount Grocery Buyers
October 18, 2024  |  Retail

Lidl reportedly relaunched its brand to stand out among other budget grocers. The company — whose rivals in the United States include fellow German supermarket...

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Amazon Tests ‘New Concept’ Satellite Grocery Store Next to Whole Foods
Amazon Tests ‘New Concept’ Satellite Grocery Store Next to Whole Foods
October 18, 2024  |  Amazon Commerce

Amazon is expanding its grocery reach with a new type of store. The company opened a store called “Amazon Grocery” within the same Chicago building...

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Instacart Appoints Ex-Uber Executive Anirban Kundu as Chief Technology Officer
Instacart Appoints Ex-Uber Executive Anirban Kundu as Chief Technology Officer
October 16, 2024  |  Personnel

Instacart appointed former Uber executive Anirban Kundu as its new chief technology officer. In his new role, Kundu will lead Instacart’s technical team “as we...

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FreedomPay Partners With Stripe to Help Businesses ‘Unify Commerce’
FreedomPay Partners With Stripe to Help Businesses ‘Unify Commerce’
October 09, 2024  |  Partnerships

Commerce technology firm FreedomPay launched a partnership with financial infrastructure platform Stripe. The collaboration aims to “unify commerce” by allowing businesses to use Stripe for...

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