food and beverage

Just Eat Takeaway Sold to Prosus for $4.3 Billion
Just Eat Takeaway Sold to Prosus for $4.3 Billion
February 24, 2025  |  Acquisitions

Food delivery platform Just Eat Takeaway was sold to tech investor Prosus. The deal, worth 4.1 billion euros (about $4.3 billion), will make Netherlands-based Just Eat...

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Energy, Food and Transportation Led Increase in Wholesale Prices in January
Energy, Food and Transportation Led Increase in Wholesale Prices in January
February 13, 2025  |  Economy

Higher prices for energy, food, and transportation and warehousing led a 0.4% month-over-month increase in the Producer Price Index for final demand in January. The...

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GrubMarket Settles SEC Charges That It Gave Investors Unreliable Financial Information
GrubMarket Settles SEC Charges That It Gave Investors Unreliable Financial Information
January 17, 2025  |  Regulation

GrubMarket, a private eCommerce food distributor, settled Securities and Exchange Commission charges that it violated antifraud provisions of the federal securities laws by providing investors...

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Retail and Food Services Sales Grow 3.9% YOY in December
Retail and Food Services Sales Grow 3.9% YOY in December
January 16, 2025  |  Retail

Retail and food services sales in the United States grew in December. They increased 0.4% compared with November and 3.9% compared with December 2023, according...

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Conversational AI Stirs Up Spirit Sector’s Digital Transformation
Conversational AI Stirs Up Spirit Sector’s Digital Transformation
January 14, 2025  |  Artificial Intelligence

You can order almost anything online, so why should booze be any different? That’s the $285 billion question Drinks is keen on answering, Barry Collier,...

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Select Samsung Refrigerators to Enable Grocery Orders Through Instacart
Select Samsung Refrigerators to Enable Grocery Orders Through Instacart
January 02, 2025  |  Delivery

Select Samsung refrigerators will use artificial intelligence to help consumers manage their food inventory, place grocery orders through the refrigerator’s screen and receive those groceries...

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Amazon’s Quick Commerce and Drone Advances Ignite Delivery Race With Walmart
Amazon’s Quick Commerce and Drone Advances Ignite Delivery Race With Walmart
December 13, 2024  |  Retail

It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Amazon is testing 15-minute grocery delivery in India as...

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Tech Provider Cantaloupe Debuts Vending Machine Alternative Smart Stores
Tech Provider Cantaloupe Debuts Vending Machine Alternative Smart Stores
December 10, 2024  |  Unattended Retail

Self-service commerce technology provider Cantaloupe rolled out its new Smart Stores. These stores offer a 24/7 self-service solution for retailers, residential buildings, fitness centers and...

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Amazon Tests 15-Minute-or-Less Grocery Delivery in India
Amazon Tests 15-Minute-or-Less Grocery Delivery in India
December 10, 2024  |  Amazon Delivery

Amazon is reportedly testing 15-minute-or-less grocery deliveries as it takes on Walmart in India. The eCommerce giant is joining a wave of “quick commerce” companies...

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