During challenging economic times, Dollar General continues to resonate with customers who are looking for value and convenience. During its latest earnings report Thursday (March 16), the discount retailer credited its continued focus on its customers, and remains optimistic about its ability to meet...
Today in B2B payments, Balance and Mirakl partner to enable seamless payments on B2B marketplaces, Procurant and Uber Freight Team to streamline logistics for suppliers of fresh produce, and Tempo France and Orokii open a remittance corridor. Plus, Jiko raises $40 million to “transform the...
Food prices in the U.S. are higher than they have been in almost a half-century, thanks to disruptions in the supply chain, economic issues and spikes in viral infections. According to the Associated Press, prices spiked in April by 2.6 percent — a higher number...
Fresh foods present a singular problem for grocers when it comes to keeping the shelves stocked. They don’t come with expiration dates stamped on, they tend to vary in terms of quality and seasonal availability, consumer preferences are highly variable and they have a relatively short...
July 12, 2023
Silo Technologies, a provider of financial technology for distributors and grower shipper businesses in the perishable food supply chain, has raised $132 million in new capital. This includes a $32 million Series C round and a $100 million funding facility from First Citizens Bank, Silo Technologies said in a Wednesday (July 12) press release. The new […]
June 01, 2020
Food prices in the U.S. are higher than they have been in almost a half-century, thanks to disruptions in the supply chain, economic issues and spikes in viral infections. According...
November 19, 2019
Grocery retailer Kroger is partnering with Berlin farming startup Infarm to offer “living produce farms,” Kroger announced in a press release on Tuesday (Nov. 19). This is the vertical farming...
July 18, 2018
To make self-checkout more user-friendly and enjoyable, Target has rolled out updates to the experience. For example, Target is now allowing consumers to select produce by using emojis, the retailer...
