Food & Drink

Share to Facebook Share to Twitter Share to Linkedin As David Barber, a partner at agriculture and food investors Astanor Ventures, told me while reporting my latest feature, modern agriculture has been built on three key assumptions: Cheap energy, free water and consistent weather. Take a moment to think about that, and then pause to
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It’s a seemingly perfect Saturday morning in Los Angeles: the sun is shining bright, there’s not a cloud in the sky, and Bella Hadid is preparing to take the stage at Create & Cultivate’s 2022 Conference. The supermodel and Kin Euphorics cofounder has been anxiously awaiting this moment since she was announced as the female-entrepreneurial-event’s
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Profit-driven price inflation and supply chain issues are impacting consumer buying patterns at grocery stores. Over 87% of consumers are opting for private label items or shopping at different stores for those items, particularly to save money. These proprietary brands form the core of food retailer pricing and assortment strategy, and based on current inflationary
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Topline The stock market rebounded strongly on Friday, posting its first positive week this month as recession fears subsided somewhat thanks to positive economic data suggesting that inflation may have peaked, while some experts expressed optimism about the health of the economy. Key Facts Stocks snapped a three-week losing streak on Friday: The Dow Jones
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Share to Facebook Share to Twitter Share to Linkedin Did you catch my feature published last Saturday on the lifeless market for meatless meat? It’s gotten a lot of buzz. One food investor tweeted it out with a particularly strong reaction, saying the article “breaks through with real data and exposes the lies being spread
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My heartiest and heartfelt congratulations to Clif Bar & Company and its employees on their landmark agreement to sell to Mondelēz International! The natural energy, nutrition and snack bar maker – 20% owned by its employees – sold itself for $2.9 billion, with additional earnout possibilities. Clif Bar and Gary Erickson and Kit Crawford, its
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If health concerns over traditional meat consumption, such as heart disease and harmful cholesterol, are priming the consumer switch to the plant-based counterparts, environmental issues, notably overfishing, are what’s driving the latest craze of seafood alternatives — a whopping $175 million was invested into the sector globally in 2021, Good Food Institute showed, increasing by
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Chick-fil-A seems to be taking a page from Chipotle’s playbook. The chicken chain announced it is testing a dedicated drive-thru lane for customers who order ahead via its mobile app. According to a company blog, the “Drive-Thru Express” model is currently available at approximately 60 participating restaurants with the potential to roll out to more
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Topline Federal Reserve Chairman Jerome Powell pledged in testimony before Congress on Wednesday that the central bank is “moving expeditiously” to raise interest rates and remains “strongly committed” to doing so until there is “compelling evidence” that inflation is normalizing. Key Facts In his semiannual testimony on monetary policy to Congress, Powell faced questions from
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