food and beverage

Nestlé Invests $100 Million in Food Delivery Startup Wonder

Nestlé Invests $100 Million in Food Delivery Startup Wonder
Nestlé Invests $100 Million in Food Delivery Startup Wonder
November 07, 2023  |  Investments

Food and beverage giant Nestlé invested $100 million in food delivery startup Wonder. The capital comes with a partnership that aims to combine Nestlé’s expertise...

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Digital and Delivery Shape Up as Grocery’s Newest Battlegrounds
Digital and Delivery Shape Up as Grocery’s Newest Battlegrounds
November 06, 2023  |  eCommerce

The digital shift is forging new battlegrounds for the grocery segment. For the platforms and the giants of retail — Amazon and Walmart among them,...

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Convenience and Better Deals Drive Consumers’ Switch From in-Store Grocery Shopping to Digital
Convenience and Better Deals Drive Consumers’ Switch From in-Store Grocery Shopping to Digital
November 06, 2023  |  Shopping

The pandemic has significantly impacted consumer behavior, including grocery shopping habits. Traditional brick-and-mortar grocery stores are no longer the go-to channel for most shoppers, with...

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Grocery Coffee Sales Dip as Consumers Turn to eCommerce, QSRs
Grocery Coffee Sales Dip as Consumers Turn to eCommerce, QSRs
November 03, 2023  |  eCommerce

Coffee sales at the grocery store are reportedly below pre-COVID levels as consumers increasingly get their caffeine buzz from digital channels or restaurant chains. Packaged coffee...

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Starbucks Taps Additional Rewards Partnerships to Widen Loyalty Audience
Starbucks Taps Additional Rewards Partnerships to Widen Loyalty Audience
November 03, 2023  |  Loyalty & Rewards

Starbucks is adding two new rewards partners to grow loyalty engagement and reach new customers. The world’s largest restaurant chain by revenue shared in its...

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Target CEO: Stressed Consumers Trim Grocery Budgets
Target CEO: Stressed Consumers Trim Grocery Budgets
November 02, 2023  |  Retail

Target CEO Brian Cornell said the strain consumers are feeling has finally begun to impact grocery sales. Cornell said in an interview with CNBC Thursday...

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Flavrs Adds Takeout Shopping and AI-Powered Features to Food App
Flavrs Adds Takeout Shopping and AI-Powered Features to Food App
November 02, 2023  |  Connected Economy

Flavrs has added new features to its app, which pairs cooking videos with recipe data and shopping integration. “Since we started Flavrs, we’ve been busy connecting...

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Mondelēz Sees Online Grocery Growth Provide Competitive Edge
Mondelēz Sees Online Grocery Growth Provide Competitive Edge
November 02, 2023  |  eCommerce

Mondelēz International is seeing its growing eCommerce business lead to share gains against competitors. The confectionary, snack and food giant, which owns a range of...

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