The current COVID-19 crisis has trained a spotlight on what happens when the means of how we satisfy the most basic of needs – getting enough food to eat – are upended. Never was that more apparent than just a few weeks ago, when supermarket...
Retailers that sell products and services online have been steadily removing payment frictions from their online checkout processes, adopting checkout features like refund policies and free shipping. And, in grocery, innovators are connecting retailers with shoppers to help sell surplus food that might otherwise go unsold. All this, Today...
Supermarkets buy inventory to sell to consumers, but some of those products never end up in their hands, and instead become food waste. The USDA forecasts that grocers lose a whopping $15 billion each year in unsold fruits and vegetables. And one report notes that “without accounting...
Sustainable commerce is having a moment — well, two or three of them given how millennials and even younger consumers champion the trend — and that applies to food waste and commerce involving meat and plants. And in a new interview, PYMNTS got a glimpse...
April 01, 2020
The current COVID-19 crisis has trained a spotlight on what happens when the means of how we satisfy the most basic of needs – getting enough food to eat – are upended. Never was that more apparent than just a few weeks ago, when supermarket shelves were laid bare of everything from meat to pasta […]
January 08, 2020
Sustainable commerce is having a moment — well, two or three of them given how millennials and even younger consumers champion the trend — and that applies to food waste...
August 28, 2019
Each year, roughly 1.3 billion tons of produce is wasted, globally — discarded into landfills unconsumed. This wastes not just the fruit or vegetable in question, but also all the...
October 22, 2018
To tackle the problem of food waste, entrepreneurs are turning to a new business model in the grocery space, by creating concepts called zero-waste grocery stores, CNBC reported. These stores seek to have customers bring their own containers and sell items in bulk. New York’s Filling Station, for instance, sells items like salt and olive […]
