Nick Giovanni of Goldman Sachs will become CFO of the grocery-delivery service later this month.
Food & Services
Grocery stores are becoming dream properties—coveted but hard to prise away from their owners. Changes to accounting rules are just one reason why it has become less appealing for supermarkets to sell their real estate.
The chain’s grocery store will be an anchor tenant for a 17-story development project on 125th Street.
More than 2,000 cell towers have been damaged, as a backlash over the deregulation of the India’s agricultural industry has led to a showdown between farmers and Mukesh Ambani, India’s wealthiest businessman.
While many grocers have relied on the delivery service’s technology as the pandemic drove consumers online, some chains are concerned about Instacart’s fees and other aspects of the partnership.
Boneless hams and other processed pork products may be harder to find in supermarkets as coronavirus pressures meat plant operations.
China’s internet giants have been fighting hard for grocery shoppers this year. The market has a lot of potential but, ominously, the government is getting involved.
U.S. farmers make their living raising crops from the soil each year. Now, some are getting paid for putting something back into their fields: carbon.
Consumers were experiencing shortages in supermarkets while farmers were plowing under vegetables and dumping milk. Here’s why.
President-elect Joe Biden’s nomination of former Agriculture Secretary Tom Vilsack to head the agency again taps a familiar Farm Belt policy maker to helm a department critical to helping farmers and hungry Americans survive the coronavirus pandemic.
The Swiss insurer said it would acquire MetLife’s car- and home-insurance business, a move that will substantially boost the size of its Farmers business in the U.S.
A Trump administration complaint is the first enforcement action pursued under the U.S.-Mexico-Canada Agreement.
The weather phenomenon known as La Niña—the cool sister of the better-known El Niño—occurs every few years and has a history of have creating significant market volatility and raising prices for many foods.
The supermarket operator’s sales slowed during the latest quarter despite people eating mostly at home, illustrating mounting competition among food sellers to reach consumers during the pandemic.
The Trump administration banned the imports from China’s Xinjiang region, saying evidence suggests the products are made with the forced labor of Uighurs.
Angry Indian farmers protested in and around the capital of New Delhi over the weekend, worried that Prime Minister Narendra Modi’s decision to deregulate agricultural markets will leave them without a safety net.
Grocers say they are well-positioned to provide Covid-19 immunizations because a large share of the population lives near one of their stores and their pharmacies regularly offer shots for flu, shingles and other illnesses.
Deere raised expectations for profits next year, anticipating that higher crop prices will lead to improving demand from U.S. farmers for its tractors and harvesting combines.
Much of Singapore’s food is imported, but coronavirus-related border closures and global trade fights have shown that near-total dependence on the outside world could spell trouble.
This year’s Thanksgiving celebrations are shaping up to be a little more fancy, a little more pricey and a lot smaller than usual.