Grocery

People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City.Robert Nickelsberg | Getty ImagesFor the first time since inflation began accelerating in mid-2021, restaurant prices outpaced grocery prices on a 12-month basis, according to the Labor Department.It's a blow to the restaurant industry, which has already seen lagging traffic numbers as budget-conscious consumers cut back. For months, restaurant CEOs like Cheesecake Factory's Matthew Clark and Wendy's Todd…

The next time you're in the grocery store, you may want to take a look at how the fresh food is packaged. According to new research, toxic chemicals similar to bisphenol A (BPA) are leaching from certain labels through packaging, and into the meat, seafood, produce and other foods purchased in some Canadian and U.S. grocery stores. "We identified the thermal labels are a source in our diet directly ... so far in the world, no one had identified that the packaging could be a source of bisphenol S to the diet," said …

Grocery delivery app Instacart raised its internal stock price by 18% in late February compared with December, The Information reported on Sunday, citing a person with direct knowledge of the matter.Instacart's improvement reflects financial results from December, January and February, as well as the stock performance of similar publicly traded tech companies, the report said, adding that the new price of stock issued to employees implies a valuation of about $12 billion, up from around $10 billion.The Information in…

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When Barcelona decided to clamp down on dark stores, it opened a new chapter in the story of rapid grocery delivery. In January, the city’s authorities rolled out new restrictions on buildings used by the likes of Glovo and Getir, which had been relentlessly expanding.  These startups use dark stores as distribution hubs for their speedy deliveries. Couriers zip in and out of the buildings all day to collect goods for customers. The facilities, however, have sparked a backlash in many European…

Global real-estate investment manager Hines is paying $112 million for a suburban New York shopping center featuring a Whole Foods, the largest grocery-anchored retail sale in the U.S. since September.The sale of the 262,000-square-foot property in White Plains, N.Y., shows how demand for grocery-store complexes persists, despite rising interest rates and slowing activity for other property types. These outlets have become increasingly attractive as the pandemic winds down and consumers return to shopping in person.…

As the country’s two biggest supermarket chains envision the future of their planned megamerger, you’ll be able to purchase groceries, a coffee, patio furniture, and your allergy medicine prescription. The store deduces you might also like a humidifier to help the sneezes and some local honey, all of which it has ready for you. At dinnertime, order in sushi, which was made by a kitchen owned by the supermarket. When Kroger Co. KR -0.32% agreed to buy…

Instacart Inc. is adding OpenAI’s ChatGPT chatbot technology to its grocery-delivery app, joining a growing list of companies that are turning to the humanlike artificial-intelligence language tool in efforts to boost customer services, marketing and other automated tasks. Instacart will use the chatbot to power a new search engine designed to respond to users’ food-related questions, such as asking for recipe ideas and ingredients, or healthy meal options, the San Francisco startup said Wednesday. By tapping ChatGPT’s…

Coloradans on Wednesday can add a new item to their grocery store shopping lists. March 1 marks the first day that wine can be sold at grocery and convenience stores, the result of a bitterly close ballot measure in November that will change the way people purchase alcohol across Colorado. As of this month, around 1,900 grocery and convenience store licensees will be able to sell wine throughout Colorado, according to the Department of Revenue. Proposition 125 was too close to call for weeks after the election, ultimately…

Credit: Unsplash/CC0 Public Domain Donating to food pantries does wonders for the public image of grocery store chains. As it turns out, food donation is also great for the stores' bottom line. Northeastern business professor John Lowrey recently published a paper stating that donation of perishables improves stores' profitability…