Last week New York City was host to the Indoor AgTech Innovation Summit, an event which drew 600 attendees, featured 90 speakers and included representatives from 42 countries. For a sector with some history of hyperbole about its role in feeding the world, the presentations and discussions during this event featured an overall balance of
Food & Drink
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
As a wine tourism destination, Tuscany is hard to beat. Whether you’re driving through the landscape, wandering the streets of Florence or Siena, or soaking in the region’s epic architecture and art, there are multitudes of sensory pleasures to complement your wine experience. Sometimes, though, a wine destination closer to home is the right fit
Topline Stocks fell for a second day in a row on Tuesday as markets failed to build on last week’s strong rebound from 2022 lows, with investors once again selling off shares amid looming recession fears and new economic data showing that consumer confidence plunged to a 16-month low. Key Facts Stocks erased earlier gains
When people think about the economic drivers of the Colorado tourism industry, the obvious ones quickly surface. Cannabis, craft beer, skiing, hiking, and camping all bring throngs of visitors to the Mile High State. But another industry has been steadily drawing more visitors each year yet is still flying under the radar, but that could
Earlier this month at Dubai International Airport (DXB), a full collection of The Macallan Six Pillars was sold to a private collector for a new record price of $816,748, the highest price ever paid at retail for the exclusive set. The sale took place at Le Clos, wholly owned by Maritime and Mercantile International (MMI),
Given Chloe, Poppy and Cara Delevigne’s respective professional successes over the years, it’s surprising it took a global pandemic to join forces. The sisters’ very first collaborative venture—Della Vite—launched in the UK in August 2020 with the unveiling of two premium Proseccos: Della Vite Prosecco Superiore DOCG and Della Vite Treviso DOC. And, despite a
Challenges abound as industrial agriculture is threatened by access to key resources from water to healthy soils. As a devastating and historic drought from Illinois to Texas to California grinds on, sophisticated mapping and data projection bring more bad news: Agricultural areas are among the places in the U.S. experiencing the highest temperature increases. “It’s
After a particularly grueling work trip of traveling through ten countries in ten days, Rodney Tipton told his wife that during the few minutes of downtime, he had the chance to listen to the song “Acquiesce” from singer K.D. Lang and that it inspired him to one day have a property and call it Acquiesce.
The kitchen in the Sanz home Bodegas Severino Sanz The incredible smells of thick steaks cooking over a wood fire fueled by grapevines encourage drool to form at the guests’ mouths as they eagerly wait in anticipation for a meal of a lifetime. The large centuries-old kitchen had festive Spanish music playing in the background
The San Francisco World Spirits Competition celebrated its 22th iteration back in April, and this time around it was bigger than ever. “With over 5000 entries from 40 countries we are by leaps and bounds the largest and longest running blind judging event [in the world],” according to Amanda Blue, president of the event. “This
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
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
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
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
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
Made with a golden pastry enveloping a tender beef and vegetable filling, Cornish pasties have humble origins. Originated as a portable lunch for workers and notably miners, everything in a pasty — from the pastry dough to its fillings — is made to withstand a journey underground without falling apart. For more, visit: Home MORE
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
After two years of celebrating the Spirited Awards virtually, the Tales of the Cocktail Foundation is finally ready to fete the year’s honorees and winners in New Orleans this July—much to the delight of the industry. Long acknowledged as one of the hospitality industry’s top honors, the Spirited Awards has been recognizing the finest bars,
Inflation has returned, and not just at the gas pump. While raising consumer prices is always risky, many F&B companies have had to take that chance as freight and material costs have skyrocketed. Some are finding that hiking prices hasn’t hampered demand much, at least for now. Campbell Soup Co., Kellogg’s, and Kraft Heinz all