Food & Drink

PepsiCo PEP Inc (PEP) traded to an all-time intraday high of $149.27 on Wednesday, June 16. This was a test of its weekly risky level at $149.26. After setting this high, the stock closed below its June 15 low of $148.07. This is known as a daily key reversal. Another reason to book profits comes
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The Canary Islands have been popular with European tourists for a long time. They love the sun, the beaches, the fascinating volcanic landscape. But do they know that the islands have a thriving wine industry? Wine production has a long history in the Canary Islands, but the modern era didn’t start until around 30 years
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Dairy farmworkers and advocates are criticizing a new fair trade label for dairy products. Fair Trade USA’s new Fair Trade dairy program is rolling out on select sku’s of Chobani Greek Yogurt. The leading Greek yogurt brand has partnered with Fair Trade USA for Milk Matters, a customized audit process for dairy supply chains to ensure fair treatment of workers, among
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Artificial intelligence (AI) is becoming a greater part of multiple industries, including groceries. From product placement on store shelves to pricing adjustments, AI is affecting grocery stores and services across the world. Investments in AI are also increasing as more companies look to technology to remain competitive, and more consumers continue to shop online. Now,
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The coronavirus pandemic has affected consumer packaged goods (CPG) brands in multiple ways. Both the CPG and grocery industries have been moving toward more online sales, and the pandemic has accelerated progress. More consumers are shopping for their groceries online, which makes digital advertising an important tool for brands trying to reach customers. A New
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Singapore-based ride-hailing and food delivery giant Grab Holdings said the completion of its merger with Nasdaq-listed bank check company Altimeter Growth Corp. has been pushed back to the fourth quarter. The merger with Altimeter, a special purpose acquisition company (SPAC), was originally scheduled to be completed in the third quarter. However, Grab said in a
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The Covid-19 pandemic shattered any illusions of a fair and resilient food system. While highly processed comfort and convenience foods trended at retail in the face of restaurant closures, supply chain disruptions and out of stocks, widespread food chain worker illnesses and deaths, and over 80 million Americans experiencing food insecurity became emblematic of the spiraling Covid-19 food system catastrophe. As
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In a groundbreaking show of solidarity and collaboration in New York City, Los Deliveristas Unidos at Workers Justice Project have partnered with several City Council members to introduce 6 bills aimed at regulating delivery apps and improving the working conditions and quality of life for delivery workers.  Los Deliveristas Unidos is a campaign by Workers Justice Project,
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