Just Eat’s Gross Transaction Value Falls on Lower Orders; Backs Guidance
Backs Guidance; Just Eat said it processed 214.2 million orders in the period compared with 227.8 million
Just Eat Takeaway.com reported a decline in gross transaction value on lower orders for the first quarter and backed its full-year guidance.
The Amsterdam-headquartered food-delivery group said Wednesday that gross transaction value—a key metric for the industry—for the quarter was 6.55 billion euros ($6.96 billion) compared with EUR6.665 billion for the same period a year earlier...
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White Castle Celebrates the 20th Anniversary of "Harold & Kumar Go to White Castle"
"Harold & Kumar Go to White Castle" could be described simply as a movie. But for many people, the story about two average guys on an odyssey to follow their Crave can be classified as a magnum opus. Beginning April 20, White Castle, the iconic American fast-food restaurant, will celebrate the 20th anniversary of the theatrical release by New Line Cinema of "Harold & Kumar Go to White Castle" with treats for fans visiting their neighborhood Castle or their favorite local grocer's freezer aisle...
Grubhub Brings Grocery to its Marketplace with Mercato Partnership
Grubhub and Mercato, an online marketplace for independent grocery stores, have partnered to bring Mercato's inventory of more than 950 merchants across the country to the Grubhub Marketplace. Customers can order from hundreds of locations today, with all merchants becoming available over the next few weeks. With this first-ever third-party delivery partnership for Mercato, Grubhub is expanding its Marketplace selection, and providing even greater value for its customers by now offering grocery, convenience and alcohol merchants. Mercato's merchants can grow their business and e-commerce footprint with access...
Gopuff Partners with Misfits Market for Nationwide Launch of 300+ Fresh Grocery Items
Gopuff today launched a comprehensive and affordable Fresh Grocery assortment powered by Misfits Market. Combining Gopuff's leading instant delivery with great value driven by Misfits Market’s differentiated sourcing model, the partnership will deliver an extensive range of more than 300 items, including fresh fruit and vegetables, dairy, meat, poultry, fresh bread and more, to customers’ doors in as fast as 15 minutes.
“We are thrilled to unveil our Fresh Grocery initiative today. By capitalizing on our vertically integrated model and expansive scale...
Lineage Logistics Announces Rebranding, Changes Brand Name to Lineage
Lineage, one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide, has announced a rebranding, formally changing its brand name from Lineage Logistics to Lineage.
Established in 2012, the Lineage name reflects the company’s unique legacy and expertise in the interconnected world of cold storage and logistics. The company’s shield logo signifies the generational and entrepreneurial commitment of the many companies that have been welcomed into the Lineage family through over 110 acquisitions to form Lineage with the shared charge of keeping the global food supply safe and...
Volatile Pig Market Means Quality & Trust Are Critical When Selecting Feed Additives, Says Novonesis
With the swine market enduring ongoing volatility, producers face profitability challenges and are ever more driven to ensure they can make optimal use of their biggest cost: feed. When selecting a feed additive which helps achieve this, predictability and consistency are crucial.
In today’s Industry Perspectives piece, Novonesis’s Dr. Lea Hübertz Birch Hansen, Global Technical Product Manager, Swine, and Lena Raff, Senior Portfolio Manager, Swine, present their view on the current and future market situation while discussing the ongoing focus on delivering high quality...
Cargill and Nestlé Purina Partner on Regenerative Agriculture Adoption to Reduce Carbon Footprint
Investment in regenerative agriculture is estimated to reduce the carbon footprint of Purina’s U.S. grain supply from Cargill by up to 40 percent over the next three years
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ANALYSIS: Beef Herd Dynamics – Heifer Slaughter Rates Remain High
Amidst historical lows in the U.S. cow herd population, market observers have noted a significant uptick in the price of Fresh 90% lean boneless beef trimmings, marking nine consecutive weeks of higher weekly weighted averages. The latest Urner Barry weekly weighted average quotation is reported at $3.4936 per pound, an all-time high. This trend traces back to herd liquidation beginning in 2019, spurred by drought conditions across major cattle-producing regions and subsequent elevated feed costs, which disincentivized producers to maintain herd size...
Dine Brands Releases 2023 Environmental, Social, and Governance (ESG) Report
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“Dine Better, Together is how we describe our intention to combine business growth and competitive strength with our ESG commitments,” says John Peyton, CEO of Dine Brands. “At Dine we remain motivated to provide more than an exceptional dining experience, and we...
Urner Barry Presents Historic Awards to Industry Professionals at Executive Conference
Plus, Rising Star Award presented to industry up and comer
The 48th annual Executive Conference is underway at The Venetian in Las Vegas. Urner Barry is proud to host industry executives from the poultry, egg, and red meat industries in 2024 for this premier event. Day one kicked off with opening remarks from Urner Barry host, Russ Whitman, followed by Dr. David Kohl as the morning’s keynote speaker.
Following Dr. Kohl’s remarkable session on agricultural economics and the business trends to expect in the coming years, it was time for the annual awards ceremony. Each year, Urner Barry recognizes two exceptional individuals for their work and service to the industry—the Poultry Person of the Year and the Egg Person of the Year...
Executive Conference: Jeff Saturday on Communication and Collaboration on and off the Field
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Dr. David Kohl, Economist, kicked off the agenda with his panel titled: Agricultural Economics and Business Trends for the Late 2020s: What Is Coming Next? An Academic Hall of Famer in the College of Agriculture at Virginia Tech...
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Strong March 2024 export figures have provided a substantial confidence boost to Australian exporters to drive plans for operational expansion...
Introducing Domino's® New York Style Pizza
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Domino's New York Style Pizza is made with fresh, never frozen dough that is stretched thin, by hand. It is topped with a melty blend of cheese made with 100% real mozzarella and provolone, and cut into six big, foldable...
Online Grocery Delivery Services Market size is set to grow by USD 652.45 billion from 2023-2027
Albertsons Companies Inc., Alibaba Group Holding Ltd. and Amazon.com Inc., and more to emerge as Some of the Key Vendors, Technavio
The global online grocery delivery services market size is estimated to grow by USD 652.45 bn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 19.43% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental...
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