Capital markets across Europe show big interest in Greenfood’s sustainability bond
Sweden’s Greenfood AB, a leader in healthy, convenient food from fruits and vegetables to sandwiches, was granted a four-year sustainability bond worth SEK 1,050 million. Greenfood Group says the bond, which is linked to its sustainability targets, drew huge interest from Nordic and European capital investors and became oversubscribed. It had received the highest potential […]
Big Five supermarket CEOs commit to sweeping climate change efforts at COP26 Summit
The five big supermarket chains promised to cut carbon emissions in their operations by 2030 during the United Nations Climate Change Conference (COP26) taking place in Glasgow. Leaders from Co-Op, Marks & Spencer, Sainsbury’s, Tesco and Waitrose all said they would do their part in helping to save the environment by trimming food waste, reducing […]
Sainsbury’s pleased with rise in grocery sales, credits ‘food-first’ initiative
UK retailer Sainsbury’s is holding steady during a challenging time for supermarket chains in the UK, posting profits overall in the half-year period that ended in mid-September. Sainsbury’s grocery sales exceeded expectations by increasing 0.8%, even as general merchandise sales tumbled nearly 6% as supply chain troubles plague the industry. But all numbers look better […]
Waitrose will give electric vans a test run for home delivery starting in 2022
While the United Nations Climate Change Conference (COP26) is ongoing, British supermarket Waitrose announced it will be the first supermarket in the UK to test-run a set of new electric vehicles for delivery in 2022. The retailer says groceries will be driven to customers in the new fleet that includes “cutting-edge wireless technology” from its […]
Aldi’s expansion across the UK will continue through New Year
In a push to bring more convenience to shoppers across the UK and Scotland, Aldi has announced it will open 15 more stores by the end of the year. The discount retail chain, which has increased its reach to 930 supermarkets across the UK, will open new sites in Edinburgh, as well as Orpington and […]
FPC Future event brings together innovation, produce tech leaders this week
The Fresh Produce Consortium is hosting a new event called FPC Future on Thursday at Epic Centre, Lincolnshire Showground that will feature the most groundbreaking developments in the industry, including robotics and automation. The goal of the event is to give produce leaders the opportunity to see how new innovations across the supply chain can […]
COVID-19 and The Produce Industry: The Great Accelerator
The produce industry is unlikely to thrive unless the country does. But with a wise collection of thought leaders, we find ourselves optimistic.
From Great Collaboration to Great Acceleration: The 2021 Perishable Pundit Thought-Leaders at The New York Produce Show And Conference
As the industry finally gets a chance to meet face-to-face at this year’s New York Produce Show and Conference, we have been astounded at the outpouring of interest and excitement by both the supply side and the buy side. We owe a tremendous debt of gratitude to this year’s industry luminaries who have volunteered to […]
