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☆ Inflation seems to be cooling again. Americans aren’t buying it
▼ + stars: | 2024-05-31 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

A slew of big-box retailers have lowered prices on items in recent weeks, citing moderating inflation and frugal customers. Recent economic data has also suggested that inflation is cooling, after data earlier this year spurred fears that progress had stalled. Yet Americans don’t seem convinced that inflation is moderating or that the economy is as healthy as indicators suggest. Mortgage rates have declined in recent weeks but remain near 7%. Target announced plans to cut prices on thousands of consumer basics as inflation cuts into household budgets.

Persons: aren’t, Charles Schwab’s, ”, James Kostulias, Charles Schwab, Joe Raedle, Jerome Powell, Powell, Neel Kashkari, “ I’m, Schumer, Chuck Schumer, General Merrick Garland, “, Elizabeth Warren, Amy Klobuchar, Bernie Sanders, Dick Durbin, Scott Sheffield, Read, Matt Egan, Mat Ishbia, homebuyers, refinances Organizations: CNN Business, Bell, New York CNN, Walmart, Target, Ikea, Aldi, CPI, “ Traders, Minneapolis Federal, CNBC, Democrats, Justice Department, Oil, Big Oil, DOJ, Big, Federal Trade Commission, United Wholesale Mortgage, Phoenix Suns NBA Locations: New York, Miami , Florida, Minneapolis, Texas, Sens

☆ Amazon is slashing prices on 4,000 grocery items, joining Target and Walmart
▼ + stars: | 2024-05-24 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

New York CNN —Amazon Fresh has joined the growing ranks of retailers that are cutting prices. It is discounting thousands of grocery items in a bid to entice price-conscious shoppers to add a little bit more to their shopping carts. In the game of chicken between stores and shoppers, it’s the stores that finally appear to be yielding. For Prime members, Amazon Fresh is stacking more savings by offering a 10% discount on hundreds of online grocery items. Last week, Walmart (WMT) said it has rolled back prices on nearly 7,000 items in its stores, saying it was seeing deflation on some key grocery items.

Persons: Sarah Wyeth, “ There’s, ” Wyeth, ” Claire Peters Organizations: New, New York CNN, Target, Walmart, Shoppers, CNN, Savings, Amazon, Aldi Locations: New York, United States

☆ Walmart just opened two new Neighborhood Markets with a larger layout. Take a look.
▼ + stars: | 2024-05-21 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

The first two new stores in Walmart's 150-location plan have opened in Florida and Georgia. The Neighborhood Markets are almost 50 percent larger than Walmart's typical grocery-focused store. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe first two locations in Walmart's five-year, 150-store expansion plan have opened in Florida and Georgia. The pair of grocery-focused stores are the first new openings in Walmart's Neighborhood Market segment in more than four years.

Persons: — Organizations: Service, Business Locations: Florida, Georgia

☆ The biggest bombshells from Michael Cohen's testimony were all in Trump's own words
▼ + stars: | 2024-05-13 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +11 min

But in his under-oath testimony for Trump's criminal trial Monday, Cohen placed Trump firmly in the room where it happened. AdvertisementIn 2015, Trump told Cohen he would run for president. When Cohen told Trump about it, his response was, "She's really beautiful," Cohen said. According to Cohen, Trump's goal was to postpone the payment until after the November 2016 election, at which point he didn't think it would matter. "I used quite a few expletives," complaining to Weisselberg, Cohen told jurors.

Persons: —, Michael Cohen, Stormy Daniels, Donald Trump's, Cohen, Trump, Trump's, Daniels, Karen McDougal, Donald Trump, Jon Kopaloff, Curtis Means, Steve Granitz, " Cohen, David Pecker, Hillary Clinton, Ted Cruz's, Lee Harvey Oswald, Marco Rubio, Pecker, Melania Trump, — Cohen, TheDirty.com, Keith Davidson, Allen Weisselberg, Brendan McDermid, didn't, Weisselberg, Cohen he'd, Allen, Michael, stiffed, Susan Hoffinger Organizations: Service, Business, Trump, American Media Inc, National Enquirer, AMI, Republican, Washington Post, Manhattan Criminal Court, Reuters, Trump Organization Locations: Manhattan, Trump, Mar, Florida

☆ Fast food feels more expensive than ever before, and people are sick of it. Here's why.
▼ + stars: | 2024-05-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Analysts say fast-food prices feel particularly painful because they're rising faster than grocery prices. Fast-food prices have been shooting upRestaurant prices are determined by "two major categories" — food costs and labor costs, Citi analyst Jon Tower told BI. Related storiesFast-food chains put up their menu prices to reflect the higher food costs and payrolls. AdvertisementGrocery inflation is coolingFast food seems particularly expensive right now because grocery inflation is cooling much more rapidly, analysts BI spoke to said. AdvertisementBut the inverse is also true — grocery stores benefit much more than restaurants when food inflation cools.

Persons: —, Jim Sanderson, Jon Tower, Sharon Zackfia, William Blair, Price, Danilo Gargiulo, Bernstein, Gargiulo, they've, Garguilo, Sara Senatore, Chad Frye Organizations: Analysts, Service, Northcoast Research, Citi, US Bureau of Labor Statistics, Bank of America Locations: Russia, Ukraine, California

☆ Aldi’s ‘aisle of shame’ is a middle row of goodies that have nothing to do with groceries. Shoppers are huge fans of it
▼ + stars: | 2024-04-19 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +10 min

Inside every Aldi store is a single aisle of merchandise that mostly has nothing to do with groceries. The Wednesday rush can often be pinned on die-hard Aldi shoppers, 3 million of whom are members of the very active Aldi Aisle of Shame Facebook page and frequently post about their latest aisle of shame hauls. They know it’s Aldi,” Pratt said. The German Supermarket acquired Winn-Dixie, Harveys Supermarkets and other grocery stores in the Southeast in an attempt to increase its presence in the region. That’s where this aisle of shame fits in and helps Aldi offer its low prices overall.”

Persons: New York CNN — Caitlyn Pratt, Pratt, Aldi’s, who’s, ” Pratt, she’s, “, Caitlyn Pratt, Caitlyn Pratt Pratt, ”, I’ve, Britney Henderson, Britney Henderson Britney Henderson, “ I’m, ” Henderson, Aldi, John Clear, Alvarez, Clear, Jason Hart, Brandon Bell Organizations: New, New York CNN, Walmart, Aldi, CNN, ALDI, Morning, Target, Costco, German Supermarket, Harveys, Products Locations: New York, Heavener , Oklahoma, Arkansas, Iowa, Atlanta , Georgia, It’s, Pflugerville , Texas, Winn

But a new report from Consumer Reports said it recently compared the nutritional profiles of two Lunchables kits served in schools and found they have even higher levels of sodium than the Lunchables kits consumers can buy in stores. The non-profit consumer group said it has petitioned the US Department of Agriculture, which oversees the federally assisted school meal program, to remove Lunchables food kits from school cafeterias, as a result. The introduction of Lunchables in schools came amid proposed changes to school food guidelines by the USDA, which oversees the federally assisted school meal program. The proposed changes aimed to reduce added sugars and sodium levels in school-provided lunches. Food additives are considered “generally recognized as safe” (GRAS) by the US Food and Drug Administration, but not everyone agrees.

Persons: Lunchables, Armour LunchMakers, Oscar Mayer, can’t, “, Brian Ronholm, Kraft Heinz, ” Kraft Heinz, Carlos Monteiro, Monteiro, ” Monteiro, Heinz “ Organizations: New, New York CNN, Consumer, Natural Meat, World Health Organization, US Centers for Disease Control, US Department of Agriculture, CNN, USDA, University of Sao, NOVA, US Food and Drug Administration, Center for Science, Environmental, Kraft Locations: New York, University of Sao Paulo, Brazil

☆ Tesco and Sainsbury’s working to fix technical issues that suspended food deliveries to customers
▼ + stars: | 2024-03-16 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

New York CNN —Some of the United Kingdom’s largest supermarket chains are grappling with technical issues that have left customers without grocery deliveries and unable to make contactless payments. Sainsbury’s, which owns 600 grocery stores and 800 convenience locations across the country, said on Saturday that “an error with an overnight software update” has prevented the company from fulfilling “the vast majority” of grocery deliveries to customers. Sainsbury’s did not specify how many customers were affected. The malfunction only affected a small portion of orders, and impacted customers have not been charged. In-store shopping and placing online orders are not affected, Tesco said.

Persons: Sainsbury’s, Sainbury’s, McDonald’s Organizations: New, New York CNN, United Kingdom’s, CNN, Tesco Locations: New York, United States, Australia, Japan, Hong Kong, United Kingdom

☆ 1,000 dollar stores are closing. These cities have revolted against them for years
▼ + stars: | 2024-03-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

But critics of Family Dollar and other dollar store chains’ business practices like Hall-Harper say the closures highlight the risks of communities relying too heavily on dollar store chains. Hall-Harper has led Tulsa’s effort to restrict the growth of the three major dollar store chains — Family Dollar, Dollar Tree and Dollar General — in the predominately Black area of North Tulsa. Dollar General said it regularly hears from communities and customers asking it to bring a Dollar General store to their hometown. Backlash to dollar storesDollar General, Dollar Tree and Family Dollar have spread rapidly since the Great Recession, opening more than 15,000 small stores. US regulators reached a settlement last year with Dollar Tree over hazardous conditions in Dollar Tree and Family Dollar stores.

Persons: Vanessa Hall, Harper, “ I’ve, —, ”, Dollar, Critics, Blaine Griffin, Meijer, Stacy Mitchell, ” Mitchell Organizations: New, New York CNN, CNN, Dollar, Tulsa, Institute of Local, Chicago City, University of Toronto, UCLA, United States, Local, Research, University of Georgia, Cleveland City, Walmart, Target, Agriculture Department, Institute for Local, Federal Trade Commission, FTC, Kroger, Albertsons Locations: New York, Tulsa , Oklahoma, North Tulsa, Tulsa, Tulsa ; Cleveland ; New Orleans, Birmingham , Alabama, Fort Worth , Texas, Akron , Ohio, United, Cleveland, Chicago, Baltimore

☆ This ‘6 to 1’ trick might make your grocery shopping easier
▼ + stars: | 2024-03-13 | by ( Karla Walsh | ) edition.cnn.com time to read: +7 min

@chefwillco My 6 to 1 grocery method makes shopping cheaper and easier! Let me know how you like this grocery shopping method. The benefits of the 6 to 1 methodColeman made a fresh cheddar apple Cobb salad using his grocery hack. And you can definitely make several meals out of four proteins,” Largeman-Roth said. How to make the 6 to 1 method work for youColeman created his hack to get control of his grocery budget.

Persons: Will Coleman, Coleman, “ You’re, @chefwillco, Will Coleman “, ”, he’s, Joe’s, Will Coleman Frances Largeman, Roth, Largeman, Eva Cruz, ” Largeman, “, ” Peek, ” Coleman, Karla Walsh Organizations: CNN, Foods Locations: New York City, Dobbs, , New York, brussels, Des Moines , Iowa

☆ 4 economic reports the market cares about most next week, including a fresh look at inflation
▼ + stars: | 2024-03-09 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Within the Club, we heard this week from Foot Locker on Wednesday, then from Costco and Broadcom on Thursday. The big economic data drop of the week arrived Friday with February's nonfarm payrolls report . The center of attention is Tuesday's February consumer price index report . On Thursday, the February produce price index is due out. ET: Producer Price Index 8:30 a.m.

Persons: FactSet, Locker, Foot Locker, February's nonfarm, Jerome Powell, he's, we'll, MANU, LEN, Jim Cramer's, Jim Cramer, Jim, Mostafa Bassim Organizations: Nasdaq, Dow Jones Industrial, Costco, Broadcom, Commerce, Federal, PPI, Ballard Power Systems, Fortrea Holdings, Casey's, Vail Resorts, MTN, Daniels, Midland, Kohl's Corporation, Kanzhun, Game Technology, Manchester United, Blade Air Mobility, Clover Health, Beauty Health, Energy Vault Holdings, PHX Minerals, Guild Holdings, Finance, Heron Therapeutics, ZIM Integrated Shipping Services, Arcos Dorados Holdings, ARCO, Petco, Wellness Company, Farms, Sonoma, WSM, ESS Tech, DICK'S Sporting, Inc, Futu Holdings, Bear, Autolus Therapeutics, III Apparel, Solo Brands, Weibo Corporation, Embraer, CNBC, Washington DC, Anadolu, Getty Locations: U.S, Asana, ASAN, Williams, Washington, United States

☆ Automation helps insulate Rohlik from a bruising 2023 for the grocery delivery sector
▼ + stars: | 2024-03-07 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +6 min

Read previewInvestors couldn't get enough of grocery delivery startups during the pandemic. Rohlik is on a pathway to profitability and has broken even in several key cities, CEO Tomas Cupr told Business Insider. Advertisement"The online grocery industry didn't have the best year in 2023, but we're still growing, which is super positive," Cupr told BI. At least 19 grocery delivery startups were operating across Europe at the height of the market. "The grocery delivery market remains a challenging area in Europe.

Persons: —, Tomas Cupr, Cupr, we've, Turkey's, Germany's, Nalin Patel, Jan Hammer Organizations: Service, Venture, Business, Ventures Locations: Europe, Prague, Czechia, Hungary, Munich, London, Paris, Budapest, Vienna, Istanbul, New York

☆ I tried the viral 6-to-1 grocery-shopping method. I saved money and wasted less food.
▼ + stars: | 2024-02-23 | by ( Paige Bennett | ) www.businessinsider.com time to read: +5 min

I tried the viral 6-to-1 grocery-shopping method to see if it could improve my life. I saved money and minimized food waste, so I plan on using the 6-to-1 method again in the future. The 6-to-1 grocery-shopping method went viral when Chef Will Coleman posted a video on TikTok about how he grocery shops. So, I did the same when I tried the 6-to-1 method. Overall, the 6-to-1 method was handy, and I'd use it againI used almost all the groceries I purchased for this experiment.

Persons: —, you’ve, Will Coleman, Coleman, Paige Bennett, ricotta, pesto, Parmesan Organizations: Service

☆ Here’s what the Starbucks of the future looks like
▼ + stars: | 2024-02-17 | by ( Jordan Valinsky | Eva Rothenberg | ) edition.cnn.com time to read: +6 min

New York CNN —Starbucks has opened its first cafe designed to give customers with disabilities a “more accessible store experience,” the company announced Friday in a news release. The move is part of a wider inclusivity initiative that Starbucks has undertaken to design easily navigable retail spaces for all of its customers. Any cafe that is renovated or opened in the future will begin implementing the company’s “Inclusive Spaces Framework,” it said in the release. The store design will also take acoustics into account by using materials that minimize background noise or echoes, which could disrupt people who use hearing aids. The chain last unveiled a new store design in 2019 with much of the similar aesthetic approach left intact with the new look.

Persons: ”, Maria Town, ” Tony Coelho Organizations: New, New York CNN, Starbucks, American Association of People, Walmart, Centers for Disease Control, ” Starbucks Locations: New York, Washington , DC, United States

☆ People really don't want to tip their Uber and Lyft drivers
▼ + stars: | 2024-02-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

While nearly 90% of food delivery trips get tips, less than a third of Uber and Lyft trips get tips. That’s according to a new study of over 500,000 US gig drivers from Gridwise , a data analytics company and app that helps drivers track their earnings. The study found that nearly 90% of food delivery trips get a customer tip, compared to 75% of grocery delivery trips and 28% of Uber and Lyft ride-hailing trips. AdvertisementOne explanation for why Americans are more likely to tip food delivery drivers over ride-hailing drivers is that many tip them when their order is placed. In comparison, customers generally tip their Uber and Lyft drivers during or after a ride is completed.

Persons: —, Gridwise, Uber, Lyft Organizations: Uber, Service, Business, Gridwise, Stanford, University of Chicago, Pew Research

☆ Listeria outbreak: What to know and how to protect yourself
▼ + stars: | 2024-02-08 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

Pregnant people are about 10 times more likely to become sick from listeria, and the illness can be fatal to the fetus. Foods made with raw milk are 50 to 160 times more likely to contain listeria, the agency said. Always carefully wash your hands after touching any type of hot dog, lunch or deli meat, the agency said. Toss opened packages of deli meats or any sliced by a deli after three to five days, and hot dogs after one week. Shelf-stable foods, such as canned tuna, sardines and salmon, will not increase the risk of listeria.

Persons: queso blanco, “, ‘, CNN’s Mira Cheng Organizations: CNN, US Centers for Disease Control, Prevention, CDC, US Food and Drug Administration, FDA, Foods, •, . Locations: United States, listeria, California, Texas, brie, bologna

☆ I'm a Canadian who's lived in NYC and Toronto. Quality of life is better in Canada, but I still prefer the US.
▼ + stars: | 2024-01-30 | by ( Anna Haines | ) www.businessinsider.com time to read: +4 min

After eight years of living between New York City and Toronto, I find the quality of living is better in Canada. And yet, as a Canadian, I still prefer living in the US — particularly New York City — over my home country. I think Americans are friendlier than CanadiansThe stereotype is that Canadians are nice, and I think that does hold true. In my experience traveling across the US and meeting Americans abroad, Americans are often chattier than Canadians. Americans love pop culture, and so do II think pop culture is way more exciting in the US than in Canada.

Persons: doesn't, Ryan Gosling, Matthew Perry, Karwai Tang, There's, I've, it's, Jennifer Ortakales Dawkins, — Organizations: Apple TV, Netflix, Farm, Foods, Costco, Aldi, Target, Nordstrom Locations: New York City, Toronto, Canada, Peacock, bodega

☆ Instacart wants to turn grocery shopping into 'Pokémon GO' to get you to buy more using smart carts
▼ + stars: | 2024-01-27 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Instacart is trying to gamify grocery shopping with its Caper smart carts, an executive said. AdvertisementInstacart is trying to get you to buy more at the grocery store when you use one of its screen-equipped shopping carts — by turning shopping into a game. The company's Caper carts can show shoppers ads or discounts for products based on their buying habits, Instacart has said. McIntosh told Grocery Dive that customers spend around 30 minutes in front of the cart's screen during a visit. "We really believe that it's going to be the future of grocery shopping," CEO Fidji Simo told Bloomberg at the time.

Persons: Instacart, —, David McIntosh, McIntosh, financials Instacart, Fidji Simo Organizations: Service, Connected, Bloomberg

☆ Smart shopping carts with customized ads are the future of grocery shopping, according to Instacart
▼ + stars: | 2024-01-08 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Instacart will test ads on its Caper smart shopping carts at Bristol Farms grocery stores in Southern California, it said on Monday. This story is available exclusively to Business Insider subscribers. AdvertisementInstacart plans to have "thousands" of the Caper carts in stores by the end of 2024, Instacart CEO Fidji Simo told Bloomberg on Monday. Caper carts are just one example of the boom in what those in the industry call "retail media." AdvertisementMost retailers' ad sales are a fraction of Amazon's, which has been building its ad business for longer.

Persons: —, General Mills, That's, Fidji Simo, they're, Simo Organizations: Service, Bristol Farms, Kroger, Schnucks, Business, Del, Del Monte Foods, Bloomberg, Retailers, Walmart, Amazon, Intelligence Locations: Southern California, Del Monte

☆ Layla uses short-form videos to help tourists plan their trips. It just raised $3 million with this 8-slide pitch deck.
▼ + stars: | 2023-11-30 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +1 min

Layla has raised $3 million from the cofounders of Booking.com and Skyscanner. The Berlin-based startup uses AI and short-form videos to help people find and organize holidays. Check out the 8-slide pitch deck used to close the round also backed by Paris Hilton. A startup that uses short-form video and AI to help users find and book holidays has raised a $3 million seed round. The startup's goal is to create a platform for users to find their next holiday destination, and plan their trip itinerary.

Persons: Layla, Paris Hilton, Jeremy Jauncey, Saad Saeed Organizations: Paris, Business Locations: Berlin

☆ iRobot shares close up 39% on report Amazon deal set to get EU approval
▼ + stars: | 2023-11-24 | by ( Todd Haselton | ) www.cnbc.com time to read: +1 min

Shares of iRobot , the maker of Roomba vacuums, closed up about 39% Friday after a report said the European Union is set to approve Amazon's $1.7 billion acquisition of the company. Reuters said Thursday morning the deal is set to "win unconditional EU antitrust approval," citing three sources familiar with the matter. The European Commission is expected to rule on the deal by Feb. 14. Representatives from the European Commission didn't immediately respond to CNBC's request for comment. The acquisition marks Amazon's fourth-largest deal, behind its $13.7 billion purchase of grocery chain Whole Foods in 2017, its $8.45 billion purchase of film studio MGM in 2021 and its $3.9 billion acquisition of boutique primary-care provider One Medical, announced last July.

Persons: Roomba, —, Annie Palmer Organizations: European Union, Reuters, European, European Commission, U.S . Federal Trade Commission, Markets Authority, Amazon, iRobot, MGM, CNBC, YouTube, CNBC PRO

☆ American Dream mall in N.J. briefly evacuated on Black Friday over bomb threat
▼ + stars: | 2023-11-24 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

American Dream megamall and entertainment complex in East Rutherford, N.J. After more than 17 years in the making, it finally opened October 25, 2019. New Jersey's American Dream mall – the second largest mall in the country – was evacuated minutes after it opened on Black Friday because of a bomb threat that was later deemed unfounded, police said. Police reopened American Dream around 9:15 a.m. for shoppers and retail workers, the mall said. "The mall has been deemed safe and American Dream will be returning to normal operations. "American Dream was evacuated this morning following what was later deemed a non-credible threat.

Persons: Phil Murphy Organizations: New Jersey State Police, CNBC, East, Police, New, New Jersey Gov, Twitter, Walmart Locations: East Rutherford, N.J, American, New Jersey, stampedes

☆ Six Hours to Cook and $100 to Shop: Watch 3 NYT Food Writers Make Thanksgiving
▼ + stars: | 2023-11-20 | by ( Cc Allen | ) www.nytimes.com time to read: +42 min

‘Your dinner must be enough to feed four people.’” “’You can cook as many dishes as you’d like, but it must include a main dish and a dessert.’” “All right, cool.” “I love Thanksgiving.” “I love Thanksgiving.” “Thanksgiving is a colonialist holiday that celebrates a genocide. Minus 3.” “Oh, oh, tamarind. O.K., O.K., O.K.” “Where’s the butter? So what I’m going to do is I’m actually going to start the butter and then put the chocolate in. Souffle vibes, O.K., I’m going to do the cranberries now.” [BACKGROUND CHATTER] “Hi.” “Hi camera.” “I’m doing like a layer.

Persons: “ I’ve, It’s, “, ”, Darwin, Benjamin Franklin, He’s, Vaughn, ’, Eric, Priya, here’s, Norman Rockwell, Bhai, ” “, “ I’m, I’m, ” “ I’ve, I’ve, “ Daikon, that’d, Curry, you’ve, it’s, That’s, Turkey drumsticks, I’ll, madame, that’s, Christopher Nolan, Granny Smith, Honey Crisp, Ginger Gold, we’re, Rachael Ray, Boondi, Seth, We’ve, Olivia Rodrigo, ” “ What’s, doesn’t, you’re, matar, ” “ Eric, We’re, cilantro, ain’t, Rice, It’ll, Jennifer Coolidge, Owen Wilson, “ Owen Wilson, Vaughn Vreeland, we’ve, ” “ Aw, You’re, — ” Organizations: aha, Fuji, showtime, Brussels prepped, Mmm, cranberries Locations: Wegmans, Turkey, O.K, cassoulet, Brussels, ”, Here’s

☆ Britain's Ocado secures first deal beyond grocery retail
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

An Ocado grocery delivery van is driven along a street in London, Britain, March 25, 2023. It also holds a 50% share of Ocado Retail in the UK in a joint venture with Marks & Spencer (MKS.L). The deal with McKesson will see Ocado receive upfront fees during the construction process with the final payment upon final installation. Ocado said the impact of the deal will be minimal on cash flow and earnings in its current financial year. In July, the group reported a return to first half underlying profit.

Persons: Toby Melville, Canada Ocado, McKesson, Tim Steiner, we're, Spencer, Ocado, James Davey, Prerna Bedi, Shilpi Majumdar, Kirsten Donovan, Barbara Lewis Organizations: REUTERS, Kroger, Casino, Marks, Times, Thomson Locations: London, Britain, Canada, Ocado, United States, Japan, France, U.S, Bengaluru

☆ I went to Logan Paul and KSI's Prime pop-up, where everything was gold and fans lined up down the block to try to win a $500,000 bottle
▼ + stars: | 2023-11-13 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

To celebrate the sale of its billionth bottle, Prime opened two limited stores in London and NYC. The stores was gold themed, and included the chance to win a $500,000 gold Prime bottle. In New York, where Logan Paul was running operations at the local Prime store, the matching gold bottle was recorded melting, as there could only be one winner. For example, visitors of the Prime London store received a gold bottle with a custom flavor and the words "London 1,000,000,000" printed on it. Now, the gold Prime bottle can be found for sale on the Central Sweet Supply website for £139.99 (about $171).

Persons: YouTubers KSI, —, YouTube megastars Logan Paul, It's, Logan Paul, Ellie Whitby, Emanuele Maccotta, she'd, Steve Cooper, Cooper Organizations: Service, YouTube, Prime London, London Prime, Sweet Supply, Central Sweet Supply Locations: Logan, London, New York City, New York, Whitby

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