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How AI is changing the food and beverage industry

An increasing number of food and beverage companies are using artificial intelligence (AI) to stay productive and profitable. It is impacting many aspects of the industry, such as production, distribution, marketing, consumption, packaging and storage. The increase in AI...

source: By Bambi Majumdar
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Food industry mergers and acquisitions neared a record in 2017, but in most cases the emphasis was on "small." Merger and acquisition activity reached its highest point in more than 15 years, according to data tracked by The Food Institute.

source: Food Processing

As written by national leader of Marcum's Food and Beverage Services group Louis Biscotti, "In a previous article, I discussed the importance of tracking gross to net sales, deduction management systems and how 80 percent of a company's profits are generated by 20 percent...

source: Forbes

A research report revealed that more than half of legal and illegal immigrants living in the United States are receiving some sort of welfare benefits from the government. The study also divulged that immigrants residing in the U.S. use 57 percent more taxpayer-funded food...

source: One News Now

A recent University of South Florida study found loud music in a restaurant or supermarket can lead consumers to make unhealthy food choices, while quieter music may foster better food buys, Retail Wire reports. The genre of music does...

source: Food Dive

Goya jumped five spots to reach the No. 2 spot in Engagement Labs' TotalSocial ranking of how food brands are faring in face-to-face (offline) and social media (online) conversations, per a news release. Pillsbury moved from 13th place...

source: Food Dive

Albertsons Cos. Inc. and Rite Aid Corp. have mutually agreed to terminate their planned merger. Citing the views expressed by the drug store chain's stockholders as the reason, Rite Aid Chairman and CEO John Standley said his company is "committed to moving forward and...

source: Progressive Grocer

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