food News Updates

Plans to impose duties on American agriculture imports will boost the price of fruit and vegetables as well as sugar, coffee and meat. Executives have said consumers are pinching pennies.

The CEO of Walmart Inc. said American consumers are showing signs of stress as food prices remain stubbornly high.

Cost growth outpaced sales wins due to inflation, particularly across the dairy and poultry sectors, and the carrier added that further price increases were on the way.

Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.

Shares of unprofitable food delivery platform DoorDash Inc. surged 86% in their trading debut Dec. 9, in the latest sign of investor exuberance in what already has been a record year for IPOs.

DoorDash Inc., the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that’s part of an end-of-year U.S. listings rush.

Smithfield Foods Inc. is defending its efforts to keep employees safe and supply food to the nation during the coronavirus pandemic.

JBS SA, the world’s top meat company, will shutter its pork processing facility in Minnesota following an outbreak of the coronavirus, adding to concerns that slaughterhouse logjams will tighten meat supplies for consumers.

Kroger CEO Rodney McMullen urges the public to remember that the grocery business deals in perishable goods and is set up to constantly ship and refill store shelves.

Apollo Global Management is getting back into the grocery business in a big way.