Some grocers are using AI to cut food waste and boost profit margins

As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely on artificial intelligence to protect margins without losing customers. Traditional levers to protect profits or drive sales, like raising prices or running blanket promotions, are becoming less effective as shoppers split trips across multiple retailers…

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Trump tariffs fall, but trade war impacts linger

A year after President Donald Trump declared his “liberation day” and imposed sweeping tariffs on imports, kicking off a wave of economic and political uncertainty, some companies are still feeling the effects. While some industries have emerged largely unscathed — having weathered twists and turns of several tariff iterations — others, such as retail, automotive,…

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Netflix show causes food tourism increase

SEOUL, SOUTH KOREA – DECEMBER 17, 2025: Participants Jung Ho-young, Hudukjuk, Monk Sunjae, Son Jong-won, producers Kim Eun-ji and Kim Hak-min, Yoon Jumo Yoon Nara, French Papa, Chinese Cuisine Witch, and Baby Beast pose during a press conference for the Netflix series Culinary Class Wars: Black and White Chef Season 2 at JW Marriott Dongdaemun…

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Food prices could rise due to fertilizer shortages

The war in Iran could raise global food prices as the conflict disrupts fertilizer shipments through one of the world’s most critical trade routes. While energy markets have focused on oil supply risks, analysts say threats to fertilizer supply chains through the Straight of Hormuz may also bring long-term economic issues through food inflation. “Beyond…

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