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Impossible Foods CFO David Lee Goes To AppHarvest

PYMNTS

AppHarvest is working to build indoor farms, combining the conventional agriculture technique with innovative tech to grow affordable fruits and vegetables at scale, the release stated. The company expects to begin its first harvest from its flagship farm, which is a 60-acre facility growing tomatoes in Morehead, Kentucky, this month.

Kentucky 159
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Alibaba Developing AI For Tmall Genie Smart Speakers

PYMNTS

The upgrade and innovation centered around its flagship Tmall Genie smart speaker will use proprietary technologies that combine AI and the Internet of Things (IoT). The investment will also help further research into IoT operating systems, edge computing and natural language processing (NLP). . “By China’s Alibaba Group is putting $1.4

Kentucky 253
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Kroger, Walgreens Pool Resources In Retail Procurement Alliance

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Kroger and Walgreens are expanding their partnership to create a new group purchasing organization (GPO) called the Retail Procurement Alliance, which will pool resources to cut costs and advance innovation, the companies said in a press release on Wednesday (Dec. trillion market. “It The food industry is a $1.5

Resources 132
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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

With the brand’s proprietary digital platform and 1 million-member base in place, Fabletics said it uses deep customer insights and enhanced market data to determine the most strategic locations for its retail locations. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

San Diego 190
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Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

New digital innovations, however, provide the promise of offering valuable customer data to merchants. These are just some of the ways that merchants are using digital innovations to better serve their customers with the help of kiosk and unattended retail technology: .

Retail 198
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LatAm’s RobinFood Says It’s A Tech Company That Sells Food … And It’s Working

PYMNTS

Despite low average incomes, Latin America offers a huge overall market size and growth potential. The average income level of the people here doesn't allow them to go to the Kentucky Fried Chickens and the McDonald's on a daily basis. Even so, Vega said that when it comes to ordering food, the masses are underserved.

Company 184
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Why Panera Does Its Own Delivery

PYMNTS

Current CEO Blaine Hurst was the prime mover behind Panera’s first large-scale delivery test in Louisville, Kentucky, four years ago. The problems were myriad: Operational complexities were much bigger than anticipated, and finding a stable of qualified delivery drivers ended up being tough.