Instacart recently announced a round of funding that evaluates the firm at some $7 billion. That is amazing for a firm whose drivers are presumably not employees and that holds no real inventory but sells food. It may seem like a naïve question, but what does Instacart do exactly? I know it delivers food, but […]
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A few days ago, the Chicago chain of grocery stores, Treasure Island Foods, announced that it is closing. The store has been a Chicago institution for some 55 years, serving urban areas with mostly small format stores, filled with both common and hard to find items. Julia Childs once called Treasure Island Foods, “America’s most […]
Alsi, Amazon, Chicago, Costco, Customer Service, Data, E-Commerce, featured, Food, foods, grocery, Instacart, Jeff Bezos, Julia Child, margin, mustard, olive oil, prices, Pricing, rent, Retail, service, shipping, Treasure Island Foods, Whole Foods
Big Food…Big Problems This week, the CEO of Campbell’s announced that she is stepping down. The storied firm of 149 years also announced a review of its portfolio, including soup, and its future as a stand-alone company. The challenges at Campbell’s are also being seen in other Big Food firms, like Kraft, Mondelez, PepsiCo, Coca […]
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Career Advice, Innovation, Leadership
Turnaround Advice: Think Outside the Box at Chipotle! The recent news that Steve Ells is stepping down from Chipotle as CEO and that Chipotle has hired Brian Niccol, former Taco Bell CEO, to lead the chain through a turnaround has shocked many foodies and confirmed the dysfunction at Chipotle assumed by many industry experts. The […]
Brian Niccol, burritos, Chipotle, featured, Food, Innovation, Leadership, McDonald's, Mexican Food, Mexican good, QSR, Steve Ells, Taco Bell, Turnaround, Turnaround Advice, Wegman's
The below blog appeared originally at EcoCentric, a leading channel for sustainable food practices. Over the last few years, students in the Kellogg Analytical Consulting Lab, a popular lab class that I founded and teach, have undertaken novel research on the economic drivers and performance of the food industry. It is wonderful to see our […]
Beef, Better Beef, Better Burgers, ChangingTastes, EcoCentric, featured, Food, Food Supply, Food Supply Risks, Less Beef, Restaurant Financials, restaurants, Sustainable Food, Sustainable Profits
