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Whole Foods is reportedly considering opening commercial kitchens amid rising consumer demand for prepared foods.The Amazon-owned grocer would launch these kitchens to make meals for its food bars and refrigerated cases, The Wall Street Journal reported Sunday April 9 , citing people familiar with the matter.The report notes this reverses the companys trend of outsourcing its food production, and that operating its own kitchens could
stanley cup give the grocer more control over the quality of its prepared meals. Sources tell the WSJ Whole Foods is also considering purchasing existing kitchens.Jeff Turnas, senior vice president of global culinary at Whole Foods, said as much in an interview with the news outlet. He said the company is constantly exploring food production, including running its own facilities, using in-store kitchens and working with third parties.Turnas added that COVID led the company to rethink its food offerings. Grocery chains have begun adding more prepackaged meals, and Whole Foods will follow suit, with plans to expand its sushi, sheet cake and juice bar offerings in the months ahead.The company is exploring this e
stanley cup xpansion as consumers 鈥?particularly the higher-income ones 鈥?are increasingly seeking out quick, convenient meal options during their grocery visits.PYMNTS study Digital Economy Payments: Consumers Buy Into Food Bargains found that 37% of consumers had purchased prepared food during their most recent grocery trip, a share that was on the r
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Things were somewhat quiet among the unicorns un
stanley cup til a spate of news that hit late in the week, including top down data that shows real waning of enthusiasm among the private firms that fill the coffers of these upstart enterprises.Unicorns floated down to earth in the third quarter, a report from VentureBeat said Friday.聽 The cumulative tally of unicorn funding came in at $8.3 billion, down from $17 billion last year in the third quarter. And yet there may be some life yet in the firms of size and scope that are in the public markets, or aiming to get there in the very near term.In the wake of its IPO, Coupa Software said that it closed its books on the offering, with an additional exercise of its over-allotment of shares, via underwriters.聽 That speaks to some demand for the firms shares even after a surge in the stock price.And in the wake of the recent rallies in tech IPOs, it should come as no surprise that Snapchat is coming to market, with the financial trade press reporting that the issuance could be as much as $20 billion, which would, as the Financial Times reported, lead to a ne
stanley cup w type of unicorn the mega unicorn. 聽 Morgan Stanley and Goldman are to lead the offering, said the Times.聽 The $20 billion, should it materialize, would represent a big bump up from the $15 billion valuation implied by a funding round in May of this year.Data analytics firm Palantir has come under scrutiny in recent weeks due to its hiring practices, where the firm is all
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