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Food & Beverage: Page 181

RFID to Help Consumers Know if Olive Oil Is Really Extra-Virgin

Olive oil producers in the Italian region of Tuscany are adopting an RFID-enabled service designed to better inform customers about the finer details of their products. Brands such as Buonamici, La Ranocchiaia, SPO and Il Cavallino are integrating SpeedTap passive RFID tags created by Thin Film Electronics (Thinfilm) into the labels of their olive oil bottles.

Online Grocer Ocado Uses 4G to Communicate With Warehouse Bots

Ocado, an online-only grocer and retail solution provider, has developed a 4G-based protocol to communicate with the thousands of robots powering its new automated warehouses. These highly-automated warehouses will be offered as part of a managed service called the Ocado Smart Platform which enables international partners to build scalable, sustainable and profitable online retail businesses, the company says.

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McDonald's Alters Supply Chain to Swap Frozen Patties for Fresh Beef

McDonald's Corp. is expanding a program that ditches frozen patties in favor of fresh beef, making another break with decades of fast-food practices in a bid to revitalize the chain. Fresh beef is now being used in some sandwiches in more than 75 restaurants in the Tulsa, Oklahoma, area, McDonald's said in a statement, extending trials that began in the Dallas-Fort Worth region, where the company is preparing fresh beef in 55 locations.

Africa Could Become Fertile Ground for New Energy Investment

Africa wants to become fertile ground for new energy investment - investments that would help electrify parts of the continent and make it ripe for new businesses and new jobs, the African Development Bank says.

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Global Steel Production Rose 3.3 Percent for October

Global raw-steel production rose 2.6 percent from September to October, totaling 136,522,876 metric tons, with similar percentage increases in most of the major steelmaking nations and regions tracked by the World Steel Association. The year-over-year comparison is even higher for October, with a 3.3 percent higher in October 2016 than in October 2015.

Port of Philadelphia to Double Container Capacity

Governor Tom Wolf has announced a comprehensive capital investment program at the Port of Philadelphia that will result in more than $300m in investment in the Port's infrastructure, warehousing and equipment. The initiative will start next year and continue through 2020.

Macy's China Experiment Shows the Potential of Retail VR

Macy's this month made its debut appearance within Alibaba's Singles' Day in China. Well, sort of. It participated via a virtual reality shopping tour app featuring Macy's New York City flagship, which bills itself as the world's largest department store.

IoT Attacks Could Bring Real-World Damage, Cyber Experts Warn

Members of Congress received a warning this month about security vulnerabilities in the so-called internet of things (IoT), as cyber experts cautioned that with billions of new devices coming online, coordinated hacking attacks could become - literally - a matter of life and death.

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Durable Goods Orders Rose 4.8 Percent in October

U.S. durable goods orders rebounded strongly in October, surging past expectations amid increased demand for aircraft and other transportation machinery. The Commerce Department said orders for items meant to last three years increased $11bn, or 4.8 percent, to $239.4bn last month, following a downwardly revised 0.4 percent drop in September. Economists had predicted a 1.7 percent gain.

Report Says Shoppers Expect Better Deals to Come in December

The 2016 International Council of Shopping Centers (ICSC) Thanksgiving/Black Friday Shopping Report shows that three quarters of Americans spent the same or more this year than last year, and 44 percent of that spend was on gifts for other people. Americans shopping on Thanksgiving and/or Black Friday spent an average of $373, including approximately $100 on dining and entertainment in a shopping center.

As Trump Kills TPP, China Eyes December Talks to Fill Trade Void

Even before Donald Trump enters the White House and formally abandons a U.S.-led trade deal that represented a cornerstone of his country's economic policy in Asia, Chinese President Xi Jinping will get a chance to prove his willingness to step into the leadership vacuum.

Survey: More Than Half of Consumers Have Started Holiday Shopping

With the middle of the holiday season approaching and shoppers eager to take advantage of early promotions from retailers, more than half of consumers have started making dents in their holiday gift lists, according to the annual mid-season survey released by the National Retail Federation and Prosper Insights & Analytics.

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