To cut food waste, supermarkets turn to AI to sell near-expired goods

To cut food waste, supermarkets turn to AI to sell near-expired goods
(Image: Bloomberg)
Bloomberg
By Sanne Wass(Bloomberg) – Supermarkets are missing out on untapped revenue from selling food that’s about to expire, as store workers waste hours searching for short-dated products and discounting them by hand. At least that’s the pitch from Too Good To Go (TGTG), an eight-year-old Danish company that cut its teeth addressing restaurant food waste and is now turning to grocery stores’ soon-to-expire goods. Starting this month, TGTG is selling a solution powered by artificial intelligence (AI) that assists supe...

More Technology

GenAI can have a big impact, with a little patience
Technology

GenAI can have a big impact, with a little patience

Expectations of rapid organisational change for low effort are misplaced.

Ben Moore 10 Dec 2024
NZ firm Bastion Security expands to Aus with acquisition
News in Brief

NZ firm Bastion Security expands to Aus with acquisition

Bastion is backed by investment from Australia’s Quadrant Private Equity.

Ben Moore 09 Dec 2024
Spark to be dropped from S&P/ASX 200
Markets

Spark to be dropped from S&P/ASX 200

It has been a tough year for NZ’s biggest telco.

Ben Moore 09 Dec 2024
Being AI still acquisition-focused despite hitches
Markets

Being AI still acquisition-focused despite hitches

Three plans for acquisitions in year one weren’t fully realised.

Ben Moore 09 Dec 2024