Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.

June 3, 2017

2 Min Read
5@5: First meal kit company files for IPO | Recycling food waste in New York
Image credit: Blue Apron

Blue Apron gets ready to prove food-delivery chops on IPO trail

After reportedly delaying listing preparations while it worked to reduce the cost of customer acquisition and improve margins, meal kit delivery company Blue Apron filed for an initial public offering on Thursday, giving investors a rare look at the detailed financials of a company of this kind. The meal kit delivery company's revenue more than doubled last year, but it still lost $55 million. Fellow meal kit maker Sun Basket is reportedly considering an IPO as well. Read more at Bloomberg...

 

How New York is turning food waste into compost and gas

It costs New York City some $400 million each year to ship the waste it collects to incinerators or landfills. The largest portion of that is organic waste—things that were once living. Now, the city is undertaking a multimillion dollar effort to cut down on greenhouse gas emissions by recycling that organic waste. The city is looking at ways to modify existing waste collection routes and use trucks with separate compartments for organic waste. After it's sent to private facilities for composting, what results can be used on farms or converted to biogas. City officials say that by the end of next year, all city residents will be able to recycle their food and yard waste. Read more at The New York Times...

 

This spring, the state's legislature passed the Food Immunity Bill, which enhances legal protections for stores and farmers that donate packaged or fresh food to food banks and nonprofits. The state's agricultural commissioner said that organizations have been hesitant to donate food because of fear of frivolous safety lawsuits. Read more at Modern Farmer...

 

Lawsuit accusing Whole Foods of overcharging is revived: U.S. appeals court

The U.S. Circuit Court of Appeals judge said a lower court judge erred when he decided to dismiss a class-action lawsuit against Whole Foods Market. Sean John sued Whole Foods in 2015 after New York City's Department of Consumer Affairs accused the retailer of overstating the weight of its pre-packaged food, and a U.S. District Court judge dismissed the lawsuit in 2016, saying John couldn't show that the store overcharged him for a specific purchase. Read more at Reuters...

 

Two East Bay schools, with chef Alice Waters' help, commit to serving all organic meals next year

With the help of nonprofit Conscious Kitchen, West Contra Costa Unified School District is moving to 100 percent organic school meals. The district ran a weeklong pilot program at two schools in the last year, and educators said they noticed a difference in the students. Read more at East Bay Times...

 

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