Dynamic pricing system promises less food waste

Dynamic pricing system promises less food waste

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According to the United States Department of Agriculture, around 133 billion pounds of food is wasted in the U.S. each year, with around 10 percent of that occurring at the grocery store. Efforts to tackle this waste mountain have previously seen the sale of ‘imperfect’ fruit by a major grocery chain, and delivery trucks powered by biofuel produced from food waste. Now, a new technology company is proposing an ‘Internet of Groceries’ that can help prevent food waste. Wasteless is a real-time tracking solution for grocery stores, which allows stores to offer variable pricing to customers based on a product’s expiration date.

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