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Freshly Squeezed: 16.10.19

Reading Time: 2 mins
By Published On: October 16, 20190 Comments

Square launches Square for Restaurants and Kellogg's joins the Yume Pledge for food waste. Get a healthy dose of news as we uncover the day’s top stories in e-commerce and retail.

Bed Bath & Beyond Hires New CEO

Bed Bath & Beyond has hired a new CEO, Mark Tritton, effective from November 4th. This comes as the previous CEO, Mary Winston, steps down from her role after five years in the position but will remain on the Board of Directors. “Mark’s ability to re-define the retail experience and drive growth at some of the world’s most successful retailers and brands makes him uniquely equipped to lead Bed Bath & Beyond during this critical time in our evolution,” explained Patrick R. Gaston, Bed Bath & Beyond’s Chairman of the Board.

Kellogg’s Takes the Yume Pledge

In an effort to reduce food waste, Kellogg has partnered with Yume to complete the Yume Pledge. Yume is an online marketplace that provides food across Australia. The partnership aims to reduce the number of waste by providing the foodservice industry with the ‘imperfect’ food that doesn’t make it to the customers. “The Yume partnership will make it easier for others to get access to any excess ingredients we may have from time to time, and re-use these for other foods,” said Katy Barfield, Food Waste Leader and the Founder of Yume.

“There are many reasons why a manufacturer like Kellogg’s can have surplus ingredients. Either imperfect goods, deleted product lines or raw materials that are no longer needed for production. Thanks to Yume, Kellogg’s can continue to focus on creating high-quality breakfast products we all know and love, while Yume can focus on finding a new home for their surplus ingredients. It is great to see a market leader like Kellogg’s walking the talk and taking direct bold action into fighting food waste.”

Square Launches Square for Restaurants

Square, the payment platform, has launched the payment service in the food industry, dubbed Square for Restaurants. The service allows hospitality workers to provide ‘fast, accurate operations for both the front and back of house’. Square for Restaurants offers everything you need to run a full-service restaurant at full speed,” said Alyssa Henry, Seller Lead at Square. “Square has always been a great fit for smaller cafes and quick-service vendors, but we haven’t always been able to meet the needs of larger restaurants. This product enables us to step up and serve the bigger end of town, offering the robust functionality that’s needed for large-scale and multi-location operators.”

Catch up on Monday’s Freshly Squeezed news here.

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