The logistics of "last mile" food delivery and the thin margins in the grocery business delayed the inevitable, but capital is finally pouring into online grocery shopping.
FORTUNE -- The grocery business is loaded with friction, at least from a purely economic perspective. Once a week or more, shoppers must drive to stores, traipse through aisles hunting for what they want, and stand in lines -- a gigantic, continual waste of MOREDan Mitchell, contributor - Apr 4, 2014 11:21 AM ET
Coca-Cola and Pepsico must be judged not on whether they can resurrect their flagship brands, but on how well they can manage those brands' decline.
FORTUNE -- Soft-drink sales have been declining for nine straight years. This is much more than a trend -- it's a fundamental shift in consumer tastes that poses a major problem for soda makers, no matter how diversified their product portfolios might be.
The latest numbers are MOREDan Mitchell, contributor - Apr 1, 2014 2:38 PM ET
The bourbon bubble continues to expand, and a handful of multinationals strengthens its collective grip on the whiskey market.
FORTUNE -- Happy International Whiskey Day -- a day with a name that gets more appropriate with each passing year as multinational corporations continue to strengthen their collective hold on the whiskey market around the world and in the United States.
In his book Cornered: The New Monopoly Capitalism and The Economics of MOREDan Mitchell, contributor - Mar 27, 2014 4:45 PM ET
Operating in a legal limbo puts undue burdens on what are otherwise legitimate businesses. Meanwhile absence of federal oversight could cause massive problems for pot companies in the long run.
FORTUNE -- The extremely slow pace at which the federal government is moving toward its inevitable legalization of marijuana is creating two major problems, one short-term and one long-term.
In the short term, an industry that most Americans want to see legitimized MOREDan Mitchell, contributor - Mar 21, 2014 1:36 PM ET
Under assault from Wal-Mart and Costco on one side, and Whole Foods and Trader Joe's on the other, the traditional supermarket must transform or die.
FORTUNE -- Of all the numbers that have been thrown around regarding the $9.4 billion acquisition of Safeway (SWY) by Cerberus Capital Management, the private-equity company that owns rival grocery chain Albertson's, one metric stands out: market share. After the merger, the combined companies' share of MOREDan Mitchell, contributor - Mar 14, 2014 12:30 PM ET
Four of the food industry's leading critics say when there is little choice of what to eat, choice means little. But they also believe that individual consumers making educated choices is the only hope for reform.
FORTUNE -- Debates about the health effects of the industrial food system often come down to how big a role, if any, "free choice" or "personal responsibility" should play. After all, nobody's forcing anyone to MOREDan Mitchell, contributor - Feb 27, 2014 10:58 AM ET
Bringing Farmed and Dangerous to a TV network would be a major win for a show produced in part to advance a corporate interest.
FORTUNE -- Chipotle Mexican Grill (CMG) has held talks with several TV networks to continue Farmed and Dangerous, the four-part comic miniseries satirizing the industrial food system, which began running on Hulu this week.
Mark Crumpacker, chief marketing & development officer of the eco-conscious, fast-casual restaurant chain, declined MOREDan Mitchell, contributor - Feb 19, 2014 9:23 AM ET
The satire Farmed and Dangerous, produced by the burrito chain, hits its mark most of the time.
FORTUNE -- There is nothing subtle about the comedic assault on industrial agriculture mounted by the TV comedy Farmed and Dangerous. The show depicts the attempt by a company called Animoil to introduce a product called PetroPellet. Cows eat the oil-based pellets and begin blowing up. That does not stop Animoil from pushing PetroPellet onto MOREDan Mitchell, contributor - Feb 13, 2014 10:36 AM ET
Despite recent earnings volatility, Starbucks seems poised for continued growth, both globally and in the United States.
FORTUNE -- Shares of Starbucks (SBUX) are up about 6% from their lows earlier this week, propelled on Friday by an upgrade from Wells Fargo analyst Bonnie Herzog.
The market, she wrote in her note, "is underestimating the power" of the company's foray into mobile payments -- which represented an eye-popping $1 billion in revenues MOREDan Mitchell, contributor - Feb 7, 2014 3:46 PM ET
The world's tobacco giants are heavily focused on sales in developing markets, their only source of growth.
FORTUNE -- The announcement Wednesday morning by drugstore chain CVS (CVS) that it will stop selling cigarettes is a big deal. It further cements the widespread rejection of smoking in the U.S. and other Western nations. But for the world's biggest tobacco companies, it's almost meaningless.
Yes, tobacco sales generate about $2 billion in sales MOREDan Mitchell, contributor - Feb 5, 2014 1:14 PM ET
|Will millennials kill Costco?|
|Pope Francis challenges the free market - The Buzz|
|Stocks: It's report card time on Wall Street|
|Nonprofits that pay top fundraisers $1 million (or more) a year|
|How young tech millionaires invest|