Wasteless partners with European food retailers to mitigate food waste

October 13, 2020 | Case Study

Retail food waste is a leading contributor to food loss and waste in developed countries. In light of this, there is a pressing need for retail players to take a multifaceted approach to reducing food waste, including increasing the shelf life stability of food products and managing their supply chains to improve margins. To this end, technology developers like Israeli startup Wasteless provide solutions to the retail sector targeting food waste reduction. Wasteless develops a digital inventory management system for tracking the shelf life of and dynamically repricing fresh produce, dairy, and meat in retail stores. Since its incorporation in 2017, it has partnered with several European food retailers to test its algorithms for dynamic pricing.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

Already a Lux Client?

Sign In

Interested in Learning More?

Contact us to learn the benefits of becoming a Lux member.

Or call us now

For North America (Boston Headquarters)
+1 (617) 502-5300

For EMEA (Amsterdam)
+31 20 280 7900

For APAC (Singapore)
+65 6592-6978