Press Release

Invafresh Receives Prestigious BIG Sustainability Award for Transforming Fresh Food Retail

BIG Sustainability Award

We are incredibly excited to announce that Invafresh has been named Sustainability Product of the Year in the 2023 Sustainability Awards program by Business Intelligence Group. The Sustainability Awards honor those people, teams and organizations who have made sustainability an integral part of their business practice or overall mission. 

Faced with the concerning truth of 10.5 million tons of food waste produced by retailers annually, we took on a determined mission to support grocery retailers in addressing this issue. By harnessing the capabilities of analytics and AI, we introduced the Fresh Retail Platform—a practical solution that empowers grocery retailers to refine inventory management and demand forecasting. This not only helps in minimizing shrink and overstocking but also equips retailers with essential tools for informed decisions and the promotion of sustainable practices.

"Delivering solutions that support our customers’ sustainability initiatives is a core strategy at Invafresh. We're not merely providing tools; we're forging partnerships with our clients to drive positive change. The BIG Sustainability Product of the Year award is a validation of our shared commitment to creating a more sustainable future, one where success and sustainability go hand in hand"
Stephen Midgley
Vice President of Marketing at Invafresh

Over the past year, we’ve made significant strides in helping our customers achieve their sustainability goals. An outstanding example is our partnership with the leading grocery retailer Price Chopper, where we’ve prevented an impressive 20 tons of fresh food waste each week. This achievement garnered the attention of the Food Waste Reduction and Diversion Reimbursement Program, resulting in Price Chopper receiving a $100,000 grant reimbursement.

Moreover, our efforts have led to the remarkable elimination of $150 million worth of food waste annually across our client base. This achievement underscores our dedication to sustainability and our ability to deliver tangible results that positively impact both the environment and our clients’ bottom lines.

The Big Sustainability Award stands as a testament to our visionary leadership and unwavering commitment to driving innovation and sustainability within the fresh food retail sector. As we continue to pave the way for a more sustainable future, our influence on the industry remains profound.

About Business Intelligence Group 

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

Contact

Maria Jimenez
Chief Operating Officer
Business Intelligence Group
[email protected] 
+1 (909) 529-2737

About Invafresh

With a combined 500+ years of Freshology experience, the heritage of Invafresh has enabled fresh food retailers to create extraordinary store operations performance and differentiated customer experiences. As the leader of Freshology, Invafresh is deployed in over 350 grocery retailers spanning a global reach of 35 countries with $100’s of millions of Fresh revenue being transacted daily, to provide AI-enhanced demand forecasting, merchandising, replenishment, sustainability and compliance, and waste prevention solutions.  

Learn more at About Us | Invafresh.

Media Contact

Stephen Midgley
Vice President, Marketing 
[email protected]

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