News

LogicLane un-wastes food with Mill Street Merchants

July 11, 2016

LogicLane LLC announced in a company press release the opening of its first community retail location, Mill Street Merchants.

"Our Mill Street Merchants business model is simple," said LogicLane and Mill Street Merchants CEO Patrick Esposito. "Tons of great food gets lost in the distribution cycle and goes to waste. Mill Street Merchants helps to eliminate food waste by finding groceries at huge discounts and then passing these extreme discounts onto our customers – both businesses and consumers. Anything that doesn't get purchased quickly at Mill Street Merchants or online at LogicLane.com gets donated to local charities for use."

The report cited an issue paper published by the National Resources Defense Council, which stated that more than 40 percent of the U.S. food supply is wasted, equaling $165 billion annually. Most of this waste is caused by inefficient models and mechanisms. Mill Street Merchants and LogicLane said in the report that it would target the nearly $40 billion of food waste that occurs between food producers, distributors and retailers. 

"Mill Street Merchants has a team of experienced food merchants that sources high-integrity, brand name food and beverage products at opportunistic prices from trusted manufacturers and distributors," said LogicLane and Mill Street Merchants Chief Marketing Officer John Gabriel Sr.  "Mill Street Merchants specializes in finding products that are outside of the normal retail distribution process to bring extreme values and amazing deals to customers and, in the process, help to stop food waste."