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Impossible Foods cuts grocery store prices 20%, to compete with the cow : president

Impossible Foods cuts grocery store prices 20%, to compete with the cow : president Alexis Christoforous The price of an Impossible Burger just got a little easier to swallow. For the first time, Impossible Foods is cutting prices of its plant-based meat at the grocery store by 20%. Popular Searches The suggested retail price for an Impossible Burger will drop to $5.49 for patties and $6.99 for a 12 oz. package in about 17,000 U.S. grocery stores including Walmart (WMT), Kroger (KR), Safeway and Target (TGT). Similar price reductions are planned in Canada, Singapore and Hong Kong. Impossible Foods President Dennis Woodside told Yahoo Finance Live the company wants to eventually undercut ground beef prices, which currently retail for $2 to $3 a patty.

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Beyond Meat, Inc (NASDAQ:BYND) - Impossible Foods Wants To Completely Replace Animals, President Says After Price Cut Announcement

Beyond Meat, Inc (NASDAQ:BYND) - Impossible Foods Wants To Completely Replace Animals, President Says After Price Cut Announcement
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Dennis Woodside

ARRIS Group (NASDAQ: ARRS) said on Wednesday after the market close that it has struck a deal with Google (NASDAQ: GOOG) to acquire the Motorola Home Business for $2.35 billion in cash and stock. The company, which is a global innovator in broadband media technology, will purchase the Motorola Home. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

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