The temporary closure of McDonald’s 847 stores in Russia will cost about $50 million a month. A force of major American brands, including Starbucks Corp,…
View More Closure of McD’s restaurant in Russia due to war will cost approx $50 mn/monthCategory: Retail
Curefoods buys franchise rights for US-based pizza chain Sbarro
The cloud kitchen company-Curefoods, that houses brands like EatFit, CakeZone, and Great Indian Khichdi, acquires the South India franchise rights for US-based pizza chain Sbarro,…
View More Curefoods buys franchise rights for US-based pizza chain SbarroDabur partners with Indian Oil for direct-to-home sales
Dabur India is entering into an exclusive partnership with energy provider Indian Oil, which will provide direct access of Dabur’s products to around 14 crore Indane LPG consumer households…
View More Dabur partners with Indian Oil for direct-to-home salesSales of ice-creams, pkg snacks, biscuits, large packs of food products at HoReCa surged by double digits in 2022
As restrictions on travel and social gatherings are being lifted and offices and educational institutions are open, out-of-home consumption is coming back after the third…
View More Sales of ice-creams, pkg snacks, biscuits, large packs of food products at HoReCa surged by double digits in 2022To revolutionize offline retail e-tailer BigBasket buys Agrima Infotech
BigBasket, a Tata Group-owned e-tailer, has acquired the enterprise business unit of a deep-tech company, Agrima Infotech, in a bid to revolutionize offline retail. BigBasket…
View More To revolutionize offline retail e-tailer BigBasket buys Agrima InfotechNestle witnesses broad-based, double-digit, volume and mix-led growth despite a volatile economic environment
Nestle will always be on the lookout for opportunities for cost optimisation and productivity to balance sharp inflation and supply restraints. The Giant Packaged Foods…
View More Nestle witnesses broad-based, double-digit, volume and mix-led growth despite a volatile economic environmentMcDonald’s enters metaverse with virtual restaurants
McDonald’s files Trademarks to set up a location in the metaverse. The world’s largest fast-food restaurant chain – which has more than 39,000 locations in…
View More McDonald’s enters metaverse with virtual restaurantsFMCG Rural Trend: Volume growth is negative, but value growth is positive.
Companies in the FMCG industry in December quarter earnings have shown an uncommon trend in rural markets: peripheral or better-than-urban sales growth is evident in…
View More FMCG Rural Trend: Volume growth is negative, but value growth is positive.True Elements becomes the first Indian food brand to be a recipient of the Clean Label Project certificate
India’s first certified clean label brand, True Elements, has incorporated a traceability component for all its products down to the ingredient level to provide an…
View More True Elements becomes the first Indian food brand to be a recipient of the Clean Label Project certificateIndian grocery startups are luring customers with a 10-minute delivery promise, thereby sparking “quick commerce”
The promise of deliveries within 10 minutes is the new mantra of Indian grocery startups to entice tech-savvy customers, sparking a boom in “quick commerce”…
View More Indian grocery startups are luring customers with a 10-minute delivery promise, thereby sparking “quick commerce”