Indian Unilever subsidiary to merge food and refreshments division

INDIA – Hindustan Unilever Ltd (HUL), the Indian subsidiary of Unilever N.V has announced that it will combine its foods and refreshments businesses effective July in order to advance growth in line with global category […]

McDonald’s India posts US$45m loss with write-offs in the full year

INDIA – McDonald’s India, the fast food restaurant and company has reported a US$45.50m loss in full year results ended March 2017, following several write-offs in investments in its joint venture with Connaught Plaza Restaurants […]

ShopRite launches into meal kit space with new lines of gourmet and specialty food

USA – The retailers’ cooperative of supermarkets, ShopRite has expanded its range of store brands with the launch of private-brand meal kits, a new line of gourmet and specialty food, creating an internationally inspired food […]

Tiger Brands makes changes to its executive after costly Listeriosis

SOUTH AFRICA – The South African packaged goods company, Tiger Brands has announced changes to its executive leadership following a listeriosis outbreak that is reported to have cost it close to US$29 million, reported Business […]