Fast-food chains Dunkin’ Donuts, Baskin-Robbins acquired by Inspire Brands
US – Dunkin’ Donuts and Baskin-Robbins, two of America’s most popular fast-food restaurant chains will…
Food service, Retail, E-commerce
US retail giant Walmart rolls out new stores integrating online and offline shopping
US — US retail giant Walmart has started rolling out new test stores that function…
Nestlé buys US meal delivery company Freshly to bolster its better-for-you portfolio
US – Swiss multinational food and drink processing conglomerate Nestlé has acquired Freshly, a provider…
Indian e-commerce startup FreshToHome raises funding to expand into Middle East
INDIA – Indian e-commerce company, FreshToHome, has raised $121 million in a Series C funding…
Kellogg records rise in Q3 sales buoyed by elevated at-home demand
US –Kellogg has reported 4.5% growth in organic net sales for its third quarter amid…
California Pizza Kitchen fights to regain selling rights to frozen line from Nestlé
US – Struggling US restaurant chain California Pizza Kitchen is making efforts to regain rights…
Kerry Foods debuts limited-edition chicken bite flavours
IRELAND – Kerry Foods, a leading Irish food company, has announced the expansion of its…
Spanish delivery startup Glovo enters second market in East Africa
UGANDA – Barely two years after launching in Kenya, Spanish delivery startup Glovo has expanded…
Tesco partners Manna to launch drone deliveries in Ireland
IRELAND – Tesco, one of the world’s largest retail chain, has partnered with Irish start-up…
American restaurant chain Chick-fil-A to sell signature sauces in stores across the US
US — Chick-fil-A, Inc., one of America’s largest fast food restaurant chains, has announced that…
Simbisa Brands reports 2% decline in full-year profit despite expanding foot-print
ZIMBABWE – Simbisa Brands, a fast-food restaurant operator headquartered in Zimbabwe has reported a 2%…
Middle Eastern retailer LuLu Group acquires US$1 billion for expansion in Egypt
EGYPT – LuLu International Holdings (LIHL), one of the leading hypermarkets & supermarket chains in…
Woolworths South Africa invests US$45.7m in food price reduction fostering affordability
SOUTH AFRICA – South African retail giant Woolworths is seeking to invest R1bn (US$60.9m) in…
Pick n Pay strengthens grocery delivery acquiring Bottles as it eyes Nigerian market
SOUTH AFRICA – South Africa’s supermarket chain Pick n Pay has concluded an agreement to…
Togolese ride-hailing startup acquires food delivery business Delivroum
TOGO – Togo’s leading food delivery start-up, Delivroum has been acquired by Gozem, which started…
Lidl joins Tesco Supermarkets to cut ties with Kenyan avocado supplier Kakuzi
KENYA – A second supermarket chain in the United Kingdom, Lidl has suspended avocado supplies…
Rise in Africa’s food online marketplace forecasted to create 3 million jobs by 2025 – Jumia
AFRICA – New innovations in the food industry, are creating attractive opportunities for women and…
UK restaurant franchisor BRG acquires South African owned Gourmet Burger Kitchen
SOUTH AFRICA – South African restaurant franchisor, Famous Brands has offloaded its long-time struggling British…
Botswana supermarket chain Choppies hits PwC with US$39.5m lawsuit
BOTSWANA – Choppies Enterprises’ Senior Executives, CEO Ramachandran Ottapathu and founding member Ismail Farouk have…
B2B e-commerce platform in Egypt Fatura seeks to expand base reaching over 10,000 retailers
EGYPT – Fatura, Egyptian B2B e-commerce platform, which connects FMCG wholesalers to retailers has announced…
Shoprite levels playing field by agreeing to drop exclusive lease agreements
SOUTH AFRICA – South African retailer Shoprite has entered into a consent agreement with Competition…
Zambian e-commerce startup Lusaka Grocery Delivery undertakes pre-seed funding round
ZAMBIA – Lusaka Grocery Delivery, a Zambian grocery delivery startup has raised US$38.5k in pre-seed…
Grocery delivery service Instacart raises US$200m in new funding round
USA – Instacart, an US-based grocery delivery service, has raised US$200 million in a new…
Kenyan fast-food restaurant Big Square opens new outlet as part of its 2022 target of 30 outlets
KENYA – Big Square, a fast-food chain brand in Kenya has opened a new outlet…