Local Kenyan retailer Khetia’s enters Nairobi, as Quickmart and Carrefour open new outlets

KENYA – Khetia’s Supermarket, a local Kenyan retailer majorly operating in the Western region of the East Africa country, has expanded its footprints and opened its first outlet in the country’s capital Nairobi, joining the big boys in the market. The supermarket chain operator commenced operations in Kitale town and has over the years expanded into new jurisdictions, amassing for itself a faithful following of clientele in the Western Kenya towns of Eldoret, Bungoma and Webuye towns. It has since also expanded to Kisumu as well. The company stocks a…

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India’s Jubilant Foodworks to enter European fast food franchise business through acquisition of Dutch firm

INDIA – Jubilant Foodworks Limited (JFL), which operates Domino’s Pizza and Dunkin Donuts in India, is poised to enter the European fast food chain business through an acquisition of Netherlands-based firm, Fides Food System. According to report by Economic Times India, the acquisition of Fides Food System will be made through the company’s wholly owned subsidiary – Jubilant Foodworks Netherlands BV at a cost of US$34.78 millon. Fides (currently owned by Turkish Private Equity Fund II LP) holds 32.81% equity shares in DP Eurasia NV, which is the exclusive master…

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Massmart sells eight cash and carry stores, seeks to close more outlets to stay afloat

SOUTH AFRICA – The Competition Tribunal of South Africa has approved Walmart owned South African retailer, Massmart, to sell eight of its Masscash stores to unlisted Johannesburg-based Devland Cash and Carry, for an undisclosed amount. The Masscash division consists of a wholesale segment with cash and carry food and cosmetics businesses, and retail food outlets which target the lower consumer groups. Its wholesale division consists of CBW, Jumbo Cash and Carry, Trident and Shield stores whilst the retail division is consolidated under the Cambridge Food banner and the Rhino Group.…

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Carrefour Kenya expands base to 11 stores, opens new outlet at the Coast

KENYA – Carrefour Kenya, operated by Dubai-based conglomerate Majid Al Futtaim has opened its 11th store in Kenya and 2nd at the country’s costal region in Kwale County. The new store is located at the Centrepoint Mall in Diani, becoming the anchor tenant at the outlet that was vacated by former retail giant Nakumatt in 2017. “This second store outside Nairobi aims to target and serve an even bigger customer base,” said Franck Moreau, Country Manager of Carrefour Kenya at Majid Al Futtaim Retail. The outlet sits on a 1,000…

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Cold Stone Creamery Nigeria launches online ordering platform, unveiling indulgence in consumers reach

NIGERIA – Cold Stone Creamery Nigeria, operated by franchise holder Eat‘N’Go Limited has embraced digital innovation, launching a mobile application and a website supported eCommerce platform. The platform will enable its customers to order for their ice-creams and other desserts and have them delivered at their preferred location. The Marketing Director for Eat’N’Go, Ilyas Kazeem, who expressed enthusiasm about the offering, said, “As a food and lifestyle brand, we are all about bringing satisfaction to our customers as well as making their lives easier. “We have offered all kinds of…

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Airline caterer NAS Servair partners with Jumia to offer food delivery services

KENYA – Leading e-commerce platform in Africa, Jumia has partnered with airline in-flight caterers, NAS Servair, to provide affordable meals to consumers in Nairobi and delivered to them at their preferred location. NAS is an on-site airport catering business supplying over 30 International airlines that fly into and out of Jomo Kenyatta International Airport (JKIA) in Nairobi and Moi International Airport (MIA) in Mombasa. Under the new business line dubbed Bei Poa Kitchen, consumers will pre-order meals on the Jumia Food platform before 6 PM and get it delivered the…

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Healthy food orders jump 20% as more Indians opt for healthy food in 2021- Swiggy Health Hub

INDIA – Healthy food orders have been on the rise in India as  Indians, who spent most of their time during the lock binging on junk food, move towards healthier food options in 2021, a new survey by Swiggy’s Health Hub has revealed. Data from the survey show that based on lakhs of orders, healthy food orders saw a jump of 20 per cent in January as compared to December, clearly indicating a resolve to start the year on a healthy note. While most binged-on biryani and pizzas on New…

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Japan’s Yoshinoya to set up a US$2.7 million joint venture in the Philippines with local giant Jollibee Foods

PHILIPINES – Japanese multinational fast food restaurant Yoshinoya has announced plans to set up a US$2.7 million joint venture in the Philippines with local giant Jollibee Foods Corporation (JFC). According to a report by Nikkei Asia, the joint venture will see the two companies team up to open 50 branches of the famed Japanese beef bowl restaurant in the Philippines. The joint venture which will become the franchisee of Yoshinoya comes after the company’s 20-year partnership with Century Pacific group ended recently. “Jollibee will certainly have a significant positive impact…

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Shoprite’s half year total sales rise despite alcohol sales plunging by 21.8%

SOUTH AFRICA – Africa’s largest retailer Shoprite, has indicated they are going a head with plans of exiting the Nigerian market with the sale of stake of its subsidiary, Retail Supermarkets Nigeria Limited. In a trading update, the supermarket chain owner highlighted that the terms of sale of the West African business had been concluded and that the transaction had been lodged with the Nigerian Federal Competition and Consumer Protection Commission for approval. “Management expects the transaction to be approved by the end of the 2021 financial year,” said Shoprite.…

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McDonald’s India embraces technology to enhance customer experience in 2021 and beyond

INDIA – As part of its business strategy, Connaught Plaza Restaurants the franchise holder for Mc Donald’s business in North and East India, is looking at technology, restaurant reimaging and menu innovation to drive better customer experience and engagement in 2021 and beyond. Additionally, the company says it will enhance its menu with new menu items as per the Indian taste palate, as it has been doing with some of its recent launches such as Double Patty Burgers, Dosa Masala Burger, Chicken McGrill, Piri-Piri Fries among others. The company opened…

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