Domino’s unveils pizza delivery ‘hotspots’ amidst competition heat-up

USA - Domino’s Pizza Inc, the American pizza restaurant chain has stepped up its pizza delivery system with new delivery ‘hotspots’, giving consumers convenience of picking up their products at set-off points. The initiative allows customers to find the pick-up points with the location services on their smartphones, opening new sales opportunities for the company.…

Pioneer Foods signals higher profit of upto 44% for the first half

SOUTH AFRICA - The South African packaged goods company Pioneer Foods expects half year operating profit to increase 44% while headline earnings to go up 32% despite of a decline in revenue. Sales volume increased, while some of its main brands recorded a higher market share, others remained fairly stable promising a better first-half performance…

Müller Milk & Ingredients reviews food service delivery operations after incurring losses

UK - Müller Milk & Ingredients has begun reviews on its food service delivery operation supplying fresh milk and other products to 3,000 non-residential customers in England and Wales as it suffers losses of around US$7.1million per annum. The company has confirmed a 45 day review and consultation, placing 250 roles at risk of redundancy.…

Walmart nears close of majority stake deal in India’s Flipkart

USA - Walmart, the American multinational retail corporation is likely to close a deal to acquire majority stake in the Indian ecommerce company, Flipkart by June in what ET Retail reports could be the biggest acquisition of an online business by the retailer. Walmart is stepping up its online business against Amazon, which Bloomberg reports…

2 Sisters Food Group to close its Scotland plant over food safety concerns

SCOTLAND – 2 Sisters Group, UK’S biggest supplier of supermarket chain has confirmed it will shut down its Scotland plant with hundreds of poultry workers losing their jobs due to the closure. According to the Guardian, the site which employs over 450 people has been battling with issues concerning food safety and standards in the…

Accor SA acquires 50% stake in Mantis Group to expand into African hotel market

SOUTH AFRICA - Accor SA, the French multinational hotel group has expanded its reach into the African continent by acquiring a 50% stake in the South African- based Mantis Group, according to Business Report. Mantis group, traded under the name, Mantis Collection is an exclusive collection of privately owned, award-wining, star properties all around the…

Shoprite’s CFO Marius Bosman to resign in July

SOUTH AFRICA - Shoprite’s Chief Financial Officer Marius Bosman will be stepping down from his position in July, after the retailer completes its financial accounts for the year ending June, reports Business Day. He will however remain as a consultant, according to the market announcement by the firm, as he has served for as long…

US-China trade war intensifies with additional tariffs on selected US products

CHINA - China’s State Council Tariff Committee (SCTC) has announced additional tariffs on selected US products set to impact roughly US$2 billion in U.S. food and agricultural exports, cites USDA. Despite the fact that it affects most food products, dairy remains unaffected after the US Dairy Export Council signed a new agreement on March 30…

Pizza Hut opens 100th store in sub-Saharan Africa

SOUTH AFRICA - Pizza Hut, the American restaurant chain and international franchise has opened a new store in Johannesburg, South Africa with ambitious plans to expand into Africa. It provides Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts in a range of restaurants across Africa. Pizza Hut restaurants now…

Zambeef opens a new outlet to enhance accessibility of meat and dairies

ZAMBIA - Zambeef Products Plc, one of Zambia’s largest producers of beef and other food products including dairy has opened a new macro store, Chalala to enable customers easily access its meat and dairy products. The new Macro outlet adds to the company’s strong retail chain network in Zambia consisting of 78 retail outlets, 19…