Mother Dairy forays into QSR segment with the launch of ‘Café Delights’

INDIA – Mother Dairy, India’s leading milk and milk products company, has ventured into Quick Service Restaurant (QSR) segment with the inauguration of its first eatery ‘Café Delights’ in the National Capital Region (NCR). The […]

Nestlé and Starbucks introduce new range of coffee in the US

USA – Nestlé and Starbucks have releases a new range of Starbucks coffee products that will be available in grocery stores in the U.S. starting February 2020. The new line-up which includes; Cold Brew concentrate, […]

A.T Kearney’s retail development index finds economy development, trade policy greatest factors influencing global retail growth

AFRICA— A.T. Kearney’s Global Retail Development Index (GRDI)reveals that economic development and trade policy remain the largest factors in shaping retail growth in consumer markets. While social media and e-commerce fuel the evolution of global […]

Beyond Meat and Roquette sign a multi-year pea protein supply agreement

USA – Beyond Meat has announced a multi-year pea protein supply agreement with Roquette, a global leader in plant-based ingredients and a pioneer of plant proteins. The supply agreement builds on a previous partnership between […]

Plukon acquires majority stake in Staay Food’s vegetables and convenience business

NETHERLANDS – Plukon Food Group has agreed to acquire 51% stake in Fresh Care Convenience, a producer and processor fruit and vegetables owned by its Dutch peer, Staay Food Group. Based in Dronten, the Netherlands, […]

Luckin Coffee forays into smart coffee, snack vending machine market

CHINA – Luckin Coffee, China’s largest coffee chain operator is entering the automated retail market with the launch of its “luckin coffee EXPRESS” smart unmanned coffee machine and “luckin pop” smart vending machine. The luckin […]

Aegis Brands completes acquisition of Bridgehead Coffee in Canada

CANADA – Aegis Brands, which owns Canadian specialty coffee retailer Second Cup Coffee, has completed its previously announced acquisition of Ottawa-based Bridgehead Coffee. Bridgehead has nineteen company-owned coffeehouses in Ottawa, including its flagship Roastery, all […]

Just Eat approves US$7.7bn takeover bid from Takeaway.com

NETHERLANDS – The shareholders of Just Eat, a British online food ordering company has approved the £5.9 billion (US$7.71 billion) buyout offer from Dutch peer Takeaway.com in a deal that will create one of the […]

Nigeria’s ranking in AT Kearney’s global retail index for developing country drops

NIGERIA – Nigeria’s ranking in the global retail development index dropped in 2019. A report by global research firm, AT Kearney, showed that the country moved three steps downward from the 27th position recorded in […]