Maple Leaf doubles distribution of meat alternatives products in the US

USA – Greenleaf Foods SPC, a subsidiary of Maple Leaf Foods has announced a retail  expansion of its plant-based meat alternatives line into more than 12,000 retail locations nationwide. Greenleaf Foods, which is also the […]

McDonald’s to acquire AI firm Apprente to expand its tech capabilities

USA – McDonald’s has secured an agreement to acquire California based tech firm Apprente, to enable the company expand its tech capabilities in the growing fast-food sector. Apprente develops voiced-based conversational technology powered by artificial […]

Uber Eats to pull out of South Korea amid tough competition

SOUTH KOREA – Uber Eats will be terminating its restaurant delivery business service in South Korea and exiting the market. The move comes as the food delivery platform continues to face intense competition in the […]

Papa John’s International appoints Robert Lynch as president

USA – America’s fourth largest take-out and pizza delivery restaurant chain, Papa John’s International has named Robert Lynch as president and chief executive officer. Robert will succeed Steve Ritchie, who had led the company since […]

Real Foods see growth beyond Africa, launches in Thailand and Netherlands

SOUTH AFRICA – Real Foods Group, a South African healthy, fast-casual restaurant operator, is set to expand its global footprint by rolling out franchises in Europe and Asia. The company, which houses the healthy restaurant […]

South Africa’s Taste Holdings appoints Dylan Pienaar as new CEO

SOUTH AFRICA – Taste Holdings, South Africa’s licensed operator of Starbucks Coffee and Domino’s Pizza, has appointed its chief operating officer, Dylan Pienaar, as chief executive officer effective. Dylan will replace Tyrone Moodley who stepped […]

Grand Parade Investment’s Hassen Adams to step down as chairman

SOUTH AFRICA – Grand Parade Investments (GPI), a South African restaurant and gaming group, has announced that Dr Hassen Adams will step down as executive chairman of the company effective 30th June this year. The […]

Nestle’s first-quarter revenues jump 4.3% supported by high-growth categories

SWITZERLAND – Nestle has posted 4.3% rise in revenues in the first three months as the food and drinks giant continues its focus on high-growth categories. The company achieved 3.4% increase in organic growth while […]

Grand Parade Investments’ founder reduces stake amid retirement plans

SOUTH AFRICA – Grand Parade Investments’ (GPI) founder and executive chair, Hassen Adams, has reduced his holding in the South African restaurant and gaming group by 37.6% and unveiled plans of retiring from the position […]

McDonald’s to acquire Israeli personalization platform Dynamic Yield

ISRAEL – The American fast food company, McDonald’s has announced that it has reached an agreement to acquire Dynamic Yield, a Tel Aviv based provider of automated conversion optimization tools for marketers and retailers. Dynamic […]