KFC South Africa seeking leniency from payment of rent during lockdown

SOUTH AFRICA – KFC-owner Yum! Brands has told landlords in South Africa that the US firm will not be paying rent while outlets are closed during the three-week government-enforced lockdown to contain the coronavirus pandemic. […]

Dohmen acquires online marketplace and logistics company FoodChain

USA – The Dohmen Company, a multi subsidiary provider of software solutions and services has acquired FoodChain, an online marketplace, logistics and food supply platform to the restaurant industry. On the heels of the successful […]

Restaurants and food deliver services in South Africa to cease operations during the national lockdown

SOUTH AFRICA – South Africans who had hoped to be able to order meals from their favourite restaurants and fast food eateries, will not be able to for the next 21 days. This follows the […]

Greencore appoints Emma Hynes as the Group’s new Chief Financial Officer

UK – Greencore Group, a leading manufacturer of convenience food in the UK, has appointed Emma Hynes as Executive Director and Chief Financial Officer (CFO) of the company, effective 19 May 2020. Emma will replace […]

Kenyan retailers offer home deliveries in bid to control spread of the corona virus

KENYA – In the wake of the outbreak of COVID-19 virus, Kenyan retailers have adopted safer and efficient ways of serving their customers by availing home delivery services. Spanish delivery company Glovo has announced partnership […]

Kenyan standard body sets new rules for fresh produce test by retailers

KENYA – Retailers in Kenya will be required to comply with new regulations of ensuring that fresh produces are tested for higher pesticide residues and other contaminants as of May 1 in a bid to […]

Walmart’s Massmart to close non-performing stores in South Africa

SOUTH AFRICA– South African retailer Massmart has decided to close all of its non-performing stores, as cash-strapped consumers battle with high unemployment, modest wage increases and higher average fuel and utility prices. Massmart, majority-owned by […]

Costco Wholesale Corp acquires Innovel Solutions from Transformco for US$1bn

USA – American multinational retailer, Costco Wholesale Corporation has acquired Innovel Solutions, a middle mile and final mile delivery and installation business owned by Transformco Holdco, for US$1 billion. Innovel was a subsidiary of Transform […]

Tuskys partners with Sendy to offer home deliveries curbing the spread of Corona

KENYA – Kenyan retail chain, Tuskys Supermarlet has partnered with Sendy an on-demand logistic platform to offer door to door delivers to customers to curtail the spread of the Covid-19 virus, with Kenya already reporting […]

Coronavirus pandemic: Food and beverage firms step up efforts to mitigate spread

WORLD – In the wake of the rapidly increasing numbers of reported coronavirus cases, food and beverage companies as well as retailers across various markets have been seen to coordinate their efforts to prevent the […]