Kauai extends its healthy food brand into retail partnering with Pick n Pay

SOUTH AFRICA – Kauai, a health food restaurant, has extended its brand into retail with the launch of range of healthy frozen ready-to-eat meals, sides and smoothies in partnership with Pick n Pay. The Pick […]

Zomato eyes UberEats business in India to strengthen footprint ahead of major rivals

INDIA – Zomato is said to have entered negotiations with UberEats seeking to acquire its online food delivery business in India, in a deal valued at about US$500 million, reports The Times of India. While […]

Costa Coffee names former McDonald’s UK head as its CEO

USA – Costa Coffee, American coffeehouse chain and subsidiary of The Coca-Cola Company has appointed Jill McDonald as the company’s new Chief Executive Officer, effective 2nd December. McDonald, an experienced business leader who has worked […]

Maxum Foods launches food service division to meet demands in the Aussie market

AUSTRALIA – Maxum Foods, one of Australia’s leading suppliers of dairy ingredients has officially launched its food service division, Maxum Food Service. With Maxum Food Service, the company seeks to offer restaurants, cafes and quick […]

India’s online grocery retail market set to reach US$10.5bn by 2023

INDIA – Online food and grocery retail in India is estimated to hit US$10.5 billion or 1.2% of the overall market by 2023, according to a recent report released by consulting firm Redseer. Redseer forecasts […]

Japanese retailer Seven & I unveils major restructuring plan with 3000 jobs at stake

JAPAN – Seven & I Holdings Company, the largest convenience stores operator in Japan has unveiled a major restructuring strategy at its group subsidiaries that will result to loss of 3000 jobs. As it continues […]

India’s food retail firm Lite Bite to raise US$70m in fresh funding

INDIA – Food and Beverage retailer, Lite Bite Foods plans to raise US$70.41 million (Rs500 crore) from investors as the company seeks to expand its presence in India and other international markets. Lite Bites, which […]

Ant Financial backed foodtech unicorn Zomato to raise US$600m in fresh funding

INDIA – Food ordering and delivery platform, Zomato is in the process of raising US$600 million in a fresh funding round to fuel its food delivery and dining out operations. According to an ET Retail […]

Specialty food distributor Good Source adds Gold Star Foods to its portfolio

USA – Good Source Solutions, a leading specialty food distributor owned by private equity firm Highview Capital has acquired Gold Star Foods from private equity firm, Castle Harlan, to expand its its portfolio. The acquisition, […]