Food & Beverage

Gloria Jean's sale creates coffee giant

Source: 
The Sydney Morning Herald Online

 

Retail Food Group acquired Gloria Jean's Coffees for USD163.5 million on Friday, sealing itself as Australia's coffee Goliath in terms of franchise brands, store counts and roasting capacity.

Cavin's stores to whet its dairy appetite

Source: 
Business Standard

Mid-tier fast-moving consumer goods (FMCG) player CavinKare is rolling up its sleeves to start retailing its own dairy products. The Chennai-based company is in the process of setting up standalone outlets, which will mainly focus on its dairy brand Cavin's. Not just consumers, these stores will cater to smaller retailers as well.

Chop and shop: online veg shopping gets easier in India

Source: 
The Hindu Business Line

From offering cut vegetables to using ozone technology in cleaning greens, ensuring minimal human intervention while packaging to express deliveries, online retailers are innovating to reach increasingly harried consumers.

 

Philippines' Jollibee to open 300 new stores

Source: 
philstar.com

Fastfood giant Jollibee Foods Corp. (JFC) is ramping up its store expansion for next year, with a third of new branches to be opened abroad. Although the number of new stores planned next year is yet to be finalized, JFC chief finance officer Ysmael V. Baysa said it would be more than the 300 stores slated this year both in the Philippines and abroad.

 

McDonald’s vows fresh thinking

Source: 
The Wall Street Journal Online

McDonald’s Corp. outlined plans for what it called fundamental changes to its business as it reported one of its worst quarterly profit declines in years, driven by problems in nearly every major part of its business.

To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall Street Journal Online.

 

Weak spending takes bite out of Nestlé

Source: 
The Wall Street Journal Online

Nestlé SA said Thursday that sales slid 3.1 percent in the first nine months of the year as a strong Swiss franc eroded the value of foreign sales and weak consumer spending capped the food giant's ability to raise prices.

To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall Street Journal Online.

 

Starbucks' holiday campaign kicks off with free drinks for life contest

Citing a seismic shift in consumer behavior during the holiday season in 2013, Howard Schultz, chairman, president and chief executive officer of Starbucks Coffee Company, said it is ramping up its customer offerings this year with both in-store and digital innovations.

The first salvo in these new customer initiatives is the first ever Starbucks for Life contest which gives loyal customers a chance to win free drinks for life.

Pizza Hut sorry for 'pink fat lady' tag

Source: 
Bangkok Post

Pizza Hut Singapore has apologised to a customer described as a "pink fat lady" in a handwritten note on her receipt after she ordered take-away.

"This incident goes against our corporate values and we do not condone behaviour or actions that offend people," said the statement signed by the management and staff.

Myanmar's 1st KFC restaurant to open in 2015

Source: 
Jakarta Globe

Yum Brands is partnering with Singapore-listed Yoma Strategic Holdings to debut a KFC restaurant in Myanmar in 2015, making it one of the first big Western fast-food chains to enter the newly emerging market.

Global companies have been lining up to take advantage of an underpenetrated market in Myanmar, which has been opening up since 2011 after decades of military dictatorship.

PepsiCo's India revenue grows in double digits

Source: 
Business Standard

PepsiCo India's revenue grew in double digits for nine months ended 6 September 2014 making the country amongst the fastest growing emerging markets for the global beverages and snack giant.

Syndicate content