Nestle will “accelerate its game” in the country as the food company considers double-digit volume growth “a must win battle”, its managing director Suresh Narayanan has said…READ MORE
KEEP READINGEka Hospitality — part of the Pune-based Ab-sotherm Group — has envisaged tapping into the burgeoning restaurant market in India, with plans to roll out four to five different brands over the coming five years, wanting to serve the country’s passionate taste buds…READ MORE
KEEP READINGIt’s a common refrain sung by investors and operators: Restaurants can’t be disrupted by the internet. One doesn’t need to look far to see the fallacy there; all the online delivery options from UberEats to GrubHub and Amazon Restaurants are changing the landscape for restaurant operators, shifting and replacing dine-in meals and eating margins. But that’s another story. For suppliers, they’re already seeing significant disruption in the form of Alibaba and Amazon Business. But there is also some opportunity for restaurateurs and savvy suppliers…READ MORE
KEEP READINGThe foodservice equipment and supplies industry has experienced a significant amount of consolidation of late. In fact, during the month of June, FE&S reported on four dealers buying five different companies. Rapid consolidation like this can make one wonder: If this keeps going on, will there only be one equipment supplier standing?…READ MORE
KEEP READINGManufacturers of reach-in refrigerators and freezers must comply with new energy efficiency standards as set forth by the Department of Energy by March 27, 2017. New regulations for walk-in refrigerators will take effect in January 2020…READ MORE
KEEP READINGSet to open this week in downtown Chicago, Revival Food Hall had one requirement for all of its operators: They had to be totally different from one another. Unlike the Italian- or Hispanic-theme food halls, Revival set out to capture a wide swath of diners—in an area with very high lunch traffic—by compiling a list of stalls that range from tacos and toasts to barbecue and poke. During a preview of the hall, operators showed off some ideas that resonate beyond restaurants to any foodservice operation trying to serve the grab-and-go crowd in a rush…READ MORE
KEEP READINGChing’s Secret, the Desi-Chinese cuisine brand from Capital Foods launched its latest campaign film featuring Ranveer Singh. Though Singh, may be portrayed as the face of the brand across platforms, Ajay Singh, managing director of Capital Foods, believes the Bajirao Mastani of India’s Tinseltown means more to brands than what meets the eye…READ MORE
KEEP READINGConfectionery items are set to become dearer in the run up to the festival season, driven up primarily by higher sugar prices, said food industry executives…READ MORE
KEEP READINGAccording to the NRAI India Food Services Report launched last month, the food services market in the country stands at Rs 3,09,110 crore, and is estimated to grow to close to Rs 5,00,000 crore by 2021, at a compounded annual rate of 10 per cent. This growth, fuelled by a young and upwardly mobile middle class ostensibly hungry for new eating-out adventures, is the stuff most restaurateuring dreams are made of…READ MORE
KEEP READINGWhen Rohini Dey, former McKinsey consultant and World Bank economist decided to launch Vermilion, an Indian-Latin restaurant first in Chicago and then New York City, she was looking at what she felt was an unmet market niche. It was the mediocrity that passed off as Indian cuisine abroad that spurred her into action: the $8.99 all-you-can-eat buffets; the predictable, mushy, overcooked fare, swimming in oil and nuclear food dyes; and the clunky table settings amid faded visuals of camels and the Taj Mahal’ convinced her about the appetite for honest and genuine fare with a desi twist…READ MORE
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