Several big retailers in the UK including Tesco, Sainsbury’s, Marks & Spencer, Partridges and Waitrose are keen to enter the food retail business in partnership with local players, food processing minister Harsimrat Kaur Badal has said…READ MORE
KEEP READINGNow that supplies of both imported and domestic arrivals of pulses reaching the markets, the signs of prices cooling are obvious, yet the price gap between wholesale prices and retail prices of the pulses remains stark and consumers are yet to benefit…READ MORE
KEEP READINGAs per a report by Business Standard, Jubilant FoodWorks’ stock crashed 10 per cent on Tuesday on the BSE as investors reacted sharply to the food service major’s poor same-store sales growth (SSG) numbers for the three months ended June 2016. Jubilant had declared its June quarter earnings last week, reporting a 3.2 per cent year-on-year decline in SSG, its lowest in seven quarters…READ MORE
KEEP READINGFinnish packaging firm Huhtamaki has acquired a majority stake in Valpack, a privately held paper cup manufacturer based in Mumbai…READ MORE
KEEP READINGAccording to Researcher, the Global Foodservice Disposables Packaging market is accounted for $20.4 million in 2015 and is expected to reach $28.7 million by 2022 growing at a CAGR of 4.9 per cent during the forecast period. In the Global Foodservice Disposables Packaging market retailing will be the highest growing market. Demand for disposable foodservice packaging will be fostered by quick global expansion in the limited service restaurant sector, which depends heavily on single-use packaging. Ample of opportunities are provided by the growing fast food industry…READ MORE
KEEP READINGZume Pizza, a startup which began delivery in April, is using intelligent machines to grab a slice of the multi-billion-dollar pizza delivery market…READ MORE
KEEP READINGA week after the US Food and Drug Administration (FDA) banned the use of certain compounds in antibacterial hand and body wash products, India’s Central Drug Standard Control Organization (CDSCO) is set to deliberate whether their use in India poses a public health hazard that requires a closer look, two CDSCO officials said on condition of anonymity…READ MORE
KEEP READINGThe consumer packaged goods industry has been hoping for a substantial increase in consumption, helped by a good monsoon, increased government spending and Seventh Pay Commission payouts…READ MORE
KEEP READINGUS retail giant Walmart is still evaluating India’s policy of allowing 100 per cent foreign investment in food retail even as not allowing any non-food item makes it tough to create a competitive model, Walmart India CEO Krish Iyer has said…READ MORE
KEEP READINGNone of the city’s Bangalore Iyengar bakeries are original and all are in trouble now, with the real owners from Bengaluru deciding to patent the term lyengar Bakery’ in order to curb rampant misuse of their trade name…READ MORE
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