Americans say they feel bad about the 130 billion pounds of food (approx. 5,896 crore kilograms) the nation wastes every year. But not badly enough to do anything about it…READ MORE
KEEP READINGUnilever Plc said it has agreed to buy U.S.-based men’s grooming brand Dollar Shave Club in a deal that would expand the consumer goods group’s catalogue of personal care products…READ MORE
KEEP READINGPunjab State Cooperative Milk Producers’ Federation (Milkfed), has decided to raise the price of milk marketed under the Verka brand by Rs 1 per pouch from August 2…READ MORE
KEEP READINGBaba Ramdev’s Patanjali Yogpeeth emerged as the only bidder in the second round of tenders for developing a food park on 250 acres in Mihan. Only two bidders had turned up when the first round took place last week…READ MORE
KEEP READINGMcDonald’s sales are soaring after years of declines. Sales at restaurants open at least a year jumped 6.2 per cent globally, including a 5.4 per cent increase in the US, in the most recent quarter. That’s the third straight quarter of increases after two years of declines. The company has finally turned business around by making a couple key changes to the menu, such as adding breakfast all day and offering new value options…READ MORE
KEEP READINGBig fast-food chains McDonald’s, KFC and Cafe Coffee Day seem to have lost their growth momentum as Indian consumers increasingly prefer pizzas over burgers, chicken meals, rolls and sandwiches, and market researcher Euromonitor expects the trend to continue…READ MORE
KEEP READINGConsumer demand for convenience and increased access to technology is tilting market share towards food service and away from packaged foods in grocery aisles, according to a recent report….READ MORE
KEEP READINGThe trend of on-the-go fast-food centers, which operate out of vans or mini-trucks, is not new in itself but it has got a push thanks to the expanding culinary culture. These days, it is not surprising to find a ‘soda cafe’ or a ‘Banjaara’ van at city crossroads or in commercial complexes…READ MORE
KEEP READINGSattviko food chain, a brainchild of two alumni of IIT Roorkee, has opened a restaurant inside the campus which its owners say will also double up as a “common platform” where students will exchange innovative ideas and seek guidance from their seniors…READ MORE
KEEP READINGDabur India on Wednesday reported a 11.87 per cent YoY rise in consolidated net profit to Rs 292.80 crore in the June quarter. The FMCG major had reported a net profit of Rs 261.84 crore in the corresponding quarter last year…READ MORE
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