Eating out in restaurants is set to get expensive once the goods and services tax regime kicks in from July 1. If you eat in a non-AC restaurant, your total bill could become dearer by 6%. In an AC restaurant; it will increase by 12%; this translates to a jump of 5.6-11.4% on your total bill…READ MORE
KEEP READINGIn an unprecedented move, the infighting between Connaught Plaza Restaurants (CPRL), the 50:50 local joint venture between Vikram Bakshi and the US-headquartered McDonald’s that operates the fast food chain in north and east India, and the global burger giant took an ugly turn with the CPRL board deciding to shut down 43 out of 55 restaurants in Delhi from Thursday…READ MORE
KEEP READINGCoca-Cola India, the maker of Thums Up, Sprite and Maaza, will launch a range of cheaper aerated beverages to compete with smaller regional players that have been gnawing at its market share in the Rs 14,000-crore soft drink market…READ MORE
KEEP READINGHundreds of inventors have flocked to Walmart’s headquarters in Bentonville to find out if the country needs a few more secret sauces, prettier mouse pads or “instant hair gel” packets for the on-the-go clubber…READ MORE
KEEP READINGTen years ago, in 2007, technology was just starting to integrate into the food and beverage marketplace. Quick Service Restaurants began rolling out websites, menus were made available online, and customers could post reviews of their experiences. Fast forward to 2017, and the situation is very different. For starters, mobile ordering has been around at restaurants like Subway, Starbucks, Chipotle, and Panera Bread for a couple of years…READ MORE
KEEP READINGWhen it comes to menu invention, the ceiling is the roof, as Michael Jordan might say. Adventurous consumers, increased access to lesser-known ingredients, and chef influence have created the perfect storm for bold flavors, daring carriers, and an elevated dining experience. Brands are creating Instagram-worthy dishes while also welcoming ugly, weird, and once-rejected ingredients…READ MORE
KEEP READINGRestaurant industry sales are a strong economic barometer and show Q1 of 2017 brought steady growth, according to The NPD Group, a global information company, which continually tracks the foodservice industry…READ MORE
KEEP READINGThe quick service restaurant industry is always trying its best to find new ways to reinvent itself. While some sit down restaurants have already started integrating technology into their dining experiences, the fast food industry is jumping in on the trend. The latest to join in is McDonald’s with its announcement of adding on kiosks to its locations in its “Experience of the Future” campaign…READ MORE
KEEP READINGThe Indian subsidiary of German organised wholesale giant, Metro Cash & Carry looks to increase its stores from the existing 24 to 50 by the year 2020, for which the company may invest around Rs 1,500 crore over the next three years. A standard store requires investment of Rs 60 crore each…READ MORE
KEEP READINGEven after an online spending spree, it may be hard for Walmart to escape the Amazon in the room. Walmart’s acquisition of Jet.com and brands that appeal to younger shoppers gave it an e-commerce boost as it works to close the gap between itself and the online leader…READ MORE
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