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Fast-food chains pin hopes on gradual demand recovery amid soft market conditions
The fast-food industry faced significant underperformance in the previous fiscal year. Following a strong performance in fiscal 2022 and the first half of fiscal...
Baby Forest opens its first flagship store in Delhi’s Select City Walk Mall
Baby Forest Ayurveda Pvt Ltd., renowned for its Ayurvedic baby care products, has inaugurated its flagship store in the prestigious Select City Walk Mall...
IPO-bound Swiggy resumes homestyle meal delivery service ‘Swiggy Daily’, integrates into main app
Foodtech giant Swiggy has reintroduced its homestyle meal delivery service, Swiggy Daily, after a four-year hiatus from its offerings. Originally launched in 2019, the...
Hershey mum on future cocoa pricing amid record highs; maintains confidence in long-term strategies
US-based confectionery giant Hershey remains tight-lipped on potential cocoa-linked pricing beyond this year’s hedging contracts as the commodity continues to trade at record highs.During...
Ferrero invests $75 Million to open first chocolate factory in North America
Ferrero North America has inaugurated its first chocolate processing facility in North America, marking its third globally.The project, a result of a $75 million...
Puma reports strong Q1 performance, returns to sales growth in Americas despite market volatility
Puma, the German sportswear brand, announced on Wednesday that its first-quarter sales met expectations, leading to a more than 4% increase in its shares....
Uber steps up hyperlocal deliveries in India to capture growing quick-commerce market share
As the demand for quick commerce grows in India, ride-hailing platform Uber is intensifying its hyperlocal deliveries from neighborhood stores, according to sources familiar...
Honasa Consumer unveils its first ‘Driven By Purpose’ impact report
Honasa Consumer Limited, a prominent player in India's beauty and personal care retail domain, has unveiled its first impact report, 'Driven By Purpose,' assessed...
PepsiCo India trials healthier oil blend for Lay’s chips, aims to reduce palm oil usage
PepsiCo India has initiated trials aimed at substituting palm oil and palmolein with a combination of sunflower oil and palmolein in Lay's, the leading...
McDonald’s India operator Westlife Foodworld reports 96% profit slide in Q4 amidst weak demand
Westlife Foodworld, which operates McDonald's restaurants in west and south India, reported a 96% drop in fourth-quarter profit on Wednesday, as inflation-weary consumers reduced...
Sula Vineyards’ Q4 net profit dips 4.85% to INR 13.55 Crore
Sula Vineyards, a prominent wine producer in India, has reported a 4.85 percent decline in consolidated net profit to INR 13.55 crore in the...
Landcraft Retail’s Food Square secures undisclosed amount in funding from supermodels, designer, and other HNIs
Landcraft Retail, led by serial entrepreneurs Lalit Jhawar and Mayank Gupta, has secured an undisclosed amount in funding. This round of investment includes contributions...