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US retailer Target grapples with shipment disruptions from India and Pakistan amid Red Sea crisis
Target, a major U.S. retailer, is facing shipment disruptions from India and Pakistan, significant regions for apparel manufacturing. The source, familiar with the situation,...
Uber to discontinue alcohol delivery service Drizly by March
Uber, a prominent ride-hailing company, is discontinuing its acquired alcohol delivery service, Drizly, for which it paid $1.1 billion.The company had planned to integrate...
Burger King’s parent RBI to acquire Carrols Restaurant Group for $1 Billion
Restaurant Brands International (RBI), the parent company of Burger King, has finalized a deal to purchase Carrols Restaurant Group for a sum of $1...
Mufti’s parent Credo Brands reports a 7.5% surge in Q2 net profit to INR 27.9 Crore
Credo Brands Marketing, the operator of the men's casual wear brand Mufti, has reported a 7.5 percent increase in consolidated net profit after tax...
HRAWI and Ingram Micro collaborate to drive digital transformation in hospitality sector
The Hotel & Restaurant Association of Western India (HRAWI) has signed a Memorandum of Understanding (MoU) with Ingram Micro India, a subsidiary of the...
Disturbing discovery: Customer hospitalized after finding dead mouse in Barbeque Nation’s veg meal
While visiting Mumbai, Rajeev Shukla, a man from Uttar Pradesh's Prayagraj, ordered a meal from the popular brand Barbeque Nation on January 8 at...
Fortune Hotels plans expansion with 10 new properties and agreements in FY24, prioritizing tier-2 cities and leisure markets
Fortune Hotels, the mid-segment chain under ITC Hotels, is set to augment its presence with the addition of 10 properties and the signing of...
Jubilant Foodworks to acquire remaining 45.33% stake in DP Eurasia through 85.1 Million Euro open offer
Jubilant Foodworks Ltd on Tuesday said it plans to acquire the remaining 45.33 per cent shares of DP Eurasia, the exclusive master franchisee of...
PepsiCo India rides high on in-home consumption trend, records highest product launches since 1995
PepsiCo India, a prominent player in the beverage and snacks industry, has diversified its food portfolio with several launches over the past two years....
Italian restaurant chain Prezzo to launch takeaway outlets in UK train stations
Prezzo, the Italian restaurant chain, is gearing up to enhance its footprint in the UK. According to the Daily Telegraph, the company is set...
US non-alcoholic spirits market projected to soar to $13 Million by 2027: GlobalData Report
Data indicates that the emerging market for non-alcoholic spirits in the United States is projected to reach $13.3 million by 2027, driven primarily by...
Consumer advocacy group files lawsuit against Starbucks for deceptive ethical sourcing
The National Consumers League (NCL), a US-based consumer advocacy organization, initiated legal proceedings against Starbucks last week.The legal action contends that Starbucks, the international...
