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McDonald’s India North and East regions tap into ONDC network for greater reach

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McDonald's
McDonald's (Representative Image)

Fast food chain McDonald’s North and East regions have integrated into the ONDC (Open Network for Digital Commerce) network, as announced by the food services players on Friday.

According to the company, McDonald’s India North and East offerings will now be accessible through ONDC buyers’ applications, featuring exclusive à la carte and meal selections.

Rajeev Ranjan, the Managing Director of McDonald’s India – North and East, emphasized in a statement that the collaboration aims to accelerate McDonald’s accessibility for existing and new customers.

Following Jubilant FoodWorks Ltd (JFL) operated Domino’s Pizza, McDonald’s becomes the second major fast food services player to join the government-backed ONDC network in recent times.

Continue Exploring: Domino’s Pizza in Delhi-NCR joins ONDC to boost profit margins

Since its inception early last year, the ONDC has processed over 7.1 million cumulative orders as of February. Operating in markets including Delhi, Bengaluru, Kolkata, and Chennai, among others, the platform facilitates order services.

Continue Exploring: ONDC surpasses 7.1 Million orders milestone in February since inception last year

Meanwhile, the network is piloting a project to integrate street food vendors, starting with Delhi and Lucknow. The pilot project plans to collaborate with 500 street food vendors in Delhi and Lucknow over the next couple of months, leveraging buyer applications to stimulate demand for the small-scale operators. In Delhi, the pilot has begun with Zomato-backed Magicpin.

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Landmark Group’s Lifestyle eyes Surat for 111th store launch

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Lifestyle
Lifestyle

Landmark Group‘s Lifestyle department store chain is actively expanding, with plans to open its 111th store in Surat, located at Aashirwad High Street along Citylight Main Road.

Covering an expansive retail area of 22,800 square feet, this will be the company’s second store in Surat and its 23rd in the Western region.

“We are extremely delighted to launch the second Lifestyle store in Surat. This would be our fifth store in Gujarat and the 111th store in India. We believe that Surat is an evolving and promising market for fashion retail,” said Vivek Thilakan, senior vice president – operations (West) at Lifestyle International Pvt. Ltd.

Continue Exploring: Powerlook Apparels expands offline presence: Unveils two new stores in Mumbai, eyes 50 nationwide by 2027

The latest store introduces self-checkout amenities and offers an omnichannel experience, incorporating features like ‘click and collect’, enabling customers to place orders online and retrieve items from a Lifestyle store of their preference.

“We have robust expansion plans. We aim to add around 4-5 stores in the coming financial year in Gujarat and Maharashtra. These will include stores in new towns as well as new catchments in existing cities,” added Thilakan.

On Thursday, Lifestyle marked the milestone of 110 stores with the launch of its latest store at Raipur City Center Pandri Mall, Chhattisgarh.

This marks the 11th outlet in Central India and the second consecutive store in Raipur within the fiscal year 2024”, said deputy general manager – operations at Lifestyle International in a LinkedIn post.

Lifestyle is a large format department store that offers a variety of products, including apparel, footwear, children’s wear and toys, furniture and home furnishings, and personal grooming items. Typically, a Lifestyle store occupies an area of 20,000 – 50,000 sq. ft., varying based on location and assortment.

Continue Exploring: California lifestyle apparel brand Dockers makes big bet on Indian market, plans five store openings in first year

The brand showcases an extensive collection of over 350 national and international brands, featuring renowned names such as Louis Philippe, Van Heusen, Arrow, Park Avenue, Benetton, Nike, Adidas, Allen Solly, Levi’s, Tommy Hilfiger, Swatch, Tissot, and Tag Heuer.

In May 2023, the chain marked a milestone with the inauguration of its 100th store. Looking ahead, it intends to broaden its retail presence within the country by launching a minimum of 50 new stores over the next three to four years.

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ADS Group expands portfolio with Woodnote Premium Whisky launch in Delhi and Haryana

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Woodnote Whisky
Woodnote Whisky

ADS Group, a prominent player in India’s alcoholic beverages industry, has expanded its portfolio into the ultra-premium whisky market by introducing Woodnote Premium Blended Select Cask Whisky in Delhi and Haryana.

Dubbed as “Serenity Uncasked,” Woodnote Premium Whisky seamlessly combines the finest Scotch malts with handpicked Indian grain spirits, resulting in a blend that captures the serene essence of nature’s tranquility through its harmonious flavors.

Woodnote Premium Whisky is available in Delhi and Haryana, priced at INR 1000 and INR 850 per quart (750ml) respectively in these regions. It is also offered in Pint (375 ml) and Nip (180 ml) sizes. In the Delhi market, consumers can find it in miniature bottles (90ml) and a trendy Hip Flask pack (200ml).

Continue Exploring: Kadamba Whisky wins prestigious title of ‘Best Indian Single-Malt’ at Icons of Whisky awards

In the swiftly expanding premium market, Woodnote Premium Whisky endeavors to enchant whisky aficionados with its sophisticated flavor profile and stylish packaging.

Paras Maan, Chief Operating Officer at ADS Group, expressed, “Woodnote Premium Whisky represents our homage to the untouched tranquility of nature. From its distinctive teal-colored monocarton design, which introduces a refreshing contemporary aesthetic, to its refined flavor profile, every aspect embodies our dedication to delighting whisky enthusiasts with an exceptionally premium product and an elevated sipping experience. We are thrilled by the overwhelmingly positive reception from consumers in Delhi and Haryana.

Initially launching Woodnote Premium Whisky in Haryana and Delhi allowed us to gauge consumer feedback before a nationwide rollout. The high rate of repeat purchases and the praise for its premium packaging and superb blend have surpassed our expectations. Crafted to appeal to the discerning palates of modern consumers, Woodnote Premium Whisky, with its refreshing teal-colored monocarton design and sophisticated flavor profile, is poised to resonate deeply with our target audience as we introduce it to more markets under the banner of ‘Serenity Uncasked’.”

Woodnote Premium Whisky tantalizes the senses with delicate peat and maritime aromas, accompanied by nuances of vanilla and ripe fruit. Upon tasting, it presents a harmonious fusion of gentle peat, vanilla, pepper, and oak undertones, leading to a velvety finish accentuated by the sweetness of oak and fruit.

Following its successful launch in Delhi and Haryana, ADS Group plans to expand the availability of Woodnote Premium Whisky in premium retail outlets and on-premise locations across India.

Continue Exploring: Alcobrew Distilleries targets INR 850 Crore revenue in FY24 with expansion into single malt whisky, gin, and vodka

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Bira 91 wins big: Secures seven awards at European Beer Challenge 2024

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Bira 91
Bira 91

Bira 91, one of the fastest-growing beer brands in the world, has clinched seven awards at The European Beer Challenge, often revered as the Oscars of the beer industry. This recognition signifies the highest level of achievement within the field.

Bira 91 won a total of seven different medals across various categories at this year’s competition, solidifying its position as the most awarded beer company in India. Bira 91 RISE, Gold, and Light secured GOLD in their respective categories, followed by Silver for Bira 91 Superfresh White and Bronze for Bira 91 Blonde Summer Lager. Notably, Hill Station Cider, Bira 91’s venture into the Cider category, captured an unprecedented DOUBLE GOLD and GOLD in the Modern Cider category.

Ankur Jain, Founder, and CEO of Bira 91, said, “We at Bira 91 are immensely proud of our brewers and brewing team for brewing world-class beers in India and putting us on the world map for beers. The European Beer Challenge is one of the world’s most respected beer competitions, and the judges on the panel are at the top of their game. We’re a brand that’s “Imagined in India,” and seeing seven different Bira 91 products getting recognized on a global platform is a huge honor for us.”

Continue Exploring: Bira 91 secures $25 Million funding led by Tiger Pacific Capital for expansion amidst robust growth trajectory

Established in 2015, Bira 91 is powered by a dynamic team of over 1600 passionate beer lovers and is supported by leading investors from across the world – including Japan’s leading beer company, Kirin Holdings, Japan’s largest bank, MUFG Bank, Tiger Pacific Capital from New York, Sofina of Belgium, and Peak XV Partners (formerly Sequoia India).

Bira 91 has expanded its reach to over 1000 towns and cities spanning 25 countries, producing its brews across six manufacturing units in India. The company runs four taprooms in Bengaluru and Delhi-NCR, where it unveils a new experimental beer each week, complemented by its curry-shop menu. Additionally, it has recently acquired The Beer Café, India’s top Alco-Beverage chain, to bolster its presence in pubs and taprooms and develop India’s first large-scale direct-to-consumer platform focusing on beer and innovation.

Continue Exploring: Bira 91 takes beer innovation to new heights with latest taproom launch in Delhi

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GobbleCube secures $1.9 Million in seed funding to offer brand analytics solutions to packaged food brands

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Manas Gupta, cofounder & CEO; Srikumar Nair, cofounder & CBO; Nitesh Jindal, cofounder & CTO
Manas Gupta, cofounder & CEO; Srikumar Nair, cofounder & CBO; Nitesh Jindal, cofounder & CTO

GobbleCube, a brand analytics platform, has raised $1.9 million (INR 15.7 crore) in a seed funding round led by Kae Capital, with participation from CRV and a group of angel investors.

The Gurugram-based startup plans to utilize the fresh capital to enhance its product development capacity and build a product market strategy, starting with India, Southeast Asia, and the US.

“Brands have to manage not just one, but multiple platforms. But they are operating with limited amounts of data. So, solving that puzzle with a limited amount of data was a mammoth challenge for them and I think that was the core purpose with which we built out GobbleCube,” the Economic Times reported, citing the startup’s cofounder and CEO Manas Gupta.

Continue Exploring: A-Listers Spice Up Their Portfolios with Bold Bets on India’s Booming F&B Startups

GobbleCube, founded by former Blinkit executives Manas Gupta, Srikumar Nair, and Nitesh Jindal, specializes in offering revenue management solutions to consumer packaged goods (CPG) brands through data automation and decision support across the ecommerce chain.

The offerings of the startup closely resemble those of OopDoor, the new venture by Flipkart co-founder Binny Bansal.

Bansal, through his investment arm Three State Ventures, recently injected $2 million into the startup. OopDoor, a SaaS platform, targets ecommerce companies seeking expansion into new regions. Its services encompass advertising strategies and improved catalog offerings.

Continue Exploring: Binny Bansal’s Three State Ventures fuels OppDoor with $2 Million investment

Additionally, OopDoor operates in Southeast Asia and the US, though it has not yet initiated operations in India.

Estimates suggest that with a 52% internet penetration rate in India, the potential for ecommerce in the country could reach $400 billion or more by 2030. Reports indicate there are over 5,000 active ecommerce startups in the nation. Given this rapid growth in a fiercely competitive market, strategic planning for market expansion is imperative for brands.

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IPO-bound Swiggy merges InsanelyGood with Instamart

Swiggy
Swiggy

Swiggy, a prominent player in food and quick commerce, has merged its premium grocery vertical, InsanelyGood, with its quick commerce vertical, Instamart, as communicated to users in a notification on Thursday.

“We will have to pause InsanelyGood operations for some time. We will be available at an Instamart store near you super soon,” the notification read.

After downsizing from six cities last year to mitigate cash burn, InsanelyGood now exclusively serves Bengaluru. Typically, orders made on the platform before 11 pm are fulfilled by 7 am the following day.

InsanelyGood, which earlier maintained its own app, underwent integration with the main Swiggy app in July of last year. It was featured as a separate tile on the homepage, akin to how services such as Instamart, Dineout for restaurant bookings, Genie for pick-and-drop service, and Minis for aggregated selling are displayed.

In March of last year, the service formerly recognized as SuprDaily underwent a rebranding, adopting the name InsanelyGood. Prosus-backed Swiggy acquired SuprDaily in 2018, subsequently integrating it into a unit within the parent entity in 2021. This strategic move positioned InsanelyGood in direct rivalry with competitors such as Tata-owned BigBasket’s BB Daily, Amazon Fresh, and Reliance Retail-owned Milkbasket.

Continue Exploring: Swiggy prepares for IPO with name change to Swiggy Private Limited

“InsanelyGood focuses on high quality assortment of groceries and has seen a tremendous amount of consumer love. Given the great traction, we plan on scaling this up to the entirety of Bangalore and will do this as a separate entry point on Swiggy Instamart,” a Swiggy spokesperson stated.

Phani Kishan, co-founder of SuprDaily and later recognized as a co-founder at Swiggy, took over as the head of Swiggy Instamart last year following the departure of senior leader Karthik Gurumurthy, who had spearheaded the development of Instamart.

The move comes as quick-commerce firms like Instamart, Zepto, and Blinkit diversify and expand their offerings, challenging e-commerce companies with products like apparel and electronics. Swiggy has been experimenting with selling products in categories such as home and kitchen, electronics, and toys through its Swiggy Mall vertical for a few months now.

Continue Exploring: Quick commerce platforms Blinkit and Zepto expand into e-commerce, targeting fashion, beauty, electronics, and more

In January, Swiggy reduced its workforce by 6%, impacting approximately 350-400 roles, as part of its cost-cutting initiatives. Swiggy intends to submit its draft IPO papers in the upcoming months.

Continue Exploring: IPO-bound Swiggy initiates workforce reduction, plans to cut 6% of jobs to enhance profitability

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Nestle shareholders push for healthier food sales amid concerns over nutritional impact

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Nestle
Nestle

A group of Nestle shareholders has submitted a resolution demanding the Swiss corporation to significantly increase the quantity of nutritious food it offers for sale.

The investors, organized by investment advocacy group ShareAction, have called on Nestle to establish an internationally recognized target to raise the percentage of its sales derived from healthier products.

The demand comes as a result of findings from research conducted by Oxford University and BiteBack, revealing that 70% of Nestle’s sales in the UK are comprised of foods high in fat, salt, and sugar.

Investors with $1.68tn in assets under management, including Legal and General Investment Management, are supporting the resolution, which will be voted on at Nestle’s AGM on 18 April.

Continue Exploring: Nestlé India collaborates with SOCIAL and BOSS Burger to debut MAGGI’s plant-based menu across major cities

Catherine Howarth, chief executive at ShareAction, said, “Nestle is the biggest food company in the world and has an enormous influence on billions of people’s diets and lives through the products it makes, advertises and sells to us.

“While the company claims in its mission statement that its products have ‘the power to enhance lives’, in reality, three-quarters of Nestle’s global sales are unhealthy products containing high levels of salt, sugar and fats.

“As Nestle has consistently failed to set out how it will shift the balance of its sales towards healthier food options, concerned investors have been left with no option but to bring forward a resolution at the company’s AGM in April.

“Any move away from sales of unhealthy products by Nestle will inevitably support healthier communities all over the world and in the long-term help economies too.”

The move from ShareAction comes six months after the charity accused Nestle of having a “flawed approach” as the company looked to increase sales of healthier products.

The investors said they were concerned a new healthy food target announced by Nestlé last September “undermines the company’s pledge to lead the food industry in ensuring balanced diets are within reach for people around the world.”

Nestlé had set a 2030 target for increasing the sales of “more nutritious” products by 50%.

The KitKat chocolate and Maggi sauce owner said it had planned to invest “significantly” to renovate existing products and to drive innovation to aid the initiative.

Nestlé aims to increase sales of healthier products by Sfr20bn-25bn ($21.77bn-27.21bn) by 2030, reflecting approximately a 50% growth from 2022 sales levels.

The shareholders contended that this growth strategy already aligned with the KitKat maker’s anticipated overall growth, highlighting that the target encompasses products that may not meet the criteria for being classified as healthy, such as coffee.

In response to the planned AGM resolution next month, Nestlé said ShareAction “are targeting the wrong company”.

It added, “The assertion that three-quarters of our sales come from unhealthy products is wrong: in the first year of our reporting, more nutritious and specialised nutrition products have gone from 57% to 59% of total sales (minus pet care). Or looking at it another way, 50% of our sales now come from coffee, pet care and Nestlé Health Science products, up from 30% a decade ago.

“We also disagree that products such as plain coffee or vitamins, minerals and supplements should be excluded. These are part of our portfolio and consumed by people on a daily basis.

“While we take note of ShareAction’s perspective, we disagree with the notion that we should aim to limit growth in specific areas of our portfolio. A proportional target would require us to weaken valuable parts of our portfolio and create opportunities for competitors without yielding public health benefits. Our goal is to achieve success across all segments of our portfolio, ensuring that we address responsibly the diverse needs and preferences of our consumers. There continues to be space for enjoyment in moderation as part of a healthy and balanced diet.”

Continue Exploring: Nestle unveils irresistible ice cream-inspired confectionery lineup!

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Global chocolate prices set to soar as cocoa processing slows in Ivory Coast and Ghana

Chocolate
Chocolate

According to Reuters, major cocoa plants in Ivory Coast and Ghana have halted or cut processing due to financial constraints in buying beans, as reported by four trading sources. This could potentially cause a significant increase in chocolate prices globally.

Due to three successive years of low cocoa harvests in the two countries that contribute to almost 60% of the world’s cocoa production, chocolate manufacturers have increased prices for consumers. With a fourth poor harvest expected, cocoa prices have more than doubled over the past year.

Chocolate producers depend on processors to transform raw cocoa beans into butter and liquor for chocolate manufacturing. Nevertheless, processors assert that they are unable to afford purchasing the beans.

Transcao, a state-controlled Ivorian bean processor, has halted bean purchases due to pricing concerns. Despite not disclosing operational capacity, the company is maintaining processing from existing stock. Nonetheless, two industry sources, speaking anonymously, suggest that the plant is nearly idle.

Continue Exploring: Chocolate giants Hershey and Cadbury plan price hikes as cocoa prices skyrocket

One of the two sources indicated that other significant state-run plants in Ivory Coast, responsible for nearly half of the world’s cocoa production, may soon face potential shutdowns.

Both sources also disclosed that Cargill encountered difficulties in bean sourcing for its primary processing facility in Ivory Coast, resulting in a temporary cessation of operations last month. When approached for comment, Cargill declined to provide a response on the issue.

In Ghana, the world’s second-largest cocoa producer, the majority of its eight plants, including the state-owned Cocoa Processing Company (CPC), have periodically halted operations for several weeks since the season commenced in October, as reported by two distinct industry sources to Reuters. The CPC indicated that it is presently operating at around 20% of its capacity due to the shortage of beans.

The price hike has caused disruption in the traditional global cocoa trade system, wherein farmers typically sell beans to local dealers, who in turn distribute them to processing plants or global traders. These traders then supply beans or various cocoa products—such as butter, powder, and cocoa liquor—to major confectionery companies like Nestlé, Hershey, and Mondelēz.

In usual circumstances, the market operates under strict regulation, where traders and processors buy beans from local dealers up to a year in advance at agreed-upon prices, while local regulators establish lower farmgate prices for farmers.

Continue Exploring: Cocoa prices skyrocket to 45-year high amid expected crop shortages

Nevertheless, in times of shortages like the present year, the system falters. Local dealers frequently offer farmers a premium above the farmgate price to acquire beans, later selling them on the spot market at elevated prices instead of honoring pre-arranged agreements.

Global traders are scrambling to purchase beans at any cost to fulfill their commitments with chocolate companies, frequently leaving local processors facing shortages. Typically, Ivorian and Ghanaian authorities safeguard local plants by providing them with inexpensive loans or by restricting the quantity of beans that global traders can procure. However, this year, plants are not receiving the cocoa they’ve requested and are unable to afford the increased spot prices.

As a result, chocolate manufacturers have already implemented price hikes. According to data from market research firm Circana, US retail stores charged 11.6% more for chocolate products in 2023 compared to 2022.

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Primark to expand click & collect trial beyond Britain, eyes global markets, CEO reveals

Primark
Primark

Clothing retailer Primark is set to expand its click & collect trial into more stores and possibly to markets beyond Britain, according to its CEO.

Unlike many of its competitors, Primark does not currently provide home delivery services. However, the company is experimenting with a click & collect service for kidswear and womenswear in 57 of its stores.

CEO Paul Marchant told the LIVE Retail Week x Grocer conference the trial was going “really well”.

“It plays into our bricks and mortar strategy because it is driving more customers to the stores. They’re filling a big basket online to collect, when they come into store they’re then adding a second basket,” he said.

“I’d like to think that the next stage of communication around click & collect is that we’re looking to expand that trial into more stores, maybe even more markets.”

Continue Exploring: California lifestyle apparel brand Dockers makes big bet on Indian market, plans five store openings in first year

Marchant emphasized that, due to Primark’s low average selling price and the expenses associated with fulfillment, the economic feasibility of home delivery still does not align with the company’s strategy.

Primark, a subsidiary of Associated British Foods, presently operates in more than 400 stores across 16 European countries and the United States. The company aims to expand its presence to 530 stores by the end of 2026.

Marchant expressed that ultimately, Primark aims to establish a presence on additional continents.

“Why wouldn’t Primark be a proposition that would appeal to consumers in … South East Asia, or the Middle East, or India, South America, Central America,” he said.

Continue Exploring: French apparel brand Kiabi partners with Myntra for Indian debut

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Rabanne unveils exclusive 1Million Golden Oud fragrance in India through Shoppers Stop

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1Million Golden Oud
1Million Golden Oud

Rabanne, the renowned luxury fragrance brand, has unveiled its latest scent, 1Million Golden Oud, exclusively in India through Shoppers Stop.

“We are thrilled about the Rabanne 1 Million Golden Oud launching on Shoppers Stop and are delighted to be the exclusive partner for this global fragrance in India,” said Biju Kassim, chief executive officer – beauty at Shoppers Stop.

“We definitely look forward to expanding our portfolio this year with more global luxury fragrances, aiming to meet the rapidly growing demand in India’s luxury market,” he added.

Continue Exploring: AdilQadri Perfumes targets INR 250 Crore revenue milestone by 2025, eyes venture capital funding boost

Rabanne launched the 1Million fragrance series back in 2008. Its latest addition, 1 Million Golden Oud, debuted in 2024 and has already made a notable mark in the Middle Eastern market.

“The Spanish perfume label Rabanne was established by Francisco Rabaneda, better recognized by the pseudonym Paco Rabanne. In 1969, the brand introduced its first fragrance, Calandre, designed for women.”

Established in 1991 by property developer K Raheja Corp, Shoppers Stop Ltd. inaugurated its first store in Andheri, Mumbai. With a presence spanning 106 department stores across 56 cities, the company also manages seven premium home concept stores branded as Home Stop, along with 88 specialty beauty stores featuring renowned names such as M.A.C, Estée Lauder, Bobbi Brown, Clinique, Jo Malone, Too Faced, and SSBeauty. Additionally, it operates 23 airport doors and Intune stores, covering an impressive area of 4.1 million square feet.

Continue Exploring: Baccarose partners with Alexandre.J to bring French perfume elegance to Indian consumers

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