The global coffee industry has seen remarkable expansion in recent years, with growing demand for coffee surging by 28.6 million kilogram bags, far exceeding production, Vanusia Nogueira, Executive Director, International Coffee Organisation told BW Retail World. In the past three years, coffee production and consumption have surged, leading to a deficit in the market, she […]
McDonald’s (MCD.N) is increasing royalty fees for new franchise restaurants in the U.S. and Canada, marking the first such adjustment in nearly thirty years. This adjustment will align the fees with what McDonald’s charges in other global markets. Effective from 1 January, the fees will be raised from 4 per cent to 5 per cent. […]
Keventers, the iconic milkshake brand is rolling out a range of shakes that blend affordability and exceptional flavour. It inveiled Value Shakes at Rs 99, in three flavours. The Value Shakes collection features three flavors – Vanilla, Chocolate and Pineapple available in the 300ml regular-sized Keventers bottles. Agastya Dalmia, Founder & CEO of Keventers, says, […]
Punjab Grill opened an outlet in the vibrant city of Hyderabad. Its brand’s 38th establishment across India, Punjab Grill sets its sights on expanding further, with plans to exceed 40 outlets nationwide by the end of this quarter. The Hyderabad branch of Punjab Grill will feature the same signature menu that has garnered accolades and […]
Farmley, a dry fruits and nuts specialist brand has launched Sugar-Free Date Bites, according to the brand it has no added sugar and the newly launched Date Bites are made with the goodness of 6 ingredients – Pista, Almonds, Dates, Cashews, Honey & Ghee. Talking about the new launch, Akash Sharma, Founder and CEO, Farmley […]
Tim Hortons, the well-known Canadian coffee chain, opened its outlet in Bengaluru, India. “Recognising Karnataka as the coffee capital of India, contributing over 70 per cent of the nation’s coffee production,” the brand said in a media release. This expansion will include openings at Terminal 2 of Kempegowda International Airport and in the Koramangala neighborhood. […]
Coffee Day Enterprises (CDEL) reported robust financial results for the fiscal year ending 31 March 2023. The company’s net revenues surged by 59 per cent to Rs 924 crore, compared to Rs 582 crore in the previous fiscal year. Its consolidated coffee business contributed significantly, accounting for 94 per cent of the net revenues, followed […]
India’s vegetable oil imports have increased by 33 per cent year-on-year (YoY) to reach 18.66 lakh tonne in August. This is attributed to lower duties and a revival of demand after a decline in domestic rates, as reported by the Solvent Extractors’ Association (SEA). India is the world’s leading vegetable oil buyer, and its imports […]
Chai Sutta Bar, the brand known for its diverse range of tea offerings, revealed its latest Agra outlet offerings with nine distinct tea flavors to delight its customers. “Contrary to any misunderstandings, Chai Sutta Bar has always been about tea, not sutta (smoke) or bar. This expansion of the tea menu underscores the brand’s commitment […]
