581 Chocolate Orders Per Min: Swiggy Instamart’s Bull Run On Valentine’s Day
Swiggy’s Co-founder Phani Kishan compared the scenes with the stock market, labelling this as Swiggy Instamart’s bull run.
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Visibility Playing Key Role In Driving Sales In Chocolate Category: Report
- by BW Retail World Bureau
- October 28, 2024
This festive season has seen a notable trend towards premium pricing on quick commerce platforms, where chocolate products commanded higher average selling prices
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Hershey, Cadbury Brace For More Price Hikes As Cocoa Costs Rise
- by BW Retail World Bureau
- February 16, 2024
The producers of chocolate brands, Hershey and Cadbury, are contemplating further price adjustments to counteract an unprecedented surge in cocoa prices. Despite facing challenges such as reduced consumer purchases and potential impacts on profits due to inflation, these chocolate makers have consistently passed on the escalating costs to their customers. Over the past year, cocoa […]
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US Shoppers Buying Cheaper Gifts This Christmas Amid Inflation
- by BW Retail World Bureau
- December 11, 2023
Quality Street maker Nestle and Cadbury owner Mondelez are witnessing higher sales of confectionery in Britain this holiday season driven by cash-strapped shoppers seeking cheaper gifts, Reuters reported. According to analysts and consumer companies, consumers hit by inflation and higher mortgage rates are purchasing less expensive gifts this year. Some are opting for toys and […]
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Keventers Launches New Value Shakes For Rs 99, Aiming To Reach More Customers
- by BW Retail World Bureau
- September 23, 2023
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, […]
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Nestle India To Invest Rs 4,200 Cr By 2025, Establishes 10th Plant In Odisha
- by BW Retail World Bureau
- July 29, 2023
Nestle India on Friday revealed plans to invest a staggering Rs 4,200 crore by 2025. The investment includes the establishment of its 10th plant in Odisha, in addition to augmenting its existing manufacturing facilities. Chairman and Managing Director of Nestle India, Suresh Narayanan, at a media roundtable emphasised the significance of these investments, citing the […]