Author: Bobby
-KH News Desk (cbdigital@imaws.org) The company’s digital sales increased to 62%, spearheaded by SOKs (Self-Ordering Kiosks). McDelivery platform, its own delivery channel, saw a significant increase in users. McDonald’s restaurants in West and South India which are owned and operated by Westlife Foodworld Limited have reported a record full-year performance for 2023 with the highest-ever sales of Rs. 22.7 bn, up by 44% YoY, powered by the industry’s top Same Store Sales Growth (SSSG) at 36% YoY. A Cash PAT of Rs. 2.5 billion, up 97% YoY, was reported by the company. The company recorded an all-time high Q4 sales…
-KH News Desk (cbdigital@imaws.org) CLEAR, one of the fastest-growing water brands in India works towards efficient recycling of waste by collaborating with Recycle.GREEN. CLEAR, one of the fastest growing water brands in India, on its 18th Anniversary pledges towards efficient recycling of waste, through all its channel partners. It has tied up with Recycle.GREEN to become a Zero Waste Brand. CLEAR has created a framework to collect all the plastics generated from manufacturing plants and used bottles for recycling. In order to achieve its mission, they are sensitizing and training its employees, distributors, and sellers about the Zero Waste mission.…
-KH News Desk (cbdigital@imaws.org) The Playboy Beer Garden, which specialized in pleasure and leisure lifestyles opens its first outlet in Gurgaon with comprehensive food and beverage menu. The Playboy Beer Garden has been opened in Gurgaon by Jay Jay and Kwality Restaurants in partnership with PLBY Group, Inc., the owner of Playboy, which is a well-known firm that is specialized in pleasure and leisure lifestyles. The Playboy Beer Garden has been opened in Gurgaon by Jay Jay and Kwality Restaurants in partnership with PLBY Group, Inc., the owner of Playboy, which is a well-known firm that is specialized in pleasure…
-KH News Desk (cbedit@imaws.org) Food is a common thread which keeps evolving every single day. Access to quality food is everyone’s need in the society. Over time, The F&B industry has seen massive growth and has been providing a gamut of food to the customers. Innovation is the core element of this growth of the sector. For some it’s quality while for others its a mix of both quality and pricing. Undoubtedly, The F&B segment has immense potential and influence on India’s economy. As per a report by the Federation of Hotel and Restaurant Associations of India, the HoReCa (Hotels,…
-KH News Desk (cbdigital@imaws.org) Hershey has invested billions in expanding its line of salty snacks, adding to its already thriving position in the confections market. Since 2017, Hershey has invested billions in expanding its line of salty snacks, adding to its already thriving position in the confections market. The renowned food producer is now prepared to seize yet another profitable growth opportunity by introducing goods that integrate both aspects of its business. In recent years, the CPG giant has actively attempted to acquire SkinnyPop Popcorn, Pirate’s Booty Puffs, and Dot’s Homestyle Pretzels in order to build a position in the…
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-KH News Desk (cbdigital@imaws.org) Novozymes brings in a game-changing biosolution, Novamyl BestBite to increase the increase shelf life and freshness of baked food without affecting its texture. Novozymes, a global leader in bio innovation brings in a game-changing biosolution, Novamyl BestBite. It is a Novamyl baking product used to increase the increase shelf life and freshness of the baked food without affecting its texture. They try to achieve great balance without compromise. The company claims that it helps to give ‘ a soft yet resilient bite.’According to Novozymes, the new biosolution reduces between 50% to 75% of added sugar without…
-KH News Desk (cbdigital@imaws.org) Michelle Obama becomes a co-founder and a strategic partner of Plezi Nutrition which prioritizes healthier food and beverage for children. Michelle Obama, the first lady who promoted the Let’s Move Campaign, becomes a co-founder and strategic partner of Plezi Nutrition. This company focuses on healthier food and beverage products for children. It prioritizes health and reduces the sugar content, lower sweetness, and adds nutrients, to condition kids’ palates to crave less sweetness. Obama unveiled a “Kitchen Cabinet” advisory group, which would assist the company with product development, marketing strategies, and educational initiatives. The group will be…
-KH News Desk (cbdigital@imaws.org) Kraft Heinz redefines home-cooked convenience with its launch of HOMEBAKE 425°/:30 which acts as a one-stop solution to cook food in a standard oven at 425 degrees within 30 minutes. Kraft Heinz’s press release says that about 61% of U.S. consumers prefer a homemade dinner each night. More than a third are disappointed with their end product. Homebake 425°/:30 brand gives a one-stop solution to this. The products of Homebake require less preparation time and the consumers can cook their products in a standard oven at 425 degrees within 30 minutes. The packaging is designed to…
-KH News Desk (cbdigital@imaws.org) Do Good Foods turn upcycled food waste into feed for animals to increase the sustainability of animal protein production and decrease landfills. Do Good Foods formed by Hal, Matt, and Justin Kamine, founders of the Kamine Development Corporation mission is to increase the sustainability of animal protein production y keeping food waste from piling up in landfills. They plan to sell poultry which they claim as ‘carbon-reduced’ chicken. This company is backed by $ 169 million from asset manager Nuveen to establish its first product Do Good Chicken. The inspiration to turn upcycled food waste into…