Food service, Retail, E-commerce
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Pick n Pay receives green light from competition commission to acquire Tomis Group
SOUTH AFRICA – South African Competition Commission has given the green light to the sale of Tomis Group, a prominent meat supplier, to the retail…
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Foodservice group Bidcorp posts revenue surge of 33.4% in the fiscal year 2023
SOUTH AFRICA – Bidcorp, an international broad-line foodservice group, has posted a 33.4% revenue increase for the fiscal year 2023 due to a favorable business…
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Burger King faces class action lawsuit for selling 35% less sized Whopper burger than in adverts
USA – American-based multinational chain of hamburger fast food restaurants, Burger King, has been accused of misleading customers by showing Whopper burger with a meatier…
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PepsiCo to invest US$175M in grocery tech company Instacart
USA – PepsiCo has agreed to purchase US$175 million of the Series A preferred convertible stock in American grocery delivery company, Instacart. The decision was…
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American quick service restaurant Papa John’s to open first Sub-Saharan outlet in Kenya
KENYA – The third-largest pizza delivery restaurant in the world, Papa John’s International, is going to set up its first outlet(s) in East Africa, this…