Food service, Retail, E-commerce
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American fast-food chain McDonald’s to set up virtual restaurants in the metaverse
USA – McDonald’s, the world’s largest fast-food restaurant chain, has applied for trademarks for virtual restaurants in the metaverse in preparation for a possible launch…
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Majid Al Futtaim to inject US$15.9m into opening new Carrefour stores in Egypt
EGYPT – In Egypt, the food retail market is one of the most competitive and fast-growing sectors. While new players seek to enter the industry…
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Mcdonald’s leads other big food brands in suspending Russian operations
RUSSIA – American multinational fast-food corporation has decided to temporarily close all its restaurants in Russia and pause all operations in the market following the…
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Kroger partners Impossible Foods to expand Home Chef brand into plant-based category
USA – American retail chain Kroger is expanding its Home Chef brand into the plant-based category through a new partnership with Impossible Foods. The…
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French retailer Carrefour to open shop in Israel in partnership with Electra
ISRAEL – French supermarket chain Carrefour is set to set up shop in Israel following the signing of a franchise agreement with Israeli company Electra…