In early May 2013, Burger King Worldwide, Inc. in Miami, Florida, USA, announced the sale of its wholly-owned subsidiary Burger King GmbH, Munich, Germany, and its 91 company-owned Burger King restaurants in Germany to Yi-Ko Holding GmbH, owned and o...Read more … Burger King sells company-owned German restaurants
According to new research by the management consulting company McKinsey & Company, Inc. in New York, USA, and the Confederation of Indian Industry, food consumption in India will rise by 4% each year from INR 11tn (approx. EUR 154.2bn) in 2010 to I...Read more … India: food consumption is growing
The Starbucks Coffee Corp. in Seattle, USA, announced record sales. In the second quarter of the financial year, sales increased by 11% to USD 3.6bn (approx. EUR 2.76bn). The profit was boosted by 26% to USD 390m (approx. EUR 300m) compared to the pr...Read more … Starbucks to grow in Asia
The ttz Bremerhaven from Bremerhaven, Germany, will launch its Food Tech Innovation Portal at the homepage www.foodtech-portal.eu on 1st May 2013. The online portal offers descriptions of technologies related to food processing, including their worki...Read more … ttz: Food Tech Innovation Portal goes online
About two and a half years ago, Domino’s Pizza Group plc from Milton Keynes, UK, announced that it will grow rapidly on the German market and will therefore open up to 1,000 stores. Apparently everything takes time: in the first quarter of 2013 the...Read more … Domino’s in Germany
German discounter ALDI Einkauf GmbH & Co. oHG from Essen (ALDI Nord) and Mühlheim an der Ruhr (ALDI Süd) will start a new shop format in London, UK. The company plans to build smaller stores in key locations to gain a new market share in the conv...Read more … London: Aldi plans smaller shops
At the end of March 2013, retail giant Carrefour S.A., Boulogne-Billancourt, France, opened its 1st store completely dedicated only to organic products in Paris. Based at 29 boulevard Diderot in the 12th arrondissement, the shop named “Carrefour Bi...Read more … Carrefour to test new organic shop
According to TechSci Research, a global market research and consulting company, the Indian chocolate market is expected to grow in the coming years with a total estimated volume of 3.41m t by 2018. It is suggested that the Compounded Annual Growth Ra...Read more … Indian chocolate market shows growth
The Kellogg Company from Battle Creek, Michigan, USA, announced full-year sales growth of nearly 10.8% in its frozen business. This means an increase in full-year net sales by 7.6% to USD 14.2bn (approx. EUR 10.6bn). The high sales came from its froz...Read more … Kellogg with high frozen sales
The Krispy Kreme Doughnut Corporation from Winston-Salem, USA, opened its first franchise location in India on 19th January 2013 in the city of Bangalore, India's 3rd largest city. Over the next five years, the donut chain wants to open 80 retail loc...Read more … First Krispy Kreme store in India