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Mondelez International reports strong Q4 sales surge, but volume decline spurs a 2% share drop
Mondelez International reported an increase in sales for the fourth quarter; however, the impact of price hikes negatively affected volumes. The rise in prices...
Starbucks enters Himachal Pradesh, unveils first drive-through store in the region
Starbucks, the renowned US-based coffee chain, has marked its entry into Himachal Pradesh with the unveiling of a new drive-through store, as shared by...
Retail boom in tier-2 Indian cities: Global brands and local players invest heavily as economic growth spurs consumption hubs
With the increasing affluence of wider strata in Indian society, retailers are channeling significant investments into tier-2 cities. This is driven by the rapid...
McDonald’s faces intensifying backlash over alleged support for Israel amid Gaza conflict, #BoycottMcDonalds trend gains momentum
McDonald's, the American multinational fast-food chain, continued to face growing backlash amid the Israel-Hamas war in Gaza, with the social media trend 'Boycott McDonald's'...
Consumer advocacy group files lawsuit against Starbucks for deceptive ethical sourcing
The National Consumers League (NCL), a US-based consumer advocacy organization, initiated legal proceedings against Starbucks last week.The legal action contends that Starbucks, the international...
Nestlé boosts coffee production capabilities with $100 Million investment in Vietnam
Nestlé Vietnam has strategically invested $100 million to enhance the production capabilities of its Tri An coffee facility in the southern province of Đồng...
Starbucks CEO bullish on India’s coffee market, targets 1000 cafes by 2028
Starbucks CEO Laxman Narasimhan has announced plans to open a new store in India every third day, aiming to establish 1000 cafes by 2028....
McDonald’s faces challenges in Middle East markets amid Israel-Hamas strife
McDonald's CEO Chris Kempczinski said on Thursday that various markets in the Middle East, along with some outside the region, are facing a "meaningful...
Starbucks opens first store in Talca, strengthening its presence in Southern Chile
Alsea, Starbucks' licensed partner, has announced the opening of its first store in the city of Talca within central Chile's Maule region.The new café...
Starbucks reaches out to union in a bid to resolve tensions with frontline workers
Starbucks has made contact with the union representing numerous U.S. stores, seeking to repair its tense rapport with certain frontline employees, as revealed in...
Starbucks loses $11 Billion in value amidst boycott and political strife
Seattle's Starbucks Corporation is feeling the rapid repercussions of escalating global political tensions, with a staggering loss of around $11 billion in value. This...
Indonesia’s Tomoro Coffee debuts in Shanghai, plans massive Chinese expansion
Tomoro Coffee, an Indonesian coffee chain, has made its debut in the Chinese market with the opening of its first location in Shanghai, as...
