Arla in Europe and Edcon in Africa announce job cuts, while PepperTap in Asia shuts down its operations in some cities completely. Vietnam is experiencing an upsurge and Foodpanda India is the first in its industry to nail down a cooperation with McDonald's. Find out about these stories and more. Enjoy.
Paytm to hire thousands India's largest mobile payments platform announced to hire 3,000 staff for its payments bank, which is due to start by the end of the financial year.
Consumers want naturalness and clear information
An independent consumer study shows: consumers wish for natural food and drink with easy to understand ingredient information, especially when it comes to colour.
Find out how food and drink manufacturers can meet today's consumer demands.
Ban the bin France has become the first country in the world to introduce a food waste ban on its supermarkets by law. On a smaller scale, but still as the first supermarket in the UK, Asda has introduced a ‘wonky vegetable’ box, 30 % cheaper than its prettier, flawless veggie counterparts.
Parting with long-standing execs Asda has hired the founder of international shopper marketing agency Saatchi & Saatchi X Andy Murray as its new CCO, replacing Barry Williams +++ Agent Provocateur's CEO Garry Hogarth will be leaving the company after ten years in the role with his replacement still to be announced.
Selling the home base In an attempt to reduce debt and costs, department store operator J.C. Penney is pursuing a potential sale and partial leaseback of its headquarters in Texas.
Sweet deal, bitter pill In a deal worth around US$ 253 million, largest shareholder Associated British Foods intends to buy the remaining stake in Africa's top sugar producer South Africa's Illovo Sugar +++ Johannesburg-based retailer Edcon announced job cuts at its head office as part of its turnaround strategy. The company did not reveal numbers but denied media reports that claimed the cuts to be as high as two-thirds of the 3,000 head office staff.
Moving online Kenyan supermarket chain Tuskys is testing an online shopping model to recreate virtual shops for its 52 stores.