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Cargill Launches Asia Pacific Digital Business Studio to Accelerate Food and Agriculture Innovation
Cargill’s first digital business studio in Asia expands the company’s innovation investments in the region
Cargill is partnering with the Singapore Economic Development Board (EDB) to launch its first digital business studio in Asia. The studio is designed to support local founders with investments that bring Cargill solutions to the market and accelerate innovation for the food and agriculture industry in Asia-Pacific.
Through this three-year partnership, Cargill will develop a portfolio of at least five new startups in Singapore. The startups will focus on pressing...
Shawarma Press® Continues Expansion in Texas With Opening of its Sixth Location in Frisco
Shawarma Press, the award-winning quick-service franchise committed to bringing authentic, healthy Mediterranean fare to the masses, continued to dot the Texas landscape with the recent opening of its sixth location in Frisco. Enthusiastic customers swiftly welcomed the restaurant to the community by showing up hours before the grand opening and forming a line that snaked throughout the parking lot. Members of the Frisco Chamber of Commerce and other local dignitaries joined in the festivities that included free samples of mouthwatering shawarma and discounts...
Marco's Pizza® Inks 46-Store Phoenix Agreement
Marco's Pizza, one of the nation's fastest-growing pizza brands, announces a 46-store development agreement that will bring new stores to the Phoenix metro market over the next six years. This development news contributes to the brand's overall growth goal of 1,500 units by 2023, as Marco's sets sights on becoming the No. 4 brand in pizza.
Behind this development agreement is 11-year Marco's area representative and franchisee Robert Pina, who joined the brand in 2011 in Houston, Texas. He currently oversees development in Houston and San Antonio with his...
Popeyes® Brand Arrives in India as Part of Continued International Growth
Today, the Popeyes® brand and Jubilant Foodworks Limited (JFL), India’s leading food service company with a strong legacy of introducing and growing international brands in the country, are excited to open the first restaurant in Bangalore, India, in the city's hot spot of Koramangala.
“We are very excited to work with Jubilant Foodworks Limited to officially introduce Indian guests to the Popeyes® experience and our iconic Louisiana style chicken with its unique blend of spices and flavors,” said David Shear, President RBI International, parent company...
KPOP Foods Acquired by Leading Korean Food Retailer Wooltari USA
KPOP Foods, a vibrant Korean food startup that launched out of UCLA Anderson and debuted through Kickstarter in 2017, announced today its acquisition by Wooltari USA, a leading retail and online grocer of premium Korean food products. KPOP Foods will continue as a wholly owned subsidiary and will have enhanced capabilities through Wooltari USA in product development, sourcing, and operations to expand its distribution and services.
Since its founding, KPOP Foods has significantly grown thanks to adding celebrity chef Chris Oh as its Head of Product, becoming a top seller...
Capriotti's Sandwich Shop and Wing Zone Announces 2021 Growth, New Investors
As 2021 comes to a close, Capriotti's Sandwich Shop (Capriotti's) and Wing Zone announced another extremely successful quarter which brought the signing of 12 area developer agreements equating to a total of 53 new shops between the two brands. With the addition of these new signings, Capriotti's closes out the year with a total of 96 new shops, and Wing Zone signed agreements for 91 new shops in 2021.
The Q4 area developer agreements will expand both brands into new territories – bringing award-winning food to new fans across...
HelloFresh to Double Investments in 2022 as Stock Dives
German meal-kit operator HelloFresh plans to double its investments in production capacity, infrastructure and product development to about 450 - 550 million euros ($508.73 million to $621.78 million) in the coming year.
Speaking at HelloFresh’s Capital Markets Day on Wednesday, CEO Dominik Richter said the company was responding to changes in consumer behaviour as more people work from home due to the pandemic.
To further grow its customer base, HelloFresh said it would be expanding...
Smithfield Foods' Saratoga Food Specialties to Expand, Nearly Double Presence in Southern Nevada
Smithfield Foods, Inc. today announced Saratoga Food Specialties, its customized dry seasoning blends, sauces, dressings, and glazes business, will nearly double its footprint in Southern Nevada and bring approximately 50 additional jobs to the Clark County area with support from the Nevada Governor's Office of Economic Development (GOED) and the Las Vegas Global Economic Alliance (LVGEA).
In December 2019, Saratoga announced plans to acquire and invest in a former seasonings production plant to be the company's premier sauces, dressings, and glazes facility. Building on its initial...
Impossible Foods Accelerates International Expansion with Launches in Australia and New Zealand
California-based Impossible Foods has arrived in Australia and New Zealand, marking the company’s third and fourth international market launches in 14 months. Impossible Foods’ flagship product, Impossible™ Beef Made From Plants (known as Impossible™ Burger in other markets), is now available on the menus of top chefs in Auckland, New Zealand, the greater Sydney area, and nationwide across Australia at Grill’d — Australia’s leading national burger brand.
Earlier this year, Australia and New Zealand's regulatory body, Food Standards Australia New Zealand (FSANZ), approved Impossible Foods’...
AYO Foods Expands Nationwide, Achieving 80x Increase in Distribution Just One Year After Launch
AYO Foods, a premium meal solutions brand delivering an authentic and delicious line of West-African inspired cuisine, today announced that its brand has achieved 80 times increase in distribution as their products have now expanded nationwide across leading retailers. Furthermore, the company has been able to achieve this tremendous milestone just one year after launching their operations in 2020 of last year.
"We are so excited to experience such tremendous growth in just a short period of time," said Fred and Perteet Spencer, co-founders...
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