Progressive Grocer
Britannia Industries Q4 Net Profit Up 17%
Indian Food Company Britannia Industries (BIL) has reported a consolidated revenue growth of 11.3 percent for the year at Rs 6,829 crore. In Q4, consolidated revenue grew 8.6 percent at Rs 1,777 crore. Profit from operations stood at Rs...
Progressive Grocer
SABMiller Repositions Foster’s Brand in India
Leading beer marketer SABMiller is repositioning Foster's beer brand in India as it looks to tap potential of the fast emerging market identified as an 'area of focus,' says PTI.According to the company officials, as a part of the...
Progressive Grocer
Bangalore-based Grover Vineyards merged with Nashik-based Vallee de Vin in 2012 to create Grover Zampa Vineyards– one of the largest Indian vintner. It began positioning at least eight of its brands including sparkling and still wines in the price...
Progressive Grocer
Cornitos celebrates 5th Anniversary this May
Cornitos, the flagship brand of GreenDot Health Foods Ltd is celebrating its 5th Anniversary this month by organising tasting activities in different cities. Promising to revolutionize the Indian FMCG Market, the company seeks to create a benchmark...
Progressive Grocer
Allied Blenders & Distillers to Sell 12% Stake to TPG & Carlyle; Keen on Tilaknagar Deal
Allied Blenders & Distillers (ABD), which owns the mass-whisky Officer's Choice, will divest up to 12 percent of its stake to two overseas PE players -- TPG and Carlyle Capital -- for about USD 250 million to fund its...
Progressive Grocer
Unilever to Sell Ragu and Bertolli Pasta Sauce Brands to Mizkan Group
Unilever has signed an agreement for the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for a total cash consideration of approximately $2.15 billion. The annual turnover for Ragu and...
Progressive Grocer
LocalBanya in Exclusive tie-up with Sankalp Farms for Organic Alphonso & Kesar Mangoes
Online grocery player LocalBanya in Mumbai has stocked a large variety of carbide-free mangoes which include raw mangoes, Payari, Badami, Kesar and Alphonso. More recently, it has announced its exclusive tie-up with Sankalp Farms for Organic Alphonso and Kesar...
Progressive Grocer
ITC Forays into Jelly Confectionery Space with ‘Candyman Jellicious’
ITC has forayed into the jelly confectionery space with the launch of Candyman Jellicious. According to the company offiials, the strawberry-flavoured jelly is made with real strawberry pulp with the texture of actual seeds inside and shaped like a...
Progressive Grocer
Creambell Unveils ‘Saffron Creamballs’
Indian ice-cream brand Creambell has launched "Saffron Creamballs" to its range of desserts. The "Saffron Creamballs" offer a rich selection of nuts and aroma of cardamom with cream.Speaking on the occasion, Nitin Arora, Chief Executive Officer, Creambell ice-cream, said:...
Progressive Grocer
Arvind Chaudhary, CMO, Wal Mart India Passes Away
Arvind Chaudhary, Chief Merchandising Officer at Wal Mart India, has passed away after a brief illness, in Gurgaon. He was 52 years old. He has worked with leading retail companies of the country, in various capacities. He has been...
Progressive Grocer
GCMMF which markets the Amul brand of milk and dairy products has registered highest ever growth of 32.1%, to achieve turnover of Rs 18143.46 crore during 2013-14. Results of the apex body of dairy cooperatives in Gujarat were declared...
Progressive Grocer
Dannon Oikos Introduces New Line of Greek Frozen Yogurt
The Dannon Company has launched Dannon Oikos Greek Frozen Yogurt at New York marking the brand’s first move into frozen products for home consumption category. The new product is available in pint containers (MSRP: $3.99) and six flavours including,...
Progressive Grocer
C.H. Robinson Launches Fresh Products Brand ‘Robinson Fresh’
In an effort to raise visibility for its expertise in fresh produce, C.H. Robinson has created a new global business brand named Robinson Fresh focussing on fresh products. Originally founded as a wholesale produce brokerage house in 1905, C.H....
Progressive Grocer
FMCG Sector – Still Not Out of the Woods
We recently conducted a survey of the rural supply chain,mainly FMCG distributors, to gauge the consumption trends. Our findings seem to suggest a clear softening in rural demand in the last six months, especially in West and South India.Slowing...
Latest News
McDonald’s opens first drive-thru in Nagpur
Located on the Nagpur Katol Road, the new store is spread across 3,867 sq. ft. of retail spaceBengaluru: US-based...