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Walmart's Rosalind Brewer, Microsoft's Satya Nadella to join Starbucks' Board

Starbucks Corporation announced on Wednesday the nominations of President and Chief Executive Officer of Sam's Club (a division of Walmart), Rosalind Brewer; Executive Chairman of the LEGO Brand Group, Jørgen Vig Knudstorp; and CEO of Microsoft Corporation, Satya Nadella, to...

Is the competition sleeping with your customers?

Burberry would have died a decade ago had it not been for its digital re-birth. It all began back in 2006 when Angela Ahrendts took over Burberry, a brand that was severely lagging behind its peers in the luxury goods...

US-based Blackstone Group acquires 50 pc stake in Pune's Westend Mall

In a landmark deal, international property consultancy JLL India has facilitated the sale of 50 per cent stake in Westend Mall in Aundh, Pune to US-based private equity player Blackstone Group. Post-acquisition of retail malls in Ahmedabad, Amritsar and Navi Mumbai last year,...

Starbucks presents five-year plan, to open 12,000 stores by 2021

Starbucks on Thursday presented its five-year plan for strong global growth at the Biennial Investor Conference. The company said it plans to add 12,000 stores globally – to a total of 37,000 – by 2021. It has projected a 10 per...

Starbucks CEO Howard Schultz steps down to focus on high-end coffee

Howard Schultz, Chairman and Chief Executive Officer (CEO) of Starbucks, will be stepping down in April next year and will move into the role of executive chairman. Starbucks’ President and Chief Operating Officer (COO) Kevin Johnson will replace Schultz as...

Starbucks to double China stores in five years; names first CEO

The World's biggest coffee chain Starbucks recently named its first chief executive officer for China and said it plans to more than double its store count in that country to 5,000 by 2021, the company said in a statement.. Starbucks...

14 most valuable FMCG and Foodservice brands of the world

Recently, Interbrand released its 2016 Best Global Brands report identifying the world’s 100 most valuable brands. The Top 100 brands have a combined total value of $1,796,384 million, an increase of 4.8 per cent from 2015. A division of Omnicom...

Fast food chains largest contributors of carbon emissions: Study

Rapidly growing multinational fast food chains in India are the largest contributors to hydrofluorocarbons (HFC) emissions and could add the equivalent of nearly one million tonnes of carbon emissions by 2020, says a new international study. US-based McDonald's, Starbucks, Subway...

FSSAI announces ten new initiatives to promote safe food culture

Aiming to create a culture of food safety in the country, regulator FSSAI today announced a host of initiatives to promote safe food at homes, schools, offices, eateries and religious places, besides a national survey for assessing milk quality. According...

Top 10 global retailers operating in India

The retail industry is changing like never before, with e-commerce and technology taking over all spheres of the sector. However, despite the growing popularity of shopping online, physical stores are still formidable at selling merchandise, owning about 90 per cent of...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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