Online shopping company yihaodian.com has launched a collection of virtual supermarkets for mobile users throughout Shanghai’s metro system, with researchers claiming the development could offer NPD potential for food and drink brand owners.
A top food industry consultant in Australia has sounded an alarm on the declining competitiveness of the Australian food processing sector, citing the strong Australian dollar and supermarkets as the main reasons.
India's biggest consumer products company and the biggest retailer have joined to co-develop and co-brand a line of bakery products, in what could be a sign of changing retail patterns for food products in India.
The Philippines wants to be self-sufficient in rice and corn by 2013 and the 5.5% agricultural growth in the first half of 2011 could mark a positive start, according to the country’s agricultural secretary.
Australia-based Retail Food Group (RFG) will acquire the assets of New Zealand-based Evolution Coffee Roasters Group (ECRG) in a deal the latter expects will bolster its existing portfolio of products in the region.