AGP Executive Report
Last update: 12 hours agoFast-Food Expansion: Jollibee’s Tim Ho Wan is buying out WDI Corp.’s 30% stake in its North American master franchise JV for about $5.05M, aiming to grow to 20 U.S. stores by 2028 via more franchising and local partners. Food Safety Lawsuit: A Pennsylvania woman is suing Taco Bell and Taylor Farms after a cyclospora infection tied to lettuce from a Meadville Taco Bell, with claims of lasting health risks. Health & School Rules: Maharashtra’s FDA crackdown is pushing Mumbai schools to remove items like vada pav, samosas and aerated drinks, replacing them with options such as idli, poha and buttermilk/lassi. Beverage & Packaging: Asahi says all its soft drink bottles will shift to 100% recycled PET, covering about 350M bottles a year, supported by Australia’s PET recycling capacity and deposit schemes. Hospitality Pressure: Australia’s cafes and restaurants are facing closures as costs rise and spending softens, with 3,910 closures in the year to July. Menu Trends: Shrimp is gaining traction on limited-service menus as chains chase protein value and lighter summer options. Inflation Watch: South Africa’s food inflation hit a 16-year low, helping drive headline inflation down to 4.3% in July.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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