AGP Executive Report
Last update: 10 hours agoBeverage Shake-up: KFC will replace Pepsi with Coca-Cola at 3,700 U.S. restaurants in 2027, ending a nearly 40-year partnership. Restaurant Costs: Fast-food prices rose 3.8% year over year in September, outpacing grocery prices; combo meals now typically cost $9.50 to $12.50, and diners are pulling back. Cult-Favorite Demand: In-N-Out still won’t deliver, but Taskrabbit says about half of its fast-food pickup requests in Los Angeles and Orange County are for the chain, as fans pay others to bring them burgers. Food Safety: Mumbai authorities suspended licences at four eateries over hygiene concerns, including one ordered to close. Coffee Industry: Westrock Coffee refinanced with a $600 million, five-year credit facility, boosting liquidity and easing near-term debt payments. Produce Trade: Fruit Attraction drew 2,500 exhibitors and 121,000 professionals from 150 countries; fruit and vegetables accounted for nearly 53% of Andalusia’s food-and-beverage export value in the first seven months of 2026.
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