AGP Executive Report
Last update: 9 hours agoRTD Push: Diageo India has launched Smirnoff Ice in peach and jamun flavours, taking on Bacardi in a young but fast-developing ready-to-drink alcohol market. New Products: Ghirardelli is moving beyond chocolate with crispy cookies in two flavours, while Rude Health is targeting at-home coffee drinkers with a new organic coconut barista drink. Airline Dining: American Airlines will test advance food reservations on DFW–Los Angeles flights, preparing selected items for passengers who order before departure. Restaurant Shake-up: True Food Kitchen filed for Chapter 11 and closed 12 locations, while continuing to operate 34 restaurants as it seeks a court-supervised sale. Food Safety: Canadian inspections found non-compliant chemical residues in Driscoll’s berries in 2022–24; the agency says investigations closed without recalls, and Driscoll’s says it updated its controls. Industry Deals: Uber agreed to buy catering platform ezCater for $2.3 billion, expanding its corporate food-delivery business. Market Pressures: PepsiCo is maintaining volume growth, but earnings remain under pressure as some consumers pull back; higher diesel costs also threaten to lift Canadian food prices.
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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