AGP Executive Report
Last update: 7 hours agoQSR Value Wars Backfire: New spending/retention data shows most major fast-food chains lost customer retention after the $5-meal push began in 2024, with McDonald’s still growing transactions but seeing retention slide. Franchise Deal: Taco Bell operator Mas Restaurant Group sold 44 Houston-area locations to Ghai Restaurants, expanding Ghai’s Taco Bell footprint. Food Price Policy: India raised onion procurement prices 24.4% to Rs 15.80/kg under its buffer stock plan, while pulse buffer stocks hit a record 43 lakh tonnes. Public Health Watch: Los Angeles and Northern California are seeing a late-spring norovirus surge, with wastewater and outbreak reports pointing to shifting seasonal spread. Food Assistance Boost: The U.S. SNAP program is set for a historic 25% increase in October, lifting average monthly benefits to $157. Food Safety/Compliance: India’s FSSAI issued a notice over a bad-quality curd complaint tied to quick-commerce app orders. UK Food System Alarm: Experts warn Britain is “sleepwalking” toward a food emergency as climate, inflation, and fragile supply chains squeeze resilience. UAE Sustainability: The UAE launched “Naseej” to tackle about 220,000 tonnes of textile waste annually via circularity across the textile value chain.
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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