AGP Executive Report
Last update: 9 hours agoSupply & Investment: Indonesia’s sugar refiners warn refined-sugar supplies could run short by early 2027, urging faster raw-sugar import permits. Nestlé has pledged another $1 billion to expand production in Mexico, bringing its North American investment commitments to $2 billion. Restaurant Shake-ups: KFC will replace Pepsi with Coca-Cola across US locations from 2027, ending a decades-long partnership. Starbucks says its staffing-focused service model helped lift comparable sales 7.9% in its latest reported quarter. Struggling Crumbl is testing a $1.99 cookie-and-soda deal as stores close and sales sag. Food Policy: US officials have revived discussions on defining ultra-processed foods, potentially renewing debate over warning labels. India’s food regulator has issued notices to major manufacturers over product claims and labelling. Restaurant Tech: Olo is launching a direct-ordering app for customers of restaurant chains on its platform, aiming to cut costs compared with third-party delivery apps.
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