Retail

Latin American start-up innovation amid coronavirus chaos

Latin American start-up innovation amid coronavirus chaos

By Niamh Michail

From the Mexican bakery delivering cook-it-yourself experiences to nutrition apps advising the healthiest meal plans during quarantine, Latin American start-ups and SMEs are adapting their business models to survive the coronavirus crisis.

Grupo Bimbo goes electric in Mexico

Grupo Bimbo goes electric in Mexico

By Gill Hyslop

The Mexican bakery giant has invested $146m into its initiative to grow its electrically powered fleet to make emissions-free deliveries in Mexico City, Guadalajara and Monterrey.

NPD trend tracker: From instant Starbucks to 'great tasting' CBD

NPD trend tracker: From instant Starbucks to 'great tasting' CBD

By Katy Askew

FoodNavigator's weekly round up of new products from around Europe includes the launch of instant Starbucks coffee from Nestlé, a move the company says delivers a convenient premium coffee experience. Elsewhere, health and wellness drives saw the rollout...

Marfrig hits record-high revenue and earnings in Q4 2019

Marfrig hits record-high revenue and earnings in Q4 2019

By Asia Sherman

Marfrig Global Foods finished 2019 with record returns, posting R$14.2 billion in fourth quarter revenue, a 23.5% increase year-on-year. Adjusted EBITDA for the quarter was R$1.6 billion, up 70.2% from the same period last year.