AGP Executive Report
Last update: 11 hours agoRestaurant Trends: Fast-food traffic fell 2.6% last quarter, putting chains under pressure as earnings season begins. OpenTable’s COO says AI is reshaping reservations, while restaurants are turning to smaller social-media creators to promote new menu items. Pricing & Trade: Proposed surveillance-pricing laws could affect restaurant loyalty programs. Food importer Gellert Global is also suing over 50% tariffs on Canadian goods, citing added pressure on food and beverage costs. Industry Moves: Abbott plans to spin off its nutrition business after years of infant-formula turmoil. In India, Flipkart is testing a rapid food-delivery service to challenge Zomato and Swiggy. Hospitality & Drinks: Australian liquor cooperative ILG reported sales growth of 2.9% to A$545 million and returned more than A$18 million to members in rebates and support. Melbourne’s Carwyn Cellars won two major Australian beer-industry awards.
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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