Yum! Brands is expanding Voice AI technology across Taco Bell drive-thru locations in the U.S., targeting hundreds of stores by the end of 2024. The company then aims to implement the technology in drive-thrus at its brands worldwide.
Its EBITDA increased by 7% to EUR 149.8 m. ARYZTA’s profit margin is well on track to reach its mid-term target of at least 14.5%. Its H2 organic growth is expected to improve.
Brian Niccol will join Starbucks on September 9, 2024, as its new CEO. After one year in the role, Laxman Narasimhan is stepping down as CEO and as a director effective immediately.
Update: Mars reached an agreement to buy Kellanova for more than USD 29 billion, according to the Wall Street Journal.
Tate & Lyle appointed Sarah Kuijlaars to the position of Chief Financial Officer, and to the Board of Tate & Lyle. Her roles start from September 16, 2024.
MULTIVAC Group acquired an 80% majority stake in Italianpack S.p.A., a manufacturer of automatic and semi-automatic packaging machines headquartered in Como, Italy. Italianpack will be incorporated into the MULTIVAC organization as a new business unit under the leadership of Tomaso Petrini, CEO of Italianpack.
McDonald’s second-quarter sales declined worldwide, a first for the QSR chain since 2020. Cautious spending was the cause behind it, with consumers showing a tendency to avoid higher-priced items on the menu, including its signature Big Mac.
Lotus Bakeries reported consolidated sales of EUR 599.3 million in the first half of 2024. This represents a year-on-year increase of 19.6%, or EUR 98.1 million.
