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'Afternoon economy' cools as heat keeps customers indoors, Retail News, ET Retail

Heatwave conditions, particularly in the North, are significantly impacting the afternoon economy, affecting sales and footfalls between 12 noon and 4 pm. The scorching temperatures are leading to a decline in the availability of delivery riders, pushcart vendors, and sales workers. Businesses are experiencing disruptions in routine deliveries and working hours, prompting changes in operating hours and strategies to cope with the heat. While business activity is dampened in the afternoon, there ...
Dhairyashil Patil Ranjan Chatterjee Jayen Mehta Sagar Daryani India Consumer Products Distributors Federation Speciality Restaurants

Design Hotels Launches a New Study on Neuroaesthetics

Diving deep into the impacts of a growing trend first explored in our Further Forecast 2024, Design Hotels announces the launch of "Neuroaesthetics โ€” Design for the Mind", a new cultural study on neuroaesthetics, uncovering how aesthetics, culture, and technology impact our brains, bodies, and behaviors. Researched and developed by neuroaesthetics studio Kinda Studios and created in partnership with FSB Franz Schneider Brakel, the study collates insights across science, technology, and the art...
United Kingdom Sarah Doyle Refik Anadol Robyn Landau Franz Schneider Brakel Mike Holland

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cocoa prices: Oh dear! The bill for your dinner date just went up. Blame it on pricey cocoa, coffee, palm oil & sugar

The cost of dining out and ordering in restaurants is rising, with bills potentially rising 5-8% starting this month. This is the first increase in about 1.5 years, as prices of cocoa, coffee, palm oil, and sugar have surged over the past quarter. Cocoa prices have reached a record, reaching over $10,000 per tonne, following disappointing harvests in key producing countries such as Ghana and Ivory Coast. Cocoa prices have doubled in the January-March quarter from the preceding one, and cocoa but...
Coted Ivoire Ivory Coast Aseem Grover Motilal Oswal Jayen Mehta Saurabh Khanijo

Investments, M&As return to spice up food services space

Mainland China and Oh! Calcutta operator Speciality Restaurants is in advanced talks for its first set of acquisitions, Anjan Chatterjee, chairman of Speciality said, adding that the listed company has set aside a corpus of Rs 125 crore for M&As this calendar year. On the other hand, Rebel Foods, owner of Faasos and Mandarin Oak, is preparing for an initial share sale early next year, the first cloud kitchen company to go public.
West Bengal Rohit Aggarwal Sagar Kochhar Sagar Daryani Khazanah Nasional Berhad Ranjan Chatterjee

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