AGP Executive Report
Last update: 8 hours agoRestaurant Tech & Deals: Starbucks plans to test AI-assisted drive-through ordering that uses app order history to speed service. A proposed $17 billion DoorDash–Instacart deal is also drawing scrutiny over what consolidation could mean for restaurants. Industry Growth: Canada’s food and beverage manufacturers say the sector could lift its GDP contribution from $35.1 billion to $56.2 billion by 2035 with stronger government support, after years of flat growth and declining productivity. Ottawa has separately committed $50 million to food innovation, creating new opportunities for Saskatchewan processors. Consumer Demand: U.S. seasonal chocolate sales fell $33.1 million over nine weeks through Oct. 17, as squeezed budgets and health trends curb purchases of holiday treats. Beverage Results: Varun Beverages reported third-quarter profit growth of 13.5%, with revenue up 33%, on stronger volume.
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