AGP Executive Report
Last update: 9 hours agoFDA Shake-Up: The FDA commissioner’s departure is tied to pressure over food and drug policy fights, including a crackdown on artificial food dyes and scrutiny of drug TV ads. Food Prices in Focus: Japan expects June price hikes across 1,078 food and beverage items, with seasonings and processed foods hit hardest as supply costs ripple through. Retail Beverage Strategy: Prepared drinking water is being reframed as a strategic retail category, not just a low-margin commodity. Restaurant Economics: Operators are raising menu prices as protein and seafood costs climb, with “check creep” starting to pressure traffic. Plant-Based Pullback: The plant-based boom is cooling fast, with Clover Food Lab closing remaining locations and signaling the fad’s retreat. Alcohol Rules: Thailand extends alcohol sales hours, while Royal Gazette updates in Rayong tighten permitted windows and require screening measures. Industry Moves: Red Robin agrees to sell 30 locations for $23.5M in a refranchising push, aiming to strengthen its balance sheet.
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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