Confusing Food Labels To Be Cut Down

Food and labels

BY - Franchise India Team
Editor Sep 23, 2017/

122

/ 1 MIN READ.

A group of 400 of the biggest consumer goods companies across 70 countries has agreed to simplify food labels that create confusion among shoppers and leads them to discard food to the tune of $29 billion a year in the U.S. alone.

The goal is to streamline these labels, which includes "Sell by" and "Display Until," down to two by 2020, says The Consumer Goods Forum.

The group said that Companies would have the choice of two labels. One, which highlights "Use by," would be an expiration date for perishable items. The other label - "Best if used by" would apply to non-perishable items though the exact wording will be tailored by region.

In February, the Food Manufacturing Institute and the Grocery Manufacturers Association announced a similar labeling move.

Food and Beverage

Swiggy appoints Rahul Bothra as its first chief financial officer

BY - Franchise India Team
Editor Sep 28, 2017 / 2 MIN READ

Swiggy appoints Rahul Bothra as its first chief financial officer

Food delivery company Swiggy has appointed former Olam International executive Rahul Bothra as its first chief financial officer (CFO). Three years after it was launched, the Naspers-backed start-up is steadily beefing up its senior management as it looks to hire senior professionals in varied operational roles.

A Swiggy spokesperson confirmed the appointment by saying “As India’s leading food ordering and delivery platform, Swiggy is continuously looking to strengthen its team, including leadership, to support and enable its growth and increased scale of business. Rahul Bothra has come on board as the CFO to build on this growth, and deliver greater efficiency and value to the business and Swiggy’s ecosystem of partners.”

Swiggy is also in the last leg of hiring senior executives to take on the role of chief operating officer for the overall business as also to lead its cloud kitchen business with the appointments expected to close in the next couple of weeks.

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