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AGP Executive Report

Last update: 10 hours ago

Grocery Pressure in the US: A new McKinsey/Kellogg survey finds groceries are the top affordability worry for 90% of Americans, with “food at home” still rising even as overall inflation cools. Food Retail Shift in Korea: Online overtook offline for the first time in Korea’s food distribution market, hitting 50.5% of food sales in H1 as shoppers normalize digital grocery habits. UK Food Resilience: IGD’s resilience survey says risk to the UK food system has risen, led by geopolitics and climate pressures, with many leaders doubting government support. EU Import Rules: From Aug. 12, the EU will require extra checks for some animal-origin imports, tightening traceability and documentation expectations for exporters. Japan Tax Cut: Japan approved a two-year cut to the food consumption tax to 1% from April 2027, with support aimed at low- and middle-income households. Food Service Costs in Malaysia: Malaysia’s services producer prices rose 2.9% in 2Q 2026, with accommodation and food & beverage services up 6.4% year-on-year. Food Hall Expansion (UK): Time Out secured a Piccadilly Circus site for a flagship Time Out Market London opening in summer 2028. Food Safety & Compliance (US/UK): Pennsylvania inspections highlighted labeling and hand-wash setup issues at some food handlers, while the UK saw new hygiene-rating rankings for towns and regions. Food Aid Under Strain (US): Reports say millions have already lost SNAP access under new mandates, raising fears of deeper hunger later this year. Corporate Moves (Beverages): Bain Capital is buying Gong cha from TA Associates, targeting continued expansion and faster store operations. Care Home Food Incident (UK): Portsmouth City Council apologized after an ombudsman probe found a care worker fed a woman dog food due to label-reading failures, alongside broader care-management failures.

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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Catering firm says it is 'genuinely very sorry' for playing Up the Ra song at fleadh: 'It was from a public playlist and staff did not notice'

Catering firm says it is 'genuinely very sorry' for playing Up the Ra song at fleadh: 'It was from a public playlist and staff did not notice'

Food caddy waste 'banned' item list confirmed in new consumer group update

Food caddy waste 'banned' item list confirmed in new consumer group update

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Food-borne outbreak spares the area

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Business Spotlight: Bakery a Cornerstone of Volcano

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