Category: Food

Retail Asia05/12/2019
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2min0
Collins Foods’ underlying half-year profit has risen 9.1 percent to $23.9 million, boosted by a 4.9 percent rise in same-store sales at its KFC Australia franchises. The fast-food franchisor says statutory profit for the 24 weeks to October 13 was up 12.1 percent to $24.1 million, as its revenue rose 9.2 percent to $448.8 million […]

Retail Asia04/12/2019
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2min0
Homegrown South Korean chain Hollys Coffee has replaced Starbucks as the country’s most-loved coffee brand. The Korea Consumer Agency conducted a survey of 1031 consumers between September 4 and 16 who had frequented six major coffee brands in South Korea, in which Hollys Coffee received the highest score of 3.95/5 in overall consumer satisfaction. Starbucks, […]

Retail Asia02/12/2019
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1min0
Dutch architecture studio OMA has installed a golden cube housing a cafe outside K11 Musea mall in Hong Kong. The “Kube” kiosk, housing artisan coffee brewer % Arabica Hong Kong’s newest outlet, also features black marble furniture and is designed to resemble a traditional dai pai dong food stall. “The Kube is a multifunction installation […]

Retail Asia02/12/2019
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2min0
Filipino fast-food chain Jollibee plans to expand its store network in North America to 250 by 2023. Its parent company Jollibee Foods Corporation (JFC) said it is committing to further expand the brand in North America, having identified the region as a key growth market. There are currently 46 Jollibee outlets in North America, with […]

Retail Asia29/11/2019
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1min0
South Korean coffee chain Ediya Coffee has opened its 3000th store. The new Daejeon outlet is a significant milestone for the local franchise, matched only by competing for cafe and bakery Paris Baguette. Ediya has opened 300 locations each year for the past six, and has been steadily expanding since launching in Seoul in 2001. […]

Retail Asia29/11/2019
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2min0
Indonesian coffee chain Fore Coffee is plotting an aggressive expansion plan that will make it the largest coffee operator in the country. Fore Coffee says it has partnered with hotel operator Airy to open 1000 new locations at the latter’s hotels across Indonesia. The new outlets will add to its current network of more than […]

Retail Asia28/11/2019
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4min0
Pork prices have surged following the African swine flu outbreak in Vietnam, driving up prices of related food in supermarkets and restaurants. Over the last two months, the prices of pork products at many supermarkets and food stores in Ho Chi Minh City rose 5-25 percent. For instance, the price of pork sausages has risen […]

Retail Asia27/11/2019
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3min0
QSR chain KFC has extended its partnership with Menulog for three more years after seeing a strong response to its offer on the food delivery platform over the past 12 months. The agreement will see the chicken chain offering delivery in more suburban and regional areas as it brings more restaurants onto the platform. More […]

Retail Asia27/11/2019
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2min0
A second Starbucks signing store has opened in Malaysia, this one in the heart of Penang’s historical deaf community. The world’s fourth Starbucks signing store it is part of the company’s ongoing commitment to inclusion, accessibility and diversity. It employs six deaf and seven hearing employees fluent in Malaysian Sign Language, expanding career advancement opportunities […]

Retail Asia26/11/2019
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3min0
Dutch brewer Heineken sold over 5 million Sabeco shares Friday, bringing its stake in Vietnam’s biggest brewer Sabeco down to 4.32 percent. The shares, equivalent to an approximate 0.81 percent stake, were sold to buyers whose identities have not been disclosed via an agreement, the Ho Chi Minh Stock Exchange (HoSE) reported. The sale was […]

Retail Asia25/11/2019
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2min0
Global Italian restaurant chain Pizza Express may be broken up as its Chinese parent Hony Capital resists attempts to negotiate the restructuring of more than £1.1 billion debt. According to Bloomberg, citing sources who asked not to be identified, investors who own 70 percent of the most senior-ranked bonds in Pizza Express have pledged to […]

Retail Asia22/11/2019
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6min0
Global coffee chain Starbucks today unveils a giant 35,000sqft Reserve Roastery outlet in Chicago, its largest store in the world to date. The five-story Starbucks Chicago store features a unique menu of Starbucks Reserve specialty coffee, boutique Milanese Princi bakery items, and an Arriviamo Bar featuring coffee cocktails Tributes to Chicago abound, including locally inspired […]

Retail Asia22/11/2019
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2min0
Filipino restaurant operator Jollibee Foods Corporation (JFC) has signed a joint venture agreement with Dim Sum to operate Tim Ho Wan restaurants in China. JFC’s wholly-owned subsidiary Golden Plate will own 60 percent of the joint venture and Dim Sun will own the remaining 40 percent. The two companies have committed to invest US$13 million […]


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