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Retail Asia20/11/2019

South Africa’s Real Foods Group is launching its healthy fast-casual restaurant concept Kauai into Southeast Asia in partnership with Thai hospitality company Dusit Food, under the local brand name, Real Foods. The Real Food restaurants will maintain Kauai’s concept and store design. Most of the menu will follow the original Kauai’s, while other dishes will […]

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Retail Asia20/11/2019

Created in Nanjing, the brand now operates more than 500 outlets across the mainland since its first store debuted in June last year. Following The Whale Tea’s first foray into Southeast Asia, launching in Malaysia earlier this year, the brand opened its first two Singapore outlets, at Lot One Shoppers’ Mall and City Square Mall […]

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Retail Asia19/11/2019

Two months after entering the local market with food delivery services in Melbourne, DoorDash has expanded to Sydney and now covers more than 40 percent of the Australian population it says. Launched in the US in 2013, the platform is the market leader in America with 35 percent market share. But it has a long […]

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Retail Asia19/11/2019

London-based Bulldog has become the first-ever international skincare brand to maintain its Cruelty-Free International Leaping Bunny-approved status and be able to sell in Mainland China. Until now, animal testing of cosmetics remains compulsory in China, however, Bulldog has been excluded from this, thanks to a Cruelty-Free Pilot Project, launched by animal protection and advocacy group […]

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Retail Asia19/11/2019

Hong Kong plant-based grocery shop and cafe Green Common will launch online on Tmall Global at the end of this month, during the marketplace’s Black Friday event. The grocer, known for its plant-based products, will be making its first appearance in Mainland China, offering a range of about 40 food items, including products from popular […]

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Retail Asia18/11/2019

Vietnamese food giant Masan is struggling to grow its beer business, which is suffering losses and could drop out of the domestic market. Masan expects a loss of $15 million this year from its White Lion beer brand, Danny Le, board member of Masan Consumer Holdings, said at an investors’ meeting last month. If the […]

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Retail Asia18/11/2019

The number of coffee shops in South Korea continues to grow. More than 71,000 coffee shops are now operating nationwide, with 14,000 openingsz last year alone. According to a report by KB Financial Group Management Research Institute, the increase in the number of coffee shops is because the number of new shops opening has dramatically […]

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Retail Asia18/11/2019

Ongoing restructuring is impacting on Dairy Farm International’s grocery and convenience sales – but total group income is up. In a third-quarter management update, the company said combined sales including 100 percent of those of associates and joint ventures for the period were ahead of the same period last year, primarily due to the investment […]

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Retail Asia15/11/2019

Subway Hong Kong will join 14 other restaurants to celebrate World Sandwich Day this week. For every regular 6-inch sandwich combo, Subway Hong Kong customers can get one standard 6-inch sandwich for free in this event. For every purchase of the combo, HK$5 will be donated to St. James’ Settlement in Hong Kong to help […]

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Retail Asia15/11/2019

Starbucks Coffee has opened the first-ever Starbucks Pickup store in New York City’s Penn Plaza. The location uses the Mobile Order & Pay feature of the Starbucks mobile app as the primary ordering and payment method for customers. Customers who visit the location will place and pay for their orders using the app, selecting Penn […]

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Retail Asia15/11/2019

Hong Kong restaurant sales slumped by 11.7 percent in the third quarter as protests deterred foreign visitors and locals dined in more often. The value of receipts was provisionally estimated at HK$26.4 billion (US$3.37 billion), and the value of purchases by restaurants decreased by 10.9 percent to HK$8.5 billion ($1.086 billion). After netting out the […]

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Retail Asia14/11/2019

Shake Shack Singapore is considering opening a new outlet in the territory following better-than-expected business at its Jewel Changi Airport location. The brand’s culinary director Mark Rosati said in an interview with Channel News Asia that long queues to the existing location have persisted several months into trading, underscoring Shake Shack’s popularity with Singaporeans. The […]

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Retail Asia12/11/2019

Starbucks China same-store sales grew at 5 percent in the latest quarter, while its store network is up 17 percent year on year. While that sales growth is slower than the 6 percent the company achieved in the US market, it shows the brand is not cannibalizing sales in existing stores as it expands its […]

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Retail Asia11/11/2019

A majority stake in the operator of the Dairy Queen and Papa John’s Pizza chains in China is likely to go on the market. Citing sources with knowledge of the matter, Bloomberg has reported that EQT, the Swedish private-equity owner of 57 per cent of China F&B Group is considering selling its stake. China F&B […]

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Retail Asia08/11/2019

Global coffee chain Starbucks is now on track to accept payments in the world’s best-known cryptocurrency, Bitcoin. The firm is partnering with Wall Street-listed Intercontinental Exchange (ICE) which will begin testing its consumer app Bakkt in Starbucks stores in the first half of next year in as many as 30,000 Starbucks outlets globally. Starbucks hinted […]

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Retail Asia08/11/2019

Private equity firm Everstone Capital may withdraw from its involvement in Sari Burger Indonesia (SBI), the country’s master franchise owner of Burger King. A DealStreetAsia report revealed the firm has been speaking with banks and advisers over the course of this year about the potential move. Everstone is currently in a partnership with Indonesian retail […]

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Retail Asia06/11/2019

Taiwanese milk-tea brand CoCo Fresh Tea & Juice is slated to open its third store in Cebu City, Philippines in 2020. CoCo debuted in the urbanized city in March this year when it opened at the SM Seaside City shopping mall, followed by a second outlet six months later. GM Larry Evans Tan says “Cebu […]

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Retail Asia06/11/2019

Fourth-generation French baker and globally recognized pastry chef Gontran Cherrier has opened his first boulangerie and restaurant in Hong Kong’s K11 Musea. The Hong Kong store and restaurant mark the first flagship for Asia with further openings planned across Japan, Taiwan, and the UAE. At K11 Musea’s Food Playground, the 3500sqft Gontran Cherrier space encompasses […]

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Retail Asia05/11/2019

Vietnam’s biggest brewer Sabeco reaped VND90 billion ($3.87 million) in revenue a day in January-September, a double-digit rise. In its latest financial report, the Saigon Beer Alcohol Beverage Corp reported revenues of over VND28.3 trillion ($1.22 billion) in nine months, up 10 percent year-on-year. Revenue from beer in the period accounted for 86 percent of […]

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Retail Asia05/11/2019

Keventers milkshake-brand owner Sohrab Sitaram has launched Fat Tiger, a tea shop and dim sum franchise in India’s Delhi, Chandigarh, Ludhiana and Karnal. Sitaram says Fat Tiger introduces popular international flavors to the territory as well as a mid-market dim sum offering in a market where the cuisine is only associated with either street food […]

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