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Category: Food

Retail Asia28/08/2019
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Food

BreadTalk Group CEO Resigns

1min0
BreadTalk Group CEO Henry Chu has resigned, citing “personal and health reasons”. Chu will depart from the helm of the Singapore-headquartered pan-Asian bakery and restaurant business at the year’s end. He will be temporarily replaced by company founder Dr George Quek until a new head is appointed from either within or outside the firm. “On […]
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Retail Asia27/08/2019
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Food

The Source Bulk Foods opens Restaurant in Singapore

2min0
Australia’s largest bulk foods and zero waste retailer The Source Bulk Foods has unveiled its first outlet in Singapore. Located at Cluny Court, the store will carry a wide range of pantry staples, numbering more than 350 products that include premium whole foods and treats as well as packaging-free household products. Founded in 2012 in […]
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Retail Asia27/08/2019
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Food

Starbucks Korea profit up with 28 percent

2min0
Starbucks Korea has reported a 28-per-cent year-on-year jump in its operating profit in the first half of the year amid rising appetite for premium coffee, discount store chain E-Mart said Tuesday. From January to June, the US coffee giant posted an operating profit of 74.7 billion won (US$61 million) in Korea, up from 58.3 billion […]
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Retail Asia27/08/2019
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Food

New World relaunches Cooking site with Easy to make Recipes

3min0
Grocery retailer New World has unveiled a new online platform, in partnership with design agency AKQA, designed to offer New World customers an optimized customer experience, designed to give them more choice, convenience and value, as well as encourage healthier food choices. Rather than simply acting as a traditional e-commerce portal, the New World website […]
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Retail Asia26/08/2019
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Food

Sugarfina partners with The Coffee Academics

1min0
Luxury confections boutique Sugarfina has teamed up with specialty-coffee chain The Coffee Academics in a collaboration targeting lovers of premium candy and fine coffee. The Cold Brew Coffee Collection by Sugarfina presents the world’s first coffee-infused gummy bears in three flavours – Cold Brew Bears, Bourbon Cold Brew Bears and Iced Vanilla Latte Bears. The […]
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Retail Asia26/08/2019
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Food

Jollibee expands into Alberta eyeing 100 new restaurants

2min0
Jollibee Canada is continuing its expansion, opening its first store in Alberta this Friday, (August 16) at Edmonton. The store will be the Philippine-founded fast-food group’s fifth store in Canada, as it sets out to build a network of 100 outlets there within five years. The chain recently opened other locations in Winnipeg and the […]
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Retail Asia26/08/2019
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Food

Tokyo restaurant Kikanbo opens first Hong Kong Outlet

2min0
Tokyo restaurant brand Kikanbo is to open its first Hong Kong restaurant in Causeway Bay, its third international market. From today, Hong Kong customers can enjoy a taste of the restaurant known as Tokyo’s “perennial long queue store”, and which sells 27,000 bowls of ramen each month Kikanbo, described as a karabishi miso ramen restaurant, […]
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Retail Asia23/08/2019
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Food

Blue Bottle Coffee’s industrial-style flagship opens in Seoul

3min0
Blue Bottle Coffee’s first South Korean cafe which opened in Seoul’s artsy Seongsu neighborhood earlier this year, features an industrial-style design with steel surfaces and red-brick fixtures. The cafe was designed by Schemata Architects, which has already created several of the brand’s branches in Tokyo, Japan. South Korea is the second international market for the […]
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Retail Asia23/08/2019
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Food

Subway under investigation for underpaying work force

3min0
Subway has said it could terminate franchisees that fail to meet their financial responsibilities amid an investigation launched by the Fair Work Ombudsman into the underpayment of its workers. The sandwich retailer said franchisees are required to meet regulatory, financial, workplace and employment requirements, and failure to do so could lead to disciplinary action. “Failing […]
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Retail Asia22/08/2019
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Food

Starbucks India Speeding up store rollouts

2min0
Starbucks India plans to ramp up its store rollout. The global coffee chain opened 25 new stores in the last financial year and 30 new stores this year with local partner Tata Global Beverages – but plans to open a far greater number of new stores in the near future, according to Tata Starbucks CEO […]
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Retail Asia22/08/2019
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Food

Nestle starts selling Starbucks-branded coffee in China

3min0
FMCG giant Nestle started selling Starbucks-branded coffee in Mainland China today, seeking to tap growth in a market where it says coffee consumption per capita remains low compared to global standards. Nestle last year paid US$7.15 billion for exclusive rights to sell the US chain’s coffees and teas globally and began selling Starbucks-labelled products in […]
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Retail Asia22/08/2019
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Food

Aldi growing three times as fast as competitors

5min0
Australians top priorities in grocery shopping are convenience, quality and pricing – with the latter surprisingly coming in third. Dunnhumby’s latest Australian Grocer Retailer Preference Index found that Woolworths is the go to “one-stop-shop” for wide product variety while rival Coles is the chosen grocery for promotions and rewards. However, discount grocer Aldi beats them […]
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Retail Asia21/08/2019
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Food

The Salted Plum opens at Suntec City

3min0
Southern Taiwanese restaurant The Salted Plum has opened its second outlet in Suntec City. The outlet features a spacious dining area with a street ambiance, a self-service system and new dishes exclusive to the venue. The brand, which serves tapas-style Taiwanese dishes, began as a pop-up called FiveTen before launching its first permanent location on […]
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Retail Asia21/08/2019
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Food

New lease-reporting standard will ‘significantly’ impact Xiabuxiabu results

2min0
Chinese restaurant operator Xiabuxiabu says the impact of the new International Financial Reporting Standard 16 (IFRS 16), which changes the way leases are treated in financials, will seriously impact its profit this year. The Hong Kong-listed company issued a profit warning yesterday saying profit attributable to shareholders for the six months to June would decrease “significantly” compared […]
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Retail Asia20/08/2019
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Food

Restaurant openings sap Jumbo Group profit

1min0
Jumbo Group profit fell 24.8 percent in the third quarter to S$1.7 million (US$1.2 million) as new restaurant openings added to expenses. The Singapore-listed restaurant group opened three new outlets in Singapore: a Jumbo Seafood at Jewel Changi, along with Zui Yu Xuan Teochew Cuisine and Chao Ting Teochew Pao Fan eateries at Far East […]
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Retail Asia19/08/2019
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Food

Smashburger weighs down Jollibee results

2min0
Jollibee’s Smashburger and Red Ribbon business units significantly dragged down the restaurant operator’s first-half profits. Jollibee Foods Corporation says the company’s net income attributable to shareholders was P1.1 billion (US$21.1 million) in the second quarter – half that of the preceding three months. First-half profit was down 34 percent on the same period last year. […]
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Retail Asia19/08/2019
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Food

Habit Burger Opening in Cambodia

2min0
The Habit Restaurants is set to expand its Habit Burger Grill franchise throughout Cambodia in partnership with Amory F&B in a 25-store development agreement. The first outlet is expected to open in Phnom Penh in spring next year. “We quickly developed a passion for The Habit Burger business when we saw how much focus there […]
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