Category: Food

Retail Asia06/08/2019
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2min0
China’s Luckin Coffee wants to expand into India and the Middle East. The company has signed a memorandum of understanding to create a joint venture with Kuwait-based Americana Group which will open stores across the Greater Middle East and India. No further details have been released, according to Reuters. Luckin, which sells coffee by app […]

Retail Asia05/08/2019
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1min0
Bali-based bakery Starter Lab is opening its first overseas branch in Singapore. Located at 721 Havelock Road, Singapore’s Starter Lab will be able to host up to 35 people around a communal table and bars, offering take-away coffee and bread. Its menu is expected to feature seven types of sourdough loaves each day, and flavours […]

Retail Asia02/08/2019
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2min0
The plant-based meat market will rise from US$150 million in 2018 to over US$320 million by 2025, according to a 2019 Global Market Insights, Inc. report. Consumers are wanting more meat alternatives, such as those based on wheat, soy, pea, lentils or oats, as awareness about the health benefits of plant based options rises. Consumers […]

Retail Asia02/08/2019
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3min0
Starbucks China has opened its first Starbucks Now store – an express retail experience that integrates Starbucks physical and digital customer touch points. Centered in Beijing’s financial district, the Starbucks Now store is the company’s first express-retail format location. The service combines the signature Starbucks cafe environment with mobile order and pay and Starbucks Delivers […]

Retail Asia02/08/2019
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8min0
The CEO of embattled food retailer Dean & DeLuca is promising a massive store rollout in Asia at the same time as unpaid suppliers suspend deliveries to the brand’s remaining US stores. Sorapoj Techakraisri, CEO of Dean & DeLuca’s Thai owner Pace Development, said this week US losses will stop by the end of this […]

Retail Asia02/08/2019
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2min0
Fast-food chain KFC Hong Kong has opened a new concept store format in Causeway Bay. The new three-storey store, which seats 150, aims to enhance the traditional fast-food dining experience with a chic style. It features a street-level kiosk offering desserts and ice creams, while the first floor has self-ordering kiosks with modern bar stools. […]

Retail Asia01/08/2019
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1min0
Ajisen China has reported a 4.8 per cent improvement in same-store sales for the June quarter. The Hong Kong-listed fast-casual restaurant operator combined sales in its local operations with those in the mainland and did not comment on the respective markets this reporting period. Overall sales for the restaurant business rose by 6.4 per cent, […]

Retail Asia31/07/2019
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1min0
Singapore-based private equity firm Everstone plans to sell its Burger King India franchise. The firm is reportedly in advanced discussions with Rahul Bhatia-controlled InterGlobe group to sell the franchise a deal worth US$204 million. The fast-food chain operates 140 outlets, spread across cities in north, west and south India. Last year, its sales reached $54 […]

Retail Asia31/07/2019
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1min0
China·Chengdu Panda Cafe, a coffee house featuring panda elements, officially debuted in Naples, Italy last weekend. The cafe, presents Chengdu-themed performances to guests, quickly attracted local customers curious to try the brand’s unique “Chengdu Flavour” coffee. It also features a number of interactive events, including panda painting, calligraphy, and Chengdu-themed postcard writing. “Baby pandas” in […]

Retail Asia31/07/2019
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1min0
Ten Ren Vietnam will close all of its 23 stores on August 15, local franchise holder Vietnam Coffee Trading Service has announced. The company, whose main business is the fast-growing The Coffee House chain, said the current business model does not conform to the needs of the customer. It will close the chain and plan […]

Retail Asia31/07/2019
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1min0
US coffee roaster Crimson Cup Coffee & Tea has opened its fourth international coffee shop in Dhaka, Bangladesh. The new Rangs Fortune Square venue joins Crimson Cup Coffee Houses in the Banani and Dhanmondi neighborhoods. “Dhanmondi is a huge residential area with a multicultural population,” said MD Mohaimin Mostafa, “and our existing shop in Dhanmondi […]

Retail Asia31/07/2019
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1min1
Innisfree Canada has chosen Toronto for its first standalone store. The South Korean natural cosmetics brand’s new store will cover around 2500sqft of Toronto’s Yorkdale Shopping Centre according to designs. It will use a direct-to-consumer retail model designed to meet a competitive marketplace. The “plant-to-bottle” brand, operated by Seoul’s Amorepacific Corporation, partnered with CBRE to […]

Retail Asia30/07/2019
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1min0
Restaurant chain Oporto has launched in Vietnam under local franchisee Ben Thanh Group, with plans to open 24 restaurants across the territory in the next 10 years. The brand’s CEO Craig Tozer indicated the Vietnamese expansion provides a further gateway to a new market of potential consumers. “Vietnam is an ideal market for Oporto with […]

Retail Asia30/07/2019
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1min0
Luckin Coffee, the Chinese cafe startup that has directly taken on Starbucks in the territory, is moving into the takeaway tea market with its new Xiaolu brand. “Coffee and tea are the two most popular drinks in the office,” said Luckin VP Jinyi Guo. “However, there are currently few renowned brands of milk tea in China, the […]

Retail Asia30/07/2019
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1min0
Indonesian coffee chain Wake Cup Coffee & Eatery has launched in Mumbai. The franchise opens in India in partnership with local franchisee Gobble Me Good, its first international location after opening 13 outlets back home. The firm is the newest player in India, the world’s 10th fastest-growing coffee market currently valued at ₹2570 crore (US$374 […]

Retail Asia29/07/2019
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2min0
KFC India will offload 61 equity-owned restaurants to Devyani International as part of its international strategy to withdraw from capital-intensive operations while further developing its brand. Devyani, KFC owner Yum!’s biggest franchise partner in the territory, will take over the locations in Karnataka, AP and Telangana, dropping Yum!’s company-operated KFC locations within India to less […]

Retail Asia26/07/2019
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2min0
Indian online grocer Grofers will convert around 200 service-partner stores into its own offline branded outlets. The move is intended to expand Grofers’ business without affecting online sales, and has already been put into effect in around 100 such “kirana” outlets, providing training in point-of-sale, retention and loyalty schemes, among other areas. Plans are also […]


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