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Category: Food

Retail Asia03/06/2019
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Food

McDonald’s ends food fight in India

2min0
International fast food chain McDonald’s has bought out its former partner Vikram Bakshi’s 50 percent stake in its Indian operations, ending a six-year dispute. The disagreement arose when McDonald’s India attempted to oust Bakshi as MD of local operator CPRL in 2013, a decision that was overturned after local arbitration hearings ruled in favor of […]
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Retail Asia03/06/2019
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Food

Venture Capitalists invests in Vietnam’s Pizza 4Ps

1min0
Private-equity firm Mekong Capital has invested in Vietnamese pizza franchise Pizza 4P’s via the Mekong Enterprise Fund III. The franchise was set up in 2011 by Japanese owners and has grown its network of locations to 11 stores nationwide serving more than 4700 customers per day. The company has also developed a fledgling line of […]
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Retail Asia03/06/2019
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Food

Online food store Grain Expanding Rapidly

1min0
Singapore-based online food store Grain has raised US$10 million in series B funding. The cash will be used to accelerate growth in Singapore, and expand into Thailand. To do that, the company will be cooperating with Thailand’s Boonrawd Brewery group’s subsidiary Singha Corporation. Singha will help Grain gain clearer insights into the target audience in […]
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Retail Asia29/05/2019
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Food

Urban Tea to roll out More China Stores

3min0
Chinese beverage and baked-goods retailer Urban Tea says it plans expansion from the middle of this year. The company will expand its network to 28 stores initially, through a combination of franchise partnerships and opening its own stores, with plans to speed up the rollout next year. Last October, Urban Tea set up a subsidiary […]
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Retail Asia29/05/2019
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Food

McDonald’s looks to create pipeline of property talent

5min0
With $500 million to be spent on new restaurants and refurbishments over the next three years, McDonald’s Australia has established a new property graduate program to create a pipeline of future property leaders within the organisation. The fast food chain recently announced the names of the program’s first successful applicants, and it is currently accepting […]
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Retail Asia28/05/2019
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Food

Hong Kong Restaurant Profits Rise

2min0
Retail sales may be down but Hong Kong restaurant sales rose by 3 percent in the first quarter of this year. The Census and Statistics Department (C&SD) provisionally estimates the value of restaurants receipts at HK$31.5 billion, while the value of purchases by restaurants increased by 3.1 percent to $10 billion. After netting out the […]
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Retail Asia27/05/2019
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Food

DFS launches fourth Whisky Festival

3min0
DFS Group has launched the fourth Whisky Festival at Changi Airport, this one with a pop-up bar. Aiming to “demystify the whiskey-making process”, the festival offers a selection of more than 400 whiskeys and many exclusive offers. Highlights include Bruichladdich Port Charlotte 10, Compass Box No Name, No 2, Glenmorangie Rare Cask 1399, Johnnie Walker […]
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Retail Asia27/05/2019
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Food

Dosa Hut opens first Gold Coast Restaurant, Australia

2min0
Indian restaurant chain Dosa Hut has opened its first Gold Coast store at Crestwood Plaza in the central part of the region. The 165sqm store in Molendinar will offer both dine-in and takeaway options. The Melbourne-based chain, which already has restaurants across Victoria, New South Wales, and the Australian Capital Territory, said the Gold Coast […]
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Retail Asia21/05/2019
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Food

Supermarkets lose Liquor Sales

3min0
Independent liquor retailers took back around 130,000 customers from supermarket chains over the 12 months to December 2018, increasing their market share from 9.8 per cent to 12.9 per cent, according to research firm Roy Morgan. Supermarket-owned chains, including Woolworths Group’s BWS and Dan Murphy’s, Coles Group’s LiquorLand, First Choice and Vintage Cellars, as well […]
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Retail Asia21/05/2019
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Food

HelloFresh to monetise Tasty Perks

2min0
HelloFresh has launched a new in-box sampling service called Tasty Perks, which allows brands to test new products on the meal kit company’s customers for a fee. The in-box advertising program creates a new revenue stream for HelloFresh and gives it additional insights into its customer base. For food and beverage brands, it presents an […]
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Retail Asia21/05/2019
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Food

Kyoto Ichinoden chooses Hong Kong

3min0
Japanese restaurant chain Kyoto Ichinoden has opened its first overseas restaurant in Hong Kong. The launch celebrates the brand’s 100th anniversary while also tapping into the city’s unique role in the region and its close ties with the Mainland market for future expansion. Kyoto Ichinoden’s debut local restaurant has opened at Ocean Terminal, Harbour City, […]
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Retail Asia20/05/2019
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Food

McDonald’s Malaysia Opens 20 More Restaurants

1min0
McDonald’s Malaysia will launch 20 new McDonald’s Drive-Thru restaurants before the end of the year. “Drive-Thru window sales have contributed almost 50 per cent of total sales at 167 restaurants,” said regional MD and local operating partner Azmir Jaafar. “On top of this, we’ve seen an average 10 per cent year-on-year growth in drive-thru sales […]
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Retail Asia20/05/2019
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Food

Texas Chicken Indonesia opens New Restaurant in Bandung

2min0
A Texas Chicken Indonesia franchisee will be among the first in the world to display the brand’s new look and feel. The company’s new ‘Blaze’ concept will make its debut in central Bandung, in a popular town-square style area known as Alun Alun Bandung. Quick Service Restaurant, an affiliate of the Texas Chicken franchisee in […]
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Retail Asia20/05/2019
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Food

Pizza Hut Malaysia Plans More Store Openings

2min0
The 400th Pizza Hut Malaysia store has opened at Central I-City Shah Alam. To celebrate the landmark moment in the franchise’s history, Pizza Hut is giving 4000 pizzas to diners, as well as an additional 400 pizzas to 10 local charities. It was also selling its personal-sized pizzas for just RM4 (around US$1) at the […]
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Retail Asia20/05/2019
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Food

Blue Bottle Coffee Taking Off in Seoul

3min0
The first South Korean cafe for Blue Bottle Coffee has launched today. The brand’s 14,000sqft headquarters in Seoul includes a roastery and training lab, which is open for public tours, classes, and tastings. Blue Bottle will open a second cafe in Seoul later in the second quarter and has plans for more by the end […]
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