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Category: Food

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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Retail Asia16/05/2019
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Food

Chatime facing allegations of Employee Underpayment

4min0
Bubble tea chain Chatime is the subject of the latest underpayment scandal, after an in-depth report alleged rampant underpayment in both corporate-owned stores and the franchisee network stretching back to 2009. Employees of the Taiwanese company’s Australian subsidiary – Infinite Plus – are owed more than $10 million, according to the report. Many of the […]
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Retail Asia16/05/2019
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Food

New Zealand Food Basket launches Tmall Store

3min0
Some of New Zealand’s most popular food and beverage brands now have direct access to Chinese customers through a new flagship on the online marketplace, Tmall. The online flagship, which opened last week, is the result of a joint venture between Tmall Fresh and New Zealand Food Basket Ltd, a consortium of 18 food and […]
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Retail Asia15/05/2019
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Food

Pazzion footwear launches cafe concept

1min0
Footwear retailer Pazzion has unveiled a cafe concept at Jewel Changi. Located next to the Pazzion boutique, the 45-seat Pazzion Cafe is designed in monochromatic tones of black and white, peppered with grey and gold, and vintage-style pendant lights. A feature wall with an inset shelving unit displays vintage-looking props, including a typewriter, telephone and […]
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Retail Asia15/05/2019
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Food

Fast-food chain Jollibee Plans China Rollout

1min0
Filipino fast food chain Jollibee may open its first location in China within the next five years. The firm already has a presence in the territory, where it operates the Dunkin’ Donuts franchise. It also operates eight stores in Hong Kong. JFC president and CEO Ernesto Tanmantiong told that the firm is currently looking for a […]
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Retail Asia15/05/2019
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Food

Starbucks sales surge despite China Growth

3min0
Starbucks sales growth has surpassed expectations with a glowing earnings report released yesterday that revealed strong performance in cafes across the US and China. “We are especially pleased with our comparable-store sales growth in our two lead markets, the US and China,” said Starbucks CEO Kevin Johnson, “where we are also continuing to drive strong […]
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Retail Asia14/05/2019
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Food

China’s Luckin Coffee Looking at The USA

2min0
China’s Luckin Coffee has filed for a US IPO seeking to raise up to US$800 million. For the time being, the IPO is officially indicated by a $100 million placeholder figure, however knowledgeable sources have disclosed the actual amount sought may be more than $500 million and up to $800 million, with the company’s valuation […]
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Retail Asia10/05/2019
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Food

Naked Wines about to sell all UK stores

3min0
Majestic Wine is reportedly looking to sell its entire UK retail portfolio to focus on its international e-commerce business, Naked Wines. Bankers at Rothschild have been contacting private equity firms to buy the British bricks-and-mortar business, which includes around 200 stores, on behalf of the retailer, according to Sky News. Majestic Wine acquired Naked Wines in […]
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Retail Asia08/05/2019
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Food

Cha Tra Mue Ready for Hong Kong debut

2min0
The bubble-tea craze is showing no sign of letting up with yet another overseas entrant about to make its debut on the streets of Hong Kong. The latest brand comes not from Taiwan, but from Thailand. Cha Tra Mue, described by Time Out as “one of Thailand’s most popular and beloved tea brands,” will open its first […]
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Retail Asia07/05/2019
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Food

Kenny Rogers Roasters will reopen in Singapore

1min0
American rotisserie restaurant Kenny Rogers Roasters will reopen in Singapore with new look and Halal-certified menu. The chain’s last branch in the city – at Great World City – will reopen sometime this year, the announcement coming just a week after its shock closure. Lao Huo Tang Group of Companies will be taking over the […]
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Retail Asia07/05/2019
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Food

Tiger Street Lab expands brand from beer to fashion and more

3min0
Tiger creates experiential space. Tiger Beer has unveiled Tiger Street Lab at Singapore’s Jewel Changi – billed as the brand’s first global experiential concept store. Tiger Street Lab expands the brand beyond beverages into food, fashion and design, in an ‘open-air’ space overlooking the world’s tallest indoor waterfall at the heart of the new shopping […]
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Retail Asia07/05/2019
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Food

Yonghui boosts stake in Chinese grocery Zhongbai

2min0
Dairy Farm Group-backed Yonghui Superstores is to boost its interest in Central Chinese regional supermarket chain, Zhongbai Holdings. According to a stock exchange filing in Shanghai, Yonghui is offering RMB8.10 per share to take its stake in the company from 30 per cent to 40 per cent. The deal is worth RMB559 million (US$83.3 million) and […]
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Retail Asia06/05/2019
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Food

Starbucks opens its largest store in Singapore

2min0
Starbucks Singapore has opened its largest store yet. Operating in Jewel Changi, the two-storey flagship store will serve a mix of quality coffee experiences and localised offerings. Upon entry, visitors are greeted by a layered wooden storefront, inspired by the textures of coffee-farm landscapes. At the front and centre of the store stands a sprawling […]
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Retail Asia06/05/2019
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Food

Supermodel Gigi Hadid Named for McDonald’s role

2min0
Supermodel Gigi Hadid is facing criticism over her recent promotional Instagram post for McDonald’s. A photo of Hadid eating McDonald’s French fries at the Coachella music festival provoked a considerable backlash in the comments feed, with many observers taking issue with her partnership with a fast-food chain considered by many to be synonymous with obesity […]
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Retail Asia06/05/2019
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Food

A&W Singapore makes a Huge Comeback

2min0
American fast food chain A&W Singapore is making a comeback this week at Jewel Changi. The chain made its original debut in the city back in 1966 with an outlet at Dunearn Road, burt closed all five outlets in 2003, exiting the market. After the Jewel Changi return, a second outlet will be opened by […]
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Retail Asia03/05/2019
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Food

Habeco forecasts profit to drop a third to 10-year low

2min0
The Hà Nội Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VNĐ310 billion (US$13.3 million) in 2019, the lowest in 10 years. The announcement will be reported at the firm’s annual shareholder. Other topics that will be brought up at the meeting include the projection of total production, total revenue and […]
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