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Tag: bread

Retail Asia08/12/2021
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Food

Coles launches low-carb bread

4min0
Coles has launched a new range of low-carb bread after the demand for calorie-conscious bread surged this year. Priced at $4.80 a loaf, Coles 85 percent Lower Carb Loaf contains 21 grams of protein and 8.5 grams of fiber per serve, as well as being vegan-friendly and low in sugar. While it only launched in […]
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Retail Asia15/06/2021
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Food

Paris Baguette enters Cambodia

2min0
SPC Group is launching the Paris Baguette bakery franchise in Cambodia, opening the first branch in the country‘s capital city, the company said Wednesday. According to SPC Group, the Korean firm behind bakery brand Paris Baguette, it forged ties with Cambodia’s HSC Group to open the first Paris Baguette store in Phnom Penh. Cambodia is […]
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Retail Asia20/04/2021
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Food

Subway Australia launches 24-seven trading

1min0
Fast-food chain Subway Australia has unveiled a 24 hours express pick-up service in Bald Hills, Brisbane, ahead of a broader national rollout. Customers can order their foods via the app or using a third-party provider and collect their purchases at an express pick-up window. “Over the past year, through Covid we have seen a change […]
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Retail Asia26/08/2020
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Food

BreadTalk launches cafe chain concept, Butter Bean

2min0
BreadTalk is launching a cafe chain concept called Butter Bean in Singapore, with the first outlet opening at Funan Mall. Centred around the traditional Singaporean Nanyang coffee concept, Butter Bean offers a menu of coffee-based beverages and reimagined Singaporean dishes made without pork or lard, including toasts, baked goods, mains, and sandwiches. “We aim to […]
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Retail Asia08/06/2020
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Food

BreadTalk delisted after privatisation plan finalized

2min0
Singaporean bakery and restaurant operator BreadTalk is to be delisted from the Singapore stock exchange tomorrow (June 5) following its mandatory acquisition by BTG Holding. The firm applied to delist from the exchange following the suspension of trading on April 21. The new owning entity is owned by BreadTalk’s founder George Quek and his wife, […]
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Retail Asia23/01/2020
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Food

US sandwich chain Blimpie makes Asian debut

1min0
American ‘submarine sandwich’ chain Blimpie has opened its first store in Singapore, marking its debut in Asia. Located in Tampines, the Blimpie Singapore store offers a menu adapted for halal consumers. In a style similar to Subway, customers can choose a type of bread ranging from white, wheat, olive, or Parmesan and choose fillings they […]
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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 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 Asia16/08/2019
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Food

BreadTalk Group Profit Down

2min0
Expansion-related costs saw Singapore-listed BreadTalk Group’s quarterly profit more than halve despite rising sales. According to a stock-exchange filing, net profit was down by 57.9 percent to S$1.02 million for the June quarter, but sales rose 9.8 percent to $163.3 million. Besides its namesake brand of bakeries, BreadTalk’s portfolio includes Toast Box, Food Republic, and […]
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Retail Asia02/08/2019
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Food

Dean & DeLuca chief bullish about Asia

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 […]
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Retail Asia29/05/2019
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General

Thailand acquisition boosts BreadTalk Turn Over

3min0
Singapore’s BreadTalk Group has reported a year-on-year revenue increase of 6.1 percent to S$157.6 million (US$115.56 million) for its first financial quarter this year. The group’s net profit increased by 11.5 percent to $1.3 million over the period. Sales at BreadTalk’s bakery division rose 2.3 percent to $72 million ($52.8 million) during the first quarter […]
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Retail Asia22/04/2019
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Food

Malaysian bakery Lavender Singapore Opens Its Doors

1min1
Malaysian bakery Lavender is opening at Jewel Changi in Singapore this week. Set to open on Thursday (April 11), the store will sell Lavender’s buns, French-style choux cream puffs, and house-made pandan kaya. Located next to the 40m-high Rain Vortex waterfall, the outlet offers takeaway-only baked goods. “We try to stay competitive with prices so […]
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Retail Asia22/02/2019
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Food

BreadTalk buys out joint venture partner in Thailand

1min0
Minor Group has sold its half share in BreadTalk Thailand to the bakery’s Singapore-listed owner. According to the Straits Times, BreadTalk paid US$5.15 million for the stake, which Minor Group is expected to use to expand its other food and beverage brands in the kingdom, including The Coffee Club.   The BreadTalk Thailand joint venture, called BTM […]
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Retail Asia20/11/2018
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Food

BreadTalk Opens New Concept Store In KL

1min0
Boutique bakery franchise BreadTalk Malaysia has opened a new concept store in Kuala Lumpur’s Avenue K Shopping Mall. The new outlet is situated opposite the KLCC LRT station and is offering a promotional tote bag to early customers spending more than RM20. It opens from 8 am to 10 pm daily. BreadTalk Malaysia is preparing […]
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Retail Asia07/05/2018
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Food

BreadTalk Group to broaden brand mixes

4min0
Diminished returns from BreadTalk Group’s bakeries in Hong Kong and Mainland China saw the division’s sales slip 4.5 per cent in the first quarter of this year. However, group revenue rose 0.5 per cent to S$148.5 million (US$111.55 million) as other divisions compensated. And on a like-for-like basis, BreadTalk’s core food and beverage business posted […]
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Retail Asia08/11/2017
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Food

BreadTalk Group great profit results

4min0
BreadTalk Group has moved beyond merely making a crust, with breakthrough profits for its third quarter to the end of September. This was despite a challenging retail environment, says the F&B group which recorded a 139.5 per cent explosion in net profit to S$16.8 million (US$12.3 million) for the period. It attributes its success to […]
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Retail Asia11/08/2017
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Food

Breadtalk Group quarterly profit jumps 62 per cent

1min0
Breadtalk Group has posted a 61.9 per cent jump in net profit to S$2.11 million (US$1.5 million) for its second quarter to the end of June. This followed an 18.7 per cent rise in other income to $5.68 million and reduced interest and administrative expenses. Revenue slipped 1.5 per cent to $147.57 million. Its higher […]
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