Don't Miss:
27. April 2024
ABOUTADVERTISE CONTACT
   

Tag: lunch

Retail Asia11/08/2023
Musang-King-Durian-Cake-1280x928.webp
Food

Musang King durian moon cake prices up 10%

2min0
Musang King durian moon cake prices, made with the popular durian variety originally from Malaysia, have increased by 2-10% year-on-year in Vietnam. Their cost ranges between VND900,000 ($37.90) to VND1.7 million per box. Last year, the most expensive product sold for around VND1.5 million. Hoang Anh, a moon cake vendor in Ho Chi Minh City’s […]
CONTINUE READING
Retail Asia18/07/2023
rice-paddy-vietnam.png
Food

Rice export prices reach 10-year high

5min0
The global decline of the rice supply and the impact of El Nino climate pattern have led to a sharp increase in the price of rice for export. Latest data from General Department of Vietnam Customs shows that in the first half of the year, rice exports reached more than 4.2 million tons and are […]
CONTINUE READING
Retail Asia23/02/2023
fish-processing-vietnam-1280x960.jpg
Food

China begins large purchase of Vietnamese tra fish

2min0
A Chinese trader has imported 500 containers of tra fish weighing 12,000 tonnes from Vietnam right after China lifted its zero-Covid policy, showing a positive signal for the sector this year. China is the second biggest importer of Vietnamese tra fish, after the U.S. Last year, Chinese traders bought nearly 300,000 tonnes of the fish […]
CONTINUE READING
Retail Asia17/02/2023
Zensho-1280x1076.jpeg
Food

Japanese restaurant chain Zensho to buy Lotteria Japan

2min0
Sukiya beef bowl chain’s operator, Zensho Holdings, is to acquire burger franchise Lotteria Japan from Lotte Holdings for an undisclosed sum. The deal is expected to be completed on April 1. Entering Japan in 1972 with the first store opened in Tokyo’s Nihonbashi, Lotteria had 358 stores across the country as of January 1. Zensho […]
CONTINUE READING
Retail Asia25/08/2022
VIETNAM-seafood-export.png
Food

Leading seafood firm to issue 1:1 bonus

1min0
Major listed seafood exporter Minh Phu Seafood JSC is set to issue bonus shares at a ratio of 1:1. It is expected to be done this year by capitalizing reserves, and will double the company’s charter capital to VND4 trillion (US$170.9 million). Minh Phu also plans to pay a cash dividend of VND2,300 per share. […]
CONTINUE READING
Retail Asia08/11/2021
Haidilao.jpeg
Food

Haidilao to close 300 restaurants as Covid curbs eating out

5min0
China’s biggest hot pot chain Haidilao is slowing its rollout of new restaurants and increasing diversification of its fare, tempering its rapid expansion during the coronavirus pandemic to cope with a subsequent slump in consumer spending. Haidilao, which became so popular in recent years that it appeased customers in hours-long queues for its soups by providing […]
CONTINUE READING
Retail Asia27/07/2021
vietnam-seafood-export.jpg
Food

Seafood firms net big catch from export recovery

3min0
A seafood export recovery has helped bigger firms boost profits while smaller ones have struggled with the spike in shipping rates. Seafood exports topped $4 billion in H1, a year-on-year increase of 15 percent, according to the General Department of Vietnam Customs. In Q2 particularly, seafood export turnover increased by more than 21 percent over […]
CONTINUE READING
Retail Asia25/01/2021
Paris-Baguette-1024x576.jpg
Food

Paris Baguette opens its largest Singapore store

3min0
Best known for its Paris Baguette bakery franchise, SPC Group has opened four food brand stores in Singapore. The group is planning to make Singapore as its third axis of global growth after China and the United States. The group opened the new stores at Jewel Changi, a commercial complex connected to Changi Airport in Singapore, on April […]
CONTINUE READING
Retail Asia22/10/2020
jollibee-1-1024x765.jpg
Food

Jollibee increases stake in Tim Ho Wan

2min0
Despite uncertainties in the food industry due to the coronavirus pandemic, Jollibee Foods Corporation is increasing its stake in the ultimate holding entity of popular restaurant chain Tim Ho Wan. Through its subsidiary Jollibee Worldwide, it increased its stake in the Michelin-starred restaurant to 85% from 60% by purchasing the 25% interest of Aragon Investments in Titan Dining, […]
CONTINUE READING
Retail Asia24/07/2020
101830694-macau-skyline.1910x1000-1024x536.jpg
Food

Locals help rebooting Macau retail and restaurant activity

1min0
Supportive measures for the Macau retail and restaurant trade resulted in a mild improvement in business during May, according to official data. According to a Statistics and Census Service report, 17 percent of restaurants surveyed in the special administrative region recorded a year-on-year increase in revenue during the period, 12-per-cent higher than those reporting increases […]
CONTINUE READING
Retail Asia13/07/2020
KFC-Japan-1024x684.jpg
Food

KFC Thailand for sale

1min0
A slice of KFC Thailand is being considered for sale by franchise owner Restaurants Development in a deal that could net $200 million. Sourcing people with knowledge of the matter, the firm is taking advice on a potential sale of the operation – which involves roughly 200 locations and 4000 staff. There is no certainty […]
CONTINUE READING
Retail Asia08/07/2020
meal-1024x682.jpg
Food

QSR chain Pepper Lunch sold to J-Star

3min0
Japanese restaurant operator Pepper Food Service is selling its profitable Pepper Lunch chain to J-Star investment fund for US$79 million. The sale is expected to provide a much-needed cash injection to the debt-ridden Pepper Food business in the hopes of restoring investor confidence in the firm, which also operates the struggling Ikinari Steak brand. Pepper […]
CONTINUE READING
Retail Asia03/07/2020
Shake-Shack-1024x682.jpg
Food

Maxim set to open 15 Shake Shacks in Southern China

2min0
American fast-casual restaurant chain Shake Shack is planning to open at least 15 new venues in South China by 2030. The chain, working through local licensee Maxim’s Caterers, a company controlled by Hong Kong’s Dairy Farm Group, will open restaurants in cities including Shenzhen, Guangzhou, Fuzhou, and Xiamen, with a goal of 55 Shake Shacks […]
CONTINUE READING
Retail Asia29/06/2020
tfs-robot.jpg
Food

Country Garden builds world-first robotic restaurant

2min0
Chinese property-development company Country Garden has launched the world’s first robotic restaurant, in Guangdong. Built by Country Garden’s subsidiary Qianxi Group, the restaurant occupies a 2000sqm area, featuring sections including Chinese food, hot pot and fast food. Diners are served by more than 20 in-house robots designed for different tasks including cooking and serving food. […]
CONTINUE READING
Retail Asia29/06/2020
singapore.jpg
Startups

Singapore startup opening ghost kitchens globally

4min0
Singaporean food tech firm TiffinLabs is creating an international network of ghost kitchens based in more than 1000 locations across the US, Europe and Asia. The move is designed to take advantage of the rapid global transformation and growth of the online food-delivery market, with the kitchens rolling out progressively from the last quarter of […]
CONTINUE READING

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X