Tag: pizza

Retail Asia12/04/2021
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1min0
US pizza chain Papa John’s is launching in Cambodia with 15 restaurants scheduled to open during the next three years. The company opened its flagship store in Phnom Penh last month. “Papa John’s Cambodia team is truly passionate about pizza,” said Peter Xu, Papa John’s Cambodia franchisee. “With our ‘Better ingredients – Better pizza’ promise, […]

Retail Asia24/09/2020
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With over 180 outlets, three popular pizza chains in Vietnam posted double-digit growth last year with combined revenues of over $83 million. American chain Pizza Hut was the revenue leader with VND749 billion ($32.2 million), up 22 percent year-on-year; followed by Thailand-headquartered The Pizza Company, which passed the VND600 billion revenue mark last year, up […]

Retail Asia11/08/2020
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Yum China – the operator of KFC, Pizza Hut, Taco Bell, and local restaurant chains – is reportedly preparing to list on the Hong Kong stock exchange as early as next month. The IPO, should it proceed, is likely to raise as much as US$2 billion, according to Bloomberg, which cited inside sources who asked not […]

Retail Asia17/07/2020
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3min0
A group of senior bondholders to PizzaExpress is in talks to potentially provide new funding in a deal that could see them take over much of the company from owners Hony Capital. Creditors including Cyrus Capital Partners, HIG Capital and Bain Capital Credit have proposed injecting cash into the casual-dining chain in exchange for taking […]

Retail Asia03/03/2020
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2min0
Minor International has boosted its full-year profit by 137 percent, largely due to the consolidation of its recent acquisition, the NH Hotel Group. Fourth-quarter profit of US$119.3 million, represented a 569-per-cent increase year on year, but this included a gain on sale of three hotels in the Maldives. Excluding non-recurring items, profit grew 23 percent […]

Retail Asia30/01/2020
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3min0
Food-delivery sales in Hong Kong soared 20 percent over Lunar New Year week as consumers chose to stay indoors, sheltering from the coronavirus. A spokesperson for Deliveroo told Inside Retail Asia that the Chinese New Year holiday period is usually a busy period for the company, the market leader in food-delivery in the territory. “We […]

Retail Asia17/01/2020
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2min0
Pizza Hut and KFC restaurant operator Yum China is preparing for a second listing in Hong Kong. The US-listed firm is currently working on proceedings with China International Capital and Goldman Sachs to establish a footing closer to its base territory. The listing could take place as early as this year. Bloomberg revealed that the […]

Retail Asia25/11/2019
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2min0
Global Italian restaurant chain Pizza Express may be broken up as its Chinese parent Hony Capital resists attempts to negotiate the restructuring of more than £1.1 billion debt. According to Bloomberg, citing sources who asked not to be identified, investors who own 70 percent of the most senior-ranked bonds in Pizza Express have pledged to […]

Retail Asia01/10/2019
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3min0
Pizza retailer Domino’s has announced a renewable energy strategy that will see it roll-out solar power systems and energy controllers across all Domino’s stores across Australia. The strategy is aiming to reduce Domino’s operational impact on the environment, while reducing energy costs, in partnership with Construction, Supply & Service. Domino’s Australia and New Zealand chief […]

Retail Asia03/09/2019
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6min0
While quick-service retailer Domino’s saw revenue and online sales improve over the year to June 30, net profit fell 4.6 percent to $115.9 million, with growth in Australia and New Zealand softer than anticipated. However, the business’ efforts in Japan and Europe saw international EBITDA improve to $154.5 million – overshadowing the local result of […]

Retail Asia14/08/2019
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3min0
Yum China plans to invest up to US$525 million opening between 800 and 850 new stores in the current financial year. Most of the new stores will be KFC outlets and of its new cafe chain Coffii & Joy. The protections were included in the company’s second-quarter results released overnight, which showed total system sales […]

Retail Asia05/07/2019
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2min0
Domino’s Pizza and Nuro, a robotics company have partnered to bring out an autonomous pizza delivery unmanned vehicle known as the R2. Dominos will use Nuro’s unmanned fleet to serve select Houston Domino’s customers who place orders online. This partnership will expand Nuro’s autonomous delivery operations, which have been running in the Houston metro area […]

Retail Asia27/06/2019
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Shakey’s Pizza Asia Ventures has fully acquired local Philippines restaurant chain Peri-Peri Charcoal Chicken. The firm has also recently signed a memorandum of understanding to buy artisanal pizza brand Project Pie, including all assets and intellectual property. The brand was previously owned by Shakey’s parent firm Century Pacific Group and Singaporean sovereign wealth fund GIC. […]

Retail Asia17/06/2019
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4min0
Domino’s Pizza is taking on one of its customers most common complaints, that the ordered pizza “doesn’t look like it should”, with a nationwide roll-out of its Pizza Checker technology. The technology takes the form of a camera system that grades individual pizzas on certain qualities, such as the topping volume and spread, as well […]

Retail Asia03/06/2019
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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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