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01. May 2024
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Tag: Restaurant

Retail Asia22/01/2020
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Food

Japanese restaurant group Skylark to end 24-hour trading

1min0
Japanese corporate restaurateur Skylark Holdings says it will discontinue 24-hour trading of 150 stores by April. Skylark, one of Japan’s largest family-owned restaurant operators, owns the Jonathan’s and Gusto chains, among other brands. It launched 24-hour trading in 1972 and according to the company, about 10 percent of its daily revenue comes in between midnight […]
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Retail Asia20/01/2020
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Food

Hong Kong restaurants bounce back in final quarter of 2019

3min0
Hong Kong restaurants appear to have shrugged off the worst of the impact from the city’s social unrest in the final quarter of last year, According to food-delivery service Deliveroo’s second Restaurant Confidence Index, a quarterly survey of restaurant partners that details F&B trends in Hong Kong, eateries in the territory are seeing increased revenue […]
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Retail Asia17/01/2020
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Food

Yum China prepares to list in Hong Kong

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 […]
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Retail Asia09/01/2020
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Fashion

Putien opens first outlet in the Philippines

1min0
Singaporean Michelin-starred restaurant Putien has opened its first eatery in the Philippines. The Cantonese/Fujianese-style brand has been introduced to the territory by The Vikings Group and opens in The Podium in Ortigas as its 67th location internationally. “Putien serves characteristically light, down-to-earth, and flavourful food, with an emphasis on fresh ingredients,” the restaurant’s founder and […]
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Retail Asia19/12/2019
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Food

Shinsegae’s No Brand Burger stores dominating Korean market

3min0
The No Brand Burger from Shinsegae Food, the food manufacturing arm of South Korean retail giant Shinsegae, are dominating the South Korean hamburger market. Analysts say that Shinsegae’s cost-effectiveness strategy for its new No Brand Burger restaurants is behind such growth. The company managed to lower the price by more than 1000 won (US$0.84) compared […]
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Retail Asia16/12/2019
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Food

American diner chain Chili’s makes Vietnam debut

3min0
American diner chain Chili’s Grill & Bar has opened its first Vietnam store in Saigon, looking to tap the country’s growing middle-class market. The restaurant, located in SV VivoCity mall in District 7, was launched in Vietnam as a part of the Golden Gate Restaurant Group, an operator of over 20 restaurant chains in the […]
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Retail Asia11/12/2019
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Food

Shake Shack to double down in Singapore, Philippines

2min0
Fast-food chain Shake Shack has announced new outlets in Singapore and Manila after enjoying early success with its debut stores in the two Southeast Asian cities. In Singapore, the US fast-food chain is bringing what it describes as its “design-driven restaurant” concept to Singapore’s CBD next year after its successful debut at Jewel Changi shopping […]
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Retail Asia20/11/2019
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Food

Taco Bell launches another outlet in Auckland

3min0
The first New Zealand Taco Bell store has opened in The Brickworks at New Lynn’s LynnMall, bringing the Mexican-inspired fast-food chain to local shores. Launching on Tuesday, the store features a mural paying homage to west Auckland designed in collaboration with local artist Natasha Vermeulen, and design agency Stanley St. General manager for Taco Bell […]
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Retail Asia15/11/2019
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Food

Hong Kong restaurant sales fall as protests deter diners

2min0
Hong Kong restaurant sales slumped by 11.7 percent in the third quarter as protests deterred foreign visitors and locals dined in more often. The value of receipts was provisionally estimated at HK$26.4 billion (US$3.37 billion), and the value of purchases by restaurants decreased by 10.9 percent to HK$8.5 billion ($1.086 billion). After netting out the […]
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Retail Asia05/11/2019
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Food

Fat Tiger expands with 1,000 more stores across India

1min0
Keventers milkshake-brand owner Sohrab Sitaram has launched Fat Tiger, a tea shop and dim sum franchise in India’s Delhi, Chandigarh, Ludhiana and Karnal. Sitaram says Fat Tiger introduces popular international flavors to the territory as well as a mid-market dim sum offering in a market where the cuisine is only associated with either street food […]
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Retail Asia05/11/2019
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Food

Giant Vietnam restaurant chain Mon Hue shuts down

4min0
Vietnam restaurant chain Mon Hue has closed down without notice, evidently unable to pay its debt. Restaurants under the Mon Hue brand along with sister chains including Pho Ong Hung and 99 House of Pho, have been shuttered and the company’s websites and social media channels have been switched off. Many of the abandoned stores […]
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Retail Asia01/11/2019
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Food

Jollibee is expanding in the UK with more outlets

2min0
Filipino fast-food chain Jollibee is set to open its second UK restaurant, in Liverpool. Bee World UK, part of the Jollibee Foods Corporation, has already submitted a plan to transform a Lush store on Whitechapel into its flagship restaurant in the northwest England city. The expansion comes after the successful opening of its first UK […]
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Retail Asia31/10/2019
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Food

Burger King APAC opens 3,000th restaurant

1min0
The Burger King Asia-Pacific network has reached a milestone, the 3000th restaurant which just opened in Shanghai. The new restaurant in China is a joint venture owned by Burger King, TFI TAB Food Investments and Cartesian Capital. “We have served the Asia-Pacific market for more than 40 years, and have grown rapidly in the region […]
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Retail Asia22/10/2019
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Food

Habit Burger Grill Opens in Korea

2min0
America’s Habit Burger Grill is eyeing South Korea expansion in partnership with consulting firm Bridging Culture Worldwide. “South Korea, with its savvy consumers, open-minded culture and interest in global brands is an ideal marketplace for The Habit Burger Grill’s expansion,” said John Phillips, chief global business partnership officer at the company. He said Habit Burger […]
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Retail Asia21/10/2019
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Food

Shake Shack openening second store in Philippines soon

1min0
Shake Shack is launching its second Philippines outlet at the Mega Fashion Hall at SM Megamall. The restaurant is expected to open before the end of the year, with construction on the new venue already underway following a board up made by artist Kris Abrigo, which features a “reimagined Ortigas skyline showcasing gradient colours as […]
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Retail Asia07/10/2019
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Food

Mad Mex plans five-country Asian restaurant rollout

3min0
Australian Mexican restaurant chain Mad Mex plans to expand into Asia, starting with its first Singapore restaurant this month. An inaugural Malaysian store is on track to open in December, and Indonesia and Thailand are also on the list. Mad Mex, which recently partnered with Singapore’s 4Fingers group, runs 70 restaurants in Australia and New […]
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Retail Asia24/09/2019
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Food

Thailand’s MK Group buys into seafood restaurant chain

1min0
Thailand’s MK Restaurant Group will purchase a 65 per cent shareholding in the Lam Charoen Seafood chain. The 40-year-old restaurant brand, which has 26 branches across Thailand, will sell for THB2.06 billion (US$67.13 million), according to an announcement posted to the Thai stock exchange last Friday. The acquisition, which will most likely close by December, […]
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