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Tag: restaurants

Retail Asia18/03/2019
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Food

Finaccess takeover of Restaurant Brands

2min0
Investment firm Finaccess’ takeover bid for quick-service group Restaurant Brands has been declared unconditional, with the firm accumulating 61.73 per cent of shares in the business. While the firm’s offer specifies it is seeking 75 per cent of shares in the business, it was able to declare the offer unconditional should it reach over 50 […]
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Retail Asia12/03/2019
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Food

Thailand’s Zen Corporation completes IPO

1min0
Thai restaurant operator Zen Corporation secured THB975 million (US$31.35 million) via an IPO issued last Wednesday. The firm sold all 75 million shares on offer, representing 25 per cent of its registered capital, at THB13 each. Its stock price grew 17.69 per cent over the course of its trading debut, as strong demand pushed the […]
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Retail Asia06/03/2019
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General

New retail stores to open at Changi Airport

1min0
Changi Airport has added new restaurants and stores to its retail offer. In the transit area, Irvin’s Salted Egg has opened a kiosk at Terminal 1. In the public areas, new eateries have opened at Terminal 3’s basement 2 including three by the Pezzo Group: Crave, Coffee Boy and Stuff’d. Mr Teh Tarik Express and […]
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Retail Asia06/12/2018
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Food

Thai’s The Lobster Lab expands to China

1min0
Thai restaurant concept The Lobster Lab has opened its first outlet in Shanghai. The restaurant, operated by Bangkok-based Thai Union Group opened inside one of Alibaba’s Hema supermarkets last month. It serves lobster rolls, seafood chowder and some western dishes. The concept is based on Thai Union’s King Oscar brand, a dine-in and takeout restaurant […]
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Retail Asia13/11/2018
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Food

Wagyumafia launches in Hong Kong

1min0
Japanese restaurant chain Wagyumafia is set to open in Hong Kong’s Wan Chai. It will be the franchise’s first international location since launching two years ago. Wagyumafia is known for its premium beef and members-only business model. The brand has gone through an extended promotion under co-founder Hisato Hamada, who has hosted pop-up events for […]
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Retail Asia08/11/2018
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Food

Which are Vietnam’s most successful coffee chains?

3min0
Highlands Coffee reported sales of VND1.24 trillion ($53.23 million) last year making it Vietnam’s largest coffee chain in terms of revenues. The figure was four times that of Phuc Long’s, eight times that of The Coffee House’s and thrice that of Starbucks’. Founded in 2002 by a Vietnamese-American and sold to Philippine fast food giant […]
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Retail Asia07/11/2018
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Food

Denny’s to open 20 more stores in Philippines

1min0
Family dining chain Denny’s is poised to expand its operations in the Philippines. The move has involved an amendment to its development agreement with The Bistro Group, which became a franchisee three years ago. Bistro operates six Denny’s Philippines restaurants in the territory, which will be expanded by an additional 20 locations. Denny’s president and […]
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Retail Asia06/11/2018
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Food

Swiggy India expands services in 16 new cities

2min0
Food ordering and delivery platform Swiggy Thursday said it has expanded its presence in the country by launching services in sixteen new cities across India. The new cities include Thrissur, Tirupur, Warangal, Aurangabad, Agra, Mangalore, Manipal, Jalandhar, Trichy, Udaipur, Amritsar, Varanasi, Bhubaneshwar, Vellore, Thiruvananthapuram and Kota, Swiggy said in a statement. These cities join the 28 cities […]
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Retail Asia01/11/2018
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Food

Dunkin’ to be seen as coffee place in future

3min0
Global fast-food chain Dunkin’ plans to reposition itself as a coffee chain – but it will still sell fresh donuts. Just a month after Dunkin’ Donuts unveiled rebranding, including dropping ‘Donuts’ from its name, the company has announced a strategy to put quality coffee at the core of its menu Dunkin’ has previously revealed a […]
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Retail Asia31/10/2018
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Food

Mokutan celebrates grand opening at Empire Prestige in Tsim Sha Tsui

5min0
MOKUTAN, Hong Kong’s latest sleek and contemporary Japanese Izakaya, celebrates grand opening in the vibrant heart of Tsim Sha Tsui at Empire Prestige. An exclusive, hole-in-the-wall gem designed for epicureans in the know, MOKUTAN offers a repertoire of high-quality, seasonal specialties, highlighting three affordable Omakase menus from HK$288. MOKUTAN boasts a design that is reminiscent […]
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Retail Asia30/10/2018
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Food

Uber Eats India, CCD partner for virtual restaurant network

1min0
Food delivery app Uber Eats in partnership with Cafe Coffee Day (CCD) on Friday launched a network of virtual restaurants that will offer more choices of ‘delivery-only’ restaurant brands. The first restaurant brand under this partnership is scheduled to launch in mid-November on Uber Eats app, the company said in a statement. “We are thrilled to partner […]
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Retail Asia25/10/2018
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Food

Ronin Japanese Cuisine (Wanchai) Re-open with Facelfit

4min0
Hong Kong’s contemporary Tabehoudai (all you can eat) Japanese buffet RONIN JAPANESE CUISINE (WANCHAI) is celebrating a new facelift introducing enriched lunch and dinner menus showcasing freshest ingredients and seafood. The restaurant’s quality Tabehoudai dinner, uniquely enjoyed at leisure without time limit from 6:30 pm to 10:30 pm daily, is priced just HK$328 (HK$188 for […]
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Retail Asia19/10/2017
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E-Tailing

Chope funding round secures $18 million

1min0
Restaurant-booking app Chope has secured S$18 million from multiple investors. Led by venture capital firm Square Peg Capital, the investors in the funding round include Moelis Australia, NSI Ventures and SPH Ventures. Chope CEO Arrif Ziaudeen says the funds will be used to improve product, increase staff numbers and enhance customer support. The Singapore-based company […]
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Retail Asia18/10/2017
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Food

Profits soar for Macau restaurants

3min0
Macau restaurants nearly doubled their profits last year, according to a Statistics and Census Service (DSEC) survey, while Chinese outlets saw a rise of more than 200 per cent in gross surplus. Gross surplus grew by 96 per cent year on year for restaurants and similar establishments to MOP258 million (US$32 million), the survey shows. […]
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