First Lotteria store in Singapore to launch next year
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The first store of South Korea’s famous fast food chain Lotteria in Singapore is set to be opened in the second quarter next year.
Food and beverage company Katrina Group has inked a non-binding term sheet with a restaurant business of Lotte Group to bring the chain to the city-state, it said in a news release Wednesday.
Established in 1979, Lotteria specializes in hamburgers, fried chicken, and fries, and currently operates 1,600 outlets across seven countries, including Vietnam, Cambodia, and Myanmar.
“Given the brand’s massive popularity in South Korea and its emphasis on quality, innovation and customer satisfaction, we are confident that Lotteria will resonate with Singaporeans and further enhance our F&B portfolio,” said Alan Goh, CEO and founder of Katrina Group.
Katrina Group operates seven food and beverage brands in Singapore, including Bali Thai, Daily Chicken, and Vietnamese-style noodles chain So Pho.
Earlier this month U.S. chicken sandwich chain Chick-fil-A announced plans to launch its first Singapore restaurant late next year as part of its US$75 million investment to enter Asia.
Questions & Answers
Q.Which company is responsible for bringing Lotteria to Singapore?
Which company is responsible for bringing Lotteria to Singapore?
Food and beverage company Katrina Group has signed a non-binding term sheet with a restaurant business of Lotte Group. This agreement is what will bring the Lotteria chain to the city-state.
Q.What kind of food does Lotteria primarily offer?
What kind of food does Lotteria primarily offer?
Lotteria specialises in classic fast food items, including hamburgers, fried chicken, and fries. The chain was established in 1979 and is well-known for these offerings.
Q.When is the first Lotteria store expected to open in Singapore?
When is the first Lotteria store expected to open in Singapore?
The first Lotteria store in Singapore is scheduled to open during the second quarter of next year. This will mark its entry into the Singaporean market.
Q.What other restaurant chains does Katrina Group operate in Singapore?
What other restaurant chains does Katrina Group operate in Singapore?
Katrina Group manages seven different food and beverage brands within Singapore. These include Bali Thai, Daily Chicken, and the Vietnamese-style noodles chain, So Pho.
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