Grocery, F&B chains and the changing appetites of Asian consumers.
American quick-service restaurant (QSR) brand KFC plans to become the largest QSR chain in the country and expects to have over 500 outlets by end-2015. The company has just launched its “Flaming Crunch Chicken,” which has been spiced using the ‘BhutJolokia’…
As McDonald’s Japan struggles to repair its image, tarnished from last year’s expired meat scandal, two new incidents related to its Chicken McNuggets surfaced in restaurants in Japan in the last week, a company spokeswoman admitted Tuesday. She said a piece…
Philippine fastfood giant Jollibee Foods Corporation (JFC) and its partner, Asian investment firm RRJ Capital Master Fund II LP, have sealed the deal with Dunkin Donuts Franchising LLC to operate Dunkin’ Donut stores in China. In a disclosure to the…
Garrett Popcorn has opened its second store in Hong Kong at the Festival Walm Mall in Kowloon Tong. Lance Chody, Chairman and CEO of Garrett Popcorn Shops, said the shop complements its first store located at the IFC Mall shop. “We like to say that Garrett…
Motorists in Australia have celebrated cheaper petrol prices by going shopping. Pump prices have fallen to the lowest point in four years, giving consumers something to be cheerful about following a run of bad economic news. The Australian Retailers…
Singapore-listed Sheng Siong Group has signed a conditional joint-venture (JV) agreement with Kunming LuChen Group Co Ltd to operate supermarkets in China. Under the conditional agreement, the proposed JV company will be incorporated under the laws of China…
Retailers in Australia were delighted by a strong turnout of shoppers on Boxing Day, giving analysts further reason to suspect a turnaround in consumer sentiment. Myer executive general manager stores, Tony Sutton, said the crowd through the doors at the…
The franchise holder of the Kentucky Fried Chicken (KFC) brand in Indonesia, PT Fast Food Indonesia (FAST), plans to open between 60 and 65 new outlets in and outside Java to tap into the country’s growing food retail market. FAST business development general…
When Phil Clarke was sacked as Tesco’s CEO, senior executives hoped his 0700 strategy meetings would go with him. They did – new boss Dave Lewis starts his at 0630. Parachuted in from Unilever in September, Lewis soon faced the task of making the shock…
Matahari Putra Prima, the operator of the supermarket chain Hypermart, is setting aside up to IDR882 billion (USD71 million) to beef up its retail network next year in another sign of confidence for the country’s burgeoning middle class. Danny Kojongian, a…
US hamburger chain operator CKE Restaurants Holdings Inc. said on Friday it will open a Carl’s Jr. outlet in Tokyo next year before a nationwide rollout that will represent its second stab at the Japanese market since 1989. Its local partner will be…
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