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UK-based bakery company, Bread Ahead, has initiated its Asian expansion strategy with the inauguration of its first outlet in Thailand, located in Siam Paragon, on May 30. This marks a significant milestone for the brand as it looks to expand its footprint in…
In response to escalating prices in bakery franchises, that can exceed 10,000 won for just a few items, South Korean consumers are progressively seeking out more affordable private label (PB) bread. These are readily available in convenience stores and large…
Coles has launched a new range of low-carb bread after the demand for calorie-conscious bread surged this year. Priced at $4.80 a loaf, Coles 85 percent Lower Carb Loaf contains 21 grams of protein and 8.5 grams of fiber per serve, as well as being…
SPC Group is launching the Paris Baguette bakery franchise in Cambodia, opening the first branch in the country‘s capital city, the company said Wednesday. According to SPC Group, the Korean firm behind bakery brand Paris Baguette, it forged ties with…
Fast-food chain Subway Australia has unveiled a 24 hours express pick-up service in Bald Hills, Brisbane, ahead of a broader national rollout. Customers can order their foods via the app or using a third-party provider and collect their purchases at an…
BreadTalk is launching a cafe chain concept called Butter Bean in Singapore, with the first outlet opening at Funan Mall. Centred around the traditional Singaporean Nanyang coffee concept, Butter Bean offers a menu of coffee-based beverages and reimagined…
Singaporean bakery and restaurant operator BreadTalk is to be delisted from the Singapore stock exchange tomorrow (June 5) following its mandatory acquisition by BTG Holding. The firm applied to delist from the exchange following the suspension of trading on…
A small group of key Breadtalk Group stakeholders, including founder and chairman Dr George Quek, have offered to acquire all the ordinary shares in the firm and delist the company. The group, including Quek’s wife Katherine Lee and existing shareholder Minor…
Macau souvenir bakery Koi Kei Bakery, known for its peanut brittle and almond biscuits, will be closing its Hong Kong branches in Tsim Tsa Tsui, Causeway Bay and Mong Kok this Saturday, leaving the airport outlet (pictured) its sole remaining store in the…
American ‘submarine sandwich’ chain Blimpie has opened its first store in Singapore, marking its debut in Asia. Located in Tampines, the Blimpie Singapore store offers a menu adapted for halal consumers. In a style similar to Subway, customers can choose a…
BreadTalk Group CEO Henry Chu has resigned, citing “personal and health reasons”. Chu will depart from the helm of the Singapore-headquartered pan-Asian bakery and restaurant business at the year’s end. He will be temporarily replaced by company founder Dr…
Subway has said it could terminate franchisees that fail to meet their financial responsibilities amid an investigation launched by the Fair Work Ombudsman into the underpayment of its workers. The sandwich retailer said franchisees are required to meet…
Expansion-related costs saw Singapore-listed BreadTalk Group’s quarterly profit more than halve despite rising sales. According to a stock-exchange filing, net profit was down by 57.9 percent to S$1.02 million for the June quarter, but sales rose 9.8 percent…
The CEO of embattled food retailer Dean & DeLuca is promising a massive store rollout in Asia at the same time as unpaid suppliers suspend deliveries to the brand’s remaining US stores. Sorapoj Techakraisri, CEO of Dean & DeLuca’s Thai owner Pace Development,…
Singapore’s BreadTalk Group has reported a year-on-year revenue increase of 6.1 percent to S$157.6 million (US$115.56 million) for its first financial quarter this year. The group’s net profit increased by 11.5 percent to $1.3 million over the period. Sales…
Malaysian bakery Lavender is opening at Jewel Changi in Singapore this week. Set to open on Thursday (April 11), the store will sell Lavender’s buns, French-style choux cream puffs, and house-made pandan kaya. Located next to the 40m-high Rain Vortex…
