Tag
58 stories in this topic
The fast-food landscape in China is witnessing a dramatic shift as the burger market, once a niche segment ruled by Western giants like McDonald’s and KFC, is now attracting everyone from multinational restaurant chains to local hotpot outlets and coffee…
Chinese hotpot giant Haidilao is making another attempt to break into the burger industry with its new venture, Fresh Burger, while simultaneously growing its budding sushi brand, Nyoisushi. This diversification comes as the company’s main business…
Burger King, the renowned American fast food titan, has shuttered all its outlets in Hanoi, marking the end of over a decade-long presence in the city and simultaneously narrowing its footprint in Ho Chi Minh City. Shutting Down Operations Imex Pan Pacific…
Woolworths New Zealand recently conducted a drive-thru experiment in a supermarket parking lot to promote its new line of beef burger patties. The event, which occurred from January 26 to 28 at Woolworths Pukekohe South, underscored the importance of…
Private equity firm Everstone is set to sell its entire stake, amounting to 11.26 per cent, in Restaurant Brands Asia, a franchisee operating in India and Indonesia for fast-food giant Burger King. Those familiar with the matter have confirmed that the deal…
Yum China, recognized as the chief operator of Pizza Hut on the Chinese mainland, has recently launched two independent V Burger locations in Futian and Longhua districts in Shenzhen. This move establishes the brand’s inaugural foray into the dedicated burger…
Gordon Ramsay, the renowned chef, has introduced his popular street burger concept in Thailand, with the first outlet opening at Nextopia in Siam Paragon. This venture is in collaboration with Tanachira Group. Ramsay’s Casual Street-Dining Concept The newly…
Popeyes Singapore recently halted the sale of its limited-edition Poppy Fish Burger throughout all its branches following an incident where a customer found mold on her burger bun at the Orchard Xchange outlet. This occurrence has led to a comprehensive…
Goldman Sachs is reportedly in exclusive negotiations to acquire the Japan operations of Burger King from Hong Kong-based private equity firm, Affinity Equity Partners. The transaction is speculated to be worth around 70 billion yen (approximately US$452…
Restaurant Brands International (RBI) has recently confirmed a $350 million investment deal toward their Burger King China operation via a newly formed partnership with Chinese alternative asset manager, CPE. With a well-established reputation for scaling…
MrBeast Burger, a unique restaurant brand that operates solely through delivery services and was born out of a YouTube sensation, has made its debut in Singapore. The Debut The restaurant’s inaugural virtual spot in Singapore is launched in collaboration with…
The South Korea-based conglomerate, Hanwha Group, is reported to be contemplating the sale of FG Korea, the operator of the American burger franchise Five Guys in South Korea. FG Korea and Hanwha Group FG Korea functions as a fully-owned subsidiary of Hanwha…
Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about US$158 million, giving it nearly total ownership of the business. The fast food chain operator said it would engage its advisors to…
Japanese-style burger chain Niku Niku Oh! Kome – owned by Japanese restaurant chain operator Monogatari Corporation – has launched its first outlet in Hong Kong as part of its broader expansion across Asia. Located in Sha Tin, the restaurant has 40 bar seats…
Wendy’s Philippines and Conti’s Bakeshop, run by Filippino businessman Dennis Uy, have been sold to a local entrepreneur. Uy has decided to sell his Eight8Ate Holdings company, which operates the two chains, to Crystal Jacinto. The sale comes after the…
Korean burger and chicken fast food chain Mom’s Touch is set to open its first directly managed Japanese store in Shibuya, Tokyo. Scheduled to open on April 16, the new 418 sqm Shibuya store will sit in a location that used to be occupied by McDonald’s and…
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.