Topic
56 stories in this topic
The US Wendy’s burgers brand is heading to Australia and is on the hunt for a master franchisee. The iconic brand is reportedly the world’s third largest quick service restaurant burger chain, with about 7000 outlets worldwide. Founder Dave Thomas opened the…
US burger chain Shake Shack is ramping up its Southeast Asia expansion with its upcoming Thai debut in partnership with Hong Kong-based licensee, Maxim’s Caterers. Thailand’s first Shake Shack location, which will also be a flagship store, is expected to open…
Private equity firm Affinity Equity Partners is this week launching the sale of its Burger King fast-food businesses in South Korea and Japan, in a deal that could fetch more than US$1 billion, a person with knowledge of the matter told Reuters. Hong…
Beyond Meat has launched an online store in China on e-commerce platform JD, as the plant-based meat maker aims to boost sales in the world’s biggest meat market, where consumer interest in meat alternatives is low. US-based Beyond Meat said the JD store will…
American fast-food chain Popeyes said it is to withdraw business from South Korea, however, the local franchisee TS Corporation has denied the report. According to The Korea Times, reports of the exit began when a memo was written by a Popeyes’ employee…
Burger King has unveiled a new ‘touchless’ concept store, designed to meet the challenges of business during a pandemic and adapt to the future “new normal”. The US store features physically contactless experiences such as mobile ordering and curbside pick-up…
Destination Group is to introduce a new burger joint Boom Boom Burger, as part of a broader expansion plan in Thailand. Located at Sukhumvit Bangkok, the first Boom Boom Burger store is scheduled to open on Tuesday (September 1). Besides the burger,…
Fatburger’s parent, Fat Brands, is to acquire the US restaurant chain Johnny Rockets. The acquisition, worth about US$25 million, is expected to be completed this September. Founded in 1986, Johnny Rockets is known for its 1950s diner-style decor, serving…
A slice of KFC Thailand is being considered for sale by franchise owner Restaurants Development in a deal that could net $200 million. Sourcing people with knowledge of the matter, the firm is taking advice on a potential sale of the operation – which…
American fast-casual restaurant chain Shake Shack is planning to open at least 15 new venues in South China by 2030. The chain, working through local licensee Maxim’s Caterers, a company controlled by Hong Kong’s Dairy Farm Group, will open restaurants in…
Newly released McDonald’s sales figures have shown a marked global improvement for the business sequentially from late March through May despite the continuing impact of the coronavirus pandemic. The information released ahead of the firm’s second-quarter…
Yum China has entered into a partnership with plant-based meat manufacturer Beyond Meat to trial a burger at selected KFC, Pizza Hut, and Taco Bell locations within the country. The agreement marks the introduction of Beyond Meat’s Beyond Burger in Mainland…
SPC Group, operator of Shake Shack in South Korea, is bringing Eggslut, the California-based egg sandwich chain, to Seoul. The group has acquired the rights to exclusively operate in South Korea and Singapore. The first Korean Eggslut store will be launched…
A Jollibee Singapore outlet is among several businesses fined SG$1000 for breaches of the government’s social distancing mandate. Official enforcement measures found the franchise’s Woodlands MRT branch had neglected to ensure queueing customers and food…
The first MOS Burger store in the Philippines opened this week, on the second floor of Robinsons Galleria, Ortigas Center. MOS Food Services Inc chairman Atsushi Sakurada said the store is just one of many branches planned for Metro Manila this year. MOS…
Mos Burger in Vietnam will open its first store in Ho Chi Minh City later this year. The company plans to set up a joint venture in the country next month and open 10 outlets in the next three years. Last October, Mos Burger partnered with Danang Tourism…
