Tag
19 stories in this topic
In the last year, an unprecedented influx of Chinese restaurants and cafes has made their mark in Singapore. These establishments view the island as an ideal launchpad for their global expansion plans, largely spurred by lackluster consumer demand, fierce…
For the fifth time in a row, Aldi has been named Supermarket of the Year 2024 in Roy Morgan’s Customer Satisfaction Awards. The supermarket has won this title eight times. The ratings are calculated from an annual survey of 60,000 Australians and cover 40…
At the beginning of this month, some Facebook users received an email from the company to enable Facebook Protect for their accounts. However, many people seem to have ignored the email, as some generally thought it was just spam, in failing to activate…
The Federal Trade Commission (FTC) has been trying to break up Meta for quite some time now, due to alleged anti-competitive practices the company did: pretty much, the act of buying rising possible competitors Instagram and WhatsApp has been considered as…
Recapping everything that’s been released from the beginning of the year, Messenger revealed a couple of surprises that haven’t yet been implemented. One of these surprises is a sneak peek at the bill splitting feature that Messenger will be testing in the…
The spread of Covid-19 is forcing Southeast Asian consumers to change their eating habits and embrace new shopping practices, says Mintel Apac food-and-drink analyst Tan Heng Hong. Given today’s consumer climate, food and drink categories with strong immunity…
McDonald’s customers in China can now earn loyalty points when they order a Big Mac or Filet-o-Fish through Ele.me, Alibaba Group’s on-demand delivery platform. Ele.me users can activate a McDonald’s membership card with just one click on the app to earn…
Singapore-based online food store Grain has raised US$10 million in series B funding. The cash will be used to accelerate growth in Singapore, and expand into Thailand. To do that, the company will be cooperating with Thailand’s Boonrawd Brewery group’s…
Entrepreneur Amelia Fransisca has been appointed master franchise holder for Khun Thai Tea Indonesia. Fransisca, who has a 10-year tenure in the foodservice industry, said she chose Khun Thai Tea for its novel, fresh taste despite its low sugar content…
South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million. The company purchased the brand four years ago for KRW34 billion ($30 million), before taking over its global…
Shopping malls are now allocating a higher percentage of their tenant mix (more space) to food & beverage (F&B) retailers, partly because competition from online platforms has impacted other types of retailers such as fashion, according to a market research…
Changi Airport Group (CAG) is seeking partners for four brand name restaurant concessions at Singapore Changi Airport Terminal 3 through a Direct Marketing Exercise. The units are located in the Departures Check-In Hall, Level 3 and are each around 190sq m in…
Budget carrier AirAsia will introduce an electronic point of sales (ePos) system in the next eight months to allow passengers to make food and beverage (F & B) orders and payments online during flights. AirAsia group chief executive officer Tan Sri Tony…
Singtel has announced a new initiative with the two Singapore-based polytechnics — Nanyang Polytechnic (NYP) and Singapore Polytechnic (SP) — in Singapore to help F&B and retail businesses go digital. First, it will collaborate with the NYP – Singapore…
The EU demands Indonesia to ease trade barriers in the food and beverage (F&B) sector to give European producers more access to Southeast Asia’s largest market, an official representing the world’s largest trading bloc has said. EU Commissioner of Agriculture…
Romanian angus beef, fresh milk from Poland and organic apples from Italy. Singaporeans, known for their love for good food, may soon find these together with other quality European food and beverage products at a store near them. Discussions on ways to make…
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.