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Yum China, operating KFC and Pizza Hut in China, is strategically planning to double its store count within the next six years. This ambitious plan is built on the company’s consistent growth record and the vast untapped potential of the Chinese consumer…
The third fiscal quarter has proven to be a successful one for Miniso, as their sales growth exceeded initial projections. The company’s expansion strategies have also reached a pivotal point. For the third fiscal quarter, which concluded on September 30, the…
In the third quarter, China’s Luckin Coffee Inc. experienced a significant revenue boost, supported by an impressive number of new store openings. The chain saw its total net revenue surge by 50.2% year-on-year to RMB15.287 billion (US$2.14 billion) by the…
Gong Cha, a leading global bubble tea brand, has recently launched its first concept store in Thailand. The new establishment is a result of a collaboration with Perfect Step, a local master franchisee and a subsidiary of Thai Outdoor Group. Strategic…
Yum China, operating franchises such as KFC, Pizza Hut, and additional dining brands, has disclosed a stable growth in its third-quarter financial results, citing robust digital and delivery sales as primary contributing factors. These assets served to…
Once a beloved destination for dessert lovers, Singapore’s bakery cafe chain, Twelve Cupcakes, has entered a temporary state of liquidation. This unfortunate circumstance has led to the immediate closure of all its 20 establishments and the termination of…
In the face of global uncertainty, Australians in Sydney have been flocking to buy gold, a traditionally regarded safe-haven investment. Long queues have formed outside gold bullion stores as people patiently wait their turn to secure this precious metal.…
Reliance Retail has expanded its network in India by opening over 600 dark stores. These new outlets are in support of the company’s rapidly growing quick commerce service called JioMart, which boasts a delivery promise of under 30 minutes. What are Dark…
In the realm of physical retail, innovative and creative designs have a significant influence on the shopping experience. Among the noteworthy brick-and-mortar stores promoting such inventive designs are Farm Rio, Manière de Voir, Crocs, Huckberry, H&M, Todd…
Zen Diamond, a worldwide jewellery retailer, has broadened its reach in India by inaugurating two additional stores in Bengaluru. This decision follows the brand’s successful introduction in Mumbai in the previous year. Expansion into South India Zen…
Saizeriya, a Japanese-owned Italian restaurant chain, has unveiled an ambitious plan to double its presence in China from its current footprint to approximately 1,000 outlets by the year 2035. Expansion Strategies and Local Production In order to facilitate…
FamilyMart, a renowned convenience store chain, is stepping up its growth strategy in Taiwan. The company has announced plans to inaugurate 100 new outlets this year, a significant step towards their long-term objective of establishing 5000 stores by 2029.…
With the rapid evolution of retail landscapes in Asia, understanding current trends is more critical than ever for industry players. The momentum generated by shifting shopping behaviors continues to challenge traditional models, sparking innovation across…
Chinese athletic apparel corporation, Anta Group, recently announced its ambitious strategy to establish 1000 retail outlets in Southeast Asia within a span of three years. Anta Group currently manages a portfolio of nearly 13,000 stores, more than 200 of…
Books-A-Million, a prominent US bookstore retailer, is set to collaborate with Pop Mart to make their beloved characters accessible to fans nationwide. The partnership is scheduled to commence in September. It will be launched throughout all retail locations…
Anta Group, a Chinese sportswear company, has announced its goal to reach a total of 1,000 stores in Southeast Asia within the next three years. Currently, the group operates almost 13,000 stores globally, including more than 200 in Southeast Asia. These…
