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Lindt to open Brisbane chocolate shop
Source: The Sydney Morning Herald Online Swiss chocolate connoisseur Lindt is set to open a shop in Brisbane.Lindt & Sprüngli Australia will open its first Queensland store at the Brisbane...
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Myanmar KFC fans queue for hours for first taste
Source: The Jakarta Post Fried chicken aficionados queued for hours at Myanmar's first KFC restaurant last Tuesday, as the US restaurant chain became the latest big foreign brand to open an outlet in...
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Yum Brands sales fall for 4th straight qtr as China woes continue
Source: CNBC Yum Brands Inc, the owner of Pizza Hut and KFC, reported its fourth straight quarter of falling sales as it struggles to recover from a food scandal in China, a market where the company...
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Coca-Cola aims China expansion, adds 3 new bottling plants
Source: The Coca-Cola Company The Coca-Cola Company on Friday announced in China’s Inner Mongolia the opening and near completion of three new bottling plants in China worth a combined CNY1.6 billion...
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Daniel Boulud to open db Bistro Moderne at Marina Bay Sands, Singapore
Source: Marina Bay Sands Celebrity chef Daniel Boulud is set to open his eponymous db Bistro Moderne next week at The Shoppes at Marina Bay Sands in Singapore.Originated from New York, db Bistro...
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Yum's profit disappoints, hurt by China costs
Source: CNBC KFC parent Yum Brands reported quarterly profit that missed Wall Street's view as inflation in China cut into margins in there, its top market.Rising food and wage costs as well as...
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Yum delivers In China: Double-digit profit growth, margins up, same store...
Source: Forbes.com Yum Brands earned 99 cents per share in the third quarter, beating the consensus forecast by two pennies. Revenue came in a bit light at USD3.57 billion, just shy of the USD3.63...
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Brotzeit German Bier Bar and Restaurant to open 13 outlets in China
Source: RetailTech Innovation Singapore's home-grown German restaurant franchise, Brotzeit International Pte Ltd, is set to penetrate China's booming F&B market with 13 outlets scheduled to open...
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Philippines' RC Cola maker eyes IPO
Source: philstar.com The softdrinks business of the Philippines' Zest-O Group plans to list its shares in the local bourse as the early as the third quarter this year, the company’s top official...
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Double-digit growth forecast for India's beverage industry
Source: Retail In Asia Fuelled by changing lifestyles, a growing middle class, rapid urbanisation and increased disposable income, the Indian Beverage Association (IBA) expects the beverage industry...
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Coffee brands aim to brew hot cuppa in China market
Source: Shanghai Daily A Chinese person drinks on average five cups of coffee a year. In a small town in Hainan Province, this rises to 200 a year.The figure, which is comparable to the world's...
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Starbucks to replicate US strategy successes in China
Source: red luxury Starbucks has begun to see more widespread success in China by replicating one of their highly proven business models. By opening stores in close proximity to each other – a...
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Starbucks to double China stores by 2019
Source: Retail In Asia Starbucks recently announced plans to double its store count in China to over 3,000 stores by 2019. It said China and the Asia-Pacific region represent enormous immediate,...
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Haagen-Dazs to target China's coffee drinkers
Source: red luxury Haagen-Dazs has launched a new line of coffee at its stores in China to capture a piece of the country's quickly growing coffee market.The introduction of the "rainbow latte", a...
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McDonald's plans to sell Taiwan stores to franchise operator
Source: Jakarta Globe McDonald's Corp said it is aiming to sell all of its 413 Taiwan-based stores to a franchise operator, as the US fast-food chain looks to cut costs globally and turn around its...
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Starbucks to let Lyft drivers, riders earn rewards points
Source: Shanghai Daily Starbucks says people will soon be able earn rewards points by using the ride-hailing service Lyft, a move intended to further expand the universe of its loyalty program.The...
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McDonald's earnings drop as customer traffic falls
Source: The Malaysian Insider McDonald's reported lower quarterly earnings on Thursday behind a drop in comparable sales and declining traffic in all major segments.Earnings for the second quarter...
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Starbucks's cafe sales hotter than expected, boost profit
Source: The Malaysian Insider Starbucks Corp reported higher quarterly profit on Thursday as new food, drinks and technology helped the world's biggest coffee chain attract more customers.Sales at...
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USD1 convenience-store coffees fuel Japan's surge into Java big leagues
Source: The Japan Times Online Coffee sales at convenience stores surged 48 percent last year, the fastest-growing part of the domestic beverage market, as cups costing just over JPY100 each boosted...
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Domino's Pizza to offer 15 minute delivery guarantee in Australia, for a price
Source: The Sydney Morning Herald Online Domino's will offer customers the option of paying extra to have pizza delivered to their door within 15 minutes in an innovative attempt to steal customers...
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