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Krispy Kreme to Open 10 Shops in Myanmar
Source: Retail in Asia Krispy Kreme has signed a development agreement with Doughnut Group Pte. Limited, to open 10 Krispy Kreme shops in Myanmar over the next five years, the US doughnut chain said...
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CEO Talking Shop: Buffalo Wild Wings eyes Asia expansion
Source: Retail in Asia US restaurant chain Buffalo Wild Wings is on an expansion mode. The casual-dining chain, known for its sports-viewing atmosphere and chicken wings, plans to open 400...
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Starbucks, Nike join 100pc renewable energy pledge
Source: Shanghai Daily Major US companies including Walmart, Starbucks and Nike vowed Wednesday to move completely to renewable energy in the long term as part of a global effort against climate...
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KFC parent plunges 18pc after key China metric miss
Source: CNBC KFC parent Yum Brands stock plunged on Tuesday after it missed Wall Street's earnings and revenue estimates. A key China metric also disappointed.Yum Brands last dropped 18 percent in...
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Pepsi to market mobile phones, accessories in China
Source: CNBC PepsiCo said on Monday it is working with a licensing partner to market a line of mobile phones and accessories in China in the next few months.The food and beverage company however has...
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Major Swiss retailer hopes food, cosmetics make big splash in Japan
Source: The Japan Times Online A Swiss retailing giant has set an ambitious target for food and cosmetics sales in the Japanese market, where Switzerland has a generally positive image, and is...
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McDonald's exploring sale of stake in Japanese arm
Source: CNBC McDonald's is reaching out to investors about selling a part of the fast-food company's stake in its Japanese arm for about JPY100 billion yen (USD826.2 million), the Nikkei business...
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Ailing McDonald's Japan accelerates outlet closures, to have 190 shuttered...
Source: The Japan Times Online McDonald's Holdings Co. (Japan) is accelerating the closures of outlets to cope with its deteriorating earnings traced to its loss of customer trust.The company is...
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From longer hours to all-you-can drink offers, Japan's restaurants evolve in...
Source: The Japan Times Online Whether it's hamburger joints offering all-you-can-drink glasses of wine, kaiten (conveyor belt) sushi spots luring female customers with daytime cakes and coffee, or...
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Yum says China same-store sales rise 1pc in Dec
Source: CNBC Yum Brands Inc, which is spinning off its China business, said December same-store sales increased 1 percent in the country, helped by a 5 percent rise at KFC.The company said same-store...
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McDonald's looks at selling stake in Japan unit
Source: The Japan Times Online McDonald's Corp. is studying selling a stake in its loss-making Japan unit to a "strategic investor", as the world's largest fast-food chain reviews its global...
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Marks & Spencer opens new Food store in HK's Admiralty
Source: Retail in Asia Marks & Spencer (M&S) on Thursday opened a new Food store at Queensway Plaza in Hong Kong's Admiralty. The new 1,000 square foot store will showcase over 1,400 high...
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McDonald's recovers quicker than Yum in China
Source: Shanghai Daily Yum Brands Inc, the home of KFC and Pizza Hut, is falling behind rival McDonald's Corp as the pair battle to revive flagging sales in China – a headache for Yum as it looks to...
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Japan's Asahi in talks with SABMiller's Peroni and Grolsch
Source: Retail In Asia Japan's Asahi Group Holdings said it is in exclusive discussion to purchase SABMiller's Peroni, Grolsch and Meantime beer brands for 2.55 billion euros (USD 2.9 billion), as it...
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Coca-Cola's smaller cans may make us drink more
Source: Sydney Morning Herald Earlier last week, Coca-Cola reported its latest earnings with a big smile, boasting that global soft drink volume sales rose in the last three months of 2015. The news...
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Zawara to push F&B business overseas next year
Source: The Malaysian Insider Local fashion brand Zawara Sdn Bhd aims to push its new business, Zawara Coffee, to international markets in 2017."We are planning to expand the Zawara Coffee brand to...
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McDonald's to offer beer & burgers in South Korea
Source: CNBC McBeer is coming to South Korea, the Ireland of Asia.Pulse by Maeil Business News Korea reported that McDonald's will begin serving beer in South Korea. The news site said it's...
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Aussies cash in on dining exports to China
Source: Shanghai Daily Asian consumers determined to improve their lifestyle are boosting the fortunes of Australian producers of premium baby milk formula, vitamins and honey, as the region’s...
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CR Beer to purchase SABMiller’s Snow stake
Source: Shanghai Daily Resources Beer has agreed to buy SABMiller’s stake in its CR Snow venture for a less-than-expected USD1.6 billion, removing another regulatory obstacle to the London-based...
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Japanese keen on halal sector
Source: Bangkok Post Japanese investors have expressed interest in expanding their outlay in Thailand's halal food industry, says the National Food Institute (NFI).View full story
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