Inside Retail Asia specific information about the food sector. New trends and consumer preferences within the food industry.

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Starbucks sales soured by Covid-19

Fiscal third quarter results for international coffee giant Starbucks show a drop in sales globally – partially offset by increases in average ticket – as the firm continues to battle a poor business climate heavily impacted by the coronavirus pandemic.

Owndays partners with Wagyumafia to launch new eyewear range

Eyewear retailer Owndays has launched a new sunglass range branded Chateaubriand in collaboration with restaurant brand Wagyumafia.

Ikea expands famous meatball range to include plant-based option

The Swedish retailer Ikea’s famous meatballs have gone vegetarian with a new plant-based option going on sale in Europe, and headed for Asia Pacific soon.

‘Starbucks Now’ to join four Alibaba apps

Starbucks Coffee is introducing its own mobile order and payment system in the Mainland Chinese market as a feature on four Alibaba platforms.

India’s Cafe Coffee Day shuts 280 stores

Indian coffee chain Cafe Coffee Day shuttered 280 outlets between April and June due to low profitability and potentially rising costs.

Don Don Donki to launch in Malaysia

Japanese discount retailer Don Don Donki is to launch its first store in Malaysia next year.

Dean & Deluca owner bids to buy back business it bankrupted

Thailand’s Pace Corporation, the firm responsible for bankrupting gourmet grocery business Dean & Deluca earlier this year, has bid US$10 million to buy back the firm.

PizzaExpress in takeover talks

A group of senior bondholders to PizzaExpress is in talks to potentially provide new funding in a deal that could see them take over much of the company from owners Hony Capital.

Featured store: Basic Coffee in Beijing

Interior design company Office AIO used a series of orchestrated “framed views” to create the layout of Basic Coffee in Beijing.

Starbucks to open first bakery cafe in South Korea

Starbucks, marking its 21st year in South Korea with more than 1400 stores across the country, will open its first bakery cafe this month.

Featured store: Kura Sushi flagship in Tokyo

Japanese restaurant chain Kura Sushi has opened a flagship restaurant in Tokyo’s Asakusa district, designed by Kashiwa Sato of Samurai.

Starbucks India opens first drive-thru store

Starbucks India has opened its first drive-thru store in Singhpura, Zirakpur.