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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.
Eyewear retailer Owndays has launched a new sunglass range branded Chateaubriand in collaboration with restaurant brand Wagyumafia.
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 Coffee is introducing its own mobile order and payment system in the Mainland Chinese market as a feature on four Alibaba platforms.
Indian coffee chain Cafe Coffee Day shuttered 280 outlets between April and June due to low profitability and potentially rising costs.
Japanese discount retailer Don Don Donki is to launch its first store in Malaysia next year.
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.
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.
Interior design company Office AIO used a series of orchestrated “framed views” to create the layout of Basic Coffee in Beijing.
Starbucks, marking its 21st year in South Korea with more than 1400 stores across the country, will open its first bakery cafe this month.
Japanese restaurant chain Kura Sushi has opened a flagship restaurant in Tokyo’s Asakusa district, designed by Kashiwa Sato of Samurai.
Starbucks India has opened its first drive-thru store in Singhpura, Zirakpur.