Latest Food News - Inside Retail Asia
Starbucks China sales growth out-paced the rest of Asia in the third quarter, up 6 per cent on a same-store basis and 2 per cent by transaction volume.
VG Siddhartha, the founder of India’s largest coffee chain Cafe Coffee Day, has been found dead, in an apparent suicide.
Yum China plans to invest up to US$525 million opening between 800 and 850 new stores in the current financial year.
Dubai Japanese restaurant chain Sumo Sushi & Bento is entering the Indian market.
Despite a positive first half to the year, CEC International, the parent of the 759 Store discount retail chain, has recorded a full-year loss of HK$9.5 million, down from $32.9 million the prior year. The company has been continuing to restructure its store network, culling unprofitable locations, and to expand the product offer of its stores. It also shut its 11 loss-making cosmetics stores. …
Japanese cafe chain 108 Matcha Saro is opening its first Southeast Asian store, in a Singapore mall.
Los Angeles ice cream shop Little Damage has launched in Singapore with a second outlet already in planning.
Starbucks has bought into Brightloom, a US tech company is working to create a best-in-class end-to-end digital customer experience platform for the restaurant industry.
Taiwanese brand Chatime has incorporated large areas of 3D-painted walls into the interior design of Japanese stores, targeting female customers who enjoy taking selfies.
Chinese coffee chain Luckin wants to expand into India and the Middle East.
The CEO of embattled food retailer Dean & DeLuca is promising a massive store rollout in Asia at the same time as unpaid suppliers suspend deliveries to the brand’s remaining US stores.
Former Kpop star Seungri and his Japanese ramen restaurant chain are being sued by franchise owners over a plunge in sales linked to the Burning Sun scandal.