Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Taiwan retail sector.

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Taiwanese coffee chain plans more outlets

Taiwanese restaurant operator Wowprime is set to double the number of outlets of its cafe brand Famonn Coffee. Famonn will be expanded from 11 to 20 stores across Taiwan by the end of the year. “We hope these efforts will help the coffee brand break even this year,” said Wowprime vice chairman and president Endy Wang. The cafe brand plans collaborating with department stores such as Shin Kong Mitsukoshi, Pacific Sogo and Dream-Mall for further openings at its premises.

Dairy Queen in Taiwan, Vietnam roll-out

US-based fast food chain Dairy Queen has re-entered Taiwan and opened its first store in Vietnam. Its Taiwan partner, Jolly Brands, has opened a Dairy Queen location in the Tianmu neighbourhood of Taipei. The company plan to open 45 stores throughout the country within the next five years. In Vietnam, Dairy Queen has signed a multi-unit deal with QSR Vietnam Trading One Member Company to open its first store in Ho Chi Minh City. The store is located in Nguyen Thi Minh Khai in a part of the…

Taiwanese supermarket chain expands

Taiwanese supermarket chain Pxmart is to open 300 new stores over the next five years. The retailer has recruited the former manager of 7-Eleven, Xu Zhong-ren, as its new CEO to spearhead the expansion. Pxmart has expanded vigorously in previous years, increasing its store count to 700. It has out-performed local chains Wellcome and Matsusei and is putting pressure on other retailers like RT-Mart and Carrefour. RT-Mart said it is not bothered by Pxmart’s planned expansion and recent CEO…

Taiwan ranked sixth biggest overseas seller

E-commerce giant eBay has ranked Taiwan as Greater China’s sixth biggest seller of products to overseas shoppers. eBay’s VP and CEO of Greater China John Lin said Taiwan has a long history in conducting trade, mature system for sellers and sufficient supply of workers with a specialty in trade. “We believe that the retail export industry is entering a new market phase with more holistic growth and greater professionalism as local sellers are leveraging local resources and developing specia…

Krispy Kreme opens in Taiwan

Doughnut retailer Krispy Kreme, through its franchise partner Huan Hsin Co, has opened its first store in Taiwan. Located in Taipei’s cosmopolitan financial district of Xinyi, Krispy Kreme’s 2400 sqft doughnut store offers an assortment of doughnut varieties plus a wide range of signature beverages including coffees, teas and iced beverages. It also features a doughnut theater viewing area, where customers can enjoy watching the doughnut varieties being cooked, filled and topped in front o…

Taiwan: cheapest Christmas shopping destination

Taiwan tops the list of destinations where consumers can get the best value for money for their gifts. A survey by Hotels.com says Taiwan is the ultimate destination offering the greatest value for bargain hunters this Christmas. With the shopping lists in each country converted to Indian currency, Taiwan was found, on average, to have a combined shopping basket of Rs.93,088.34, followed by Japan (Rs.130,926.23) and Argentina (Rs.131,430.26) in second and third place. Brazil was the cou…