fast food Archives - Page 2 of 2 - Inside Retail Asia

Asia Pacific dents McDonald’s

McDonald’s regional comparable sales declined in August. The fast food chain reported that sales in Asia Pacific, Middle East and Africa (APMEA) were down 0.5 per cent due to negative sales results in Japan, China and Australia. However, worldwide sales grew by 1.9 per cent on the back of increased comparable sales in Europe (3.3 per cent) and the US (0.2 per cent). McDonald’s says Europe’s results benefited from the introduction of blended-ice beverages in the UK, strong premium food e…

McDonald’s India expands

McDonald’s is set for aggressive expansion across India. Its franchisee Hardcastle says it will spend 300 crore ($50 million) to open 75 new restaurants within the next two years. Hardcastle, a subsidiary of Westlife Development, currently runs 166 McDonald’s outlets across the country. According to Hardcastle vice chairman Amit Jatia, the quick service restaurant (QSR) industry is maturing with many Indians now seeing eating out as a necessity. He said India’s eating out market is w…

Wendy’s sets Philippine goal

Fast casual chain aims to hit $23 million sales.

China KFC sales recovering

Yum Brand beginning to see slight sales improvement following chicken supply controversy.

Growth predicted for China’s fast food market

Significant opportunities lie ahead, but fast food outlets face challenges amid shifting consumer priorities.

US burger chain headed for Oz

Fast food giant to enter Australian market, with a goal to open 300 stores.

Burger King in India talks

Fast food chain reportedly in discussions with Everstone Capital.

China ripe for fast food chains

Mintel report reveals vast opportunity for fast food operators in China as Chinese crave quick meals.

More McDonald’s for the Philippines

McDonald’s master franchisee in the Philippines plans 50 new outlets this year.

Burger King sets up in Cambodia

Burger King to enter Cambodia with its first store to open in November.

Rapid growth in China’s fast food sector

Outlets to nudge 2 million by year’s end.