fast food Archives - Page 2 of 2 - Inside Retail Asia
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 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…
Fast casual chain aims to hit $23 million sales.
Yum Brand beginning to see slight sales improvement following chicken supply controversy.
Significant opportunities lie ahead, but fast food outlets face challenges amid shifting consumer priorities.
Fast food giant to enter Australian market, with a goal to open 300 stores.
Fast food chain reportedly in discussions with Everstone Capital.
Mintel report reveals vast opportunity for fast food operators in China as Chinese crave quick meals.
McDonald’s master franchisee in the Philippines plans 50 new outlets this year.
Burger King to enter Cambodia with its first store to open in November.
Outlets to nudge 2 million by year’s end.