franchise Archives - Inside Retail Asia
Australia’s Oporto to launch in Singapore
Chicken chain secures financial partner for international expansion.
Australia’s Oporto to launch in Singapore
Chicken chain secures financial partner for international expansion.
Philippine franchises ‘ready to take on the world’
Philippine franchises are ready to conquer new international markets.
Yum! to franchise Pizza Huts in China
US corporate QSR operator Yum! Brands says it will start selling Pizza Hut franchises across China. According to a report in China Retail News franchisees will be invited to take over existing restaurants rather than open new ones. This course is more likely to lead to to successful financial returns for the franchisees due to an established customer base and management. Site selection, recruitment and training will thus not be required. According to the report, franchisees will not be abl…
Philippines lures foreign brands
The Philippines’ strong economy is drawing an increasing number of foreign brands into the country. According to the Philippine Franchising Association (PFA), around 60 foreign brands are planning to open in the Philippines through the franchise route. “The Philippines remains one of the top three franchising sites in the world,” PFA chairman emeritus Samie Lim said. Lim says most of the 60 brands, including 12 each from the US, Indonesia and Malaysia and two from the UK have confirmed …
Escape Game creates mall opportunity
A new interactive experiential game concept being franchised internationally is proving a drawcard for shopping centres and an ideal option for distressed retail space. Escape Hunt, the brainchild of Bangkok based Briton, Paul Bart, is not yet a year old, but after a successful launch in Thailand, the concept is now being franchised internationally. New venues have opened in Singapore and Jakarta this month, with franchisees already signed up in Manila, London, Sydney, Gold Coast, Amsterdam, L…
China’s coffee chains race to expand
Rapid growth in China’s coffee chain sector shows no signs of abating as a growing middle class develop a taste for coffee. A new survey by China Chain Store and Franchise Association reveals 92 per cent of franchise brands plan to expand this year, reflecting rosy prospects for franchised brands across the giant nation. The survey also found the Chinese market offers promising prospects for other franchise concepts – especially fast food, early childhood education, convenience stores, car…
Potato Corner eyes offshore expansion
Filipino franchise Potato Corner is eyeing further overseas and domestic expansion. The French fries retailer plans to expand into new markets including Mexico, the Middle East, Egypt and Botswana. It plans to increase its store count abroad from 65 by the end of the year to 165 by the end of 2014. Meanwhile, its domestic store network will expand from 350 by the end of the year to 380 by the end of 2014. Franchise head, Jose Magsaysay Jr, said demand for the brand has been increasing r…
Strong franchise growth in Philippines
Survey ranks Philippines as the eighth best market for franchises.
Immense franchise growth in India
Franchising industry has potential to hit $50 billion in five years.
