Retail News CRM

Category: Food

Retail News Asia is committed to providing both local and global retailers with the latest Food and Food & Beverage news throughout the Asian market. This on a daily base.

  • Taco Bell India eyes 600 store Openings

    Taco Bell India eyes 600 store Openings

    Taco Bell India plans to expand to more than 600 stores before sub-licensing to local operators.

    The US-headquartered QSR chain has appointed its existing local partner since 2015 Burman Hospitality,  as master franchise holder for the country.

    Following nine years in the territory, the brand now seeks to open 600 locations in India within 10 years, a target that if achieved will make India Taco’s largest foreign market, reflecting the popularity of its menu in the region extending beyond its parent company’s core offerings of its sister brands’ chicken, burgers and pizzas.

    The appointment makes Burman the largest Taco Bell franchise globally in terms of store count. “If you look at chicken and pizza, they are two very familiar categories to the consumer and that helped both KFC and Pizza Hut with their explosive growth, not only in India, but all over the world,” said Taco Bell International president Liz Williams. “The Mexican category is a relatively new category for consumers and I think the Indian consumer has shown us they are ready for it.”

    Research conducted last year showed that the vast majority of food ordered in the Indian territory is North Indian, followed by Chinese and South Indian. The market for other cuisines is shown to be expanding.

    Burman is currently seeking to keep tight control over store launches before seeking sub-franchisees and then expanding into new formats such as food court kiosks.

    Lees ook:

    Lees ook:

  • Chicha San Chen opens in Singapore

    Chicha San Chen opens in Singapore

    Taiwanese bubble-tea chain Chicha San Chen has opened its first outlet in Singapore.

    Located in 313@Somerset, the flagship store has modern design with an open kitchen.

    Customers can make their own tea and watch as it brews in a Teapresso machine.

    They can choose from milk-tea, fruit-tea or pure-tea bases including Green Tea, Osmanthus Oolong Tea, High Mountain Pouchong Tea, Black Tea, Dong Ding Oolong Tea and Cassia Black Tea.

    The store also features a tea appreciation counter where tea connoisseurs can learn more about teas and sample the special Taiwanese Lishan Qingxin Oolong Tea.

    Established in Taichung 20 years ago, Chicha now has more than 200 stores in Taiwan and China.

    Chicha has its own tea plantations in Taiwan, where they harvest their tea leaves and other ingredients.

    Lees ook:

  • Coles targets health-conscious Aussies with private label

    Coles targets health-conscious Aussies with private label

    Supermarket giant Coles is targeting the 40 percent of Australians seeking healthier food choices with the launch of a new private label health food range.

    Wellness Road aims to provide customers with  “uncomplicated, nutritionally balanced” options to make meals more nutritious.

    The new range comprises 28 products including organic foods, seeds, flour, grains, noodles, and oil.

    “Industry stats suggest that the health food aisle is growing twice as fast as retail food sales overall,” a Coles spokesperson said.

    “Wellness Road is about our strategy at Coles of lowering the cost of living for Australians and how we give them better quality foods at lower prices.”

    Coles has designed Wellness Road to make healthier eating more accessible and affordable to customers of all ages.

    “From teenagers through to those in their 60s and 70s our customers are telling us that they want to eat less processed foods and cut back on sugar and salt,” the spokesperson added.

    The supermarket giant has been making waves this week that Coles is taking a two-pronged approach to gain market share and grow sales, with some stores to be reformatted towards convenience, with a bigger range of ready-to-eat meals, and some stores to be reformatted towards value. Managing director Steven Cain is expected to unveil the strategy next month.

    Lees ook:

    Lees ook:

    Lees ook:

  • Shake Shack opens first store in Philippines

    Shake Shack opens first store in Philippines

    The new QSR restaurant has opened at Bonifacio Global City (BGC) as the brand’s 225th location, although only its second in Southeast Asia after Singapore.

    “It is known for quality and consistency in taste,” said the president of the exclusive franchise holder SSI Group Anton Huang. “As far as SSI is concerned, we want to be the purveyor of lifestyle choices to the Filipino consumer. In keeping with that goal, we identified Shake Shack as a brand or concept that would really resonate well with the Filipino consumer.”

    “Filipinos are already clamoring for it to begin with and it would be a must do part of their pilgrimage to the US,” he added.

    The restaurant’s Instagram announcing the Manila launch achieved 16,000 likes, the highest-ranking post on its account.

    Huang expressed confidence that the new store will meet revenue and sales targets, and is keeping a tight focus on the performance of the first outlet before making expansion plans.

    “We’re concentrated on doing well to serve our customers and meet their expectations,” he said. “Once we’ve done that, and I’m pretty sure we are going to get that right from the beginning or the get-go, then, we will look at expansion. As I am sure you can sense, with the kind of demand there is for Shake Shack in the Philippines, I think the expansion opportunities are in fact endless. You really just have to select properly where we will expand.”

    Lees ook:

    Lees ook:

    Lees ook:

    Lees ook:

  • Starbucks China opens Signing Coffee Store in Guangdong

    Starbucks China opens Signing Coffee Store in Guangdong

    Starbucks China has opened its first Signing Store, staffed entirely by deaf or hearing-impaired people.

    The store is in Guangzhou, in Guangdong Province which is home to about 4 percent of China’s deaf population. It is Starbucks’ third Signing Store, following outlets in Washington DC and Malaysia.

    Sign language symbols are printed on umbrellas in front of the store, and there are indicators throughout the store. Deaf baristas will wear aprons with the word “Starbucks” embroidered in sign language. The store is equipped with a customized ordering system. Customers and partners will be able to communicate using notepads and two-way digital displays. For customers new to sign language, there will be a dedicated area for customers to write down their orders on an electronic board and wireless vibrating pagers will notify customers when their orders are ready.

    The cafe also features exclusive artwork and unique merchandise designed by deaf artists.

    The initiative aims to offer employment and career-advancement opportunities for the deaf and hard-of-hearing community as well as “a welcoming hub for those passionate about improving accessibility and experiences for all”. It is located near the Guangdong Disabled Association and Guangdong Deaf People Association.

    “Starbucks is committed to creating equal opportunities for everyone, as well as a unique third-place experience that addresses a wide range of community needs,” said Belinda Wong, CEO of Starbucks China. “The new Signing Store is an example of how we are building inclusive environments and careers for our partners.”

    Store staff, who have been recruited from across China, are fluent in Chinese sign language.

    To create an inclusive environment and encourage customers to learn more about the deaf community, the store will also offer sign-language lessons and coffee workshops in sign language.

    “The Guangdong Deaf People Association is proud to partner with Starbucks to provide training and opportunities for the deaf and hard of hearing community,” said Yitao Fan, vice chairman, China’s Deaf People Association and president of Guangdong Deaf People Association. “Thanks to Starbucks, deaf partners are empowered to develop their careers in a vibrant and supportive environment, while the store provides a strong platform to drive societal awareness around deaf culture and the needs of the community.”

    Lees ook:

    Lees ook:

  • Restaurant Brands International eyes massive China expansion

    Restaurant Brands International eyes massive China expansion

    Restaurant Brands International, parent of the Burger King, Tim Hortons and Popeyes Louisiana Kitchen brands, is eyeing significant expansion in China despite current trade tensions.

    The firm is aiming to surpass 40,000 locations in the territory within 10 years, making the firm one of the world’s largest restaurant chains.

    “Our view is that we want to be there, and we will be there for the long term,” said company CEO Jose Cil. “It’s an amazing consumption market, growing tremendously.”

    The firm is making its intentions known in an atmosphere of a deteriorating trade relationship between China and the US. Before tensions heightened last week, China was already on track to experience its worst GDP growth in 29 years.

    Restaurant Brands is aiming to launch 1500 Tim Hortons locations within China within the next decade as the brand’s growth is slowing in its home Canadian market. There are currently just four Tim Hortons in the territory, compared to more than 1000 Burger King restaurants.

    Lees ook:

  • Malaysian bubble-tea chain Tealive Eying IPO

    Malaysian bubble-tea chain Tealive Eying IPO

    Loob Holding, parent of Malaysian bubble-tea chain Tealive, is preparing an IPO in Malaysia with a view to raising MYR300 million (US$72 million).

    The firm, which operates more than 200 food-and-beverage outlets in the territory, has reportedly hired advisors to facilitate the process and is seeking a valuation of up to MYR1 billion.

    “We have engaged corporate advisers for this exercise,” said Loo’s CEO Bryan Loo. “We cannot confirm the valuation sought nor the IPO portion, pending final recommendations from our advisers.”

    New listings have been slow off the mark this year, with only $9.4 million in first-time sales so far compared to $47.8 million during the same period last year. Several retail businesses are expected to list shortly, including Malaysia KFC operator QSR Brands and home improvement chain Mr DIY.

  • McDonald’s Philippines Planning 50 Restaurant Openings

    McDonald’s Philippines Planning 50 Restaurant Openings

    McDonald’s Philippines is expanding, with new stores and branch upgrades unfolding this year along with menu additions.

    There are currently around 650 McDonald’s restaurants in the territory, 61 of which opened last year.

    “We’re continuing our aggressive expansion,” said McDonald’s MD Margot Torres. “In terms of new stores, we’re looking at about 50.”

    The firm’s outlets will be upgraded to the McDonald’s Nxtgen system, featuring a touch-screen service allowing customers to place orders without interacting with a cashier. The Nxtgen kiosks also allow customers to customize their orders and access additional offerings.

    An estimated 70 per cent of stores are expected to receive the upgrade by 2021

  • Dome Cafe Singapore Closing Doors

    Dome Cafe Singapore Closing Doors

    The last Dome Cafe Singapore cafe is to close next month. The Australian casual-bistro concept which specializes in light meals and coffee will exit Singapore after 20 years on June 23 when the last outlet, at Parkway Parade, shuts its doors.

    Opened in 1993, under a Singaporean joint venture called Dome Holding, it was one of the first cafes serving specialty coffee on the island.

    A second outlet opened five months later, and by 1996, there were five Dome Singapore cafes.

    In the same year, Suntec Investment acquired a 51 percent stake in Dome Holding, forming Suntec Dome Holding and by 2009 the chain had grown to 10.

    “The food and beverage scene has evolved tremendously since the first Dome Cafe opened in Singapore more than 20 years ago,” said Rebecca Lim, Suntec F&B Holdings MD in a statement.

    “As a group, we have to progress with the times to stay relevant in this competitive industry. We will be channeling our resources to concepts that are aligned with the interests and welfare of the customers we serve.”

    Dome Cafe has more than 100 outlets internationally.

  • Honestbee Stops Food Deliveries in Singapore

    Honestbee Stops Food Deliveries in Singapore

    Honestbee Singapore is to halt food deliveries from Monday.

    The company said in a statement it would also suspend laundry services on the same date.

    The changes come as part of an in-depth strategic review of the business launched after the departure of cofounder and CEO Joel Sng who was replaced by cornerstone investor Brian Koo at the beginning of the month.

    “The decision was made to optimise the business structure, and to drive better focus and alignment with Honestbee’s current strategic priorities,” the company said in a statement.

    The decision brings to an end the roles of some 400 ‘delivery bees’ many of them part timers.

    “They have played a key role, and have been a critical part of the Honestbee family,” said the company. “During this transition, Honestbee remains committed to assist all delivery bees. The headcount in Singapore remains unaffected.”

    Honestbee says it will continue to operate the grocery-delivery service, and its physical space – Habitat by Honestbee.

    “The newly-appointed executive team is working on future plans to stay relevant and sustainable in today’s rapidly changing business environment. This will help to put Honestbee in the best possible position to support the business in Singapore and other geographies going forward.”

    Lees ook:

  • Foodstuffs Allowing customers to bring own containers

    Foodstuffs Allowing customers to bring own containers

    Supermarket chain Foodstuffs will soon allow customers to bring their own containers to use for seafood, over-the-counter butchery, delicatessen and bakery items in an effort to eliminate waste.

    The BYOC (bring your own container) policy will be made available at Foodstuffs supermarkets and Foodstuffs-affiliated stores, including New World, Pak n Save and Four Square North Island stores.

    The policy will kick off on June 1 but will be launched in New World Long Bay a bit earlier, as its new store opens on May 28 in Auckland.

    Mark Casey, group manager of regulatory services at Foodstuffs North Island, said the company ran successful trials at several stores where it worked out what rules need to be followed.

    “Food safety is a top priority, so making sure our customers’ groceries aren’t compromised through poor hygiene is very important,” Casey said.

    According to Foodstuffs, the service is only available at counter departments so that stores can check containers and make sure they are fit for purpose and clean, and that the weight of the container can be subtracted from the weight of the product being purchased.

    “Many people don’t realise that products must be sold minus the cost packaging might add to a product,” Casey said. “That’s why we restrict BYO to counters where we can subtract the weight of the container and produce a price label for the cost of the product only.”

    This means that products from bulk bins, for now, won’t be included.

    “We have to make quite significant changes to the way we operate to take the BYO option storewide, but this new policy in our counter areas is a major step towards zero waste.”

    The supermarket chain said encouraging customers to reuse containers is just one of the many initiatives it has underway to help reduce New Zealanders’ environmental footprint.

    “We’ve given away millions of reusable shopping bags, we encourage customers to bring reusable produce bags, we’re trialing home compostable produce bags and now we’re inviting people to bring their own containers. It all adds up to reducing packaging waste,” said Mike Sammons, head of sustainability at Foodstuffs.

    Sammons said reusable bags and boxes may soon be in the works after the company’s previous initiatives to cut out plastic in-store, such as its ‘food in the nude’ campaign in produce, a new and exclusive eco-store refillery in its New World Durham Street in Christchurch and the use of new products for wrapping pallets.

    Lees ook:

    Lees ook:

  • McDonald’s ends food fight in India

    McDonald’s ends food fight in India

    International fast food chain McDonald’s has bought out its former partner Vikram Bakshi’s 50 percent stake in its Indian operations, ending a six-year dispute.

    The disagreement arose when McDonald’s India attempted to oust Bakshi as MD of local operator CPRL in 2013, a decision that was overturned after local arbitration hearings ruled in favor of his reinstatement.

    “With the transfer of ownership and management today, Mr. and Mrs. Bakshi end their association with CPRL and McDonald’s,” the company said in a statement. “McDonald’s acknowledges the significant work and contribution of Mr. Bakshi in establishing McDonald’s restaurants in North and East India.”

    Bakshi was responsible for opening the first McDonald’s in the territory in the mid-90s, growing the franchise to more than 160 outlets in northern and eastern India.

    McDonald’s now wholly owns CPRL, which will be headed by Robert Hunghanfoo going forward. The financial details of the transaction were not disclosed.

    The firm is now seeking a new development licensee for the region.

    Lees ook:

    Lees ook:

  • Venture Capitalists invests in Vietnam’s Pizza 4Ps

    Venture Capitalists invests in Vietnam’s Pizza 4Ps

    Private-equity firm Mekong Capital has invested in Vietnamese pizza franchise Pizza 4P’s via the Mekong Enterprise Fund III.

    The franchise was set up in 2011 by Japanese owners and has grown its network of locations to 11 stores nationwide serving more than 4700 customers per day. The company has also developed a fledgling line of packaged consumer goods, such as specialty cheeses.

    “We are incredibly excited to partner with Pizza 4P’s,” said Mekong Capital founder Chris Freund. “Not only because we are huge fans of their product and see the potential for the brand to grow considerably, but also we are very inspired by the vision of the founders, Masuko and Sanae.”

    Mekong Enterprise Fund III currently has US$112.5 million in committed capital. Pizza 4P’s is the ninth company to receive investment from the fund.

    Lees ook:

    Lees ook:

  • American burger chain Five Guys to open Restaurants in Singapore

    American burger chain Five Guys to open Restaurants in Singapore

    American burger chain Five Guys is to open in Singapore later this year.

    According to an unidentified F&B industry source, the chain also plans to open in Malaysia.

    The Singapore branch will be Five Guys’ second outlet in Asia, following the one which opened in Hong Kong last November.

    Founded in 1986, Five Guys runs more than 1500 outlets in America, Europe, and the Middle East. It also plans to expand into the UK.

    Lees ook:

  • Online food store Grain Expanding Rapidly

    Online food store Grain Expanding Rapidly

    Singapore-based online food store Grain has raised US$10 million in series B funding. The cash will be used to accelerate growth in Singapore, and expand into Thailand.

    To do that, the company will be cooperating with Thailand’s Boonrawd Brewery group’s subsidiary Singha Corporation.

    Singha will help Grain gain clearer insights into the target audience in Bangkok, and develop better products and services.

    “Grain will work with Singha by using Singha’s extensive F&B network across the country, including logistics and distribution, to bring delightful innovations to consumers,” said Bhurit Bhirombhakdi, chairman of the executive board at Singha Ventures.

    The collaboration between the two companies aims to help online food store Grain expand in Southeast Asia and realize its regional vision.

    “We want to disrupt the F&B landscape and evolve with consumer preferences, but also have solid fundamentals,” said Yi Sung Yong, Grain’s co-founder and CEO.

    Lees ook: