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.

  • Vinamilk set to expand abroad

    Vinamilk set to expand abroad

    Dairy giant Vinamilk will continue to expand abroad, especially in emerging market like Laos and Myanmar, this year.

    “Vinamilk will build a plant in Myanmar and an organic cow farm of several thousand hectares in Laos this year,” Đỗ Thanh Tuấn, the company’s PR director, told a press conference in HCM City on Thursday.

    All procedures have been completed for the farm, which will be just 100km from another Vinamilk farm in the central province of Nghệ An.

    “We will expand our [farms in Việt Nam] to meet demand.” Tuấn said.

    Now dairy production in the country only meets 35 per cent of the demand.

    “Vinamilk can collect 750 tonnes of fresh milk from its 10 farms and 8,000 farming households daily, and that is enough to meet the national demand for pasteurised milk,” Tuấn said.

    The company already has plans in place to process coconuts for export, especially to the United States.

    “Việt Nam has huge potential in coconut products, but only one domestic company, TTC, is exporting them. We recognise that demand for coconut products in the US is huge, and Vinamilk decided to enter the market and a large raw material supply area will be set up soon in the southern province of Bến Tre.”

    In the last 20 years, 2017 was the first time the company’s exports declined due to political fluctuations in the Middle East, a big market for it, he said.

    “We only achieved 67 per cent of the year’s export target, but thanks to an immediate change in strategy to focus on the domestic market, Vinamilk’s turnover still increased by 10 per cent from 2016.”

    At the end of last year, the company also marked its presence in the sugar industry by acquiring a 65 per cent stake in the Khánh Hòa Sugar Company for nearly VNĐ1 trillion (US$44 million) and changing its name to the Việt Nam Sugar Joint Stock Company (Vietsugar).

    “Every year, Vinamilk consumes around 130,000 tonnes of sugar, but the price of sugar in Việt Nam is always 30-40 per cent higher than in neighbouring countries, especially Thailand.

    “We will be very active in producing sugar and even plan to triple the capacity of Vietsugar to 500,000 tonnes a year,” Tuấn said.

    He promised that the sugar made by Vinamilk would be cheaper than others’ and the company could take advantage of its 260,000 retail shops to sell the product.

    Last year, the company had a 58 per cent stake of the estimated $4 billion dairy market.

     

  • Starbucks China sales rises 30 per cent

    Starbucks China sales rises 30 per cent

    Starbucks China sales grew 30 per cent in the first quarter, overshadowing a lacklustre performance in the US company’s home market.

    Same-store sales in the core Asian market rose a respectable 6 per cent, with the majority of the growth down to new store openings: 700 new Starbucks stores opened, taking its global network to 28,039.

    US same-store sales rose by 2 per cent, driven by a similar increase in the average transaction value. Global revenue reach US$6 billion in the 13 weeks to December 31.

    Neil Saunders, MD of GlobalData Retail, said the strong Chinese result “hides an underlying softness – although we would stop short of saying problem – in the rest of the business”.

    “Barring last quarter – which was affected by one less week of trade than the prior year – Starbucks’ growth trajectory has slowed. This is most noticeable in the US, where both overall and comparable sales growth is trending lower,” said Saunders.

    “This slowdown does not mean the domestic business is broken. Instead, it is a function of maturity and saturation which has made both adding new stores and driving performance from existing locations steadily more challenging. Given that this dynamic will only worsen over time, it raises a question as to how Starbucks intends to remedy the issue.”

    Kevin Johnson, president and CEO of Starbucks, said the strategic acquisition of East China positioned the company to accelerate its growth in the key China market.

    “Today, Starbucks has two powerful, independent but complementary engines driving our global growth, the US and China. Our work to streamline the company is sharpening our focus on our core operating priorities.”

  • Jaya Grocer to open five more outlets in 2018

    Jaya Grocer to open five more outlets in 2018

    Neighbourhood fresh grocer Jaya Grocer, which celebrates its 10th anniversity, plans to open five more outlets in the Klang Valley this year.

    Its operations director Daniel Teng said on Thursday the outlets would be at Eco Ardence at Setia Alam in February; Kuala Lumpur Eco City (KLEC) at Bangsar in June; Empire City Damansara in July; Kiara 163 at Mont Kiara in September, and Kuala Lumpur East at Taman Melati in December.

    Jaya Grocer has 22 outlets. The latest outlet opened at Sunway Iskandar Citrine Hub in Johor last week.

    As part of its anniversary celebrations, Jaya Grocer is offering 10 items on special promotional prices each week since the start of the year.

    During a briefing for the media at Starling Mall Jaya Grocer in Damansara Utama, he said the management team is led by retail veterans with a family heritage dating back to pre-Independence Malaya.

    “We are proud of our heritage and are yet humbled by the overwhelming support shown by our loyal customers through the decades,” Teng said.

    On the opening of its Bangsar Market by Jaya Grocer, he said it would be one of the largest “urban fresh grocers” in the country.

    This would be located at the KLEC, a strategic and synergistic public-partnership between developer SP Setia Bhd and Kuala Lumpur City Hall.

    “The concept of Bangsar Market by Jaya Grocer is to bring back the feeling of shopping in a fresh wet market which is clean and well laid out. We hope to meet the discerning demands of sophisticated modern day shoppers in the city,” Teng said.

    Bangsar Market will occupy 54,000 sq ft or the entire second level of the mall.

    On Jaya Grocer’s online delivery service, Teng said it would be gradually expanded to cover more areas in the Klang Valley, beginning with its Pearl Point Outlet in Jalan Klang Lama.

    “Since we started at the end of 2016, our online segment has grown by 30%,” said Teng.

    “It has certainly helped to meet a need among modern consumers with a hectic city lifestyle or busy mothers with young children who cannot spare time to shop in person.

    “We provide same day delivery, with the quickest delivery time being within two hours. Furthermore, we only charge a token for the delivery service and prices remain the same as in-store, including promotional items,” he said.

    Jaya Grocer plans to set up a new distribution centre in Puchong that will help improve the overall supply chain management, Teng said.

    Jaya Grocer is operated by Trendcell Sdn Bhd, which is 45% owned by the Asean Industrial Growth Fund (AIGF). The other 55% being held by the founding Teng family which continues to manage the business.

    AIGF, a private equity fund, is 45% owned by CIMB Private Equity, 45% by Mitsubishi and 10% by the Development Bank of Japan.

    Jaya Grocer started in 2007 with its first outlet in Jaya 33 in Petaling Jaya. Jaya Grocer was set up by the Teng family, who are the founding family of Giant Hypermarket and the TMC (Teng MiniMarket Centre) in Bangsar.

    The family sold the Giant chain to Hong Kong-based Dairy Farm group in 1999 for an undisclosed sum. Meanwhile, TMC Store Bangsar has been wholly owned and operated by GCH Retail (Malaysia) Sdn Bhd since November 1980.

  • PepsiCo Cuts Ties With Indofood’s Palm Oil Unit Over Labor Abuse Claims

    PepsiCo Cuts Ties With Indofood’s Palm Oil Unit Over Labor Abuse Claims

    Food and beverage giant PepsiCo has suspended procurement from a palm oil supplier over claims of labor abuses on its Indonesian plantations, a move hailed by campaigners on Wednesday (24/01).

    A 2016 probe by several campaign groups alleged there were child labor and worker exploitation, such as low wages and hazardous working conditions, on Indonesian plantations operated by Singapore-listed Indofood Agri Resources (IndoAgri).

    Although IndoAgri has taken action to address the complaints, PepsiCo said it decided to suspend ties “pending further progress and visibility around the issues” after it looked into the allegations.

    “PepsiCo is very concerned about the allegations that our policies and commitments on palm oil, forestry stewardship and human rights are not being met,” it said in a statement.

    Neither IndoAgri nor its parent company, Indofood, were immediately available to comment. IndoAgri said on its website that it has a sustainable palm oil policy which ensures human rights are respected.

    Businesses are facing increasing pressure from governments and consumers to disclose what actions they are taking to ensure their supply chains are free from modern-day slavery.

    Indonesia is the world’s largest palm oil producer but it has been regularly linked to the destruction of rainforests and wildlife habitats, as well as displacement of indigenous communities.

    IndoAgri is a subsidiary of Indonesian food manufacturer Indofood, which produces PepsiCo’s snacks in Indonesia under a joint venture partnership. The joint venture sourced palm oil from IndoAgri.

    The investigation was carried out by San Francisco-based Rainforest Action Network (RAN), Indonesian labor rights group OPPUK and Washington-based International Labor Rights Forum.

    “After years of denial, PepsiCo has admitted to the high risks associated with its palm oil supply chain and business partner,” RAN campaigner Robin Averbeck said in a statement.

    Palm oil, used in soap, cosmetics and food spreads, has been one of the fastest expanding crops in the last few decades.g

  • Dairy farm and 7-eleven to sell premium coffee

    Dairy farm and 7-eleven to sell premium coffee

    Dairy Farm is launching a multimillion-dollar campaign to introduce a premium coffee blend in its 260 7-Eleven Daily Cafe kiosks.

    With its cappuccinos and lattes just $14 to go, it is staying well below the prices of established coffee shops like Pacific Coffee or Starbucks.

    “We identified different segments in the coffee market in Hong Kong and we found this is a ripe opportunity,” says 7-Eleven sales and marketing director for Hong Kong and Macau Elman Lee.

    “They’re not looking for a barista to serve them, or for coffee art. They want accessibility, grab-and-go, but a quality coffee.”

    Lee says the coffee venture is actually a strategic move. “With the trend of current lifestyles we want to build more signature products for our brand.”

    Already 7-Eleven is working on a signature ice-cream product and is looking to add more signature ready-made snacks. For now, coffee is the focus, with new store designs moving the Daily Cafe kiosk machines next to the cash registers.

    While 7-Eleven does not often run media campaigns, it is bolstering its coffee offer with transit ads on bus seats, exteriors and MTR windows along with print ads and store promotions throughout Hong Kong and Macau.

    Hip hop group FAMA is fronting the campaign, with support on Facebook and WeChat from other local celebrities, including Everest climber John Tsang and even a cat, Brother Cream, from a Kowloon convenience store.

  • World’s biggest brands put on notice over 5,000,000-tonne laminate packaging problem

    World’s biggest brands put on notice over 5,000,000-tonne laminate packaging problem

    Big brands have been put on notice about their inaction over the world’s growing 5,000,000-tonne problem of plastic aluminium laminate waste.

    Following revelations about the scale of the problem in the UK and internationally, the CEO of the company behind the world’s only solution for recycling laminates – food pouches, pet food pouches, toothpaste tubes, sachets – has called on the world’s biggest FMCG companies to support investment in new processing capacity.

    Enval CEO Dr Carlos Ludlow-Palafox has written an open letter addressed to the CEOs of companies that benefit from laminate packaging, such as Unilever, Kraft, Nestlé Mars, Colgate, Campbell’s, GSK and Hain-Celestial to get behind efforts to process post-consumer waste.

    Across Europe and the US, billions of plastic aluminium laminate pouches, tubes and sachets are being discarded and sent to landfill or incineration while consumers are often misled into thinking that they are recycled, as reported.

    In the UK alone more than 10 billion laminate packaging items are sold annually but fewer than 1 in 20,000 is recycled. Of the remainder two thirds go to landfill and the rest are incinerated. This recycling rate is 50 times worse than that of disposable coffee cups, which has received great attention from media and politicians alike.

    Because the material contains bonded plastic and aluminium, the packages cannot be treated either as plastic or as aluminium. Only the Enval process can deal with them, however currently there are no major initiatives in place in the UK or the world to collect and sort post-consumer packages and genuinely recycle them.

    To process the waste, Enval has developed the world’s only commercial scale plant to deal with the material, which uses a microwave heating method to recover the aluminium into reusable ingots and process the plastic into reclaimed oil.

    Manufacturers and waste companies have undertaken successful trials with the Enval plant but have failed to support wider collection and processing efforts due to a reluctance to make the initial investment required.

    Enval CEO Dr Ludlow-Palafox said the lack of involvement by the FMCG brand owners and the risk-averse nature of the waste handling sector has meant the Huntingdon plant is still the only one in operation.

    “We believe the time for complacency is over. FMCG brands are using laminate packaging because of its exceptional characteristics and cost and environmental benefits. Yet the fact remains that more than 10 billion pouches, tubes and sachets end up being thrown away in the UK alone. This is inexcusable now that we have an environmentally sustainable and economically viable solution. These same companies boast about their environmental credentials: it is time for some action.

    “Consumers are buying laminate packaging in good faith – often either thinking it can be recycled or because there is no other choice. Big brands have reaped the benefits of advancements in packaging technology while delivering no certainty to consumers.

    “The problem of single-use laminates dwarfs that of coffee cups. Brands and regulators now need to put their money where their mouth is and ensure that laminates can be genuinely reprocessed and these materials brought into a circular economy that benefits both the market and the planet.”

    Independent studies commissioned by WRAP UK and the UK’s Department for Environment, Food and Rural Affairs (DEFRA) have shown that laminates can be readily separated from waste streams using conventional sorting technology. These studies also proved that a majority of householders, when asked, sort laminates for recycling for collection as they do with other materials.

  • Siam Makro to open 15 stores in India

    Siam Makro to open 15 stores in India

    Thailand conglomerate Charoen Pokphand (CP) Group plans to invest Rs1000 crore (US$157 million) over the next five years to open Siam Makro wholesale stores in India.

    Siam Makro, the company’s retail arm, will open 15 wholesale cash-and-carry stores in India, starting with Delhi-NCR, over the next three years under a new brand, Lots Wholesale Solutions.

    “India and the US are the two priority markets for us for future growth,” says MD Tanit Chearavanont of CP Wholesale India.

    The company hopes to open its first two stores, each covering more than 50,000sqft (4600sqm) in NCR by the end of the second quarter.

    CP Group has cash-and-carry businesses in Thailand, China, Cambodia and Myanmar. It has 123 Makro cash-and-carry outlets in Thailand, and 60 outlets in China under the brand Lotus.

    “We bring with us 28 years of experience in serving various business-to-business customers, such as hotels, restaurants and cafes, traders and service customers, through different cash-and-carry formats, large and small,” says Chearavanont. Hotels, restaurants and cafes, which account for about 28 per cent of the company’s business in Thailand, are seen as the largest segment in India as well.

    CP Group, which entered India in 2016 through CP Foods, its agro-industrial and food unit, is looking at making India its innovation hub for technology and digitisation, says Chearavanont.

    CP Wholesale India director (development and expansion) Sameer Singh says the company will look at competitive pricing to take on existing wholesalers in India. “We are also working on possible limited-period credit for customers. We are in discussions with banking institutions to finalise a strategy.” added Singh.

  • Amazon Go, a high-tech version of a 7-Eleven, finally opened on Monday

    Amazon Go, a high-tech version of a 7-Eleven, finally opened on Monday

    No cashiers, no lines, no registers – this is how Amazon sees the future of in-store shopping.

    The online retailer opened its Amazon Go concept store to the public on Monday, selling milk, potato chips and other items typically found at a convenience shop. Amazon employees have been testing the store, which is at the bottom floor of the company’s Seattle headquarters, for about a year.

    The public opening is another sign that Amazon is serious about expanding its physical presence. It has opened more than a dozen bookstores, taken over space in some Kohl’s department stores and bought Whole Foods last year, giving it 470 grocery stores.

    But Amazon Go is unlike its other stores. Shoppers enter by scanning the Amazon Go smartphone app at a turnstile. When they pull an item of the shelf, it’s added to their virtual cart. If the item is placed back on the shelf, it is removed from the virtual cart. Shoppers are charged when they leave the store.

    The company says it uses computer vision, machine learning algorithms and sensors to figure out what people are grabbing off its store shelves.

    Amazon says families can shop together with just one phone scanning everyone in. Anything they grab from the shelf will also be added to the tab of the person who signed them in. But don’t help out strangers: Amazon warns that grabbing an item from the shelf for someone else means you’ll be charged for it.

    At about 167 square metres, the store will also sell ready-to-eat breakfasts, lunches and dinners. Items from the Whole Foods 365 brand are also stocked, such as cookies, popcorn and dried fruit.

    The company had announced the Amazon Go store in December 2016 and said it would open by early 2017, but it delayed the debut while it worked on the technology and company employees tested it out.

  • WAFL to open 80 stores in India

    WAFL to open 80 stores in India

    Hong Kong-headquartered waffle chain WAFL has opened its first stores in India as it continues an international franchise roll-out program.

    The company now operates 53 stores outside Hong Kong, although the Indian stores are the first in another Asian market, with most trading in Europe.

    WAFL’s first Indian store opened in SDA Market in Delhi and two more followed in the cities of Bangalore and Surat.

    The company says it plans to open about 80 stores across India by the end of this year, mostly smaller outlets of 200-250sqft with a seating capacity ranging from eight to 16 people.

    The WAFL menu includes sweet and savoury waffles meals and waffle-cone soft-serve ice cream – but they’re not all sugar-laden indulgences.

    Rajeev Chawla, executive partner of WAFL India says consumers are more health conscious now and have caught up with the fast-paced life.

    “So through our QSR we want to serve deliciously healthy food, to help them maintain their health-conscious need. We are positive that the Indian market will like our products and we are eyeing pan-India expansion.”

  • Lat Phrao to have newest Le Tao cafe

    Lat Phrao to have newest Le Tao cafe

    Thailand’s latest Le Tao cafe has officially opened at Central Plaza Lat Phrao, with celebrities cooking for charity at its launch event.

    The Japanese cheesecake and bakery concept arrived in Thailand two years ago, courtesy of DB Group managing directors Dolnapa Tumwattana and Kwanchai Ongkamongkol.

    Actors Varodom “Kimmon” Khemmonta and Suradet “Bas” Piniwat from Deun Kiaw Deun helped make pancakes at the store’s launch. A strawberry pancake by Kimmon and chocolate pancake by Bas were auctioned, raising THB50,000 (US$1570) for Siriraj Hospital.

    From Otaru city on Hokkaido Island, Le Tao spread throughout Japan with its combination of the culture of Japanese dessert-making with Western baking. Pancakes take up to 15 minutes to bake, and are topped with maple syrup, chocolate or strawberry sauce plus fruit on request, and served with fresh cream and vanilla ice cream. The Le Tao Pancake offers a cheese flavour.

    Other popular desserts include cheesecake, milk roll, cheese served in a cup, and cookies stuffed with cheese.

    Le Tao also has branches at Siam Paragon, The EmQuartier and Central Bang Na in Bangkok.

  • Jollibee opens 27th store in Davao

    Jollibee opens 27th store in Davao

    They say Jollibee is an indicator of progress. There’s this notion that when there is a branch of Jollibee in a place, it can be considered as a city. This may not be necessarily true but no one can argue that Jollibee, indeed, is an indicator of progress as it genuinely brings happiness to a place through its good food and “happy place” set-up. This year, Dabawenyos living near Puan, Davao City have more reasons to be happy as Jollibee – Puan branch opened last January 19.

    The newest store is the 27th branch of Jollibee in Davao City and 130th in Mindanao. It is open 24 hours and has a Drive Thru store. Just like any store opening, it started with a blessing a day earlier, a ribbon-cutting ceremony on the day and a Chicken Joy toast. The store team was also introduced to the customers. The first-day customers were also entertained with a Jollitown Dance by the Jollibee store management team. LanghapSarap meals were also offered to those who graced the event.

  • Jollibee celebrates 100th store in Vietnam 

    Jollibee celebrates 100th store in Vietnam 

    Jollibee Vietnam is celebrating the opening of its 100th store, in the Mekong Delta city of Can Tho.

    “Vietnam is home to our largest Jollibee network outside of the Philippines, and as such will always hold a special place in Jollibee’s history,” says Jollibee Foods Corporation (JFC) CEO Ernesto Tanmantiong. “From our humble beginnings as an ice-cream parlor in the Philippines, it gives us joy that more and more people are loving Jollibee, helping us grow to become one of the major global foodservice companies.”

    To mark the milestone, Jollibee Vietnam is giving away 100 buckets of its chicken, branded ‘Chickenjoy’ and other freebies at all of its outlets in the country.

    “Our business in Vietnam has been a core pillar of our international work and will continue to be one of our most important markets globally,” says JFC head of international business Dennis Flores.

    Jollibee opened its first branch in Ho Chi Minh City in 2005, and is now one of the three largest convenience-food chains in Vietnam.

    With a home network of 1000 stores, Jollibee Foods Corporation is the largest Asian foodservice company and the largest restaurant owner in the Philippines. It has has more than 3600 stores globally as well as investments in such brands as 12 Hotpot, Highlands Coffee, Pho 24, Dunkin Donuts in China, and US-based burger chain Smashburger.

  • World’s first Ruby KitKat drops in Japan for Valentine’s Day

    World’s first Ruby KitKat drops in Japan for Valentine’s Day

    Forget a diamond ring for Valentine’s Day – this has been trumped by a ruby KitKat chocolate snack by Nestle Japan.

    Its Sublime Ruby KitKat has been unveiled with due ceremony in Tokyo, and has been rolled out in KitKat Chocolatory boutiques across Japan, a further addition to Nestle’s “Made-In-Japan” luxury flavours for the snack.

    It is made from the new Ruby chocolate, which differs in flavour from traditional bitter, milk and white chocolate. Swiss chocolate maker Barry Callebaut spent more than 10 years developing its masterpiece, released in Shanghai in September.

    Made from the ruby cocoa bean, it is described as a new experience with an intense taste and characteristic reddish colour. It is not bitter, milky or sweet, but has a balance between berry fruitiness and smoothness. No berries, flavours or colours are added.

    Chef/patissier Yasumasa Takagi, who has been supervising new KitKat products since 2003, managed to encompass the new chocolate in KitKat form in time for the product to be ready in Japan ahead of Valentine’s Day.

    Units of Sublime Ruby KitKat will be available in limited numbers, with an assortment box to follow including the new product.i

  • Jollibee eyeing a late 2018 opening for Guam

    Jollibee eyeing a late 2018 opening for Guam

    The Jollibee corporate office in the Philippines has confirmed that the Filipino fast-food giant will once again open a branch on Guam later this year.

    The target opening is the fourth quarter of 2018, according to a statement from the corporate office.

    Maxi D. Peralta Jr., assistant vice president and head of international franchising at Jollibee Foods, spoke on behalf of the company. Peralta stated Jollibee’s first store on Guam will be located in the vicinity of Marine Corps Drive and Route 16/Army Drive in Dededo.

     “We have carefully chosen a location that is strategic and within Guam’s main retail circulation,” Peralta told.

    Micronesia Mall location?

    According to reports received, the new Jollibee will be built within the Micronesia Mall compound, although mall management has yet to confirm the reports.

    Peralta said the company cannot disclose the franchisee’s name yet.

    “As a preferred strategy for expansion and similar to our approach in other markets, we have already awarded a territory franchise for Guam,” Peralta told. “Our franchise partner has successful business interests in Guam and the Philippines.”

    Overseas expansion plans

    Known for its crispy fried chicken, sweet spaghetti and other Filipino twists on patties, hot dogs, egg rolls and noodles, Jollibee’s Guam re-entry was announced as part of its overseas expansion plans.

    Jollibee Chairman Tony Tancaktiong spoke to Manila media about Jollibee’s overseas plans after the company’s latest annual stockholders meeting in July 2017. Guam was mentioned in the list of planned franchise locations.

    Jollibee had two franchise-run restaurants on Guam and two on Saipan, but its Marianas presence ended more than a decade ago as the islands went through an economic downturn. Jollibee also had trouble competing with Guam players that offered larger portions.

    The company builds, runs and franchises quick-service restaurants. A Jollibee international franchise applicant must have a minimum net worth of $5 million, according to the company’s website.

    Internationally, Jollibee had 139 stores with 32 in the United States, 72 in Vietnam, 13 in Brunei, one in Hong Kong, two in Singapore and 19 in the Middle East, according to the company’s profile for investors.

  • Bulgarian water bottler Devin signs distribution deal with South Korean co

    Bulgarian water bottler Devin signs distribution deal with South Korean co

    Bulgarian water bottling company Devin said on Friday it has signed a distribution agreement with South Korea’s Encyiks and Human Co.

    “Under the agreement, Devin will provide natural mineral, sparkling and spring water, which will be distributed in South Korea,” the company told SeeNews in an e-mailed statement.

    Encyiks and Human Co. plans to expand its operations in the future and might offer Devin bottled water in other Asian countries, according to the statement.

    The duration of the distribution deal is three years, with the option to be extended with interest from both sides.

    In March 2017, Belgian mineral water producer Spadel acquired a 93.29% stake in Devin from Advent International for around 120 million euro ($146.9 million).

    Founded in 1992, Devin bottles and sells a wide range of products including mineral water, spring water and table water. Together with its national network of distribution partners, the company delivers its products to more than 35,000 retail outlets across Bulgaria.

    South Korea will host the 2018 Winter Olympics from 9 to 25 February in Pyeongchang county.