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.

  • KFC to add 65 new outlets in Indonesia next year

    KFC to add 65 new outlets in Indonesia next year

    The franchise holder of the Kentucky Fried Chicken (KFC) brand in Indonesia, PT Fast Food Indonesia (FAST), plans to open between 60 and 65 new outlets in and outside Java to tap into the country’s growing food retail market.

    FAST business development general manager Gandhi Lie said on Tuesday that his firm would spend around IDR240 billion (US$19.2 million) on the expansion, of which about IDR200 billion would be used to open 40 to 45 new “stand alone” outlets, with the remaining IDR40 billion to set up 20 “KFC box” outlets.

    “We will use our internal cash as well as partner with landlords to build the new outlets next year,” he said without providing details on the composition of each source of funds.

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  • Tesco masterplan? New boss keeps investors and staff guessing

    Tesco masterplan? New boss keeps investors and staff guessing

    When Phil Clarke was sacked as Tesco’s CEO, senior executives hoped his 0700 strategy meetings would go with him. They did – new boss Dave Lewis starts his at 0630.

    Parachuted in from Unilever in September, Lewis soon faced the task of making the shock announcement that a GBP250 million (USD391 million) hole had been found in Tesco’s profits, in an accounting scandal that led to the departure of several senior executives.

    Now the CEO – despite having no direct retail experience – is keeping management on a tight rein and personally taking charge of key areas of the business, sources say. And as he conducts a vast review of Tesco’s operations to come up with a strategy to revive its fortunes, he is giving little away – even to insiders.

  • MPP to build 20 new Hypermart outlets in Indonesia

    MPP to build 20 new Hypermart outlets in Indonesia

    Matahari Putra Prima, the operator of the supermarket chain Hypermart, is setting aside up to IDR882 billion (USD71 million) to beef up its retail network next year in another sign of confidence for the country’s burgeoning middle class.

    Danny Kojongian, a director at Matahari Putra Prima, said that the listed company aims to build 20 new Hypermart outlets and renovate 10 existing outlets next year. The 20 additional outlets will primarily target cities in the eastern region of Indonesia, he added.

    Danny said that there are also plans to build up to eight additional stores for grocery market chain Foodmart, as well as a high-end version of the grocery market chain next year, which will be called Foodmart Primo.

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  • Carl’s Jr. to re-enter Japan, aim for 150 burger bars nationwide

    Carl’s Jr. to re-enter Japan, aim for 150 burger bars nationwide

    US hamburger chain operator CKE Restaurants Holdings Inc. said on Friday it will open a Carl’s Jr. outlet in Tokyo next year before a nationwide rollout that will represent its second stab at the Japanese market since 1989.

    Its local partner will be Tokyo-based Mitsuuroko Group Holdings Co., whose main business is providing gas and power. Mitsuuroko said Friday it had set up Carl’s Jr. Japan Inc. to run the restaurants.

    CKE Restaurants said the first store will open in Tokyo next fall and that it aims to open 150 nationwide in the next 10 years.