Retail News CRM

Tag: Food

  • New nugget woes strain McDonald’s already tarnished image

    New nugget woes strain McDonald’s already tarnished image

    As McDonald’s Japan struggles to repair its image, tarnished from last year’s expired meat scandal, two new incidents related to its Chicken McNuggets surfaced in restaurants in Japan in the last week, a company spokeswoman admitted Tuesday.

    She said a piece of blue vinyl was found by a customer Saturday in a chicken nugget purchased at a McDonald’s restaurant in Misawa, Aomori Prefecture.

    The fast-food giant also admitted it had received a similar complaint by another customer who bought chicken nuggets on Dec. 31, this time at an outlet in Koto Ward, Tokyo.

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  • Site set to be ‘Alibaba’ for food sector

    Site set to be ‘Alibaba’ for food sector

    Chinese popular chain restaurants, including Shanghai Min, Waipojia and Ajisen China, will upgrade their unified e-commerce platform this year to help cut cost and improve food safety standards.

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  • Jollibee, partner to operate Dunkin’ Donuts stores in China

    Jollibee, partner to operate Dunkin’ Donuts stores in China

    Philippine fastfood giant Jollibee Foods Corporation (JFC) and its partner, Asian investment firm RRJ Capital Master Fund II LP, have sealed the deal with Dunkin Donuts Franchising LLC to operate Dunkin’ Donut stores in China.

    In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, JFC said the franchise agreement grants the newly formed joint venture firm Golden Cup Pte. Ltd. the exclusive right to develop Dunkin’ Donuts in Hong Kong, Macau, Fujian, Hunan, Jianxi, Guangdong, Hainan, Guanxi, Beijing, Tianjin, Hebei, Shangxi, Chongqing, Guizhou, Sichuan, Yunnan, Heilongjiang and Jilin.

    Golden Cup Pte. Ltd. is the joint venture company formed by Jollibee Worldwide Pte. Ltd. (a wholly owned subsidiary of JFC) and Jasmine Asset Holding Ltd. (a wholly owned subsidiary of RRJ Capital Master Fund II, L.P.).

    In an earlier disclosure to the PSE on 19 December, JFC said “the Dunkin’ Donuts deal provides the JV with an excellent opportunity to operate and expand one of the leading global coffee chain brands in the 2nd largest economy in the world.”

    JFC said it will invest USD300 million in the venture, USD180 million of which will be contributed by JPWL. In the first 12 months of operations, JPWL’s initial investment would be about USD18 million.

    As of December 2014, Jollibee operates 811 stores in the Philippines and 101 stores overseas. Dunkin’ Donuts, on the other hand, has nearly 11,000 restaurants in 33 countries worldwide.

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  • Australian shoppers flock to the Boxing Day sales despite poor sentiment

    Australian shoppers flock to the Boxing Day sales despite poor sentiment

    Retailers in Australia were delighted by a strong turnout of shoppers on Boxing Day, giving analysts further reason to suspect a turnaround in consumer sentiment.

    Myer executive general manager stores, Tony Sutton, said the crowd through the doors at the Melbourne Bourke Street store at 5am looked like its biggest in a decade.

    Accounting firm BDO reported that spending in the week before Christmas was up 13 percent on 2013. BDO national retail lead partner Simon Scalzo said the last few weeks of December had seen a shift in consumer sentiment and now more people were willing to spend.

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  • 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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