Retail News CRM

Tag: kitchen

  • Thailand acquisition boosts BreadTalk Turn Over

    Thailand acquisition boosts BreadTalk Turn Over

    Singapore’s BreadTalk Group has reported a year-on-year revenue increase of 6.1 percent to S$157.6 million (US$115.56 million) for its first financial quarter this year.

    The group’s net profit increased by 11.5 percent to $1.3 million over the period. Sales at BreadTalk’s bakery division rose 2.3 percent to $72 million ($52.8 million) during the first quarter with the consolidation of revenue from its Thailand bakery business, following the acquisition of the 50 percent interest in BTM from Minor Food Group. Excluding that, revenue would have been lower by 5.7 percent year on year, due to lower revenue from the directly operated stores in Beijing and the franchise business in China, partly offset by stronger revenue by the directly operated Singapore stores.

    The consolidation of the Thailand business added 47 BreadTalk outlets to the group’s direct operated store count.

    “Last year was a year of milestones for us,” said group CEO Henry Chu. “We expanded into new markets such as London with Din Tai Fung and brought our joint-venture partners Song Fa Holdings and Wu Pao Chun Food into strategic markets such as China and Singapore respectively.“With the new partnerships, we laid the foundations to diversify our business portfolio so as to achieve sustainable growth for the group.

    In addition, we embarked on efforts to increase our central kitchen production facilities in China and Thailand. The 6.1 percent increase in group revenue show that these efforts are starting to pay off,” he said.

    “Looking forward, we will continue to strengthen our presence of existing brands in key markets. We will continue to develop in talent development and the setup of our third regional office in Bangkok as we position ourselves for growth in Thailand and greater Mekong-region markets.”

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  • Kutchina opens second store in Nepal

    Kutchina opens second store in Nepal

    Kutchina has opened its second store in Kathmandu spanning across 500 sq.ft. Targeting middle and higher income group customers, the store offers complete kitchen solutions including entire range of big appliances and modular kitchen. Look and feel of the store is a mixture of Kutchina’s modern concept with a traditional touch of Nepal’s rich culture. The walls of the store are given a look of Brick Mounting which resembles traditional houses of Nepal and adds that wow factor to the store.

    Designed by in-house designers, the store highlights all the elements of the products with the use of LED and Track lights. At present, the brand has 20 stores in India and 2 in Nepal.

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  • OUE Limited takes new approach to retail

    OUE Limited takes new approach to retail

    Singapore’s Downtown Gallery has introduced three retail concepts that prioritise shopper experiences, pioneered by retail property developer OUE Limited.

    OUE Social Kitchen offers Singapore’s first communal cooking kitchen in a retail space; OUE Re:Store is an automated deli service that serves heritage food using an efficient order and pick-up system; and OUE Beauty Bar features a beauty dispensing machine.

    OUE Social Kitchen has more than 10 kitchen spaces styled by appliance brand Smeg. Users have access to an in-house chef and helpers, with cooking tips being provided on request.  Communal dining is encouraged, so the dining area can be used free for hosted meals or to interact with other users. Customers can book a space using the OUE Downtown Gallery’s smartphone app.

    OUE Re:Store allows customers to use the app to place a food order along with a preferred pick-up time. This enables CBD diners to skip lunch-hour queues. The menu was designed by chefs KF Seetoh, Malcolm Lee, Sau del Rosario and William Wongso, and offers Filipino, Indonesian, Peranakan and Singaporean dishes. Free of preservatives, the meals are packed in a four-section bento box.

    Opening this month, OUE Beauty Bar uses interactive technology and features four beauty vending machines along with a standalone virtual assistant display. Each vending machine has a touchscreen display enabling shoppers to browse, explore and choose from more than 140 skin and makeup staples. These self-service kiosks offer skincare and cosmetics from global brands including Clarins, Nars and Shiseido. Product information, videos and samples are also available.

    “We have created a version of what we imagine retail experiences will look like in future,” says OUE senior VP for retail, marketing and leasing Patrina Tan. “We will continue to invest in creating new connection points and culling real-time feedback so we can introduce better customer experiences.”

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  • Scavolini to look for new growth opportunities in China

    Scavolini to look for new growth opportunities in China

    Scavolini, a leading kitchen manufacturer, aims to continue to grow by double digits in China and is preparing to launch a new investment plan in the first half of 2017 as it seeks to turn its strongly-domestic brand into an international one.

    At a recent trade show, Chief Executive Fabiana Scavolini announced the company’s expansion plan with eight store openings to support the company’s international strategy.

    “We have interesting development plans in Africa and Asia, let alone Europe, where we will soon open a store in Madrid,” the CEO said.

    As part of the group’s international expansion, China represents a strategic market where Scavolini has been present for years and which “still offers huge opportunities (Federlegno expects design and furniture sales to increase 40% by 2019, Ed’s note), with a good distribution system and solid roots,” the top manager said.

    Scavolini opened its office in office in Shanghai in 2014 and is also present within the Diesel Living space.

    The 460-square meter Scavolini store in Changzhou, recently opened, is located inside the Red Star Macalline Furniture mall, at about one-hour train from Shanghai; it’s the only showroom in the mall visible from outside, thanks to its three big windows, and is Scavolini’s largest store in China. The Chengdu store is located in the city’s most important shopping center, along with 72 top international brands.

    By June 2017, the company will also open in Shenzhen, Hangzhou, Nanjing, Zhengzhou, Xiamen and Wuxi, for a total of 11 stores in China.

    China’s growth is part of Scavolini’s international retail expansion. Last month, it opened a new store in Boston, and a new opening is expected in New York, where the company already operates a showroom on West Broadway.

    “We have exported to the United States for more than 20 years,” the CEO said. “It’s a double-digit growth market and we are very happy with it, both when we work with final consumers or in the contract segment. We expect additional important growth in 2017,” the manager said.

    The “Scavolini Store” plan is part of a larger distribution strategy, with constant investments to grow the distribution network, especially abroad, where the group operates 300 stores, 150 of which in Europe, around 60 in Russia, 30 in North America, 20 in central and south America, another 20 in Asia and Oceania, for a total of over 1,300 stores worldwide.

    Scavolini, which employs 660, celebrated last year its 55th anniversary and reported revenues of €220 million, 20% of which originated abroad.