Food & Beverage
Pie Face stores have begun to close in NSW and Victoria, a week after the fast-food chain's collapse and fulfilling the bleak predictions of franchisees.
The closures have been confirmed by administrators Jirsch Sutherland, although the precise number is yet to be revealed.
Sources said administrators had closed five company-owned stores in Melbourne on Thursday. "They have pretty much closed all the company stores in Melbourne. They have already closed five stores today."
Convenience store operator Seven-Eleven Japan Co. will take on the nation's doughnut chains next year by selling its own brand at store counters next year, sources said.
Temperature-controlled containers will be installed at the cashier counters in 17,000 stores nationwide, the sources said on Thursday. The doughnuts will sell for around JPY100 (USD0.8) each.
Oishi Group Plc is in talks with a giant retail company in Japan to supply food to the Japanese supermarket chain next year. The move is part of its plan to drive overseas sales to THB3 billion (USD91.4 million) by 2019.
A likely rise in urban sales by the third or fourth quarters of this financial year has brought cheer back to executives in the Rs 2.5 lakh crore fast moving consumer goods (FMCG) market. However, this does not seem the case with fast food chains or, as they’re termed, quick service restaurants (QSR).
Michigan-based pizza-delivery franchisor Domino's Pizza is planning to open stores in an "aggressive phase" as it aims to make a bigger footprint in the growing Indonesian market.
Speaking at the launch of a new outlet at Tangerang City Mall, Banten, Domino's Pizza international president Richard Allison said he aimed to open pizza restaurants in many more cities in Indonesia. The new outlet, which adopts an open kitchen concept, brings the number of Domino's outlets in the country to 58.
The French Baker, a pioneering store concept in the Philippines offering European style breads in the mass market, recently celebrated its 25th anniversary.
“It was in 1985 when I travelled to Europe for the first time that I fell in love with Paris and her baked goodies. Since then I’ve dreamt of doing the same so that I can impart a similar experience in the Philippines,” shared Johnlu G. Koa, professor turned entrepreneur, and now Founder and CEO of The French Baker.
The Fisherman’s Dirty Wife—a pizza topped with anchovies, spinach and chili lime drizzle—might not be to everyone’s taste. But it is among tens of thousands of customer-inspired culinary concoctions helping Australia’s Domino’s Pizza Enterprises Ltd. go after a bigger slice of the global fast-food market.
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The value of total receipts of Hong Kong’s restaurant sector, provisionally estimated at USD25.3 million, was up 4.8 percent in the third quarter of 2014 compared to the same period a year earlier.
The Census and Statistics Department (C&SD) said over the same period, the provisional value of total purchases by restaurants increased by 2.9 percent to USD8.6 billion.
Starbucks is bringing a new lineup of Starbucks Reserve coffees and an interactive coffee bar to seven stores in Beijing, Shanghai, Guangzhou and Shenzhen.
Every year Starbucks coffee buyers travel to coffee-growing regions to find and purchase some of the world’s finest arabica coffee beans. Starbucks Reserve coffees offers these to its customers around the world.
McThai Co, the local operator of the McDonald's fast food chain, will increase its investment budget by 25 percent to THB900 million (USD27.6m) to expand business in Thailand next year.
The budget will be used to open 27 new McDonald's restaurants across the country next year, bringing the total outlets to 238. The expansion is expected to drive McDonald's sales to a double-digit growth rate in 2015, said chief marketing officer Petcharat Uthaisang.