Food Services

McDonald's to shut down sites at Sinchon, SNU subway stations

The McDonald’s outlet at exit 3 of Sinchon Station, Seoul will permanently close on April.

Weekly Global News Wrap: Starbucks US taps digital menus; Flippy stops working after two days; McDonald's US launches fresh beef

Here is a summary of the most interesting QSR news stories of the week from around the world.

Jumbo Group debuts Tsui Wah into Southeast Asia

The move is line with the Group’s plans to expand restaurant brands and network to strengthen Singapore presence.

QSRs need to absorb more of the delivery fee, argue delivery firms

Food chain operators and delivery heavyweights clashed over delivery fees as each side blamed the other for lack of profitability.

Higher minimum wage pushes fast food price surge

The minimum wage jumped from 6,470 won ($5.99) per hour last year to 7,530 won ($7.08).

Jumbo Group net profit crashed 19.2% to $2.1m in Q1

It cited the increase in the number of outlets and expansion of the PRC corporate office.

Indonesia's Go-Jek raises $2b for expansion and digital investments

It has raised a higher than targeted $1.5b in a fundraising round.

Two in three online meal orders based on promo pricing

And snacking at the office rather than lunch or dinner is the fastest growing segment for online food ordering in China.

McDonald's Japan net sales bolster 11.2% to $2.4b

Under the leadership of CEO Sarah Cassanova, the fast food giant began to focus on improvements in the quality of food, promotions, service, and...

Global News Wrap Up: Jollibee raises stake in Smashburger; Taco Bell's CEO steps down; Chicken and chip shortage hits KFC UK

Here is a summary of the most interesting QSR news stories of the week from around the world.

Starbucks Japan taps in to coffee machine leasing

It is leasing office-use machines that brew "the same coffee that is served at its outlets".

Jollibee's profit soars 15% to $136.3m

The fast food giant opened 465 stores in 2017.

Prosecutors refute charges against McDonald's Korea

The prosecution said there was no sufficient evidence to back the beef contamination issue.