In Focus
Starbucks China sees 14% dip in Q1 sales
Starbucks China sees 14% dip in Q1 sales
The coffee giant’s global CEO acknowledged the impact of soaring inflation, higher worker costs and the impact of the Omicron variant on the business.
The Habit Burger Grill is fired up and ready to start its race to 10,000 restaurants
General manager Yang Ming Ong shares first details of the chargrilled burger brand’s strategy, and how Asia would play a critical role.
Hong Kong’s restaurants pessimistic amidst dine-in curfews, rising costs
Only 26% of restaurants surveyed said they are confident on the revenue on dine-in business in the approaching Chinese New Year period.
Papa John’s inks deal to open over 1,300 stores in China by 2040
The franchisee development agreement is the biggest in the pizza chain’s history.
2021: Year In Review
We look back at the highs and lows of the Asian multi-site restaurant industries these past twelve months.
Singapore’s F&B sales shrinks 4.5% in October
Fast-food outlets, however, saw takings jump by 10.1%.
Subway APAC president: regional growth can match U.S. foothold
In his first-ever interview with QSR Media, Eric Foo details the chain’s expansion targets and stressed their ongoing investment in digital engagement.
McDonald’s Malaysia to open 200 more outlets within five years
It is in the process of hiring 10,000 workers as part of the expansion plan.
Singapore’s F&B sales jumps 4.4% in September
Caterers experienced a jump in sales, owed to a low base last year.
How EFG is rethinking its brand portfolio to turbocharge post-COVID growth
Managing director Martin Darby elaborates on the company’s omnichannel strategy and reveals key advantages of handling brands from various franchisors.
More Hong Kong restaurants ‘optimistic’ about economy: Deliveroo survey
Nearly 54% of over 9,000 restaurants surveyed reported an increase in their dining-in revenues.
Paris Baguette ties up with Erajaya group to make Indonesian debut
It will be the chain’s fourth market in SEA.
Singapore’s F&B sales down 6.7% in August
Fast food outlets remain resilient due to higher demand for delivery.
Yum China, Lavazza lay $200m plan to open 1,000 stores by 2025
Lavazza has 22 stores in China across Shanghai, Hangzhou, Beijing and Guangzhou.
Asian consumers demanding ‘healthier, safer and more sustainable’ foods: report
QSRs are already responding to these trends.
Yum China’s Q3 profit to take 50-60% hit due to COVID Delta variant, company warns
Over 500 restaurants in 17 provinces were closed or offered only takeaway and delivery.
Singapore’s fast food outlets see larger takings despite sector’s sales dipping 5.9% in July
Total F&B services sales came in at S$630 million (US$468 million).