Operations
Jollibee’s profit spikes 1,400% in Q1 due to asset sale
System-wide sales, including those from franchised locations, rose 25.5%.
Jollibee’s profit spikes 1,400% in Q1 due to asset sale
System-wide sales, including those from franchised locations, rose 25.5%.
Starbucks Korea to start electric vehicle operations in Seoul
The chain plans to roll out the initiative nationwide.
Yum China launches ‘green’ KFC stores in Beijing, Hangzhou
The company expects the Green Pioneer Stores are expected to further cut GHG emissions.
Subway brings back Costa Coffee to Singapore after three-year hiatus
The move is part of the chain’s latest campaign to get a larger share of breakfast.
Milksha to open first Brisbane site
This is the second Australian outlet for the chain, which has over 240 outlets across markets.
Jollibee opens 150th store in Vietnam
The country is one of the brand’s most important markets, according to their group CEO.
Jumbo Group opens second franchised outlet in Vietnam
The new restaurant is also the largest outside of Singapore.
Shakey's opens first Singapore store
The chain is focused on delivering “sustainable long-term growth.”
McDonald’s, Starbucks to shut down Russia operations
The QSR giants join a list of brands that are suspending any presence in the country during its invasion of Ukraine.
Café de Coral to suspend dine-in services amidst fifth COVID wave in Hong Kong
Affected stores will remain open for takeout services only until further notice, the company said.
Jollibee opens first store in Vancouver
This is the Philippine brand’s 23rd store in Canada.
McDonald’s Korea raises prices in response to inflationary pressures
Prices of some bestsellers will remain unchanged.
Jollibee earmarks U$347m in capex after going back to profitability
The company, which has 17 brands in 34 countries, plans to add 500 new stores this year.
McDonald’s Indonesia halts large fries sales due to supply disruptions
This follows similar announcements in Japan and Malaysia.
The Habit Burger Grill to open fifth restaurant in Cambodia
The chain opened its first location in Cambodia in October 2020.
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...
Burger King set to reach 150 restaurants in Japan
The brand expects to increase the number of stores in Japan to 200 in 2023.
