Tag Archives: food and beverage

Jollibee plans 25 UAE stores by 2020

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(Source: Inside Retail Asia | July 26, 2018) Philippine fast-food chain Jollibee plans to open 25 UAE stores by 2020. Describing the UAE as “a key market” in its regional development plans, Jollibee has already opened a 12th store in Al Ain Mall and is preparing two other mall locations in Abu Dhabi and Dubai. It has also updated its ...

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SSI to open first Shake Shack burger joint in PHL in 2019

shake shack

(Source: Business Mirror| July 18, 2018) Retailer SSI Group Inc. on Wednesday said it is bringing Shake Shack burger joint to the Philippines, as the company digs deeper into the restaurant business. The company said it entered a development and license agreement with US firm Shake Shack Inc. to open its burger joints in the Philippines, opening its first store ...

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5 awesome facts about shopping in the Philippines

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(Source: GMA News Online | July 12, 2018) From a place to get your essentials to your main source of entertainment, malls prove to be vital institutions in the Philippines. Shopping has become more fun in the country, thanks to the growth of the industry and its patrons. Put more meaning into the fun activity with some facts that may ...

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Starbucks has announced plans to eliminate plastic straws globally by 2020.

starbucks

(Source: Inside Retail Asia | July 10, 2018) According to a statement released by the brand, Starbucks’ focus on adapting to consumer trends has led it to take notice of the “tremendous momentum” of the global movement to eliminate plastic straws. “Going strawless is the right thing to do for our environment, our partners and our business,” the statement read. ...

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From Mang Donald’s to Bigg’s: Bicol restaurant chain has big plans ahead

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(Source: ABS-CBN News | July 1, 2018) Big plans and big dreams. That’s what the Bicol-based Bigg’s Diner group has in store for the next two years. Bigg’s Diner is the brainchild of three enterprising ladies — Teresa Buenaflor, Maricar Manjon, and Nena Centenera Bichara — back in 1983. It started as a small kiosk called Mang Donald’s that served ...

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DTI zeroes in on energy drinks for sugar labeling

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(Source: Business World | July 5, 2018) The Department of Trade and Industry (DTI) has identified energy drinks as one of the products that it wants to label “High in Sugar” under proposed new labeling rules. Trade Secretary Ramon M. Lopez said the DTI has recommended to the Food and Drug Administration (FDA) the inclusion of information on sugar content ...

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Pancakes to burgers: IHOP suffers backlash in name change

IHOP

(Source: ABS-CBN News | June 12, 2018) After tantalizing fans for a week, IHOP, the ubiquitous blue-roofed American chain which promises pancakes 24 hours a day, said Monday it was changing its name to IHOb — International House of Burgers — in a ploy to expand its market image beyond breakfast. The move sent pancake breakfast lovers into a furor ...

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Costs up, but golden topping for Shakey’s Pizza

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(Source: Inside Retail Philippines | May 18, 2018) Pizza parlour chain Shakey’s Pizza Asia Ventures grew its first-quarter net profit by 6.4 per cent to PHP184 million (US$3.5 million), even as higher input costs tempered the impact of double-digit growth. Shakey’s grew its first-quarter systemwide sales by 10 per cent to PHP2.2 billion. This was mainly attributed to a 2 percent growth ...

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Nestle to pay US$7.1 billion for global Starbucks rights

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(Source: Inside Retail HongKong | May 8, 2018) Nestle is to pay Starbucks US$7.1 billion for the global rights to sell and distribute Starbucks products outside cafes. The Starbucks rights deal includes Seattle’s Best Coffee, Starbucks Reserve, Teavana, Starbucks VIA and Torrefazione Italia packaged coffee and tea in all global at-home and away-from-home channels. And the Starbucks brand portfolio will ...

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BreadTalk Group to broaden brand mix as bakeries feel the pinch

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(Inside Retail Asia | May 4, 2018) Diminished returns from BreadTalk Group’s bakeries in Hong Kong and Mainland China saw the division’s sales slip 4.5 percent in the first quarter of this year. However, group revenue rose 0.5 percent to S$148.5 million (US$111.55 million) as other divisions compensated. And on a like-for-like basis, BreadTalk’s core food and beverage business posted ...

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