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7-Eleven opens its 71,100th store

Jul 15, 2020  | 

7-Eleven, Inc.‘s milestone 71,100th store has opened in Seoul, South Korea, with shops in India and Cambodia scheduled to launch next. The international convenience store franchise, which was founded in Dallas, Texas in 1927 by ‘Uncle

Starbucks to open first bakery cafe in South Korea

Jul 15, 2020  | 

Starbucks, marking its 21st year in South Korea with more than 1400 stores across the country, will open its first bakery cafe this month. Starbucks Korea, the local unit of the US coffee giant, plans to

When the Crisis Hit, Church’s Chicken Put its People First

Jul 13, 2020  | 

Taking care of franchisees and employees started on day one. CHURCH’S CHICKEN Church’s new Campfire Smokehouse Chicken is available as a family meal to meet pandemic needs. Church’s Chicken’s reopening guide was hardly a bulletin you

FamilyMart Japan subject of US$5 billion takeover bid

Jul 9, 2020  | 

Japanese convenience-store chain FamilyMart will be sold outright to local trading company Itochu, according to reports by Nikkei and Bloomberg. The buyer, which currently holds 50 per cent of FamilyMart business, made the decision to fully purchase the chain

QSR chain Pepper Lunch sold to investment fund J-Star

Jul 9, 2020  | 

Japanese restaurant operator Pepper Food Service is selling its profitable Pepper Lunch chain to J-Star investment fund for US$79 million. According to a Nikkei report, the sale is expected to provide a much-needed cash injection to

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