Oct 23, 2015

McDonald’s model in dying days: 30% of franchisees insolvent

For the first time in 40 years, the ranks of McDonald’s franchisees are dwindling. Many franchisees, backed by analysts, fear…
Oct 23, 2015

Honestbee secures $15m for Asian expansion

Honestbee, Singapore’s fast-growing, on-demand grocery concierge and delivery service has raised first round funding of US$15 million. And behind the…
Oct 23, 2015

European cosmetics chain heads to Asia

European cosmetics brand Stenders is about to open its first store in Singapore as part of a concerted push into…
Oct 23, 2015

Smoothie King Vietnam expansion plan

South Korea’s Shinsegae Group is to buy the Korean network of 105 Smoothie King stores and launch the brand into…
Oct 21, 2015

Jollibee takes big bite of Smashburger

Asia’s largest fast food company, Jollibee, has taken a 40 per cent stake in a fast-rising American burger chain, Smashburger for US$335 million.…
Oct 21, 2015

Corner stores still dominate Asia retail

In Asia retail, the humble corner store is an essential ally to fast-moving consumer goods in the battle for market…