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Franchise Industry
Taiwan Franchise Brands forward Nanjing, Food & Beverage brands hot
To assist Taiwan franchise companies for expanding overseas markets continuously, building brands outlets and strengthening exporting energy, TAITRA (Taiwan External Trade Development Council) organized 10 franchise brand companies together and form the "Taiwan Franchise Brands Pavilion” to participate in the China franchise Expo held in Nanjing on June 15th to 17th, 2019. Those brands are Nuttea, Countea – Royal of the tea, Bubble Z, Fried Chicken Master, Justen Tea and etc. During the exhibition, a total of 534 professional buyers visit Taiwan Pavilion, and created business opportunities of approximately US$6.07 million. "Taiwan Franchise Brands Pavilion" has a very distinctive design with industrial style, showing the unique and distinctive personality of Taiwan's various franchise brands. Brands cover those fields like tea, restaurants, unique snacks, smart integration solutions and silver-haired concerned healthy living design. Particularly, all kinds of Foo & Beverage brands based on “health & nature” attracted a large number of people. One of Taiwan exhibitor "QingMu Tian Company", developing various brand products of tea, bakery, gifts and restaurants concerned with 184-year-old Kyoto Uji matcha, met one professional buyer from Tianjin on the first day of the exhibition. The buyer originally visited this exhibition for eel items. However, after talking with "QingMu Tian Company", he decided to be a franchisee of Qing Mu Tian and plans to visit Qing Mu Tian”restaurant in Taiwan for more about the management of matcha brand. The brand of Bubble Z owned by "Chih Cheng Drink & Food Co., Ltd.” is based on Taiwan tea with the combination of Yakult, pudding, freshly squeezed fruit, freshly ground coffee, and without artificial colors, flavor and preservatives. Recent years, Bubble Z has extended to Indonesia, the Philippines and Thailand. During the exhibition, one Chinese buyer who has one Izakaya for six years in Japan visited Bubble Z and decided to become the franchisee of Bubble Z for Tokyo market of Japan. A cat with a pipe in his mouth is the image of “ Countea” brand, focusing on uniquely pearls made from natural petals. “ Countea” represents aristocratic tea with the smell of light and fragrant of flowers. Although its pearls cost a lot higher than traditional ones, pricing is easily accepted by most people. Besides Nanjing local buyers, Countea attracts other buyers from Xinjiang, Inner Mongolia, Wenzhou, Hainan, and even Toronto, Canada and South Korea. Among them, the Korean buyer has already run 200 shops of hand-pulled noodles in South Korea, and fights for winning the agency rights of “ Countea” brand in Korea. In addition to the F&B brands, another exhibitor “Yang Qin International”, running the brand of “Fried Chicken Master” with fresh, juicy and tender meat, joined the exhibition for finding partners. Yang Qin already has his flagship store extended by Nanjing regional agent. During the exhibition, there is no trial food at the booth. Instead, those buyers from Inner Mongolia, Nanchang, Xuzhou, Suzhou, etc., were directly invited to visit the Nanjing flagship store for experiencing and talking more about details. During exhibition, 6 print or TV media reporters including Jinling Evening News, Modern Express, China News Service, NBS, Yangzi Evening Post and Jiangsu News Broadcast visited Taiwan Pavilion and reported the trend of Taiwan popular chain brands. Nanjing local net-red "is a bitter orange" also visited Taiwan Pavilion exhibitors and live broadcast what she sees and what she tastes, successfully attracting 1.305 million viewers and creating high reputation.
Franchise Industry
Fantastico Opened a Store Worth 24 Million in Sofia and Plans Two More Outside the Capital
The Bulgarian chain Fantastico opened a new mini-trade center next to its old site on 204 Cherni Vrah Boulevard in the capital, and by the end of the year it will be presented in two more cities in the country. In 2019, the company is preparing to open three more sites - another one in Sofia and its first ones in Bankya and Pernik, the official announcement says. Regarding the already opened new site in the capital, the investment in it is over 24 million leva, and there are yet to be opened 50 additional jobs for the current staff. The company's site has been operating since March 7, with a total built-up area of ​​4090 square meters. There is a covered parking lot with 91 parking spaces and over 150 outdoor ones. The shopping center also has charging stations for electromobiles. There is a fresh bar and cafeteria, as well as several other shopping facilities. The store has an Easy Pay Cashier, a currency exchange office, an office of the insurance company I & G brokers and others. "The whole building consists of two main public areas: the first part, fully occupied by the supermarket" Fantastico ", will be opened in early March and the second part will have separate retail outlets such as" Subra "pharmacy, dry cleaning" 5asec Grand optics, Zora, Health Store, and others will open in the summer, "the company said. The retail chain "Fantastico" has been operating on the Bulgarian market since 1991, and to date there are 42 supermarkets in Sofia, Elin Pelin and Kyustendil. Over 3100 employees work in the chain.   Source: https://www.novinite.com/articles/195827/Fantastico+Opened+a+Store+Worth+24+Million+in+Sofia+and+Plans+Two+More+Outside+the+Capital
Franchise Industry
Shake Shack to open its 1st restaurant in Mexico City
There will be a new option for lovers of hamburgers and creamy milkshakes this summer in Mexico City when the country´s 1st Shake Shack location opens. The New York chain of casual restaurants will be on Paseo de la Reforma in front of one of Mexico City´s most iconic landmarks – the Ángel de la Independencia. Mexican restaurant operator Grupo Toks will operate the new outlet, whose exterior will be adorned with a mural by celebrated Mexican artist Claudio Limón. Toks General Manager, Juan Carlos Valverde Losada said last fall that the company plans to open 30 Shake Shack locations in Mexico. Santa Fe, Bosques de las Lomas and Polanco in Mexico City and the airports at Cancún and Los Cabos are among them. In addition to the chain´s classic burgers, fries, milkshakes and custards, Shake Shack´s Mexican location will also offer organic wines from La Lomita winery in Baja California, as well as a special menu for dogs.   Source:https://www.forbes.com.mx/  
Franchise Industry
IKEA plans to open 1st Mexico store in 2020
The Swedish chain well-known for its modern and inexpensive designs plans to open a store in eastern Mexico City in the fall of 2020 and also sell its products online, Malcom Pruys, the Country Retail Manager for IKEA Mexico, said at an event in Mexico City. IKEA also plans to target a number of other cities of varying sizes throughout the country, he added in an interview. “We are setting a reasonably aggressive expansion plan,” he said. Their 1st store will be medium-sized, offering 7,500 products and a restaurant able to seat more than 650 people, with a warehouse off-site for e-commerce. Malcom Pruys, Country Retail Manager for IKEA Mexico, participates in an event to announce the opening of the first Mexico store, in Mexico City.   Source:https://www.reuters.com/places/mexico  
Franchise Industry
27 global hotels announce entry plans over four years
Twenty-seven global hotel brands have announced plans to open new or additional hospitality facilities in Kenya over the next four years, cementing the country’s position as East Africa’s business hub. The new hotels will bring to the market 4,232 new hotel rooms by 2023, according to disclosures made in the 2019 report of Hotel Chain Development Pipeline in Africa. “Over in East Africa Kenya, Tanzania and Ethiopia continue to be the stars, much of their growth driven by international and domestic tourism,” reads part of the report. Tourism data shows there were two million visitors arriving in Kenya in 2018 compared with 1.5 million international check-ins the previous year. In addition to this, domestic bed nights for the year 2018 grew to 3.9 million, a 9.03 percent increase compared to 3.6 million in 2017. “Ranked among Africa’s top-10 fastest growing economies, Kenya represents exciting opportunities for our industry,” said Marriott International Vice President for Middle East and Africa Ibrahim Barghout early this month. He spoke during the official unveiling of Sankara Nairobi, Autograph Collection, a partnership between Marriott International and the Sankara Hotel Group. Under construction According to the Pipeline report, 67 percent of the proposed hotel rooms are already under construction with the remaining 33 percent in the planning stage. Nairobi remains the key investment destination for global hoteliers, with 3,167 rooms -- representing 74.8 percent of the total number of rooms slated for the Kenyan capital. Mr Barghout described Nairobi as Kenya’s heartbeat and East Africa’s most cosmopolitan city. "It is a good thing that we have international brands showing confidence in Kenya as a destination through their investments. We now have the bed capacity in Nairobi to allow those who bid for conferences to get them," said Kenya Tourism Federation CEO Susan Ongalo. French hospitality chain Accor has Nairobi as part of the ten key cities in Africa for hotel chain investment. "Dakar, Abidjan, Douala, Luanda, Nairobi, Dar-es-Salaam and Addis Ababa are cities where we aim to have between three and five hotels due to the size of the economy, market, long-term fundamentals and supply and demand opportunities," said Andrew Mclachlan, Radisson Hotel Group’s Senior Vice President for Development, Sub-Saharan Africa. The Radisson Hotel Group is set to open its second Radisson Blue hotel this year. Radisson, Accor, City Lodge, Hilton, Swiss International, City Blue and Marriott are some of the brands expected to grow their local footprint with new properties in the country. Kenya is currently estimated to have a total of 68 global branded hotels, a figure that is expected to increase with the current investment trend. "The international chains must have seen potential in Kenya’s tourism segment. This is something that local players can look and tap into," said Ms Ongalo. The bulk of the hotels in the pipeline are expected to open in 2021, with 1,155 rooms scheduled to enter into the market. 2019 will see 746 rooms which will include Radisson Blu Hotel and Residences as well as Pullman by Accor. In 2020 and 2023, another 455 and 350 rooms will open respectively although the timelines of the other 428 rooms is still not set.   Source : https://www.businessdailyafrica.com/news/27-global-hotels-announce-entry-plans-over-four-years/539546-5123058-n85onx/index.html

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