Foodservice-retail partnerships persist in tough economic conditions
The continuing trend appears a good bet for foodservice brands.
15 August 2023
15 August 2023
The continuing trend appears a good bet for foodservice brands.
The Fat Tiger brand currently operates 50 outlets across 22 Indian cities.
The multi-unit development agreement was signed with Perkins Restaurant & Bakery.
The company is looking to cut the number of new restaurants it agreed to open annually.
The lease moved Starbucks from a small neighbouring store to a bigger location with a space of 3,070ft².
Located at 4 Symonds Way, Baringa, the KFC Aura store will see a grand opening this weekend.
The company will open outlets at prime locations across Malaysia in partnership with Luna Capital Partners.
The company currently serves more than 37,000 restaurant chains.
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COVID-19 and supply chain disruptions following the Ukraine war have accelerated automation and digitalization in the foodservice sector. Home delivery services and consumer engagement through digital channels have become essential for businesses trying to stay afloat. Foodservice companies must also cope with ESG issues, the fast-changing world of work, and the global economy heading for recession and possible stagflation. The metaverse, enabled by both AR and VR, is an important tool that can help address many of the foodservice industry's key challenges.
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