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McDonald's open 1500 outlets in China, S Korea, HK

McDonald's Corp is on a global turn around spree, it is planning to open 1500 new outlets in China, South Korea, and Hong Kong as they are faster growing markets. McDonald's Corp, based in Oak Brook, Illinois, is rebuilding its...

McDonald's to compete Starbucks loyalty program

Fast food chain McDonald's is building a loyalty program where it will be rewarding customers on the basis of number of visits they make every month. The program will be integrated through the smartphone app which will also track customer...

The globalisation of Indian-owned restaurants

In recent years, India has become a high-priority market for the global food service industry. In the past few months alone, marquee International brands like Burger King, Wendy’s, Carl's Junior, etc. have pitched their tents in the country. These...

Global retailers bounce back amid slowdown

At a time when retailers across the globe are shaken due to the slowdown in China, some are pulling up their socks and taking new and improved measures to combat the downturn. McDonald’s Corp for instance plans to open...

Homegrown QSRs lag behind foreign chains

The F&B service industry is one of India's most vibrant industries with over 25 per cent yearly growth. The Indian food and beverage market, estimated to be over Rs 2 lakh crore in size, may nearly double to touch...

Coca Cola looks to boost Georgia market share, moves business to bottling division

Coca-Cola India Pvt Ltd has moved the Georgia Tea and Coffee business to its bottling division Hindustan Coca-Cola Beverages Pvt Ltd (HCCB). Under this, the manufacturing and distribution of Georgia will now be handled across the country by HCCB,...

Wendy's to sell only quality burgers in India

Wendy's, the world's third largest burger chain, has opened its first store in India today. The Columbus, Ohio-headquartered burger chain, is banking on quality rather than quantity to sell its burgers in India. Wendy's burgers will sell at Rs...

Amit Jatia

Vice Chairman Westlife Development Ltd Amit Jatia is the Vice Chairman of Westlife Development (WDL). He also serves as a Board Member on Hardcastle Petrofer Pvt. Ltd., and the Vice Chairman and CEO of Hardcastle Restaurants Pvt. Ltd. Westlife Development is...

Burger King Opens at Select Citywalk Mall, Delhi

Burger King has recently opened its first outlet in India at the Select Citywalk Mall, Delhi. Burger King is an American fast food chain, known for its iconic Whopper Burger. Burger King has entered India at a time when international...

Hardcastle to invest Rs 850 crore to increase footprint

Hardcastle Restaurants, McDonald's franchisee for West and South India operations, plans to add 250 outlets with proposed investment of Rs 850 crore over next 3-5 years as media sources has reported. Highlighting the growth plans the company has said in...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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