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McDonald’s sales slide in the US, but global strength minimises impact
Global comparable sales decreased 1 per cent year-on-year.
McDonald’s Hong Kong unveils Mood Engine concept
The store centrepiece is a curving installation that transforms the restaurant from dawn to dusk.
Hooters files for bankruptcy, plans franchisee-led restructure
The US company has entered into a Restructuring Support Agreement.
As Miniso conquers the world, revenue hits $2.34 billion
Miniso's gross margin has improved over the past eight quarters.
US brand Duck Donuts signs NZ master franchisee
The NZ master franchisee has Bakers Delight multi-unit experience.
Wendy’s opens 500th AsiaPac, Middle East, Africa restaurant
Further growth for the burger chain which recently opened in Australia.
Taiwanese milk tea chain Milksha opens first stand-alone store in Manila
The brand has been available in select Chowking restaurants.
Asian coffee chains reveal expansion plans
The Vietnamese chain plans at least 100 stores in the region.
US cat cafe unveils franchise model
Cat cafes have been a growing trend in the US for the last decade.
Yum Brands sacks Turkish franchisor; 537 stores shuttered
Yum Brands requires franchisees to be capable, capitalised and committed.