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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.

Tommy Gun’s hits 100 store milestone
The Canadian-born business has 13 stores in Australia.

US sandwich chain Jersey Mike’s acquired by private equity
Blackstone, which has previously invested in Hilton Hotels, has taken a majority stake in the business.

Miniso opens world’s first IP collection store
Miniso opens global first theme-park-style store in China.

Planet Fitness lifts revenue to US$292.2m
Planet Fitness has reported a revenue rise of 5.3 per cent for its third quarter ending 30 September; revenue increased ...

TGI Fridays in US files for Chapter 11 bankruptcy
Restaurants are not part of the bankruptcy process and continue to trade.

Wendy’s profits slip, sales growth slows, store footprint reset
US fast food chain Wendy’s reported a dip in profits, and a slower sales growth for the third quarter of 2024. The burge...