Indonesia has implemented new rules that require large franchise chains to take on additional Indonesian partners and purchase 80% of their supplies from local vendors. The new rules, which could affect expansion plans for franchisors such as KFC, Starbucks and 7-Eleven, were enacted in response to an influx of chain stores and are meant to [...]
Restaurants dominated social media conversations last year, with Starbucks, Burger King and McDonald’s each generating more than 2 million comments, according to research from PQ Media/uberVU. The report also found that the top three categories — restaurants, beverages and consumer technology — generated 70% of the social media conversations in 2012.
Restaurant brands including Starbucks and Wingstop announced they will enter development agreements in Southeast Asia, targeting the region as a growing market for U.S. brands. “Consumers in emerging markets don’t view chain restaurants with the same stigma as we have come to view them in the States. In fact, they welcome and are flocking to [...]
The Caribou Coffee franchise is carving a niche somewhere between Dunkin’ and Starbucks. The chain began offering breakfast — including oatmeal — in 2010 and last year launched lunch items, including “grown-up” grilled cheese sandwiches such as Three Cheese Classic, Aged Cheddar Roast, Italian Chicken Melt and Gouda Turkey Pesto. It’s also unveiled new drinks, [...]
Which restaurant chains are valued most by Millennials for the brands’ social-responsibility efforts? Here’s a hint: Don’t waste a guess on Chipotle or Starbucks. The fast-food chain viewed by 19 to 34-year-olds as the most considerate toward the environment and employees is the throwback burger concept In-N-Out, according to new research from Technomic, says monkeydish.com. [...]