The SPC owned chain is partnering with the Italian based coffee chain, Pascucci, to open stores in the land of coffee and bakery.

The growth of the Korean manufacturing sector during the past 40 years has been remarkable, but can we say the same about the F&B sector? Fast forward to 2024, it's worth taking a look back at what F&B concepts have been successful in Korea.

They are looking to increase store count to 500 locations in the USA. Currently, there are 72 company-owned Jollibee locations there. Foreign restaurant brands have historically performed poorly in the US market and a brand with a Filipino heritage is not exactly a household name outside of Asian communities.

I was truly surprised after reviewing the 2023 financial results for Luckin Coffee. The company did far better than I expected given the intensely competitive and price-sensitive coffee market in China.

There are many attractive reasons for considering the franchising model but all too often restaurant operators think it is a panacea for their long term success without recognizing all the pitfalls. Let’s discuss here both the pros and cons of franchising to see it is the right model for your business.

There has been a lot of discussion the past few years regarding virtual brands and their role in the restaurant industry. Some people viewed them as one of the solutions to declining restaurant sales as a result of the pandemic, while others felt they would be a distraction in the kitchen and likely cannibalize normal business. Now that we have witnessed 3+ years of this virtual brand experiment, we can safely make some general conclusions about their overall impact on restaurant operations.

There are many examples of ghost kitchens which failed all over the USA in the past 1-2 years. So, does this mean that ghost kitchens are a bad business model or are these companies just doing it wrong?

There are many examples of ghost kitchens which failed all over the USA in the past 1-2 years. So, does this mean that ghost kitchens are a bad business model or are these companies just doing it wrong?