India Retail News and Research
Jubilant Foodworks master Franchisee for Dominos and Dunkin Donuts has ambitious expansion plans to open over 100 stores per year, taking the total estimated store count to 800 stores by FY15. At the same time big players like McDonalds, Yum Brands, Subway, CCD, and other smaller and regional players also have similar expansion plans. Also, many new entrants are expected to enter this business in the coming few years.
Yum Brands (YUM US) has outlined (more…)
Speciality Restaurants Ltd promoted by the Chaterjees forms part of the organized food-service market, which is in a nascent stage and forms only ~20% of the industry. It is estimated that various categories of the organized food industry combined is growing at ~25% a year, driven by demographic and socio-economic changes such as rising disposable income, increasing number of working women and growing urbanization.
Fine-dining restaurants are at the top of the evolution of eating habits. Specialty Restaurant [SRL] Chain operates 12 different brands in this category and is favorably placed in this market. Brands of SR are as follows, (more…)