Lotte Group acquires Ministop Korea after beating Shinsegae in the biddings

Jan 18, 2022 09:56 am UTC| Business Economy

Lotte Group is set to acquire Ministop Korea after it has become the preferred bidder, beating Shinsegae in the process. The South Korean multinational conglomerate corporation headquartered in Songpa-gu, Seoul proposed a...

McDonald’s UK fans protest Chicken Legend's continued absence from menu

Jan 18, 2022 09:47 am UTC| Economy Business

McDonalds fans in the UK are protesting the Chicken Legends absence from its menu despite promises that it would be back in January. One even called the burgers unavailability a national outrage. The fast-food giant...

Some Starbucks sites cut hours, limit seating as Burger King reports weaker sales due to Omicron

Jan 18, 2022 09:35 am UTC| Economy Business

Starbucks Corp. and Chipotle Mexican Grill Inc. are again closing dining -rooms or shortening hours as Burger King restaurant operator Carrols Restaurant Group Inc., Shake Shack Inc., and Dennys Corp also report weaker...

Credit Suisse’s Antonio Horta Osario resigns as chairman after violating COVID-19 rules

Jan 18, 2022 09:10 am UTC| Business Economy

Credit Suisses chairman, Antonio Horta-Osorio, has tendered his resignation this week after getting involved in a controversy. The executive was said to have violated COVID-19 quarantine policies and this lead to...

Starbucks UK launches vegan tuna sandwich

Jan 18, 2022 07:56 am UTC| Business Economy

Starbucks UK has unveiled a new plant-based sandwich, and it is simply called the TuNah Sandwich. The new vegan sandwich option has been added as the popularity of going meatless is going up fast. This means that more...

Louis Vuitton closing its outlets in duty-free shops in S. Korea

Jan 18, 2022 07:38 am UTC| Business Economy

Louis Vuitton is pulling out its stores in downtown duty-free shops in South Korea. It was revealed that the French luxury brand is closing its shops on the said locations by March 2023. In December, Louis Vuitton...

Asahi Super Dry is changing its beer recipe for the first time in over three decades

Jan 18, 2022 07:10 am UTC| Business Economy

Asahi Super Dry Beer is Japans no. 1 and best-selling beer, and now the brewery is reformulating its recipe for the first time in 35 years. Asahi Breweries announced its plan to change the beers recipe this month. The...