Adele Greenberg’s Post

🙌Food businesses in Taiwan are getting smarter and smarter. #LaMorning, a Taiwanese breakfast brand, has continued to invest operational resources in the development and application of technology in recent years. Its physical stores all use technologies such as digital ordering service apps, self-service ordering, and checkout machines to strengthen the operational capabilities of the physical stores and streamline the store's manpower needs.It aims for stores to enhance meal quality and customer service, ensure consistent deliciousness, and improve their digital operations. Learn more about #LaMorning today : https://hubs.li/Q02tTw4X0 #food #franchise #innovation #technology #Taiwan #franchising

"I get asked a lot by journalists about things like, 'Is Halia Baluvana expanding to other cities?' and 'How are franchises doing in war zones?' It's important for me that people who choose our products, whether they are consumers or potential franchisees, understand the challenges we face and how we overcome them. When I meet entrepreneurs in business communities, they are most interested in how to enter foreign markets, what to consider, and how to adapt to them. So, in a new interview for the Ukrainian Council of Shopping Centers, we discussed these very issues – the challenges and adaptation of our business. I also shared the experience of our cooperation with shopping malls. Nearly 20% of stores in both of our chains have opened in shopping malls and have excellent results. You can find the article about how we're operating now here: https://lnkd.in/dyU3fiK4

7-Eleven could re-enter the UK as it eyes European expansion "International convenience chain 7-Eleven could rebuild its presence in the UK as its parent company Seven & I Holdings looks to further expand into Europe. During Seven & I Holdings’ investor relations day last week, presentations showed that the c-store operator has plans to enter 10 new countries by 2030 with Europe a ‘top priority’, Better Retailing reported. In the 1980’s 7-Eleven had more than 50 UK stores, however these were sold in 1997 when the firm exited the market. The presentation is believes to have shown how the convenience retailer can gain a footing in new countries, such as the UK." by Cara Houlton at Grocery Gazette 7-Eleven Seven & i Holdings #retailnews #7eleven #ukexpansion

Tastee, once the undisputed leader in Jamaica’s patty industry, now finds itself lagging behind its competitor Juici Patties, especially when it comes to international expansion. While Juici has taken bold steps to expand its brand beyond Jamaica’s shores, recently securing franchise agreements in New York and receiving significant investments for its first store in the Bronx, Tastee has been noticeably absent from similar global ambitions. This lack of international presence is surprising given Tastee’s longstanding brand equity and dominant market position in Jamaica. With Jamaican food culture gaining popularity worldwide, especially in markets like the U.S. where there are significant Caribbean communities, the potential for growth is immense. By not expanding beyond Jamaica, Tastee may be missing out on lucrative opportunities to tap into new markets and grow its customer base. Several factors could be contributing to Tastee’s slower approach. They may be focusing on consolidating their dominance locally or are more cautious about the challenges and risks associated with international franchising. However, as the global demand for authentic Jamaican food continues to rise, Tastee risks falling further behind competitors like Juici, who are capitalizing on this demand. In the fast-paced world of business, brands that don’t innovate or expand risk losing relevance, and Tastee’s current hesitation may leave it playing catch-up in the years to come.

Through the agreement, FJ Benjamin Holdings LTD have entered into a three-year exclusive franchise agreement for the retail and distribution of Superdry products in Singapore and Malaysia with options to renew with The Pond Group, effective 1 June this year. Moreover, the agreement allows the group to continue operating its Superdry franchise stores in Singapore and Malaysia, and the group is looking positively to developing this business with the new owner of Superdry. #retail #southeastasia #partnership ------ -[Awards] MARKETECH APAC is launching its inaugural "Marketing Technology Awards" where we recognise the groundbreaking achievements in marketing technology, uniting the brands and tech organisations within the region’s marketing community. Learn how your brand can be a part of it by checking it more details HERE: https://bit.ly/3SVtoIa -[Industry Series] We have launched our latest industry initiative "E-commerce Marketing Series" where we aim to equip businesses with the latest strategies and insights to navigate the dynamic world of e-commerce, as well as discuss cutting-edge concepts, trends, and case studies shaping the future of online commerce. Learn how you can be part of this industry discussion by checking out more details here: https://bit.ly/4aiMEX4 -[Report] Discover the latest trends in business communication, and explore how mobile messaging channels are preferred by consumers to seek deeper connections with brands by checking out this report HERE: https://bit.ly/3RckF4z

I (Seth Gnosis) am honored to have been invited as a keynote speaker at the 2024 International Franchise Conference, held during the Taipei International Chain and Franchise Autumn Exhibition (TICFE Autumn Show) on September 20, 2024, at TWTC Hall 1 in Taipei, Taiwan. My presentation focused on the Overview and Business Opportunities of the Franchise Industry in Thailand, a market brimming with potential and innovation. In addition to my keynote address, I had the privilege of joining a distinguished panel of franchise experts: Mr. albert kong from Singapore, Mr.Jason Gehrke from Australia, and Mr. Deric Yeo from Malaysia. Together, we explored critical topics such as sustainable development strategies in the franchise industry, the challenges and opportunities posed by digital technology, and the key success factors for foreign brands expanding through franchising. Our discussion also offered valuable recommendations for Taiwanese brands looking to enter international markets. I would like to extend my heartfelt thanks to the Association of Chain and Franchise Promotion, Taiwan (ACFPT) and the Taiwan External Trade Development Council (TAITRA), Thailand Office, for this exceptional opportunity to share my insights and encourage Taiwanese businesses to explore the thriving Thai market. The relationship between Thailand and Taiwan remains strong and full of mutual potential. I am always eager to collaborate with franchise associations and industry leaders globally. If your organization is interested in deepening your understanding of franchise opportunities in Thailand or exploring cross-border strategies, I would be delighted to share my expertise. #FranchiseOpportunities #ThailandFranchise #Gnosisadvisory #SethGnosis #ACFPT #TaiwanFranchise

Being a beverage distributor in Canada is a constant battle when you’re competing against the likes of Loblaws, Walmart, Costco, and the LCBO. These massive retailers control distribution channels, leverage their scale to undercut prices, and make it nearly impossible for smaller businesses to get a foothold. But here’s the thing—I’m not here to play small. At Designated Drinks, we’re up 26% in sales in 2024. That’s a testament to the work we’ve put in to carve out a space in the non-alcoholic beverage market, even when the big players are gunning for the same slice. The LCBO’s recent expansion into non-alcoholic sales is a clear signal—they’re coming for us. But I refuse to let that stop me. What people don’t see is the grind. We’ve had to relocate our warehouse to double our space to stay competitive. We’re finding new ways to innovate, automating wherever we can and working around the clock to grow, but growth doesn’t come without its struggles. It’s tough when you’re up against billion-dollar companies. But the reality is, I’m not here to compete—I’m here to disrupt. Every win, every customer, and every new opportunity is a step toward proving that you don’t need to be a corporate giant to make a real impact. #Entrepreneurship #SmallBusiness #BeverageIndustry #BusinessGrowth #NonAlcoholic #Disruption

[FY2024/25 Q1 business updates] During the first quarter of FY2024/25, the Group’s revenue remained at approximately HK$685 million, compared to approximately HK$687 million generated in the same period last year. The Group’s core market in Hong Kong remained challenging, with continuously growing number of outbound travellers and weak consumer sentiment. The market has also become highly competitive with generous discounts offered in general. During the Period, apart from launching more innovative products and opening new stores, the Group also provided more value deals and special meal sets to drive traffic and customer spending. This, together with enhanced promotions with delivery platforms, successfully sustained revenue performance, though operating profit was impacted as a result.   Outside of Hong Kong, the Group’s franchise business is gaining strong momentum and represents an exciting avenue for future expansion. The Group’s first franchise store in Australia is underway and will be opened by the end of 2024. The negotiations with other potential franchise partners in the Southeast Asian countries are also progressing well. These franchise initiatives will allow the Group to leverage our operational expertise and established brand recognition to drive growth beyond our core Hong Kong market.   Press release: https://lnkd.in/gHy3d_ih #TJI #TamJaiInternational #TamJai #SamGor #fastcasual #firstquarter #results

7-Eleven Working On Plans That Could See It Re-Enter The UK 26th April 2024 Renewed reports suggest that global convenience giant 7-Eleven could return to the UK as part of a wider push into Europe over the coming years. According to trade publication Better Retailing, a presentation at Seven & I Holdings’ investor relations day earlier this week showed that the Japanese parent firm was looking to enter 10 new countries by 2030, with Europe described as its ‘top priority’, including the UK. Better Retailing noted that it had discovered last year that 7-Eleven has held talks with potential partners about re-establishing its presence in the UK. The brand was last seen in Britain during the 1990s when 57 stores operated under the fascia. However, it ceased trading in the country in 1997 when it sold the stores to Budgens for £5.8m. Despite rumours in recent years, the firm has yet to confirm if a return to the UK is imminent. Better Retailing said 7-Eleven outlined two models that are used to expand into a new market. The first is a master franchise agreement, where the parent company has “no direct involvement” other than consultation and logistical support. The second is joint ventures and acquisitions, which would see “direct participation” and moving global staff into the new markets to help launch the brand. The report noted that for both models, the master franchise owner, joint venture partner or acquired firm is expected to already have a network of stores, food production capability and supply chain, significantly limiting the pool of potential targets. Describing its expansion into new markets through working with existing companies in those regions, the company said it wants to “Grow 7-Eleven business rapidly with top performers”. 7-Eleven currently operates nearly 85,000 stores across 19 countries, with the company targeting 100,000 outlets by 2030. Whilst most of its sites are in Asia and the US, the brand does have a presence in Northern Europe, with stores in Sweden, Norway, and Denmark. NAMNEWS Implications: *. Anyone in doubt re the importance of this item… *. …should consult overseas colleagues re how good 7-11 can be… *. then prepare accordingly. #7-Eleven #7-11

From Adversity to Empire: The Daiso Philosophy That Changed Retail The Daiso phenomenon, under the innovative vision of Hirotake Yano, showcases a unique business model that has redefined retail success in Japan and globally. Born from humble beginnings, Yano's journey from personal bankruptcy to founding Daiso is a testament to resilience and innovative thinking. His idea was simple yet revolutionary: selling quality goods at a uniform low price, specifically ¥100 in Japan. This concept was born out of necessity, aiming to simplify the pricing and shopping process for both the retailer and the consumer. Its impact not only revolutionized consumer expectations in Japan and beyond, positioning quality goods within everyone's reach, irrespective of the economic landscape. Yano's business philosophy was unconventional yet effective. He eschewed traditional business plans and meticulous market strategies for a more intuitive approach, believing in the power of simplicity and the allure of affordable quality. This philosophy propelled Daiso into the hearts of shoppers worldwide, challenging the stigma associated with low-cost retailing. Daiso became a place where discovery and affordability go hand in hand, a far cry from the perception of discount stores elsewhere. The legacy of Hirotake Yano, who recently passed away, transcends his retail innovation. His life story is a testament to perseverance, embodying the entrepreneurial spirit that turns setbacks into stepping stones. Yano's approach – focusing on the essentials, valuing customer satisfaction, and learning from failure – offers timeless lessons for business leaders and entrepreneurs. Daiso's business model, characterized by its simplicity and focus on value, remains a benchmark in retail innovation, demonstrating how understanding customer needs and maintaining consistent principles can lead to remarkable success. In the memory of Hirotake Yano, businesses worldwide can learn from Daiso's model: that innovation doesn't always come from complex solutions, but often from the simplest of ideas, executed with a clear vision and unwavering dedication. #BusinessInnovation #RetailRevolution #DaisoLegacy #Entrepreneurship https://lnkd.in/gSKWSfMt