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𝐅𝐫𝐚𝐧𝐜𝐡𝐢𝐬𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐢𝐧 𝐂𝐳𝐞𝐜𝐡 𝐑𝐞𝐩𝐮𝐛𝐥𝐢𝐜 𝐚𝐧𝐝 𝐒𝐥𝐨𝐯𝐚𝐤𝐢𝐚: 𝐀 𝐒𝐧𝐚𝐩𝐬𝐡𝐨𝐭 🌐 As the MD and Co-founder of V#Dining, I'm thrilled to share insights into the dynamic world of franchising in the Czech Republic and Slovakia. 𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬: The franchising landscape in CZ and SK is witnessing a notable shift towards diverse and innovative concepts. While traditional sectors like food and beverage continue to thrive, there's a growing interest in health and wellness, tech-driven solutions, and sustainable business models. Adapting to consumer preferences, particularly the emphasis on experience and sustainability, has become a key trend. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Several established and emerging players are shaping the franchising scene in the region. From globally recognized brands to local success stories, the market boasts a mix of offerings. Notably, the food and beverage (McDonald's, Subway, Starbucks) sector remains robust, with an influx of international concepts finding resonance among consumers. Keeping an eye on these key players can offer valuable insights for aspiring franchisees. 𝐇𝐨𝐰 𝐭𝐨 𝐒𝐭𝐚𝐫𝐭: For those considering venturing into franchising in CZ and SK, a strategic approach is paramount. Begin by conducting thorough market research to identify gaps and opportunities. Seek professional guidance to navigate legal and regulatory frameworks. Networking with existing franchisees, attending industry events, and leveraging local business support networks can provide crucial insights. Additionally, understanding the cultural nuances of these markets is integral to successful entry and sustained growth. 𝐅𝐫𝐚𝐧𝐜𝐡𝐢𝐬𝐢𝐧𝐠 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: The franchising ecosystem in CZ and SK is characterized by its resilience and adaptability. With a mix of international and local players, there's a collaborative spirit driving innovation. Franchise associations play a pivotal role in fostering best practices, providing resources, and creating a supportive community. The emphasis on technology adoption, coupled with a commitment to quality and customer experience, defines the essence of the current ecosystem. Let's shape the future of the industry together! 🚀🌍 #FranchisingTrends #CzechRepublic #Slovakia #Entrepreneurship #BusinessOpportunities

F&B index ranking 2023 by Decision Lab. Vietnam has been not an easy market for big brand franchise business with high rental costs compared to the average spending amount per person. As the current recession market, those brands start to see relatively reasonable rental prices and more vacant space in the market. The luxury sector has been in a very difficult time but those brands with reasonable prices might enjoy a recession. 😁 KAMEREO #vietnam #franchise #branding #fandb

[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 is making a bold move into Europe, with the UK high on the list! Over the next six years, the iconic convenience store chain plans to expand into 10 new countries, focusing on Europe as its top priority. 🌍 Starting in 2024, 7-Eleven aims to enter two new markets each year, evaluating 20 countries for their potential. They’re considering two models for expansion: partnering with local master franchises or engaging in joint ventures and acquisitions. Both strategies are designed to leverage existing networks and infrastructure to bring the 7-Eleven experience to new regions quickly and effectively. With a global goal of reaching 100,000 stores by 2030, 7-Eleven is poised for significant growth. This includes revisiting the UK, where they previously operated over 50 stores in the 1980s. https://buff.ly/3Ra0Yds 🛒✨ #7Eleven #Expansion #ConvenienceStore #GlobalGrowth #UK #Europe #RetailNews

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

7-Eleven is making a bold move into Europe, with the UK high on the list! Over the next six years, the iconic convenience store chain plans to expand into 10 new countries, focusing on Europe as its top priority. 🌍 Starting in 2024, 7-Eleven aims to enter two new markets each year, evaluating 20 countries for their potential. They’re considering two models for expansion: partnering with local master franchises or engaging in joint ventures and acquisitions. Both strategies are designed to leverage existing networks and infrastructure to bring the 7-Eleven experience to new regions quickly and effectively. With a global goal of reaching 100,000 stores by 2030, 7-Eleven is poised for significant growth. This includes revisiting the UK, where they previously operated over 50 stores in the 1980s. https://buff.ly/3Ra0Yds 🛒✨ #7Eleven #Expansion #ConvenienceStore #GlobalGrowth #UK #Europe #RetailNews

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

Retail firms keep struggling with eroding profit margins and intensified competition. The Body Shop’s UK business has collapsed into administration, raising the prospect of store closures and job losses at one of Britain’s best-known beauty retailers. The ethical cosmetics chain faced a long period of challenging trading conditions and increased high street competition. Albeit Aurelius had only recently acquired the firm, the decision has been made following an attempt to rightsize it and selling international franchises across Europe and Asia. #Europe #retail https://lnkd.in/esjwqPdt

Thrilled to have witnessed Kevin Peng insightful keynote at the Future of Retail Conference in Athens! As the President of the China Chain Store & Franchise Association, Kevin masterfully highlighted China's monumental strides in retail over the past two decades. A standout fact from Kevin Peng's presentation is the explosive growth of e-commerce in China through innovative platforms, notably the rise of short video platform e-commerce. Remarkably, platforms like TikTok achieved $300 billion in sales within just two years—a milestone that took giants like Alibaba and JD.com nearly a decade to reach. This illustrates not only the rapid adoption of digital commerce in China but also the significant impact of integrating social media and entertainment with retail, reshaping how consumers interact with brands and make purchases. Thanks for hosting us Milena P. and team at the ESEE - Hellenic Confederation of Commerce & Entrepreneurship - Hellenic Confederation of Commerce & Entrepreneurship.

Working on some super exciting research ("Skin in the Game: Learning from Organizational-form Decisions in Retail") about franchising with talented master's student, Zanliang Meng. This work is an intersection of my past research on franchising strategies (https://lnkd.in/eXDTrtGp) and learning-from-competitors in retail (https://lnkd.in/epFZuBJB). Here's a sneak preview! #Franchising #Retail #Marketing #CorporateFinance #InformationEconomics #FirmLearning