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KFC launches first artificial intelligence outlet in Beijing

Fast food restaurant chain Kentucky Fried Chicken (KFC) launched its first Artificial Intelligence (AI)-enabled cafe in Beijing, and said it plans to create more innovative and interesting dining experiences for customers. With the cooperation of Baidu Inc, China's largest search...

Social and digital marketing strategies for restaurants

Social media has shaped an entirely new paradigm in developing customer engagement. This is especially true in the case of the restaurant industry where social media helps in acquiring and interacting with the customers in real time. Over the years...

Understanding mall occupancy of leading Indian cities

In India, currently, only the top six cities have a mall stock of approximately 67 million sq.ft. Roughly 36 malls have become operational between 2012-2016. However, the last three years saw a slowdown in new malls being operationalised with developers...

Yum! Brands completes spinoff of China business; to start trading as individual company

Yum! Brands, Inc has completed the separation of Yum China Holdings, Inc (“Yum China”) from Yum! Brands and will start trading regular way as an independent company on New York Stock Exchange. Yum Brands Inc., which opened its first KFC...

14 most valuable FMCG and Foodservice brands of the world

Recently, Interbrand released its 2016 Best Global Brands report identifying the world’s 100 most valuable brands. The Top 100 brands have a combined total value of $1,796,384 million, an increase of 4.8 per cent from 2015. A division of Omnicom...

Food Court: The lifeline of a shopping centre

“All you need is love. But a little chocolate now and then doesn’t hurt.” So said famously by Charles M. Schulz. And the insight endures. Despite all the threats e-commerce has been imposing on brick-and-mortar retail, the shopping centre...

Freecharge and Travel Food Services partner to make dining cashless

Freecharge, India’s leading digital payments platform, has announced a partnership with India’s largest travel retail operator Travel Food Services . Through this association, passengers will be enabled to pay with Freecharge wallet for their food orders in a swifter...

Retail Franchising: A gateway of business expansion

Franchising is one way in which a company can take advantage of India’s vast market with a degree of control that other traditional forms of distribution can’t match...

Boom time for consumers as retailers, mobile wallets tie up

What started as convenience of payments a few years back, is slowly but gradually, turning out to be a revolution. We are talking about the mobile payments revolution, which from a mere recharge of Rs 10 or a bill...

The future of food courts in shopping malls

Gastronomic Destination for Shopaholics Food courts, mostly situated at the topmost floor of any shopping mall have been playing a pivotal role in increasing footfalls in shopping centres. Mall developers rely on them and consequently are experimenting with the tenants...
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Future Consumer narrows down Q1 loss to Rs 15.8 crore

It had reported a net loss of Rs 24.40 crore in the April-June period a year ago, according to...
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