Australia

Here is a summary of the most interesting QSR news stories of the week from around the world.

Find out what QSRs have been up to on social media this week.

Here’s why you might have seen BioPak stickers on general waste bins around south-eastern Sydney.

The coffee chain has plans to open 100 stores in the country for the next five years. The Coffee Club’s operator, Minor Food, has announced that they entered a joint venture agreement with the private equity firm Vietnam Investments Group to bring the coffee chain in Vietnam. This will be Minor’s fourth brand for their portfolio in Vietnam, following the launch of The Pizza Company, Swensen’s and Thai Express. The Coffee Club has 400 outlets across Australia, New Zealand, Maldives, Seychelles, Thailand, Indonesia and United Arab Emirates. “This is a great step forward for The Coffee Club as it makes its first entry into Vietnam. With the flourishing coffee market and favorable macro trend, we are very optimistic about the opportunity to strengthen our presence in the country and grow The Coffee Club brand nationwide,” Paul Kenny, CEO of Minor Food, said. “Together with VI Group’s proven experience and well-established platform in Vietnam, we are confident that we can replicate the same success of The Coffee Club in other markets.”

CEO Nick Keenan says the brand is eyeing to diversify its business offering.

Read the full statement here.

Trends in dining come and go, but there are certain constants in foodservice that remain unchanged.

Another store is set to open in the country by 2019.

The event aims to raise funds to give support to ill children.

The offer is proposed to be valued at NZ$9.45 per share.

The brand also revealed their plans to enhance their relationships with their franchisees.

Read the statement here. A spokesperson at Ferrier Hodgson issued a brief statement on receivers being appointed to some assets owned by Max Brenner Australia: “Stephen Parbery and Peter Gothard have been appointed as receivers over plant and equipment, the choses in action and the books and records. They have not been appointed over the entire business, it is a partial appointment only; the liquidator remains responsible for the business. They are still assessing the position and have no further comment at the stage.”

CEO Chris Mavris offers insights on “return on integrity”, franchising strategy, and their outlook for the brand in 2019.

Here is a summary of the most interesting QSR news stories of the week from around the world.

Find out what QSRs have been up to on social media this week.

The chocolate cafe chain's liquidators say they did not enter the publicised transaction with investment firm Tozer & Co.