Papa John's signs deal to bring over 1,000 stores to China
Trend alerts to assist you with your international expansion plans
· Global Franchise· January 10, 2022
Location
China — page 7
China is a location in Burnaze's franchise knowledge graph, mentioned since 2015. 236 stories link here, each summarized from the original publisher. * China's foodservice market is expected to reach $901.70 billion by 2030, presenting significant opportunities for global franchise brands [[fe922e]]. * The Health & Fitness Association is expanding its presence in the Asia-Pacific region by participating in major industry events in Thailand, Japan, and China [[24d3ce]]. * Church's Texas Chicken has announced a major expansion agreement with Deke Shengtang to bring 600 locations to China [[2be0e0]]. * Wendy's has entered into a franchise agreement to build up to 1,000 restaurants across China [[0b1ca6]]. * Franchisors must respect local norms to succeed internationally, as cultural failures can cost millions, with examples of US brands like Walmart and a quick-service restaurant brand that failed to adapt to local cultures in Germany and China [[84e153]]. * The Asia-Pacific region has the highest franchise market growth rate globally, driven by a rising middle class and young, aspirational consumers [[4bdfe2]]. * Global franchising is entering a period where demographic forces can no longer be treated as background context, with declining birth rates, aging populations, and shrinking working-age populations affecting franchise growth in countries like China [[abd2ef]].
Papa Johns Announces Historic Development Deal With FountainVest Partners To Open Over 1,350 New Stores In China
Papa John’s International, Inc. announced a partnership with FountainVest Partners to open over 1,350 new stores in China by 2040.
· Franchising.com· January 7, 2022
La Quinta by Wyndham to Launch in China with First Hotel in the Cultural Shandong Province
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· Franchising.com· December 3, 2021
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· 1851 Franchise· November 5, 2021
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· Franchising.com· October 21, 2021
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· Franchising.com· September 10, 2021
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· Franchising.com· May 21, 2021
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· Franchising.com· April 19, 2021
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· Franchising.com· January 19, 2021
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· Global Franchise· October 1, 2020
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· Global Franchise· September 29, 2020
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· Franchising.com· September 11, 2020
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· Franchising.com· September 8, 2020
Pieology kicks off Asian expansion with flagship Chinese restaurant
Trend alerts to assist you with your international expansion plans
· Global Franchise· August 6, 2020
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· Franchising.com· August 6, 2020
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· Franchising.com· July 22, 2020
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· Franchising.com· July 16, 2020
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· Franchising.com· June 26, 2020
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· Franchising.com· June 19, 2020
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· Franchising.com· June 16, 2020
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· Franchising.com· June 10, 2020
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· Franchising.com· May 5, 2020
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A guide to navigating Covid-19 on a local level, emphasizing the need for a deep understanding of market nuances and consumer sentiment.
· Franchising.com· May 5, 2020
Franchise Daily Digest: April 27
Trend alerts to assist you with your international expansion plans
· Global Franchise· April 27, 2020