WNA Globe

World News by Wild Rose

#business expansion ร—
#1  |  Jul 17, 00:36 UTC Corporate News The Hindu ๐Ÿ”—

ITC hotels announces acquisition of 130 key operating hotel in Ahmedabadโ€™s commercial hub

The addition of this hotel would further strengthen the companyโ€™s owned asset portfolio in Ahmedabad by straddling across all the branded hospitality market segments and price points, the company said.

Five Guys to open in Beijing as more US chains hunger for success in China

American burger chain Five Guys will debut its first Beijing store next month, the company said last week, joining a group of US fast-food brands newly entering or accelerating their expansion in China. Chains including Wendyโ€™s, Chiliโ€™s, Texas Chicken and Popeyes are hoping to grab a slice of the worldโ€™s second-largest consumer market as they face saturation at home, analysts said. Five Guys opened its first China outlet in Shanghai in 2021 and drew large crowds. It plans to open three locations...

How Aldi is taking on US supermarkets with its $4 almond butter

The German supermarket's $9bn US push targets urban hubs like Manhattan. Can its discount model match Walmart?