E87 – The Impulso Podcast – Chagee reenters Singapore
Chagee has returned in Singapore (after leaving earlier this year). Their grand opening drew massive crowds, with queues stretching for over an hour.
We did...
E86 – The Impulso Podcast – Luckin Coffee opens 20,000th store
Luckin Coffee has opened its 20,000th store, in Beijing! This comes as no surprise as Luckin has been bold in its expansion, opening almost...
[Press release] Frontline turnover costs businesses US$22.6 billion annually in Southeast...
SINGAPORE, 22 July 2024 — Momentum Works and Lark have released a joint report titled “Transforming Frontline Industries: Make F&B, Retail and Hospitality Greater”,...
[New report] Transforming frontline industries
In Southeast Asia, 137 million people, 46% of the region’s workforce, are employed in the frontline sectors of F&B, retail, tourism & hospitality, healthcare,...
E76 – The Impulso Podcast – Starbucks vs Luckin in China,...
Both Starbucks and Luckin Coffee recently unveiled their Q1 2024 earnings, eliciting varied market responses.
In China, Starbucks faced a challenging quarter with comparable store...
Sam’s Club is the real winner in China’s new retail war?
In recent months, it became clear that China’s tech giants were retreating from new (physical) retail, once hailed as the future of omnichannel consumer...
How did KFC sell 190m cups of coffee in China?
In the 2023 annual report of Yum China, the country’s largest restaurant operator which runs KFC, Pizza Hut and Taco Bell franchises, one line...
E68 – The Impulso Podcast – Alibaba is giving up on...
Last week, Alibaba announced that Hou Yi, the founder of the Hema (or 'Freshippo') retail chain, will retire as CEO, to be replaced by...
