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Taco Bell plans to open 40 restaurants in Thailand

Bloomberg US fast-food chain Taco Bell Corp is planning a spiced-up expansion in Thailand as the company grows its global footprint. The firm expects to open 40 restaurants in Southeast Asia’s second-largest economy by 2023, Liz Williams, the president of its international division, said in an interview. The first is due to open in Bangkok on January 24 and flavors ...

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Shoprite slides as customers spending slows

Bloomberg Shoprite Holdings Ltd shares tumbled as an update from Africa’s biggest grocer highlighted the pressures customers face in core markets such as South Africa and Angola, along with the effect of weaker currencies in many countries across the continent. South African supermarket sales rose 2.6 percent in the six months through December, compared with gains of 7.8 percent in ...

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David’s Bridal emerges from bankruptcy in under two months

Bloomberg America’s largest wedding gown retailer emerged from bankruptcy, just weeks after it first sought protection from creditors. David’s Bridal Inc shrunk its debt load by about $450 million and is now owned by lenders including Oaktree Capital Group. The company, which filed for bankruptcy in November, was looking to exit bankruptcy quickly to avoid scaring off brides that might ...

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