Tous les Jours to enter Singapore market

Quick Summary:

CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of the bakery chain brand Tous les Jours, announced on Monday that it signed a master franchise agreement with Singaporean company Royal T Group to open Tous les Jours stores in Singapore.

Following the opening of the first store, the company plans to expand its presence within Singapore and consider entering neighboring countries.

According to Euromonitor, Singapore's franchise market was valued at approximately $3.1 billion last year and is expected to grow by 6.6% annually over the next five years, reaching $4 billion by 2027.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Economy

Markets: South KoreaSingapore

Topics: Jours Countries Foodville Singaporean Company Franchise Open Tous Korea Group Singapore

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 15:48:20 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 170 words

Reading Time: 1 minutes read

Sentences: 13 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 22027512

View Article Analysis

About Korea Economic Daily

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 10 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

Publisher Details

Frequently Asked Questions