Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Can your cat recognise you by scent? New study shows it’s likely 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
The ghost of Robodebt – Federal Court rules billions of dollars in welfare debts must be recalculated 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Office design isn’t keeping up with post-COVID work styles - here’s what workers really want 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
Yes, government influences wages – but not just in the way you might think 
Parents abused by their children often suffer in silence – specialist therapy is helping them find a voice 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Kura Sushi, the renowned conveyor-belt sushi chain, announced plans for its global expansion with three new outlets, two in Massachusetts and one in Shanghai, signifying a pivotal step in its ambitious strategy to establish 400 international locations, including 100 in China, over the next decade.
Kura Sushi's latest expansion delivers three new restaurant locations—in Shanghai and two in Massachusetts—to add fuel to the rocketing demand for this delicious, nutritious, and distinctly Japanese cuisine.
The restaurant chain, looking to enrich sushi devotees further worldwide, is set to dominate the sushi scene with 400 international locations, including 100 in Mainland China, over the next decade. Following the grand opening in Shanghai, Kura Sushi plans to introduce two more locations next month and later this year.
Industry research leader GlobalData estimates continuous, explosive growth in the domestic food service sector, reaching a 10% value compound annual growth rate (CAGR) from 2023-2027. According to Bobby Verghese, consumer analyst at GlobalData, "Japanese food service operators are setting their sights on bluer oceans abroad, particularly larger overseas markets with high-spending crowds, such as China and the US, which offer more dollar revenue opportunities than Japan. By expanding overseas, these operators can thereby accelerate their post-Covid-19 recovery and ensure long-term business continuity."
While Japan reigns as the larger market for sushi QSRs, the Chinese sushi scape is expected to catch up in the coming years. Tim Hill, key account director at GlobalData Singapore, reports, "However, any fresh geopolitical conflicts between Japan and China can mar the performance of the Chinese outlets."
Kura Sushi has a long history of exceeding customers' expectations with a blend of technology and gastronomy. Kura Sushi's state-of-the-art technology replaces the traditional server-customer interaction with a revolutionary approach. Instead, customers can enjoy the experience by grabbing plates directly from the conveyor belt or ordering through an interactive touchscreen, automatically selecting their dishes to have them delivered to their table.
Adding to the extraordinary experience are the Kur-B robots, who deliver drinks to customers' tables. Winning rewards is made easy, with customers depositing plates directly into tableside slots to win exciting prizes.
With an innovative pricing model, Kura Sushi ensures everyone can enjoy their dream sushi without breaking their budget. All sushi plates are priced the same, at $3.70, while other dishes, such as ramen, udon, and chicken, may vary in price.
Photo: Vinicius Benedit/Unsplash
