News
Deliveroo posts 104% jump in vegan orders in 2020 YTD
An increase in the number of vegan restaurant partners has also been seen.
Deliveroo posts 104% jump in vegan orders in 2020 YTD
An increase in the number of vegan restaurant partners has also been seen.
DFS Group exits Changi Airport's liquor concession
South Korea-based Lotte Duty Free will take over the concession.
Luckin Coffee sacks CEO and COO after sales fraud
The sales amount associated with the fraud hit $310m.
Deliveroo rolls out tipping function
This will match the first 10,000 customer tips until 1 June.
Locals to dominate China's consumer spending
Luxury and cosmetics segments are tipped to benefit the most.
7-Eleven to open first Cambodia store in 2021
It signed a master franchisee agreement with CP ALL, which operates 7-Eleven in Thailand.
Japanese apparel chains' sales tipped to fall 50-60% in April
Ecommerce channels are not enough to buoy sales.
Japan's top apparel chain sales tipped to fall 50-60% in April
Ecommerce channels are not enough to buoy sales.
Check out Asia's top homeware retailers in 2020
The award’s global honorees come from Australia, Japan and Thailand.
Hong Kong's retail sales crashed 42% to $2.97b in March
Jewellry, watches and clocks and valuable gifts saw the sharpest decline.
Singapore retail sales down 13.3% to $3.3b in March
Declines in retail industries selling discretionary items have widened.
Hong Kong's household spend to contract 5.2% in 2020
Some food service chains have reduced operating hours.
Great Singapore Sale 2020 cancelled amidst pandemic
It was originally planned to be held from 29 May to 28 June.
Esprit Holdings shuts all Asian stores outside China
The 56 stores contributed to less than 4% of its 9M FY2020 revenue.
Hong Kong stamps over $1.5b in subsidies for retailers
Around 19,000 applications were accepted in the subsidy scheme.
Supermarket chain Sheng Siong Group's profit surged 49.4% to $20.49m in Q1
The group saw elevated demand as more people ate at home.
Dairy Farm's beauty and convenience business takes hit in Q1
Movement restriction policies led to store closures in China.