News
New Zealand’s foodservice sector to profit in 2020-2025
New Zealand’s foodservice sector to profit in 2020-2025
Chain operators are especially expected to grow at a higher rate.
South Korea’s food companies ramp up online direct sales
CJ Cheiljedang and Hy saw a sales surge from their direct sales initiatives.
China aims to speed up domestic store openings by 2025
The country is targeting a 5% retail sales growth by 2025.
McDonald’s launches Minions-themed products in India
This came as its restaurants offer special deals to vaccinated customers.
Dada Group customizes Intra-City Delivery service for merchants
It now offers long-distance delivery services for LBX Pharmacy.
Indonesia’s retail recovery hinges on vaccine rollout: report
Consumer confidence and retail sales remain below pre-pandemic levels.
Weekly News Wrap: Retail spending lags in parts of Asia; Bukalapak's $1.1b IPO covered on launch day
And the top shareholder of department store chain Myer kicks off board reshuffle talks.
Malaysia’s foodservice sector sees rising transactions
More consumers are looking to takeaway food.
Outlet digitalization fuels Philippines’ foodservice growth
Consumers will experiment with different dining options as economy recovers.
South Korea’s retailers brace for summer heat
Some have upgraded their cold-chain logistics system.
APAC hailed as largest F&B stores market in 2020
Globally, the market is expected to benefit from a steady economic growth.
Shinsegae and Lotte backs out from Yogiyo takeover
This leaves private equity funds competing for the food delivery app.
E-Mart 24 mulls ramping up semi-unmanned stores
It currently has 150 hybrid stores across South Korea.
Weekly News Wrap: Japan’s vaccination efforts boost retail sector; Dingdong raises $95.69m in US IPO
And France probes Uniqlo over concealing Xinjiang involvement.
What does ‘gold standard’ mean for Asia’s payments and e-commerce scene?
The market’s diverse challenges open the door for solutions that tackle country or region-specific issues.
Suning’s Retail Cloud launches 247 stores in 618 festival
The company opened 214 new stores in May.
KKR buys stake in India’s Vini Cosmetics for $625m
The beauty brand has 700,000 points of sales in the country.
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