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Indonesia’s retail recovery hinges on vaccine rollout: report
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.
Naver backs out of eBay Korea acquisition bid
This leaves Shinsegae as the sole bidder for the e-commerce firm.
Fire engulfs Coupang warehouse
Public outcry sparked following the death of a firefighter.
Shinsegae’s E-Mart24 expands to Malaysia
Local firm UFH plans to open 10 E-Mart24 stores in the country by the end of 2021.
Rising need for convenience boosts Australia’s foodservice
Only quick service restaurants recorded growth in 2020.
Shinsegae to acquire 80% stake in E-Mart for $3.05b
It will invest over $884.36m (KRW1t) over the next four years in warehouses.
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This 11.11, the real battle lies in shopper confidence – not the biggest discount