News

Japan's Trial Holdings to acquire supermarket chain Seiyu for $2.55b

Japan’s Trial Holdings has announced that it will acquire supermarket chain Seiyu for $2.55b (JPY 382.6b) from its current majority owner, U.S. private equity firm KKR (KKR.N), Reuters reported.

Handbags outshine luxury market as top-performing asset in 2024

Fine art, wine and whisky were the weakest performers.

Samsung Singapore launches TikTok Shop

It features livestreams by local creators.

Retail sales rebound 4.5% in January

Total retail sales were estimated at $4.5b.

Alfamart to open 200 more stores in Luzon by 2025

It had a total of 2,100 stores as of end 2024.

MR D.I.Y., Lark partner to boost international expansion

Lark will deploy its tools to over 40,000 MR D.I.Y. employees.

Hong Kong’s retail sales dip 3.2% MoM in January

Online sales accounted for 6.9% of the month’s total retail sales value.

Smart home market to hit $200.8b by 2028

Leading players include Amazon, Google, and Xiaomi.

Ayala Land invests $77.7m in four malls

The reinvention will start this year.

Malaysian consumers prioritise Halal assurance, ethical standards in brand choices

 Faith-based considerations play a crucial role in purchasing decisions.