Stores

Starbucks’ Russia exit opens expansion opportunities in Asia: report

Starbucks followed Mcdonald’s move to withdraw operations in Russia. 
7 hours ago

Starbucks’ Russia exit opens expansion opportunities in Asia: report

Starbucks followed Mcdonald’s move to withdraw operations in Russia. 
7 hours ago

Vietnam retail sales rises 6.5% in first 4 months

Fitch Solutions noted the country already steered clear of the low base effects.
1 day ago

Consumer spending in Vietnam to see ‘solid’ growth in 2022

This follows a 1.8% YoY growth seen in 2021.
1 day ago

Philippines’ Max’s Group profit nearly doubles in Q1

Its revenue jumped by 18% to P2.17b.
4 days ago

India’s retail inflation to hit 6% in 2022: GlobalData

This follows the ban on wheat exports India imposed.
5 days ago

Starbucks Korea vows to recycle all coffee grounds by 2027

Coffee grounds were reclassified as recirculation resources last March.
6 days ago

AllDay Supermarket profit climbs 33% in Q1 despite Omicron threat 

Its net profit stood at P95m (approx. US$1.8m), up from P71m (US$1.3m).
6 days ago

India’s Big Bazaar maintains lead with boost from young shoppers, online investments 

GlobalData reported that 59% of Indian consumers shop at Big Bazaar.

Shakey’s PIZZA more than doubles net income to P76m in Q1 

This was driven in part by a strong resurgence of dine-in sales.

Carousell to acquire Singapore’s Refash

The acquisition will simplify the selling process for time-starved users.

JFC net income skyrockets to $43.9m in Q1 2022

The increase from $2.9m in Q1 2021 is backed by property transfer and sales.

Subway, Pegacorn ink agreement for expansion in Peninsular Malaysia

Around 500 Subway stores will be opened under the master franchise agreement.

Reliance picked as official retailer of Tod’s S.p.A.

The company will be a franchisee of the shoemaker brand across all categories.

7-Eleven Hong Kong launches bags with Peanuts characters

The bag was designed by Japanese denim label FDMTL.