Stores
Shakey’s Pizza net profit surpasses pre-pandemic levels in 2022
Shakey’s Pizza net profit surpasses pre-pandemic levels in 2022
This is thanks to the rise in dine-in sales and the expansion of its store network.
Giordano sales up 6% YoY in Q1 2023
Its same-store sales registered a 16.1% growth.
Creating space for Gen Zs’ ‘personal brand’ with augmented reality
More than 3 out of 5 Gen Zs think AR will make life easier.
Century Pacific Food net income up 6% YoY in FY22
Its revenue increased by 14% boosted by its branded businesses.
IKEA owner buys 195MW solar parks in Australia
The three solar parks can generate 340GWh of electricity.
L'Oréal to acquire Australian beauty brand Aesop
The transaction will close in the third quarter of the year.
Miniso to expand to four new markets
The company also plans to revamp its stores overseas.
Toys”R”Us Asia names new CEO
The appointment of Leo Tsoi took effect on 1 April.
Levi’s launches largest store in Asia
The store is located in Bangalore in India.
Central Retail opens first 24-hour supermarket
It will also come with a Personal Shopper service.
Hot drinks sector in Indonesia to grow nearly 8% through 2027
This is thanks to increased outdoor mobility and tourism rebound, GlobalData reported.
FMCG sector firms in Top 250 retailers post 4.7% YoY revenue growth
It accounted for 63.8% of the total revenue.
What will drive hot drinks sales growth in Vietnam?
The market is expected to grow 9.1% annually.
Alibaba splits into 6 business units
Except for Taobao Tmall, the other business can raise outside capital and pursue IPO.
South Korea retail sales up 7.9% in February
The operating days during the Seollal holidays helped boost sales.
Thai restaurant tops Asia’s 50 Best Restaurant
A total of nine restaurants from Bangkok made it to the list.
Retail sales in Australia remain flat in February
It rose by 0.2% in February, following a 1.8% growth in the previous month.
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1. Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries 2. Indonesia e-commerce market to hit $46.6b by 2025 3. Tim Hortons launches packaged coffee in South Korea 4. Malaysian retailers told to prioritise technology, consumer-centric approaches 5. Unlock the power of AI in solving supply chain challenges with RELEX SolutionsResource Center
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