Stores
TikTok invests $12.2m to support SMBs in Southeast Asia
TikTok invests $12.2m to support SMBs in Southeast Asia
The amount will benefit around 120,000 small businesses in the region.
Subway inks largest master franchise deal for China expansion
The deal with FRS will involve the opening of over 4,000 restaurants.
Around 64% of consumers likely to engage with brands collecting data directly
Consumers are more careful in sharing data with third-party collectors.
Nike, EA SPORTS partner to bring new experiences for .SWOOSH members
EA SPORTS experience in.SWOOSH will be available in the coming months.
What drives APAC Gen Zs consumer behaviour
WGSN identified five pillars that Gen Zs prioritise.
Opportunity knocks with ‘premiumisation’ of Southeast Asia’s middle class
Unilever leads the way in catering to the region’s 250-million strong middle class and their stronger purchasing power.
Reliance Consumer buys 51% stake in Lotus Chocolate
The aggregate consideration stood at INR74 crore.
Pride month campaigns should come with ‘active’ LGBTQ+ support
Logo changes are perceived as “shallow” publicity stunt.
Proposed tax hikes could hurt no-alcohol beer in Thailand
A tax hike on no-alcohol beer is being considered to discourage attracting novice drinkers.
Top 25 global retailers post 7.1% revenue growth despite economic woes
GlobalData linked this to the pandemic-driven shift in shopping habits.
Philippines yet to feel impact of lower capitalisation for foreign retailers
Law setting minimal required investment may attract not the big retailers but small and medium-scale foreign businesses.
Over 50% of SG households change grocery buying habits amidst inflation
More than 40% decreased their budgets, whilst nearly 15% allotted a higher budget for groceries.
Localism rises amongst Indian consumers
Local products offer better value for money and are more in line with consumers’ priorities.
Jollibee exits PHO24 business
This will enable the company to concentrate on its other businesses.
Suntory Beverage & Food net profit up nearly 10% in Q1
Its net profit attributable to owners amounted JPY14.6b.
Reliance Retail net profit grows by 12%
Its net profit amounted to INR2,415 crore.
Central Retail posts over 75% net profit growth in Q1
Its net profit stood at THB2.31b during the quarter.
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1. Gen Z drives Starbucks’ drink innovation 2. Chinese brands surge in Southeast Asia amidst fierce competition 3. Starbucks opens largest flagship store in Taiwan 4. McDonald’s puts eight HK properties on market 5. JD.com unveils ’10 Billion Growth Plan’ to bring 1,000 global brands to ChinaResource Center
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Event News
Retail Asia Awards 2025 Winner: Pauline Png of FairPrice Group
Pauline Png of FairPrice Group shares Lau Pa Sat’s “Feast for the Senses” campaign aims to present its 130-year legacy to today’s audience.
Commentary
From shoplifting to safety: How tech is empowering APAC’s retail workers
How retailers can lead the charge in the AI future