Stores
Tim Hortons, Marubeni partner to tap Southeast Asia’s growing coffee culture
Tim Hortons, Marubeni partner to tap Southeast Asia’s growing coffee culture
It plans to launch its cafes across Singapore, Malaysia, and Indonesia.
Women expect ‘lifestyle-centric’ menstrual products
This pushes brands to highlight comfort and health in menstrual care.
DFI Retail Group disposes food businesses in Malaysia
The company wants to focus on expanding its health and beauty business.
Weekly News Wrap: Alibaba cut 19,000 employees last year; Woolworths attributes in-home dining boom to inflation
And US-based retailer Foot Locker is in talks with Metro Brands for India entry.
Online sales drive South Korea’s 4% retail growth in January
The country’s offline sales dipped by 0.5%.
Australia’s retail sales rebound by 1.9% in January
This followed a 4% decline in December.
South Korean restaurants feel the pinch of surging delivery costs
Higher demand for food delivery workers has ramped up the cost of labour in the industry.
Weekly News Wrap: High inflation a boon for Aussie supermarkets; PDD splashes on Super Bowl ad for US site
And Uniqlo ramps up marketing campaigns in the US.
Vietnam’s retail sector shows signs of recovery: report
Retail sales in the country rose 20% in January.
South Korean department stores enjoy sales rebound
Many reported growth in sales from foreign customers.
Central Retail invests US$1.45b in Vietnam operations
The company plans to generate some US$4.3b in sales by 2027.
Suntory Group posts nearly 20% profit growth in 2022
Its profit stood at JPY136.2b, approximately US$1.01b.
Starbucks to open 400 stores in APAC in 2023
Its newly-opened 5,000th store is located in Gwanyang-si, South Korea.
Philippines’ baby food market to shrink by 4.5% annually until 2028
This is due to the lower childbirth rates and rising inflation.
Weekly News Wrap: Chinese retailers offer discounts on iPhones; Lawson weighing options for China unit
And Dongwon Industries eyes acquiring McDonald's Korea.
Luxury retailers to expand China offerings to other festivals: report
Retail sales in the country have generally been stronger during cultural festivities.
Shiseido launches NARS Cosmetics in India
It aims to ramp up its growth in Asia Pacific.
Commentary
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