Stores

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. 

Hot drinks sales growth in China hinges on reopening

The market is expected to expand to $53.9b by 2027, GlobalData reported. 

Why retailers integrate technology in their operations

This includes virtual and augmented reality, and data analytics, amongst others.

Around 1 in 2 working women in India consumes VMS: Mintel

Bone and digestive health, and immunity are the top three benefits they want from VMS.

Where do consumers spend the majority of their budget?

Nearly half of the consumers shop the omnichannel.

Apparel, accessories sector rebounds in FY2021

The sector’s total revenue was up 31.3% YoY.

60 APAC firms amongst Top 250 Global retailers: Deloitte

China’s JD.com is the top retailer in the region, ranking 7th globally.

Around 1 in 4 Thai Gen Zs find spending on preventing skin issues a waste

They prefer to buy products that address current issues.

Over 35% of Indonesians eat to reduce stress: report

Shoppers in the market buy food and drink to indulge during tough times. 

Foot Locker to exit Hong Kong, Macau

It will continue to expand in the region through licenses.

JFC eyes opening 600 stores in 2023

It opened 542 stores in 2022, the highest it recorded in a year.