Stores
South Korea's small stores lag behind big department stores in sales
South Korea's small stores lag behind big department stores in sales
Small supermarkets and groceries only saw a 0.4% sales growth.
Weekly News Wrap: Chinese brands dominated Singles Day best-sellers; Alibaba did not disclose 11.11 sales for the first time
And Shein opens its first physical store in Tokyo.
Inflationary pressure slowing retail sales in Vietnam: report
Retail sales growth fell from 36.1% in September to 17.1% in October.
Philippines’ consumer spending to rise 5.5% YoY in 2023
This is slower than the 7.6% YoY forecast this year.
Shakey’s Pizza net income reaches P454m in first 9 months
This is coming from a P35m loss in the same period in 2021.
Philippines’ SMFB sustains ‘strong’ growth in first nine months
The company also registered its quarterly highest revenue since 2018.
Crocs’ APAC revenue soars 65.5% YoY in Q3
It has 153 stores across the region.
Robinsons Retail net income soars 60.8% in Q3
Its net income amounted to P1.67b.
Jollibee posts ‘record’ 36.4% net income growth in Q3
Its net income stood at P2.14b.
Could Louis Vuitton be transitioning from luxury to lifestyle?
The brand recently opened its first restaurant “The Hall by Lousi Vuitton.”
Weekly News Wrap: UK-based Ocado enters South Korea in Lotte deal; Reliance Retail in talks to enter salon business
And China-based Shein expands operations in the United States.
NTUC FairPrice to offset GST increase with discount offers
This will take effect in the first six months of 2023.
Philippines' Universal Robina net income drops to P9.7b in first nine months
This is even as its core net income grew 9%.
Central Retail forecasts 20% revenue growth in 2022
This will be supported by the stronger purchasing power of Thais.
Philippines’ Century Pacific Food posts 6% net income growth
Its net income stood at P4.2b (US$71.5m).
Retail turnover in Australia inches up in September
It went up by 0.6%, the Australian Bureau of Statistics reported.
Economic concerns weigh on Shanghai's retail property recovery
Retail sales fell 12% in the first eight months of 2022.
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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.
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