Stores
Weekly News Wrap: Slow reopening puts off Hong Kong’s retail recovery; JD founder settles U.S. rape civil suit
Weekly News Wrap: Slow reopening puts off Hong Kong’s retail recovery; JD founder settles U.S. rape civil suit
And Reliance launches its first in-house premium fashion store.
Hong Kong set to regain global luxury shopping centre status: report
The city has eased restrictions for international tourists.
Retailers raise ICT budget in 2022: GlobalData
Over 80% increased investment amidst digital tech trends in improving supply chain and customer experience.
Isetan Mitsukoshi posts over 145% sales growth in Tokyo stores
It also saw a 133% increase in its domestic department stores.
Consumer spending in Indonesia to see ‘strong growth’ in 2022
But it will slip slight in 2023.
‘Stunted’ disposable income growth to drag HK, China consumer spending
Disposable income in the market is expected to average 3.3% in 2022.
Self-service: Who is it for?
The younger generation is seen to be more comfortable using self-service technology.
Malaysia’s foodservice profit to see nearly 9% growth through 2026
It is expected to reach $23.5b in 2026.
Central Retail’s membership store Tops CLUB opens door
It offers imported products from exclusive brands across the globe.
Online shopping to ‘completely’ change brick-and-mortar shopping by 2030: report
Flagship stores will likely serve more like ‘car showrooms.’
Central Retail launches Tops Vita
It is considered Thailand’s first O2O vitamins retail.
Offline shopping plays key role at purchase stage: report
Around 41% of the spending was done offline.
Weekly News Wrap: China pledges growth support on spending; Amazon India to waive 50% fee for new sellers
And Reliance seeks acquisitions amid plans to expand to consumer business.
Lower consumer confidence hits South Korea's retail sector
The country’s retail sales dropped for the first time since December 2020.
SM Supermalls launches Christmas countdown campaign for marginalised communities
A total of 76 malls will be participating in the initiative.
Why carbon labelling has not yet materialised amongst food, drink firms
Inflation and food security concerns have been the main focus this year.
Central Retail unveils sustainability goals
It aims to reach net zero by 2050.
Commentary
Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy