Stores
Reliance Retail may bring India’s first major carbonates private label
Reliance Retail may bring India’s first major carbonates private label
This followed its acquisition of Campa Cola.
China’s foodservice profit to grow 2.6% through 2026
It is projected to reach $1.09t in 2026.
Instant coffee to boost South Korea’s hot drinks market
It is projected to be valued at $5b in 2026.
Muji to launch first store in Macau
The new store is set to be the largest in the Hong Kong and Macau region.
South Korea’s retail sales grow by 9.7% in July
This is due to the increase in outdoor activities.
Weekly News Wrap: India e-commerce firms ramp up hiring; US-based investor eyes IPO for $2.5b India mall portfolio
And Yonghui Fresh Food is planning to raise $120m before its Hong Kong IPO in 2023.
Shenzhen’s retail market supported by government initiatives: report
The outbreak is still slowing down the city’s retail recovery.
Japanese restaurant Yoshinoya relaunches in the Philippines
This is the first Japanese food chain under the Jollibee Group.
South Korea wins race in aesthethic market: report
The market is expected to grow 7% annually between 2022 and 2030.
South Korea’s convenience stores bring out rare gift sets for Chuseok
These gifts include high-end liquor sets, electric vehicles, and electronics.
UNIQLO opens pop-up store in Poland
This is the first physical presence of the retailer in the country.
Weekly News Wrap: Tencent eyes selling 17% stake in Meituan; H&M returns on Alibaba's Tmall platform
And Miniso to ditch Japanese-inspired branding over flak in China.
Consumer spending in South Korea to grow 2.8% in 2022
Household spending is expected to reach KRW793.9t during the year.
Central Group, Signa acquire Selfridges
Selfridges Group has 18 stores in three countries.
Southeast Asia’s bubble tea spending reaches $3.66b annually
Indonesia and Thailand were the biggest bubble tea markets in the region.
IKEA-anchored ‘meeting place’ begins construction in India
It is expected to open in late 2025.
Coca-Cola, Grab tie up to accelerate merchants’ digitalisation
The partnership covers six Southeast Asian markets.
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