Stores
Central Pattana invests $596m yearly in retail-led development
Central Pattana invests $596m yearly in retail-led development
This includes the Central WestVille project slated to launch next year.
South Korea relaxes business hour restrictions on restaurants, cafes
The government plans to revamp restrictions further if the situation remains stable.
Demographic shifts boost APAC’s DIY home improvement retail market
But the lack of skilled professionals in the sector might hold back growth in coming years.
JD.com rolls out omnichannel initiatives in lockdown-hit Shanghai
Seven Fresh has collaborated with grocery suppliers to transport basic supplies.
Central Retail subsidiary is Reebok’s sole distributor in Thailand
CRC Sports entered a partnership with Authentic Brands Group.
China sees ‘solid’ consumer spending during Lunar New Year: report
Retail sales grew 6.7% to US$1.7t in the first two months of the year.
From brewing beans to kneading doughs: Figaro Coffee Group finds niche in pizza delivery services
Angel’s Pizza propelled the food conglomerate’s growth in the Philippines.
AllHome poses double-digit net income growth in 2021
The company recorded a 46% year-on-year increase to P1.44b.
IKEA to open 4th store in Thailand
It will be located at Emsphere on Sukhumvit Road.
South Korea retail sales climbs 4.7% in February
Online sales during the month offset the decline seen in offline sales.
Weekly News Wrap: Russia turns to Chinese and Indian retailers; Alibaba’s shares rise 11% after raising share buyback program
And Indian lenders are set to start debt recovery proceedings against Future Retail.
Korea Seven’s takeover of Ministop Korea clinches regulator approval
The approval is expected by the regulator to spur three-way competition in the market.
Bangkok’s retail growth to depend on government support: report
Activity revived in Thailand’s industry in Q4 2021 but outlook remained muted.
Taobao Deals launches 10-Yuan store
It has also unveiled a 100 store for higher-value products.
Sumimoto, BRG Group to open around 50 FujiMart stores in Vietnam by 2028
They plan to open five to 10 stores annually.
Tim Hortons’ mid-2022 launch in India is ‘well-timed’: GlobalData
The Canada-based restaurant chain will likely benefit from the resurgence of ‘out-of-home dining.’
Singapore Retailers Association elects Ernie Koh as new president
He will take over R Dhinakaran, who sat for three consecutive terms since 2016.
Commentary
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