Stores
Thailand’s 2022 consumer spending recovery will be slow: Fitch
Thailand’s 2022 consumer spending recovery will be slow: Fitch
Spending is expected to return to pre-pandemic level by 2025.
AllHome expects increased footfall as the Philippines reopens economy
The company has observed many of its consumers are “revenge shopping” in its stores.
Which APAC shoppers should businesses watch?
This includes digital streamliners, and social explorers, amongst others.
H&M opens doors in Cambodia
H&M’s first store in the country is located at the AEON Mall.
Japan’s Nitori Retail enters Singapore
Its first store in the Lion City will open on 31 March.
Weekly News Wrap: Chanel duels South Korean resellers; Dingdong apologizes over expired food products
And Indian beauty company Nykaa is eyeing physical retail expansion.
JD’s Seven Fresh rolls out autonomous vehicles in Shenzhen
The fully automated vehicles can travel for up to 100 kilometres.
Steady growth ahead for Australia’s retail spending
The country is not expected to return to another strict lockdown.
Shakey’s opens first Peri-Peri ‘fly-thru’ store in the Philippines
The new store is also the 54th outlet of Peri-Peri.
Consumers in Australia remain cautious amidst high cases
Despite, retail sales showed signs of improvement.
JD Logistics to acquire Deppon Logistics
The acquisition is worth $1.4b.
Central Retail expands further with new Thai Watsadu branch
The company invested some THB500m for the store’s 61st branch.
China retail sales grew 6.7% YoY in January, February
Online retail sales grew 10.2% year-on-year, according to NBS.
Weekly News Wrap: Fukushima’s F&B businesses woo back diners; Swire Pacific invests in retail-led projects in China
And Yum China’s shares dive amidst auditing dispute with US regulators.
China rolls out policy support to buoy retail growth
Support is expected to strengthen if retail sales do not stabilise in the next few months.
Coupang establishes new office in Yanji, China
Some 230 employees are working in the office.
Which Southeast Asian companies made it to the Top 250 retailers?
These were from Thailand, Indonesia, Philippines, and Vietnam.
Commentary
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