Stores
Weekly News Wrap: Hong Kong rolls out support for small retailers; Reliance Industries takes over 200 stores from Future Group
Weekly News Wrap: Hong Kong rolls out support for small retailers; Reliance Industries takes over 200 stores from Future Group
And China’s Shein has put on hold its US IPO amidst the crisis in Ukraine.
Vietnam’s grocery sector boosted by border reopening
The country’s tourism spending is expected to start recovering this year.
Central Pattana invests $3.7b for business, sustainability
The company is aiming to open 50 shopping centers and 16 community malls.
Central Retail’s net profit soars 124% in Q4 2021
The company posted a THB2.46b net profit during the quarter.
Vietnam’s mass grocery retail spending to grow 10.8% annually to 2026
This is due to the country’s border reopening.
Vietnam's mass grocery retail spending to reach $44.7b in 2022
This as the country further eases restrictions this year.
Weekly News Wrap: US includes AliExpress in piracy market list; Starbucks China faces public fury over “misunderstanding”
And Shein is on a hiring spree as it shifts its key assets to Singapore.
Hong Kong’s MTR rolls out rental relief to mall tenants
The amount of support will be based on the individual circumstances of tenants.
Year of reform for Tianjin’s retail market in 2022: report
The market is expected to welcome four new retail property projects in 2022.
Central Retail sees double-digit sales growth in January
This growth accelerated its CRC Retailigence strategy.
AllDay Supermarket ‘optimistic’ over 2022 outlook after 28% footfall growth
This was driven by the uptick brought by the peak season.
Philippines’ SM Investments lists P15B bonds
The bond offering was 3.7 times oversubscribed.
Consumers in UAE remain optimistic despite Omicron variant
This was supported by the Dubai Expo and the increasing economic activity.
South Korea household spending to rise by 3.4% in 2022
Consumer spending will exceed pre-pandemic levels, according to Fitch Solutions.
Uniqlo to open 5 new stores in Singapore in 2022
It will include the first neighbourhood store along Ang Mo Kio Avenue 3.
Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK
Retail sales growth is expected to be lower in 2022 at 7%.
Consumer spending growth in UAE to ‘normalise’ to 3.6% in 2022
This is slower than the 7.5% estimated growth in 2021.
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