Stores
Weekly News Wrap: Amazon and Future Group agree to talks; Shopee exits France months after launch
Weekly News Wrap: Amazon and Future Group agree to talks; Shopee exits France months after launch
And the founder of China’s Haidilao has stepped down as CEO.
Growth in sight for Asia Pacific’s retail markets
Nearly all major destinations are expected to see bigger domestic visitor volumes.
AllDay rolls out first ‘smart carts’ in its Philippine stores
This gives consumers more autonomy in shopping in-store.
More than 60% of older consumers in SG still shop want in-store
This is even as more Singaporeans purchase in-app.
Consumer spending in Indonesia to see ‘solid growth’ in 2022
This comes as Indonesia further eases pandemic-related restrictions.
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.
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It was honoured for improvements to its shopping platform, "Platform of Opportunity," and Disney-themed customer experience.
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Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy