Stores
Malaysia’s retail recovery threatened by rising inflation
Malaysia’s retail recovery threatened by rising inflation
Inflation has been rising in many countries amidst supply-chain challenges.
Watsons opens first store in Qatar
The nearly 3,000 square feet store features designated zones like Natural & Clean Beauty.
Figaro Coffee seeks new growth avenues after IPO
The Philippine-based company generated P767m in proceeds.
Pandamart opens 50th store in Pakistan
This was opened a little over a year after the launch of the first store.
Weekly News Wrap: India’s quick commerce boom raises road safety concerns; Hong Kong fund divests Burger King businesses
And Starbucks expands delivery services in China via a Meituan tie-up.
Consumers’ financial insecurity hit APAC’s retail sector
Nearly nine in 10 consumers went through phases of financial insecurity in Q4 2021.
Lotte Group acquires entire stake in Ministop Korea for $263m
Lotte will take over 2,600 Ministop stores across South Korea.
Starbucks launches interactive experience centre in Indonesia
The centre teaches customers about Starbuck’s coffee making process.
Philippines eases minimum paid-up capital for foreign retailers
The Philippines has lowered the minimum paid up capital to $488,000 from $25m.
Robinsons Retail to buy 100% stake in Ministop Philippines
It will acquire the remaining 40% shares of Ministop Japan in February.
Popeyes opens first store in India
More stores will be opened in New BEL and Kammanahalli.
‘Solid growth’ in consumer spending seen in Malaysia: report
Real household spending is projected to rise 5.1% year-on-year.
Here are the top 10 consumer trends to watch in 2022
Access and action will drive these consumer trends, according to Euromonitor International.
Weekly News Wrap: Alibaba mulls $10b fundraising for Freshippo; JD launches robotic shops in Netherlands
And Uniqlo raised prices for some products due to high production costs.
South Korea’s retailers boosted by private brand products
The high inflation in the country has led to a boost in sales in cheaper private brands.
CU launches 50th convenience store outlet in Malaysia
The company is targeting to open more than 500 stores in Malaysia in five years.
Commentary
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