Stores
Ikea unveils planned mall with ‘edutainment’ space in Gurugram
Ikea unveils planned mall with ‘edutainment’ space in Gurugram
The development seeks to be a gathering place for leisure, entertainment, and retail in India.
JD, Excellence Group to launch a mall in Hunan
The store will be an upgraded version of JD’s E-space omni-channel store.
South Korean cafe A Twosome Place sold to Carlyle Asia Partners
The buyer is looking to strengthen the brand and optimize its store footprint.
Weekly News Wrap: Alibaba’s shares fall amid China’s slowdown; India’s antitrust body to rule in two weeks on Amazon-Future dispute
And Singapore’s fashion platform Zilingo recovers to pre-pandemic levels.
South Korean retailers launch marketing blitzes to woo outdoor enthusiasts
Sales of outdoor activity products have been rising among retail giants.
Consumers' financial uncertainties hit APAC’s retail sales growth
Philippines, Vietnam, and Malaysia are the hardest hit nations in the region.
FamilyMart launches Food Superstore concept in Malaysia
Designed with earthy tones, the stores bring a wide selection of daily foods.
JD’s Seven Fresh, Muji launches fresh food complex in foray into Shanghai
Muji’s store provides an expanded food selection compared with its other stores.
Singapore’s Courts Nojima launches second flagship at Orchard Road
The store is set to be the company’s biggest retail space in the country.
IKEA starts construction of first mall store in Indonesia
The company currently provides pick-up points at Mall Taman Anggrek.
JD Fresh rolls out 70 sustainable seafood products
The products feature the ecolabel of international NGO Marine Stewardship Council.
French retailer Auchan sells stake in Taiwan business to PX Mart
This is part of the retailer’s move towards geographical refocusing.
South Korea’s online grocer Market Kurly mulls local IPO
The IPO is slated for the first half of next year.
Weekly News Wrap: China calls on e-commerce sites to curb spam; Luckin Coffee reaches $175m class action settlement
And Philippines-based AllDay Marts poised to jump in trading debut.
Retail recovery unlikely for Malaysia in 2021
The country’s consumer spending is tipped to exceed pre-pandemic levels by 2022.
Reliance Retail buys controlling stake in Ritu Kumar designer brand
This includes the purchase of a 35% stake from Everstone.
Weekly News Wrap: Alibaba’s shares rise after Jack Ma’s reappearance; Arbitrators junk Future's plea on Reliance deal
And India-based Rebel Foods will roll out 2,000 outlets across Asia in a Foodpanda tie-up.
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1. Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries 2. Indonesia e-commerce market to hit $46.6b by 2025 3. Tim Hortons launches packaged coffee in South Korea 4. Malaysian retailers told to prioritise technology, consumer-centric approaches 5. Unlock the power of AI in solving supply chain challenges with RELEX SolutionsResource Center
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