Stores
Singaporean consumers remain hesitant in ‘new normal'
Consumer mobility behaviour was still weak after the circuit breaker measures.
Singaporean consumers remain hesitant in ‘new normal'
Consumer mobility behaviour was still weak after the circuit breaker measures.
Indonesia's retail sales fell 20.6% in May
Clothing and cultural & recreational goods recorded the steepest declines.
Are community stores the next big thing in China?
This is largely driven by urbanization that is happening at a large scale in the country.
Weekly News Wrap: Asia's garment suppliers face weak global demand; China's spenders struggle to look for luxury goods
And demand for edible palm oil in India is tipped to plunge.
Tsim Sha Tsui leads as Hong Kong's priciest retail district
The district’s diverse trade mix lends it to more sustainable rents.
Structural changes underway for Hong Kong's retail sector
Landlords are still reluctant to substantially cut rents.
Stores reopen at Singapore's Changi Airport and Jewel
Contactless payments and takeaways were implemented.
South Korea's retail sales grew 2% in May
Offline retailers saw a 13.5% rise in sales.
Hong Kong's retail sales down 32.8% to $26.8b in May
It narrowed from April following a stabilised local epidemic situation.
Dairy Farm launches two concept stores in Hong Kong
This includes a new 7-Eleven concept shop and a revamped Market Place.
Webrooming customers spent twice more in Singapore stores
Companies are likely to leverage on this behaviour to offer seamless omnichannel shopping.
Hong Kong jeweller Tse Sui Luen's profit tumbles 265.6% in FY2020
Its turnover likewise crashed 28.3% YoY over the same period to $2.91b.
Weekly News Wrap: China's e-commerce giants bag $137b in 618 event; Japanese retail stocks surge
And Singapore’s stores are bearish about their business post-pandemic.
Consumer confidence crucial to China's economic recovery
Households suffered a large income shock in Q1.
South Korea's major retailers' profits projected to halve in Q2: poll
Korea’s No. 2 Shinsegae's profits expected to contract by 89%.
The Shoppes at Marina Bay Sands to progressively reopen
It will initially be open only to members of Marina Bay Sands’ loyalty programme.
Weekly News Wrap: Virus fears drag China's retail sales; Indians still focused on essentials post-lockdown
And luxury foods in Japan take hit as restaurants struggle.
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1. Payment cards drive over 50% of Australia's e-commerce transactions 2. foodpanda launches house brand ‘bright’ 3. Half of Asian consumers prioritise inner beauty in F&B choices 4. L'Occitane International announces $1.8b privatisation offer 5. Supermarkets lead growth in Vietnam’s evolving retail sceneAwards
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