Stores
Singapore’s GIC forms JV retail-led business with India’s PML
Singapore’s GIC forms JV retail-led business with India’s PML
The joint venture will have a $733m portfolio of retail-led mixed use developments.
South Korea to expect modest near-term retail sales figures
The country is seeing its worst outbreak, leading to tighter restrictions on stores.
HK-listed Link REIT buys Guangzhou mall for $501m
With a gross retail area of 90,113 sqm, it is considered the biggest mall in its district.
Membership-only wholesale stores emerge in China
Costco’s market entry in 2019 drew the attention of local retailers.
Philippine retailers struggling to rightsize as logistics takes off: JLL
This is following the rise of e-commerce-use amidst long lockdowns throughout the country.
BTS pop-up stores launches in three new Asian cities
The K-Pop-themed stores opened in Singapore and Manila in May.
Vietnam’s TNI King Coffee debuts in the US
The store offers a range of traditional Vietnamese coffee and meals.
Australia’s retailers pledge on plastic waste pact
They have signed to ensure that 100% of their plastic packaging is recyclable.
French grocery retailer Auchan mulls Taiwan exit
It is currently looking to identify prospective buyers for its RT-Mart stake.
Gucci launches ‘Gaok’ flagship in Seoul
The space was designed to offer a comfortable place for visitors and passers-by.
IKEA to expand delivery across China via Tmall
The store piloted its delivery service in March.
Shinsegae’s Emart set to exit Vietnam
Local firm THACO likely bought a full interest in the company.
APAC to lead global footwear retail market growth
Retailers are urged to consider opening new stores in smaller cities and towns.
GCH Retail to open 11 small format stores in 2021
It currently has 11 Giant Mini stores.
Weekly News Wrap: Tata buys majority stake in BigBasket; Jessica Liu departs as Lazada president
And SEA’s e-commerce market could grow $280b with more women entrepreneurs.
High inflation and job loss threatens India’s retail spending
India recorded a 11-year high wholesale price index in April.
Sa Sa International expects bigger loss in FY2021
Amidst this, the group has been looking to further develop its online business.
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