Stores
Slow recovery ahead for Singapore's retail sales: analyst
Shoppers may still have limited shopping venues to visit after the circuit breaker.
Slow recovery ahead for Singapore's retail sales: analyst
Shoppers may still have limited shopping venues to visit after the circuit breaker.
Over 15,000 Hong Kong shops may close without rent relief
Most are only willing to cut rents by 10% to 20% instead of the requested 50% by retailers.
DFS Group exits Changi Airport's liquor concession
South Korea-based Lotte Duty Free will take over the concession.
Luckin Coffee sacks CEO and COO after sales fraud
The sales amount associated with the fraud hit $310m.
Locals to dominate China's consumer spending
Luxury and cosmetics segments are tipped to benefit the most.
7-Eleven to open first Cambodia store in 2021
It signed a master franchisee agreement with CP ALL, which operates 7-Eleven in Thailand.
Check out Asia's top homeware retailers in 2020
The award’s global honorees come from Australia, Japan and Thailand.
Robinsons' Jem outlet to cease operations by August
The closure leaves the company with two other outlets.
Hong Kong's retail sales crashed 42% to $2.97b in March
Jewellry, watches and clocks and valuable gifts saw the sharpest decline.
Singapore retail sales down 13.3% to $3.3b in March
Declines in retail industries selling discretionary items have widened.
Hong Kong's household spend to contract 5.2% in 2020
Some food service chains have reduced operating hours.
Great Singapore Sale 2020 cancelled amidst pandemic
It was originally planned to be held from 29 May to 28 June.
Hong Kong stamps over $1.5b in subsidies for retailers
Around 19,000 applications were accepted in the subsidy scheme.
Supermarket chain Sheng Siong Group's profit surged 49.4% to $20.49m in Q1
The group saw elevated demand as more people ate at home.
Dairy Farm's beauty and convenience business takes hit in Q1
Movement restriction policies led to store closures in China.
Asian consumers to eat at home more frequently: survey
Amongst markets in the region, Hong Kong has been taking out food the most.
Thailand's consumer behaviour to remain weak in near term
Fashion stores and dine-in restaurants are unlikely to record strong traffic recovery.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. Gamification boosts retailer loyalty programmes 2. Gen Z's complex consumer behavior challenges businesses: Euromonitor 3. Here's why global apparel and footwear sales growth have slowed 4. Levi's opens first store in Dhaka, Bangladesh 5. Carlsberg Asia, Grab partner to elevate beer consumption experienceAwards
Jun
11