Stores
APAC to lead global footwear retail market growth
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.
Taiwan’s JustKitchen to launch first Hong Kong store in June
It is expecting to develop mixology-based items in the near future.
Pharmacy chain Boots opens first three Indonesia stores
The second store, its flagship, is located in Pondock Indah Mall.
Philippines’ AllHome launches 53rd local store
It offers home building products and services to architects and homeowners.
Crayon Shinchan-themed 7-Eleven stores open in Hong Kong
Three stores offer photo opportunities with a limited-edition Instagram filter.
IKEA India invests in store openings and digital initiatives
The growing popularity of online furniture shopping will offer a boost for the retailer.
Great Singapore Sale 2021 partners with Lazada
The sale will kick off on 6 June in time with Lazada’s 6.6 sale campaign.
Competition heats up in South Korea’s retail M&A
eBay Korea’s acquisition might come out cheaper due to ‘winner’s curse’.
Weekly News Wrap: Indian jewelers shut stores on key holiday; Meituan shares slump over controversial post
And Chinese grocery app Dingdong Maicai raises $330m in D plus funding round.
Coffee chain % Arabica opens first Macau store
It serves a range of beverages from coffee to matcha, and also lemonade.
Hong Kong’s Redress opens first permanent secondhand clothing shop
It is hosting a photo contest with gift certificate as prizes.
Thailand restricts operating hours for retail stores
Shopping malls in areas at risk of COVID-19 have been ordered to close by 8:00pm every day.
South Korea’s stores roll out COVID-19 self-test kits
The self-test kits received approval for emergency use in April.
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