Stores
Hong Kong's retail sales slip 24.8% in June
The decline softened as the local epidemic abated during the month.
Sheng Siong's profits soared 98% to $54.41m in H1
The company saw elevated consumer demand in Q2.
Dairy Farm's profits dropped 35% to $115m in H1
Its health and beauty business suffered partly from lack of tourists in Hong Kong.
Influencers offer lucrative channel for China's FMCGs: report
Brands linked to comfort or cleanliness are best placed to benefit from Wanghong.
What role will offline stores play in Singapore's post-pandemic era?
Retailers are still expected to continue developing their physical stores post-pandemic.
Future of retail: Is Asia ready for buy now, pay later?
As we head into the second half of the year, it’s become apparent to Asia’s retail sector that recovery in spending to pre-COVID-19 levels will be...
Great Singapore Sale goes online on 9 September
It will offer various deals across retail, F&B, attractions and hotels.
Luk Fook's same store sales plunged 71% in Q1
They are planning to close five shops in Hong Kong.
Weekly News Wrap: Asian vendors hawk wares in social media; China's consumption remains robust
And robot clocks in for Japan’s convenience stores.
Itochu eyes $5.4b FamilyMart Japan buyout
It might bring agricultural producer associations as minority stakeholders.
Global clothing brands pull out from China market
Foreign brands who are unable to adapt to the local market struggle more.
FairPrice Finest air in-store radio programme
It will serve as a platform for FairPrice and its brands to put out announcements.
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.
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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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