Stores
Tsim Sha Tsui leads as Hong Kong's priciest retail district
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.
Malaysia's retail sales down 32.4% in April
Recreational goods and household equipment saw weaker revenues.
Chow Tai Fook's profits down 36.6% to $374.29m
A surge in gold price and weaker Hong Kong sales dragged down revenues.
Mall vacancy in Philippines to rise 12% in 2020
More than 80% still favour in-store shopping.
Singapore's retail sales plunged 40.5% in April
Rising online usage is not expected to counter the decline in other clusters in the next few months.
Most Read
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
Read Here
Advertise
Sign Up
Event News
Key strategies include embracing sustainability and exploring international markets.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media