Staff Reporter
Japan’s Seven & i sells Sogo & Seibu to Fortress Investment Group unit
Japan’s Seven & i sells Sogo & Seibu to Fortress Investment Group unit
The company aims to focus on its convenience store businesses.
Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee
It will hold a 60% share in Meko Holdings for $16.08m.
Southeast Asia’s QR Code payments to surge 590% by 2028
This is due to the cross-border interoperability within countries in the region.
Singapore customers seek transparency amidst companies’ AI adoption growth
About 9 in 10 said they want to know whether they are speaking with AI or a human.
Watsons Malaysia Wins Health & Beauty Retailer of the Year - Malaysia and Digital Initiative of the Year - Malaysia at the Retail Asia Awards
The No. 1 health and beauty retailer in Malaysia continues to showcase dedication to innovation, sustainability, and exceptional customer experience.
Wolverine World Wide sell Hush Puppies IP in China
It will continue to own and operate the Hush Puppies brand in other markets.
Central Retail unit’s revenue could reach $285.2m
Central Marketing Group has over 40 lifestyle brands in its portfolio.
Hong Kong average retail vacancy rate hits three-year record low in Q2
Leasing activities recover as Hong Kong’s retail sector continues to improve.
Overall retail vacancy in China’s 16 major markets down to 11.01% in Q2
Brands are opening their first stores or are accelerating their expansion in China.
Payment cards lead e-commerce payments in UAE
Alternative payments are the second most preferred payment method.
China will remain the leading e-commerce market: GlobalData
It will achieve $2.2t of e-commerce market sales by 2030.
E-commerce platform Temu launches in the Philippines
Temu will have to compete with e-commerce giants such as Shopee and Lazada.
UNIQLO names COO to lead global expansion
Board Director Daisuke Tsukagoshi’s appointment will take effect on 1 September.
Retail sector amongst leading GenAI talent recruiters
Amazon.com has a job posting for Machine Learning Architect.
Roark Capital acquires Subway
Subway accounts for 14% of the global sales in the bakery products limited-service restaurants sector.
Pink fashion, mythical literature drive China’s consumer trends
JD.com reported a surge in demand for products related to the leading movies.
Qatar Investment Authority to invest $1b in India’s Reliance Retail Ventures
It will now hold a 0.99% stake in RRVL.
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Retail Asia Awards 2025 Winner: Lionel Tan and Michael Tong of Singtel
Singtel’s Lionel Tan and Michael Tong share how smart search helps customers discover better and faster buying options.
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How retailers can lead the charge in the AI future