Staff Reporter
Steady growth ahead for Australia’s retail spending
Steady growth ahead for Australia’s retail spending
The country is not expected to return to another strict lockdown.
Prada APAC sales jump 29% YoY in 2021
The sales in the region reached around $1.3b.
Shakey’s opens first Peri-Peri ‘fly-thru’ store in the Philippines
The new store is also the 54th outlet of Peri-Peri.
Central Food Retail, Zipmex to launch Southeast Asia’s first digital supermarket
This forms part of Central Retail’s strategy to drive innovation, under the CRC Retailligence.
Amazon Australia to open sort centre in Melbourne
This is Amazon’s first dedicated sort centre in Australia.
Reliance Retail buys nearly 90% stakes in Clovia fashion business
The investment was worth INR950m.
Australian shoppers to spend more for clothing, footwear
Spending in these products could reach US$44.7b in 2026.
Consumers in Australia remain cautious amidst high cases
Despite, retail sales showed signs of improvement.
JD Logistics to acquire Deppon Logistics
The acquisition is worth $1.4b.
ZALORA to offer BNPL services to Southeast Asian shoppers
The payment option is currently available to shoppers in Singapore and Malaysia.
Starbucks, Grab enter partnership for six Southeast Asian markets
These markets include Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam.
Central Retail expands further with new Thai Watsadu branch
The company invested some THB500m for the store’s 61st branch.
China retail sales grew 6.7% YoY in January, February
Online retail sales grew 10.2% year-on-year, according to NBS.
Tmall Luxury Pavillion rolls out one-on-one livestreaming
Cartier and Burberry were amongst the first brands to use the feature.
Weekly News Wrap: Fukushima’s F&B businesses woo back diners; Swire Pacific invests in retail-led projects in China
And Yum China’s shares dive amidst auditing dispute with US regulators.
JCCU launches emergency donations for Ukrainian children
Donations will be used partly to send relief to the crisis-hit Ukraine.
China rolls out policy support to buoy retail growth
Support is expected to strengthen if retail sales do not stabilise in the next few months.
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