Staff Reporter
7-Eleven opens store in Seoul for testing tech solutions
7-Eleven opens store in Seoul for testing tech solutions
The store will run a facial recognition-based entry management and payment system.
South Korea’s Myeongdong shopping district suffers rising store closures
The vacancy rate in South Korea reached 6.5% for small shops in South Korea.
Uniqlo to launch its first flagship in Beijing in November
The store will have China’s first “StyleHint” social retail experience.
Weekly News Wrap: India enforcement warns Flipkart of possible $1.35b fine; China mulls $1b antitrust fine on Meituan
And Bukalapak’s shares jumped nearly 25% on trading debut.
Taiwan to enjoy retail recovery by end-2021
Not even the spike in COVID-19 cases in May tempered consumer confidence.
‘Buy Now, Pay Later’ to comprise 7% of PH e-commerce transactions in 2025: UnaFinancial
The scheme is expected to reach US$843m in 2025.
Metro reinvents department store shopping anew
It won the Department Store of the Year - Singapore Award for its efforts.
Valentino Beauty opens 1st boutique in Hong Kong
It is located in Harbour City, Tsim Sha Tsui.
How can malls, retailers improve waste management?
Lendlease and WWF-Singapore recommend using technology and encouraging wider participation of customers and tenants.
BNPL continues to gain traction with Square’s $29b acquisition of Afterpay
Afterpay accounts for 7.7% of Australia’s e-commerce market.
7 in 10 SEA online sellers expect growth in 3Q
52% of the 750 sellers surveyed experienced growth in H1.
Shinsegae’s vice chair on a roll with M&A
The company has recently bought an additional 17.5% stake in Starbucks Korea.
Alibaba’s Tmall hosts fashion event featuring ‘hanfu’
Livestreamer Austin Li appeared in the event in full traditional Chinese costume.
JD launches its biggest exhibit in ChinaJoy 2021
It is also upgrading its Esports platform.
Weekly News Wrap: Haidilao deemed worst-performing HKEX stock; Qiandama picks banks for Hong Kong IPO
And Singapore’s GIC joins the consortium bidding for a UK-based Morrisons takeover.
Philippines to achieve retail recovery by 2022
Household spending is expected to remain behind pre-pandemic levels for 2021.
PLQ's newest robot resident Oscar to assist mall goers
The AI-enabled robot can provide wayfinding services and admonish illegal smokers in the area.
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1. CJ Olive Young opens first Korean snacks store in Busan 2. Alibaba credits AI-driven strategy for strong growth 3. FMG opens regional HQ, first Urban Revivo store in HK 4. Jollibee enters gaming space with new campaign ‘Gamejoy’ 5. India’s Myntra expands to Singapore with launch of 'Myntra Global'Resource Center
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