Staff Reporter
APAC hailed as largest F&B stores market in 2020
APAC hailed as largest F&B stores market in 2020
Globally, the market is expected to benefit from a steady economic growth.
Shinsegae and Lotte backs out from Yogiyo takeover
This leaves private equity funds competing for the food delivery app.
E-Mart 24 mulls ramping up semi-unmanned stores
It currently has 150 hybrid stores across South Korea.
Weekly News Wrap: Japan’s vaccination efforts boost retail sector; Dingdong raises $95.69m in US IPO
And France probes Uniqlo over concealing Xinjiang involvement.
Japan’s retailers take hit from Olympics’ overseas spectator ban
The industry invested heavily in the buildup to the Olympics, expecting a sales boost.
What does ‘gold standard’ mean for Asia’s payments and e-commerce scene?
The market’s diverse challenges open the door for solutions that tackle country or region-specific issues.
JD to bring fresh milk from New Zealand to China
Consumers will be able to trace every step of the milk’s production process.
NYSE-listed Shake Shack to launch 10 stores in China
The fast food chain currently has 16 stores in the country.
Philippines’ Wilcon Depot pushes for 100 stores by 2025
It currently has 60 stores across the country.
Philippines-based Wilcon Depot launches online store
Items can be delivered, or picked up at the nearest store.
Sheng Siong clinches lease agreement for third China store
The store is expected to be operational before end-Q3.
Sino Group launches $2.58m rewards for eight malls
It will hold a cash rebate luck draw with livi bank for seven weeks.
Entertainment retailer YesAsia launches Hong Kong IPO
Over half of the proceeds from the global offering will be used for marketing.
Suning’s Retail Cloud launches 247 stores in 618 festival
The company opened 214 new stores in May.
KKR buys stake in India’s Vini Cosmetics for $625m
The beauty brand has 700,000 points of sales in the country.
Naver backs out of eBay Korea acquisition bid
This leaves Shinsegae as the sole bidder for the e-commerce firm.
Fire engulfs Coupang warehouse
Public outcry sparked following the death of a firefighter.
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