Staff Reporter
Market Kurly operator postpones planned IPO
Market Kurly operator postpones planned IPO
The company plans to push through with public listing ‘at an optimal moment.’
South Korea's department stores reduce VIP benefits
Analysts said VIP customers surged amidst a spike in luxury consumption.
Weekly News Wrap: As travel resumes, China’s luxury shoppers stay local; Challenging outlook for Hong Kong’s retail sector
And Apple begins hiring retail store staff in India.
Long-term plans assessment needed for Shanghai’s retailers: report
Most brands in the city have been focusing on streamlining existing operations.
Higher spending bodes well for Thailand’s retail sector: report
Improvement in economic activity has boosted consumer confidence.
Weekly News Wrap: Most Chinese shoppers still cautious of going out; Singaporeans hit the malls before sales tax hike
And China pledges to step up financial support to the catering sector.
Alibaba names Wu Zeming as CTO in management reshuffle
He succeeded Li Cheng in the post immediately.
Weekly News Wrap: Cautious travelers hit China's consumer sector; Shein sets aside $15m on factory upgrades
And a top Xiaomi India executive resigns as challenges mount.
China's retailers must shift to sustainable operations: report
Improving shopper loyalty is expected to be critical as consumers spend less.
South Korean retailers offer low-price cakes ahead of Christmas
Some are providing discount benefits for pre-orders.
Weekly News Wrap: Lockdowns boost Pinduoduo’s Q3 revenues; Ex-Flipkart exec’s startup bags $5.8m in seed funding
And UK-based online fashion retailer Boohoo expands to India.
Strong local consumption buoys Guangzhou's retail sector
The food and beverage sector in the Chinese city was relatively active in Q3.
Weekly News Wrap: Amazon shutters food delivery business in India; Louis Vuitton to launch homeware store in Shanghai
And US-based Fanatics to refurbish retail stores at Tokyo Dome in a deal with Yomiuri Giants.
Food delivery sector must modernise after delivery aggregator exits Australia: report
Delivery aggregators have been grappling with driver shortages and rising inflations.
Weekly News Wrap: JD.com says worst is over for consumer demand; Tata eyes 20 'beauty tech' stores
And Tencent’s plan to cut its stake in Meituan triggered an internet stock selloff.
Alibaba launches sustainable packaging campaign with Shiseido
They offered products in refillable containers as rewards.
Philippines' retail sector shows signs of improvement: report
Retail sales in the country have been growing at a relatively slow pace.
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1. YouTube doubles down on video commerce in Southeast Asia 2. IKEA revamping store designs in major cities 3. SM taps 800 personal shoppers to boost customer experience 4. Alibaba launches AI tool to help fashion retailers create virtual try-on videos 5. Quick commerce fuels growth in India’s retail sectorResource Center
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