Stores

Malaysia hot coffee segment to grow 4.5% in 2027

In 2022, on-premise consumption contributed 25% to the category's value share.

Central Retail records 10% sales growth during Vietnamese New Year Festival

Vietnam has also experienced growth of 6.3% in the retail sector.

PARKnSHOP names new managing director

Freda Ng was appointed as PARKnSHOP's chief operating officer in 2023.

Jollibee Group sets up the largest solar panel installation

The installation in the Canlubang Baking Facility will consist of 6,300 solar panels.

Estee Lauder to reduce employees by up to 5% amidst decline in sales

Organic sales were down 8% YoY due to challenges in Asia travel retail, amongst others.

Hong Kong retail sales to post stable growth

This is due to the improved market condition and the return of international tourism.

Toys ‘R’ Us ANZ to exit UK, focus on Australia

The UK business expansion is not within the company’s reach. 

Korean skincare brand AXIS-Y opens flagship store in Seoul

The store is located in the Cheongdam district, below AXIS-Y headquarters.

Thailand's Jaspal Group expands to the Philippines

The first Jaspal store is in Mall of Asia, Metro Manila.

Around 3 in 5 APAC consumers consider health, well-being impacts in food purchase

As a result, functional food products are seeing increasing demand.

Wholesaler Metcash acquires 3 firms for $363.4m

The companies it obtained were Superior Food, Bianco Construction, and Alpine Truss

IKEA introduces AI assistant in OpenAI GPT

The feature offers specific and customised home design needs for IKEA customers.

Vetreska expands FUR store in Singapore

The flagship store is located in One Holland Village.

How AI reshapes Asia’s foodservice sector

Operational efficiency due to AI use boosts companies’ bottom line.