News

BHG Singapore to take over Robinsons in Raffles City
18 Jan 21
The new concept store is a collaboration between BHG and Raffles City.
Aumake to launch Sydney concept store from $5.43m funding
12 Jan 21
Funds will also be used for the promotion of its social e-commerce platform in Asia.
Can Haidilao's rapid expansion plans work out?
12 Jan 21
The company plans to expand its new store footprint by about 20% a year.
South Korean retailers ramp up satisfaction guarantees
12 Jan 21
Despite such initiatives adding to their costs, retailers are confident with the low refund rates.
Don Don Donki to debut in Taiwan
12 Jan 21
The store will offer a fresh fish corner, as well as daily necessities and cosmetics.
Top Japanese retailers beef up omnichannel segment
12 Jan 21
The stores are expanding delivery services as more consumers work remotely.
Hong Kong's retail rents to bottom out in H1 2021: report
12 Jan 21
Tourist visits are projected to rebound by 150% to around 9.8 million in 2021.
South Korea's convenience stores roll out bread products
12 Jan 21
CU reported a 115.1% surge in baked goods sales from 1-21 December.
Weekly News Wrap: Alibaba founder currently ‘laying low;' India's December retail inflation dragged by food price drop
12 Jan 21
And Future Group expects swift approval for its $3.4b retail assets deal.
K11's sales soar in second half of 2020
7 Jan 21
K11 Art Mall in Wuhan successfully launched on 12 December 2020.
Alibaba mulls raising $5b via US$ bonds
6 Jan 21
Proceeds could reach $8b which would be used for corporate expenditure.
Central Retail unveils food hall equipped with robots
5 Jan 21
The robots can assist in check in, answer questions, and help with recommendations.
Retail developments fall in Bangkok's downtown areas
5 Jan 21
Thailand’s retail recovery will depend on the effectiveness of government stimuli.
47% of Singaporeans will still dine out less post-pandemic
5 Jan 21
Two in five would like restaurants to remain available in delivery apps.
Daiso to open in Singapore's West Coast Plaza
5 Jan 21
It has also opened hiring for more staff.
Coupang launches video streaming service
5 Jan 21
It is currently available on Android smartphones.
China starts anti-monopoly probe on Alibaba
5 Jan 21
Analysts believe that e-commerce will be hit the hardest by anti-trust regulations.
Korea's retail sales grew 6.3% in November
5 Jan 21
The Korea Sale Festa boosted sales amongst offline stores.
Weekly News Wrap: Chinese retailers faced worse loan rejections; JD, Tmall and Vipshop fined over irregular pricing
5 Jan 21
And bubble tea chain Nayuki owner completes new funding round.
7-Eleven adds 2,500 SEA stores in Foodpanda app
15 Dec 20
The new service will be rolled out in Singapore, Malaysia, Taiwan, and Philippines.
Watson Group reaches 16,000 stores in 180th anniversary
15 Dec 20
The company saw an accelerated demand for O+O experience in 2020.
Vietnam's e-commerce sales to rise 30.3% to $13.1b in 2020
15 Dec 20
Initiatives such as its five-year E-commerce Development Plan has boosted its growth.
Indonesia's retail sales down 14.9% in October
15 Dec 20
The clothing sector recorded the sharpest fall at 58.1%.
GDP recovery, state support buoy 2021 Thai consumer spending
15 Dec 20
As people gradually return to work, disposable income will not be under as much pressure.
China's group buy platforms face ceasing supplier support
15 Dec 20
This reflects an intensely competitive food retailing environment, Jefferies commented.
JD to gain from community group buy investment
15 Dec 20
It recently invested in Xingsheng for about $700m.
Weekly News Wrap: China enjoys male skincare market boom; Australian stores brace for late-December splurge
15 Dec 20
And Alibaba was fined $76,500 by antitrust watchdog over a 2017 acquisition.
COVID-19 hastens luxury e-commerce market digitalisation
11 Dec 20
Luxury customers who didn’t use e-commerce platforms before were forced to do so.
Ascott announces first regional collaboration with Shopee
10 Dec 20
This comes at the heels of the successful 11.11 Big Sale in Singapore.
Foodpanda expands q-commerce deals
10 Dec 20
It has now included leading retailers MUJI, IKEA, Lawson, Tesco, and Watsons.
I.T Group offers to privatise company for $1.305b
8 Dec 20
It has teamed up with private equity group CVC to make an offer.
Asia Pacific's cosmetics market thrive as men buy more
8 Dec 20
Bought by both men and women, skin and sun care products dominate the sector.
Younger Chinese buyers crave for entertainment in e-tailing: Alibaba
8 Dec 20
Male shoppers sought out cosmetics through livestreaming during 11.11.
Japan's apparel retailers saw weaker November sales
8 Dec 20
Companies such as Fast and United Arrows were affected by unseasonably warm weather.
South Korea's online shopping rose 20% in October
8 Dec 20
Food services recorded the sharpest growth of 71.6%.
APAC's hand sanitizer market tipped to grow 12.8% yearly
8 Dec 20
Gel-based products are currently the most popular, but foam-based sanitizers are on the rise.
Three reasons why Walmart sold majority of Seiyu
8 Dec 20
Tie-ups are on the rise amongst Japan's mass grocery retailers.
Weekly News Wrap: New virus wave threatens Hong Kong's retail recovery; Hainan's mall enjoy surging tourist arrivals
8 Dec 20
And former Don Quijote CEO was arrested over insider trading charges.
7-Eleven to invest $1b in sustainability initiatives
1 Dec 20
This includes setting up solar panels and LED lamps in its stores.
Indonesia's groceries urged to carefully manage expansion plans
1 Dec 20
Although retailers are rapidly expanding, consumers are still becoming increasingly price sensitive.

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