News

Longer lockdowns loom over Malaysia's retailers in H1 2021

Restrictions on shopping malls and crowded stores will likely be the last to be lifted.

Longer lockdowns loom over Malaysia's retailers in H1 2021

Restrictions on shopping malls and crowded stores will likely be the last to be lifted.

AEON to expand online offering with US-based Boxed tie-up

It will roll out a storefront platform for its virtual mall by Q2.

FairPrice opens first hypermarket with cocktail bar

It also has a dine-in area that focuses on local brands.

Amazon halts Pantry delivery service in India

This is expected to help the company in simplifying its grocery proposition.

Tencent invests $100m in online grocery startup Xingsheng

Analysts expect the startup’s current funding round to be followed by an IPO.

South Korean retailers compete over same-day delivery

Online sales doubled for Lotte Mart’s stores that offer Delivery Now services.

Reliance Retail partners with Kirana stores for online delivery

It has tied up with nearly 60,000 kiranas, and has plans to enroll more by April.

Five trends Asia's groceries will carry over in 2021

The previous year saw a rise in delivery provider tie-ups and omnichannel evolution.

BHG Singapore to take over Robinsons in Raffles City

The new concept store is a collaboration between BHG and Raffles City.

Top Japanese retailers beef up omnichannel segment

The stores are expanding delivery services as more consumers work remotely.

Hong Kong's retail rents to bottom out in H1 2021: report

Tourist visits are projected to rebound by 150% to around 9.8 million in 2021.

Watson Group reaches 16,000 stores in 180th anniversary

The company saw an accelerated demand for O+O experience in 2020.

Indonesia's retail sales down 14.9% in October

The clothing sector recorded the sharpest fall at 58.1%.

Over half of Singapore shops worry on 2021 survival

Around nine in 10 expect their business to take hit if tourists do not return by mid-2021.

Alibaba records strong sales within first hour of 11.11

Over 13 brands surpassed RMB1b gross merchandise value as of 00:35.

Filipinos turn to mass groceries to buy coffee products

However, a growing youth population could offer opportunities for premium coffee in the longer term.