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Locals to dominate China's consumer spending
Luxury and cosmetics segments are tipped to benefit the most.
Locals to dominate China's consumer spending
Luxury and cosmetics segments are tipped to benefit the most.
7-Eleven to open first Cambodia store in 2021
It signed a master franchisee agreement with CP ALL, which operates 7-Eleven in Thailand.
Japanese apparel chains' sales tipped to fall 50-60% in April
Ecommerce channels are not enough to buoy sales.
Japan's top apparel chain sales tipped to fall 50-60% in April
Ecommerce channels are not enough to buoy sales.
Check out Asia's top homeware retailers in 2020
The award’s global honorees come from Australia, Japan and Thailand.
Hong Kong's retail sales crashed 42% to $2.97b in March
Jewellry, watches and clocks and valuable gifts saw the sharpest decline.
Singapore retail sales down 13.3% to $3.3b in March
Declines in retail industries selling discretionary items have widened.
Hong Kong's household spend to contract 5.2% in 2020
Some food service chains have reduced operating hours.
Great Singapore Sale 2020 cancelled amidst pandemic
It was originally planned to be held from 29 May to 28 June.
Esprit Holdings shuts all Asian stores outside China
The 56 stores contributed to less than 4% of its 9M FY2020 revenue.
Hong Kong stamps over $1.5b in subsidies for retailers
Around 19,000 applications were accepted in the subsidy scheme.
Supermarket chain Sheng Siong Group's profit surged 49.4% to $20.49m in Q1
The group saw elevated demand as more people ate at home.
Dairy Farm's beauty and convenience business takes hit in Q1
Movement restriction policies led to store closures in China.
Asian consumers to eat at home more frequently: survey
Amongst markets in the region, Hong Kong has been taking out food the most.
SAP Industries Forum lays out the groundwork for retail's future
Euromonitor expects global consumer expenditure to double to US$84t by 2030.
Deliveroo cuts commission rates for pickup orders in Hong Kong
Around two-thirds of new partner restaurants have joined the pickup service.
Cold-chain network may gain ground in China's meat industry
Larger players will gain the most from the greater attention on food safety.
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1. L'Occitane International announces $1.8b privatisation offer 2. Supermarkets lead growth in Vietnam’s evolving retail scene 3. Philippines’ SM Prime Holdings to open four new malls in 2024 4. JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’ 5. 85% of A2000 retailers in Asia-Pacific to invest in GenAI by 2027Awards
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