Stores
Jollibee exits PHO24 business
Jollibee exits PHO24 business
This will enable the company to concentrate on its other businesses.
Suntory Beverage & Food net profit up nearly 10% in Q1
Its net profit attributable to owners amounted JPY14.6b.
Reliance Retail net profit grows by 12%
Its net profit amounted to INR2,415 crore.
Central Retail posts over 75% net profit growth in Q1
Its net profit stood at THB2.31b during the quarter.
FamilyMart Malaysia’s store cafe secures halal certification
It plans to have 300 halal-certified FamiCafé by 2025.
Philippine-based Figaro Coffee's net income rises by over 50% in Q1
Its net income after tax stood at P99.3m (US$1.7m).
Tim Hortons to launch in South Korea
It signed a master franchisee agreement with South Korean QSR chain BKR Co. Ltd.
DFI Retail names new Group chief executive
Scott Price will assume the position on 1 August.
Philippines’ SMFB sustains growth momentum in Q1
The food and beverage company reported an 8% rise in consolidated net income.
Watsons expands products under the Sustainable Choices scheme
There are now 8,000 products offered under the scheme.
Suntory Pepsi rolls out 100% recycled PET bottles in Thailand
PET bottles accounted for nearly 60% of soft drinks packaging volume in 2022.
Philippines’ Universal Robina net income flattens in Q1
This is due to higher financing costs and non-cash impairments in its farm business.
China leads new stores opening in 2022
The country accounted for 41% of all stores that opened last year.
Domino’s Pizza to open over 400 stores in China until 2024
This came after the franchisee in China debuted on Hong Kong Stock Exchange.
Australia’s retail sales up 0.4% in March
This is higher than the 0.2% increase in the previous month.
Out and about, Asia Pacific consumers seek tactile experiences
Retailers need to use their stores for brand storytelling and multifunctional purposes to engage customers.
Hong Kong reclaims status as global hub for lifestyle products
The April Lifestyle Fair 2023, hosted by HKTDC, attracted nearly 56,000 buyers from over 130 countries.
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