Stores
South Korea’s convenience stores ramp up liquor store openings
South Korea’s convenience stores ramp up liquor store openings
CU’s liquor stores enjoy higher alcohol sales than its other stores.
Weekly News Wrap: Panic buying seen in Beijing stores; Billionaire takes on India’s retail giants with new e-commerce platform
And investigators raid Amazon, Flipkart’s top sellers for data, and documents.
Singapore’s retail growth to rely on essential spending: Fitch
Real household income growth is expected to be relatively modest in 2022-2026.
APAC to drive over $60b global airport retail market: report
This will be driven by an increase in retail space, and rising passenger numbers amongst others.
South Korean retailers expectations high as restrictions ease
But there are concerns lifting of social distancing rules could hit large discount stores.
South Korea-based CU opens 200th outlet in Mongolia
The convenience store chain made forays in the market four years ago.
Central Retail’s e-grocery launches subscription services
The company offers free standard express deliveries at less than $3 a month.
UNIQLO opens door to London’s Regent Street
Fast Retailing noted this is its “most significant store” under the brand to date.
Reliance Retail to launch handicrafts brand ‘Swadesh’
This is in support of the “Handmade in India” programme.
Central Retail invests THB100M in first standalone supermarket
The supermarket is under Tops market for consumers in Eastern Bangkok.
JCCU expands sustainable product offerings
This includes 18 products that use whitebait as an ingredient.
Weekly News Wrap: Lawson mulls supermarket chain IPO; GoTo soars 23% in market debut
And Zilingo suspends its CEO amidst a probe on its accounting practices.
Fast Retailing profit grows 12.7% to ¥189.2b in H1 2022
The company also projected an 8.4% growth in 2022.
Hong Kong set for rebound in retail activity in April: report
But tourist demand is expected to remain muted in the coming months.
Thai retail sales full recovery seen in 2022, 2023
A 10% recovery was posted in 2021.
Thai furniture spending to grow 3.1% in 2022
This is following a 1.1% increase last year.
Social causes key in APAC marketing efforts
Around 60% of APAC marketers consider diversity and inclusion important to their organisations.
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