Stores
Hong Kong’s MTR rolls out rental relief to mall tenants
Hong Kong’s MTR rolls out rental relief to mall tenants
The amount of support will be based on the individual circumstances of tenants.
Year of reform for Tianjin’s retail market in 2022: report
The market is expected to welcome four new retail property projects in 2022.
Central Retail sees double-digit sales growth in January
This growth accelerated its CRC Retailigence strategy.
AllDay Supermarket ‘optimistic’ over 2022 outlook after 28% footfall growth
This was driven by the uptick brought by the peak season.
Philippines’ SM Investments lists P15B bonds
The bond offering was 3.7 times oversubscribed.
Consumers in UAE remain optimistic despite Omicron variant
This was supported by the Dubai Expo and the increasing economic activity.
South Korea household spending to rise by 3.4% in 2022
Consumer spending will exceed pre-pandemic levels, according to Fitch Solutions.
Uniqlo to open 5 new stores in Singapore in 2022
It will include the first neighbourhood store along Ang Mo Kio Avenue 3.
Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK
Retail sales growth is expected to be lower in 2022 at 7%.
Consumer spending growth in UAE to ‘normalise’ to 3.6% in 2022
This is slower than the 7.5% estimated growth in 2021.
Alibaba unveils use of proceeds from $1b sustainability bond
Most of the net proceeds were used in constructing green data centres and buildings.
Weekly News Wrap: Hong Kong residents raid supermarket shelves; Seven & i urged to focus on 7-Eleven business
And Alibaba-backed Huitongda Network to price its Hong Kong IPO at bottom of range.
Vietnam’s retail sector shows signs of recovery: report
Sales grew for the first time without a low base in the last two months of 2021.
Australia’s retail sales volumes rise 8.2% in Q4 2021
Thanks to the rise in sales in discretionary industries, following a lockdown in the previous quarter.
Homeplus fined $2m for passing promotion costs to suppliers
Its supermarket unit had made its suppliers shoulder costs worth $1.42m.
South Korean retailers cut back on promotions
Department stores and malls have shut down promotional events due to quarantine protocols.
Zomato posts INR2.7b loss in Q3 2022
This is an improvement from INR3.1b loss in the previous quarter.
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