Stores
Shinsegae’s E-Mart24 to open fourth store in Malaysia by end-September
Shinsegae’s E-Mart24 to open fourth store in Malaysia by end-September
The company plans to open 10 stores by end-2021.
Alibaba’s Tmall readies for upcoming 11.11 Singles Day promo
It has opened registrations for merchants and revamped its luxury platform.
Weekly News Wrap: Shanghai boosts duty-free economy; Fast Retailing takes hit from Vietnam lockdown
And online classifieds business Carousell raises $100m in fresh funds.
TASTE x FRESH crossover concept store offers offline+online shopping option
PARKnSHOP and Uni-China Group’s supermarket brands partnered to open this concept store.
South Korea’s stores lure customers to spend relief funds on electronics
Some have, however, criticized this, saying that the funds were meant for small businesses.
Weekly News Wrap: China talks with delivery firms on workers’ rights; Shopee operator seeks $6.3b fundraising
And Indian e-commerce firm Udaan preps up for public listing.
Nominations are now open for the inaugural FMCG Asia Awards 2021
Firms can submit their entries until 29 October 2021.
Immersive visual experiences the key to in-store retail recovery
Across the globe, COVID-19 interrupted almost everything in the physical world with some activities and sectors saved only by digital. The technology...
Germany-based Metro ceases Japan operations
Its wholesale business has suffered from an unfavourable market position.
Alibaba pledges $15.5b to China’s ‘common prosperity’ push
The company has set up a task force to see through its initiatives by 2025.
Weekly News Wrap: JD’s Richard Liu steps back as president; Thailand reopens shopping malls
And Apple is facing an anti-trust case in India over its in-app purchase system.
Stable mall supply volume to keep Chengdu’s vacancy rate falling
Renewal and upgrade will be the main focus of malls in traditional urban areas.
Starbucks appoints Leo Tsoi as China CEO
He previously served as Starbucks China’s COO and president for five years.
Tmall hosts week-long sales campaign for camping items
The company expects a surge in demand for travel gear in the mid-autumn festival.
Starbucks Japan offer 20% discounts to bakery products
The company plans to both minimize food waste and donate part of the revenue to charity.
Convenience Retail Asia plans to expand in Greater Bay Area
Its businesses fared well in markets that began to recover from the pandemic.
Weekly News Wrap: Alibaba shares fall amidst new regulation; Amazon’s fake reviews crackdown hits small Chinese makers
And America’s Museum of Ice Cream launches in Singapore.
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