The broad sweep of Asian retail: chains, consumers, policy and the deals that move the market.
Matahari Department Store opened its 130th outlet in Cyberpark, North Lippo Karawaci, last week to tap growing demand of consumers in the Tangerang region, the retailer said in a statement. Matahari currently operates in 62 cities across the archipelago and…
Thai e-commerce operators are urging the government to impose lower rates of taxation in order to encourage them to enter the revenue system and pay proper taxes. Offering lower rates to small and medium-sized enterprises could also encourage them to go…
Consumers in Australia are less anxious than at any time in the past 18 months amid signs of a robust finale to the Christmas shopping season. The National Australia Bank’s consumer anxiety index, released on Tuesday, has fallen for a second straight quarter…
Australian supermarket giant Coles has been ordered to pay AUD10 million (USD8.1m) in penalties for “serious, deliberate and repeated” misconduct towards suppliers that were in some cases in financial trouble. The Federal Court ruled in favour of a settlement…
Woolworths buyers have told suppliers their products could be pulled from shelves just days before Christmas if they refuse to fund the supermarket giant’s new Cheap Cheap advertising campaign. “I was asked for a contribution of almost $1 million, and when I…
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Read by retail operators, investors and brand teams across Asia.