Wei ZhangGeneral
Traditional shops ‘not dead’ in Thailand
Traditional Thai retail businesses are expected to stay afloat, but their market share is likely to drop over the next five years as e-commerce proliferates.
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Aiko TanakaFashion
Victoria Beckham to expand fashion line to Asia
Cheered by her famous family, Victoria Beckham brought a sexy vision of fall/winter to an intimate New York runway show on Sunday and confided plans to open a second store in Asia. The one-time pop star, mother of four and wife of retired English football…
Wei ZhangElectronics
Dick Smith to have 450 stores by 2017
Dick Smith says Australian retail is starting a sunny period, as seven years of deflation in consumer electronics is replaced by price rises. Price increases to reflect higher import prices will start to flow through now, said Dick Smith managing director and…
Minjun ParkReal Estate
Philippines’ Robinsons to put up 7 new malls
Robinsons Land Corp. (RLC), the property development arm of tycoon John Gokongwei, is opening more shopping centers over the next two years as it intends to retain its foothold as among the top mall developers in the country. RLC said it intends to put up…
Aiko TanakaLiving
Aeon plans big expansion of MaxValu supermarkets in Thailand
Aeon (Thailand) Co, the operator of MaxValu supermarkets, has announced plans to speed up expansion in Thailand by increasing its number of stores to 500 by 2020. The company, which now operates 76 outlets in supermarket and mini-supermarket formats, is…
Aiko TanakaReal Estate
25 new Bangkok malls set for 2015
At least 28 new community malls will be opened in Bangkok and suburban areas in 2015-16 in response to growing urbanisation and changing lifestyles. Community malls accounted for the biggest growth in the retail sector last year. Over a half or 147,000 square…
Wei ZhangE-Tailing
Mining data with mannequins
Italian mannequin maker Almax caused a stir two years ago with its Eye See mannequins, which use facial recognition technology. In one store, Almax’s mannequins alerted managers to a regular spike in Asian customers coming through a particular entrance after…
Rajiv MenonReal Estate
Shanghai’s Xintiandi unveils two new shopping centres
Two new shopping centres with a combined gross floor area space of more than 60,000 square metres will open this year at downtown Xintiandi area, as Shanghai’s first large-scale city-core redevelopment project continues to upgrade, according to China…
Maria SantosFood
Circle K opens 100th outlet in Vietnam, to add 50 more by year end
US-owned 24-hour convenience store Circle K has opened its 100th outlet in Vietnam and expects to have 150 by the year’s end. Vietnam CEO Tony Yan was optimistic about achieving the target, saying Vietnam’s modern retail industry was in the initial…
Maria SantosGeneral
Bittersweet retail holiday in Thailand
The Thai economy may not have fully recovered, but a survey shows locals still plan to celebrate Valentine’s Day on Saturday, the same as lovebirds scattered around the world. This year Thais are likely to be more cautious with their spending, said Thanavath…
Aiko TanakaLiving
IKEA to set up more manufacturing facilities in India
Swedish furniture retailer IKEA will set up more manufacturing facilities in India and has plans to increase production in the country, its top official has said. In a meeting with the Department of Industrial Policy & Promotion (DIPP) Secretary, Amitabh…
Maria SantosGeneral
Thailand to relaunch 7-day discount scheme
Thailand plans to reintroduce its initiative to cut consumer prices after the seven-day campaign last 24-30 Dec as part of a New Year gift to the public proved a great success. The new campaign could be held in May and might be extended to 10 days, Commerce…
Rajiv MenonFood
Dominos wants to take a slice out of McDonalds, KFC
After doubling sales and earnings over the last few years, Domino’s Pizza is chasing a bigger share of the AUD11 billion (USD8.5b) fast-food market by taking sales from fried chicken outlets and drive-through outlets like McDonalds and Hungry Jacks. Not…
Rajiv MenonLiving
Mothercare enters Korea
Babywear retailer Mothercare is to launch in South Korea. The UK-based company has entered into a franchise agreement with Homeplus, a local supermarket chain owned by Tesco, to open retail stores and an eCommerce site. South Korea becomes the 17th Asian…
Maria SantosGeneral
New MD for Tumi Asia
Fernando Ciccarelli has been named the new senior VP and MD of Tumi Asia. Ciccarelli joins the luxury travel luggage retailer after a decade and a half with Coach, Inc. “I have always admired Tumi’s focus on constant innovation, intelligent design and…
Wei ZhangReal Estate
The shrinking ranks of Mumbai malls
More than 10 Indian shopping malls have been shuttered or converted into office space in the last two years – most of them in Mumbai. And more – like the Nirmal Lifestyle Mall in Mulund, central Mumbai, and Centre One, the oldest mall in Vashi, New Mumbai –…