Every story from across Asia, newest first — your real-time feed for retail, e-commerce, and consumer intelligence.
Courts Asia, the operator of retailer Courts Megastore, began with construction of its second outlet in Indonesia on Thursday, as the company races to tap into the country’s growing middle-income group. The three-storey structure will boast 20,400 square…
Matahari Department Store (MDS) opened a new store in Indonesia’s Singkawang, West Kalimantan, to tap the economy prospects in the region, the publicly-listed company said in a statement on Thursday. The store, called Matahari Singkawang Grand Mall – MDS’s…
Coles’ and Woolworths’ push into the healthfoods category has been bolstered by a global survey underlining the strength of consumer demand for healthier packaged and fresh foods. According to research firm Nielsen, about 71 percent of consumers in the…
Apple Inc has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report on Thursday, reflecting the iPhone maker’s recent hot streak in the country. The US tech firm’s focus on…
Malaysian cable TV operator Astro has entered a joint venture with South Korean multimedia retailer GS Home Shopping. And Astro is projecting sales of RM500 million (US$143 million) annually by 2019 after the service has gained critical mass. Astro will own…
CEO of CapitaRetail China Trust Management Limited (CRCT), Tony Tan said the growth was underpinned by the new contribution from CapitaMall Grand Canyon and rental growth from the other multi-tenanted malls. “Rental reversion was a robust 20.6 per cent, and…
Singapore’s Changi Airport says sales at retail outlets across its terminals topped S$2 billion in 2014, despite a slump in passenger numbers inbound from China. It’s the second year in a row the $2 billion barrier was breached – Its 2013 growth represented a…
Google is expanding its Great Online Shopping Festival from India to Singapore, from today through Wednesday. The online event, loosely modelled on the famous US Cyber Monday, allows global apparel brands such as adidas and Uniqlo and travel retailers like…
New Horizons, the world’s largest independent computer training company is planning expansion into ASEAN. The company, which offers a broad range of technical and desktop application training and certification courses, has signed an exclusive franchise…
Asia Pacific retail rent growth will continue in 2015 – but at a slower pace, according to the latest research from CBRE Asia. Rental growth is projected to ease to 2.4 per cent region wide, compared with 5.4 per cent in 2014. The hottest markets: Tokyo,…
Japanese retail giant Aeon Co. said on Tuesday that it has reached an agreement on a business tie-up with two of Vietnam’s major retailers Fivimart Co. and Citimart Co. in a bid to develop supermarket business in Vietnam. Fivimart Co. is the largest…
Starhill Group, the mall-owner REIT, says improving returns from its Singapore property Wisma Atria cushioned the impact of foreign exchange fluctuations and a sluggish retail environment in China and Hong Kong. While shopper footfall in Wisma Atria was down…
Singapore’s newest eCommerce player SavingMart.sg believes it will complement existing online merchants. SavingMart.sg will offer value-conscious shoppers access to coupons and deals from the growing list of existing online businesses. “Whether the goal is to…
Could this be the most bizarre retail concept yet? An entire retail store devoted to natural mosquito repellents, located in the world’s busiest airports? But it makes a lot of sense… MosquitNo is a Dutch business has pioneered a natural means of protecting…
Chinese eCommerce giant Alibabahas reported a 40 per cent increase in sales in the quarter to December. But its net profit for the period plunged 28 per cent to $US964 million impacted by a one off charge and higher taxes. Based in Hangzhou, Alibaba owns…
US-based Buffalo Wild Wings opened its first restaurant in the Philippines on Thursday, (January 29). The new restaurant at Capitol Commons in Pasig City is the first of several to open in the Southeast Asian country, joining more than 1070 Buffalo Wild Wings…
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