Indonesian retailer Hero Supermarket on Wednesday said it will sell its poorly performing Starmart convenience store business to local food conglomerate Wings Group. Hero is selling about 80 Starmart outlets to Fajar Mitra Indah, a unit of Wings Group and the…
“A tanning salon in Thailand? Isn’t that like trying to sell ice to the Eskimos?” That was the response from a friend when I mentioned I was going to visit a tanning salon in Bangkok that claims to be the first of its kind in the country. It’s a fair…
Kingsdown, an employee-owned mattress manufacturer, announced recently that it has debuted its first bedMATCH system in Songdo, South Korea. Kingsdown is one of the largest U.S. manufacturers selling product in Asia, and plans to use this program as a…
Nalaanlat Nunnonl, chief marketing officer, said the company’s vision was now to become one of the leading players for beauty products in Asean by 2020. The company next month will launch its own house brands – Clouda for makeup and Keira for skincare – with…
Build-A-Bear Workshop has recorded its third consecutive year of increased profit. CEO Sharon Price John has attributed the ongoing improvement in the once-challenged children’s experiential workshop concept to initiatives including store remodelling in the…
The policy is imposed on all retailers, including supermarkets, stores and vendors at traditional markets. Bandung is adopting a more conservative approach, charging customers the minimum Rp 200 per bag, mayor Ridwan Kamil said at the initiative’s launching…
The flagship store of JAJU, a retail brand by Shinsegae International, is all clean lines, muted colors and minimalist goods. Everything from notepads and diffusers to kitchen products, body cushions and clothes are on display for prices that make even the…
On 18 February 2016 Ikano and Central Pattana representatives broke ground at the site for Thailand’s second IKEA second store in West Bangkok. From left to right: Ms. Amornrat Bunyongsin GM-Central Plaza Westgate; Ms. Lacia Sherlock, IKEA Retail Project…
2016 marks the 90th year of Colgate-Palmolive in the Philippines and with that, the various global brands that have helped improve the lives of Filipinos. These brands include: Colgate, Palmolive, Gard, Tender Care, Axion and Ajax. Colgate continues to be the…
As Walt Disney readies to open its first Disneyland resort in mainland China and its sixth in the world by June, its decade-old theme park in Hong Kong has tumbled back into a loss, portending challenges ahead amid the country’s slowing economic growth. Hong…
“We are creating the world’s best integration of a Ikea store into a shopping centre,” said Sebastian Hylving, expansion director for Ikano Private Ltd, holder of the Ikea franchise rights in Singapore, Malaysia and Thailand. The branch will offer wide-open…
Traditional Chinese medicine brand Tong Ren Tang has accelerated its overseas expansion, opening nine stores abroad last year. It has developed 31 branches in 25 countries and regions, has 115 retail sites, clinics and health centers, and served more than 30…
Electronics and furnishings retailer Courts Asia has reported a modest 0.3 per cent increase in profits for the third quarter – against a background of a stagnant domestic market. The company’s sales grew a healthy 6.1 per cent – mostly due to increased sales…
A 75 per cent plunge in net profit has been reported by Singapore health and wellness company Eu Yan Sang International for its second quarter. However, higher sales in Singapore and Australia helped it post marginal improvements in revenue. This edged up 1…
China’s Ambassador to Qatar, His Excellency Li Chen, and Qatar Airways Group Chief Executive, His Excellency Akbar Al Baker, commemorated Chinese New Year, with a visit to Qatar Duty Free’s traditional Chinese pavilion on 10 February 2016. Hany Al Deeb,…
Indonesia has banned the blogging platform Tumblr, saying that the site distributes pornographic content. Azhar Hasyim, e-business director at Indonesia’s Information Ministry, told the BBC the decision had been made without consultation with the New…
Weekly Briefing
Asia's retail intelligence, in your inbox
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Top industry moves and market shifts
Weekly data-driven analysis from across Asia
Tuesday, Thursday and the Saturday Weekly Wrap
Read by retail operators, investors and brand teams across Asia.