Asian cities dominate the latest retail destination rankings, with the Middle East taking most of the remaining spots. According to the latest edition of JLL’s Destination Retail report, which ranks markets for retailer expansion around the world, Asia is…
Malaysia’s biggest postal company is seeking a more direct role in providing logistics services to Chinese e-commerce giant Alibaba Group Holding Ltd, tapping a boom in online retailing. Pos Malaysia Bhd plans talks with Alibaba this month on bypassing the…
Standard Chartered Bank and Uber announced a partnership that offers all Standard Chartered credit cardholders in six markets (Singapore, Indonesia, Malaysia, Vietnam, India and the United Arab Emirates) across two continents up to 25% cashback for all global…
Italian luxury jewellery group Damiani Malaysia has opened a boutique store in the Pavilion shopping mall in Kuala Lumpur. Precious materials are used in the store’s interior to create a sophisticated environment to enhance the tradition and modernity of…
Now he will also be in charge of encouraging the implementation of digital payment technology. Previously based in Kuala Lumpur, Khan and his division will now be headquartered in Jakarta. Mastercard considers this a move towards recognition of Southeast…
Twenty-year franchise rights for McDonald’s Malaysia and Singapore outlets have been conditionally sold to a Saudi Arabian group for up to US$400 million. Reza Food Services, which owns McDonald’s restaurants in Saudi Arabia, is seeking finance from Malaysian…
Despite shortlisting several bidders for the McDonald’s Singapore and McDonald’s Malaysia franchise rights, Malaysian subsidiary Golden Arches Restaurants says it is not in a hurry to sell. MD Azmir Jaafar says the deal is being discussed with the shortlisted…
The official opening of Shoopen Malaysia attracted well over 1000 locals – lured by the chance to meet a celebrity. The store, which has actually been trading since June this year, is located in Fahrenheit 88 shopping centre in downtown Kuala Lumpur. It has a…
Jimmy Choo Asia sales are soaring, despite the downturn in the luxury market. While the company does not break down its Asian sales figures by market, analysts are reporting “record growth” in Hong Kong and China, in part aided by the opening of a new store…
Singapore-listed lifestyle brand FJ Benjamin has posted notice of its third consecutive year of losses. The listed company made its announcement after Tuesday’s market closing, saying its latest six-month average daily market capitalisation was S$38.8 million…
Chinese tech firm LeEco India plans to open 1000 outlets across the subcontinent by the end of this year. Expecting half of its revenue in India to come from physical stores, LeEco filed an application five months ago with the Foreign Investment Promotion…
After rapidly building a network of stores across Asia, Japanese eyewear retailer Owndays has made its European debut. Owndays Europe has opened its first store in the Netherlands, the design largely true to its Asian format and its simple pricing model…
In a bid to soar above the growing competition in the Malaysian mall industry, Sunway Malls is hiring former flight attendants to work in customer service. As well as experience in delivering quality service, the former flight attendants have training and…
Bangkok is the top-ranked destination city by international overnight visitor arrivals, according to the annual Mastercard Global Destinations Cities Index. Ranking 132 cities, the index projects visitor volume and spend estimates while delivering insights…
ShopBack Malaysia, the most popular Cashback platform in the country, today announces that it is joining the much-awaited #MYCYBERSALE as its official Cashback partner to give away real, hard cash for online shoppers. Organised by Malaysia Digital Economy…
Malaysia’s mall industry, already faced with stiff competition is expected to intensify as another 27.28 mil sq ft of new retail space will be entering the market according to National Property Information Centre (Napic) data. Of the 27.28 mil sq ft supply,…
Retail Academy: Malaysia
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