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For Malaysian consumers, the last couple of years have been a mercurial ride with the implementation of the Goods and Services Tax (GST) and the subsequent effects of it as well as other global and domestic events which have rippled through prices of goods…
Japanese convenience store operator Ministop is pulling out of the Indonesian market, at least for the time being. The company announced Friday that it is terminating a franchise agreement with local retailer Bahagia Niaga Lestari, which wants to concentrate…
Bison Consolidated Bhd is expanding its myNEWS.com press and convenience retail brand to Myanmar via a management agreement (MA) with Singapore-based SMI Retail Pte Ltd. In a filing with Bursa Malaysia yesterday, Bison said its wholly owned subsidiary Bison…
Low-cost coffees at Korean convenience stores are increasingly popular among price-conscious consumers, posing a threat to coffee shop franchises, industry data showed Monday. Local convenience stores have served canned coffee and instant coffee with hot…
Japanese convenience store operators are shrinking the size of their outlets in Indonesia amid growing competition from local rivals. But the strategy of pursuing profitability over scale runs the risk of downsizing the companies out of the market. In…
PT Sumber Alfaria Trijaya Tbk (Alfamart), an Indonesia based convenience store chain operator, is planning to expand its footprint in the Philippines to about 160 stores by the end of this year. The move is expected to help strengthen the company’s presence…
Convenience store owners love people like Bae Moon Sung. The 34-year-old finance worker lives alone and shops for almost everything at his local minimart. “Onions, cucumbers, they come in compact packages at convenience stores, which is more suitable for a…
Listed retailer 7-Eleven Malaysia says it is going to open 200 new shops across the nation this yr – and refurbish 200 extra. A 3rd of these might be within the Klang Valley, the guts of larger Kuala Lumpur. The enlargement and rejuvenation, estimated to…
Moist markets and conventional shops stay the popular retail channels for Vietnamese consumers, although they’re beneath menace as shoppers shift away, based on a Nielsen report launched on Wednesday. The 2 have seen a decline in gross sales of 5 per cent and…
Sumber Alfaria Trijaya, the operator of the Alfamart comfort retailer chain, plans to open between 100 and 120 new shops within the Philippines via its subsidiary Alfamart Retail Asia, as a part of the corporate’s regional enlargement plan. The corporate has…
The nation’s convenience stores are changing with the times, shedding their image as places for young shoppers keen on fast food, concert tickets and comic books, and increasingly catering to older clientele. As the population grays and people live longer,…
