Topic
17 stories in this topic
The latest distribution of CDC vouchers is set to bring some cheer to Singaporean households, providing much-needed financial relief amid ongoing economic pressures. These vouchers can be claimed online via the official website and are valid until December…
Miniso Group Holding, the New York-listed Chinese household and consumer goods retailer, is planning a second listing in Hong Kong, joining an increasing number of US-listed mainland companies seeking a listing closer to home. The retailer submitted its…
Macro Wholefoods, Woolworths’ health, and food brand, has expanded into the home category with the launch of “Macro Whole Living”, a range of eco-friendly household cleaning products. Products include laundry powders, kitchen liquids and tablets, and…
LIXIL, maker of pioneering water and housing products, today announced the launch of its flagship showroom in Singapore. Located at a heritage shophouse unit at 24 Mohd Sultan Road, the 6,000 square feet store is in the heart of Singapore’s prime lifestyle…
Japanese household goods store The Loft is preparing to open a new store in China’s Chengdu with local superstore business Chengdu Ito-Yokado. The Loft holds a 90 percent stake in the new joint venture, which has registered capital of RMB45 million (US$6.54…
LG Household & Health Care has acquired Avon North America in a US$125 million deal with an affiliate of Cerberus Capital Management. LG H&H holds a strong market position in South Korea’s consumer goods industry, one of the world’s largest beauty markets,…
The Indian users of online grocery delivery service Amazon Pantry have taken to Twitter to urge the e-retail major to resume services ever since it was discontinued on February 1. “Currently, pantry items are not available on Amazon. Kindly stay tuned for…
Milk delivery startup Milkbasket Wednesday said it plans to hire 2,500 people over the next two years and announced the launch of its services in Bengaluru. According to a report, the company said it will hire people to support the operations and growth in…
Korea’s antitrust body is examining the practice of retailers unfairly shifting distribution costs to their suppliers. The Fair Trade Commission (FTC) has started evaluation proceedings against Lotte Mart for transferring this burden and charging an onward…
Ikea will open a store New Zealand in the coming years, opting for the city of Auckland to bow its debut store. The Swedish firm, known for its buy-and-assemble furniture, will open up a pop-up shop in the coming months in the lead up to a fully-fledged…
LG Electronics’ operating profit fell nearly 80 percent in the fourth-quarter of 2018 year-on-year, according to preliminary figures disclosed in a Financial Supervisory Service regulatory filing Tuesday. The smartphone and household appliances manufacturer…
Amway India, the country’s largest FMCG direct selling company has announced the launch of its latest innovation – ‘Glister Herbals Toothpaste’, to mark its entry into the herbal oral care market. Building on the success of its globally popular Rs 100 crore…
Air conditioning company Daikin Malaysia Sdn Bhd, which has allocated a capital expenditure (capex) of RM434 million for the next financial year ending March 31, 2020 (FY20), will ramp up its efforts on driving export growth, in line with its aim for export…
Supermarket retailer Big C has launched its 147th hypermarket at Nakhon Si Thammarat. Big C Supercenter CEO Aswin Techajareonvikul said Big C’s business has continued to expand this year. “We are recruiting new employees to drive our promising business…
The head of Indonesias National Development Planning Agency (Bappenas), Bambang Brodjonegoro, has said household consumption and inflation will be the key to achieving higher economic growth in 2018. “To ensure consistent growth, the best recipe is to…
Bank Indonesia estimated that household consumption rose in the third quarter of this year from 5.04 percent of the countrys Gross Domestic Products (GDP) in the second quarter of this year. One of the factors causing the increase was high consumption during…
