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The retail landscape in Hanoi is poised for a transformative shift, particularly with the impending launch of the Hanoi Centre shopping mall, set to debut in 2025. Located within the Tien Bo Plaza mixed-use project, this 50,000 sqm retail space promises to…
Cuscaden Peak Investments has made the decision to put the Clementi Mall, located in Singapore, on the market. The asking price for the suburban, mid-range shopping hub is expected to be around S$750 million, as per sources privy to the matter. Property…
Banana Sisters, a South Korean legwear brand, has broadened its global presence by launching its second international flagship store in the SM Mall of Asia. This move forms part of the company’s broader expansion plan in Southeast Asia. The new retail outlet…
China’s JD.com is preparing to open its first brick-and-mortar store in Hong Kong as part of its expansion efforts. The company is currently in search for a location for its offline superstore, focusing on home appliances and consumer electronics, similar to…
Japanese retailer Aeon plans to triple the number of malls in Vietnam by 2025 as part of its expansion strategy to meet the needs of a growing middle class population. A report said the number of Aeon malls will nearly triple to 16 throughout Vietnam. Aeon…
Japanese lifestyle shopping mall, Lalaport, is set to open its first Southeast Asian location in Malaysia next month at Bukit Bintang City Centre (BBCC). The Mitsui Fudosan-owned shopping mall is set to open its doors to the public on January 20, featuring a…
Ikea’s shopping malls business – one of the world’s largest – has kicked off the sales process for some 500 flats at its first-ever mixed-use retail and residential development, in Changsha, southern China. Cindy Andersen, MD at Ingka Centres since February,…
Vice-chairman of Bac Ninh People’s Committee, Vuong Quoc Tuan, said the province would provide support for the key project to get underway as soon as possible. General director of AEON Mall Vietnam, Nakagawa Tetsuyuki, said the Bac Ninh Province’s traditional…
Ace Hardware Corporation, the world’s largest retailer-owned hardware cooperative, announced today that Jay Heubner, President and General Manager of Ace International will retire March 1, 2021 after 38 years with the company. Heubner joined Ace Hardware in…
Singapore’s department store Robinsons is closing its last two brick-and-mortar outlets, ending an era dating back 162 years. The business has been placed into liquidation effective today. Robinsons had already closed its Jem Mall store just a few months ago.…
Just in time for the fall fashion season, The Promenade Shops at Galaxy Macau™ is pleased to announce the arrival of Moncler Genius Galaxy Macau Pop-Up. From now till 17 October at the Pearl Lobby, the exclusive Pop-Up will catch the debut of the…
Indian developer Phoenix Mills has launched a 1 million sqft mall in Lucknow, called Phoenix Palassio. “Phoenix Palassio is the first mall to become operational of the five that we are developing as a part of our ongoing expansion of over 5 million sqft…
US mall operators Simon Property Group and Taubman Centers have called off their planned merger, citing the impact of Covid-19 on the retail industry. Simon was to buy an 80-per-cent interest in Taubman, with the Taubman family retaining a 20 percent stake in…
Malaysian mall IPC mall has launched a campaign to promote recycling as part of the “new normal”. At a time when national recycling efforts have been put on hold, visitors are invited to drop off recyclables at the mall’s Recycling & Buy-Back Centre (RBBC) to…
Indian retailers with stores in shopping malls are threatening to close shop if landlords do not meet demands for waivers and new rental agreements. Retailers representing 350 brands are seeking relief from tough rental commitments in the likely face of 12…
South Korean retail group Lotte Shopping will sell off 121 stores this year in an attempt to recover from the impact of the coronavirus pandemic on sales. The company says it will close five department stores, 16 discount stores, 75 supermarkets and 25…
