Topic
75 stories in this topic
Sunway Malls, one of Malaysia’s leading shopping center operators, has launched a pioneering artificial intelligence (AI) system designed to transform its locations into the nation’s first “smart malls.” The innovative AI network will work in tandem with…
The Japanese retail giant, Don Don Donki, has disclosed plans to close its outlet at HarbourFront Centre in Singapore this July. Shoppers will be in for a treat as select items will be sold at clearance discounts, some with up to 70% off. The store, popular…
Pop Mart, renowned for producing the popular Labubu figures, is set to expand its presence in the United States. This decision has been well-received by the corporation’s shareholders. Pop Mart has unveiled an ambitious plan to inaugurate more than 20 new…
South Korean retail behemoth Lotte Shopping is poised to expand its footprint in Vietnam, planning to open two to three new large-scale shopping malls in key cities by 2030. This initiative emphasizes Vietnam’s burgeoning significance within Lotte’s global…
An ultramodern shopping mall has officially opened its doors in Tokyo, aiming to attract shoppers not just with products, but also with memorable experiences. Located near Takanawa Gateway City in the Minato ward, this new destination launched on September 12…
In a bid to aid its liquidity amidst a challenging real estate market, the China-based real estate tycoon, Dalian Wanda Group, is strategizing to liquidate 48 of its shopping complexes. Details of the Deal In this context, a joint venture steered by Hong…
SM Prime Holdings Inc (SMPH), one of the largest property developers in the Philippines, is set to open four shopping malls this year, adding 440,000sqm of retail space. The company plans to open SM City Caloocan, with 94,000sqm of gross floor area, in the…
Indonesia’s capital Jakarta allowed retail malls to reopen last week to an exclusive crowd – shoppers vaccinated against coronavirus. With restrictions still in place in much of Indonesia, Jakarta’s malls are allowed to operate at 25-per-cent capacity to try…
How art and apps drove growth for K11 malls – before and after pandemic. Revenge consumption has helped K11 shopping centres across Mainland China and Hong Kong flourish in the wake of the Covid-19 pandemic as the company worked to attract customers back to…
Mall vacancy rates in the Philippines will rise to 12 percent this year, predicts real estate consultancy company Colliers. The company says falling footfalls due to the Covid-19 pandemic and a move by consumers online are impacting the business of physical…
As Bangkok malls reopened in line with relaxed lockdown rules, Thais are being forced to download a tracking app to enter properties, sparking privacy concerns. Consumers rushed to return to shopping as usual from Sunday following two months of restricted…
Singapore mall operators are waiving rents for tenants as the city-state enters a shutdown period to control the spread of the coronavirus. The waiver is being extended to all tenants at Suntec City, including those permitted to remain open for business, such…
The Singapore government is instructing local consumers to defer non-essential visits to malls. The move is part of a strategy to encourage social distancing in the midst of the coronavirus outbreak and includes advice to all Singaporeans to consider shopping…
Malls in India affected by the coronavirus outbreak are seeking a bailout from the government to compensate for losses incurred during a mandatory shut down period through to March 31. The decision has affected both retailers and developers in the various…
Panic buying is spreading like wildfire among a number of countries as fear of the coronavirus deepens. But large shopping malls in South Korea, however, are as peaceful as in the pre-coronavirus era. Experts argue that prior experiences in dealing with…
Two giant Indian malls, in Nagpur and Amritsar, have been snapped up by Virtuous Retail South Asia for US$100 million. The 1 million sqft Amritsar centre and 700,000 sqft Nagpur property were bought from Tata Realty and Infrastructure’s Trilium shopping mall…
