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Selected SM Markets stores in the Philippines are to open 24 hours a day to take advantage of the holiday buying surge. The Filipino food retailer said shoppers, especially night workers and those leaving holiday shopping to the last-minute, will now be able…
Shopping malls in the Philippines are bucking international trends and are trading stronger than ever, says retail technology expert Nikki Baird. Their secret, she says, is that they offer a wider range of experiences to customers. “Shopping malls in the…
Aeon Malaysia will spend around RM500 million (US$119.2 million) this financial year on mall renovations and new openings. The figure is less than the Japanese retailer’s spend last year and reflects a more focused approach on portfolio consolidation and…
Ever since Bank Negara embarked on a 10-year roadmap to move towards a cashless society, the ever growing trend of cashless transactions has been increasing and is popular amongst the Gen-Y and Millennial Generation. Sunway Malls took the initiative to bring…
Malaysia’s KIP Group will establish three new malls within the coming three years, according to CEO Valerie Ong. The new locations in Raub, Kuantan and Sungai Petani will involve RM150 million (US$36.7 million) in gross development costs and cater to…
Sands China mall revenue rose 5.8 per cent last year as Mainland China visitor numbers rebounded. Sands China owns The Venetian Macao, Sands Cotai Central, The Parisian Macao and The Plaza Macao shopping centres which boast a combined 1.87 million sqft of…
Link Asset Management has bought the Centralwalk shopping mall in Shenzhen’s CBD via its real estate investment trust. The RMB6.6 billion (US$981.9 million) transaction marks Link REIT’s first acquisition in Shenzhen, the second in the Greater Bay Area and…
In a revolutionary development that could potentially redefine the global retail and e-commerce industries, Digital Mall of Asia (DMA), a first-of-its-kind digital e-commerce platform merging the real estate and the digital spaces, has announced the launch of…
Shopping malls are now allocating a higher percentage of their tenant mix (more space) to food & beverage (F&B) retailers, partly because competition from online platforms has impacted other types of retailers such as fashion, according to a market research…
Next week it Chinese New Year. It officially begins on February 5th, 2019, and ends on February 19th. This year will be the year of the Pig. It is the most important festival for Chinese people, so the city is fully decorated with festive installations. The…
Design Orchard mall is set to open on January 25 hosting 61 homegrown labels. The new Orchard Road mall, a joint venture between the Singapore Tourism Board (STB), JTC Corporation and Enterprise Singapore, is conceived of as a home and exhibition space for…
Malaysia’s Sunway Malls is introducing metal straws in a move to help eliminate single-use plastic straws from its property. The decision, made in alignment with the United Nations’ Sustainable Development Goals and the government’s decision to ban plastic…
Owner family members of fashion conglomerate E-Land Group stepped down from management on Thursday, handing over the helm to younger executives internally promoted to leadership roles. The move comes in an effort to rejuvenate its governance structure to…
In the age of digitalization, shopping malls have evolved from a place for consumption to the “Third Space” in people’s everyday lives. Shopping malls provide a comfortable and relaxing environment with humanitarian touches by truly connecting with customers.…
Lulu Group Chairman and Managing Director, M.A. Yusuff Ali dedicated the newly-opened Rs 250 crore mall project – Y Mall to his home town on 29 December, 2018. M.A.Yusuff Ali’s grandchild, Ayan Ali cut the ceremonial ribbon, officially inaugurating the mall.…
Malaysian retailers and mall operators are jumping on the technology bandwagon, adopting technologies such as shopper tracking systems and facial recognition cameras, using data analytics to capture important shopper information. Sunway Velocity Mall general…
