Chinese smartphone maker Xiaomi is likely to expand its sales model of online to offline integration abroad, as its chief executive pins his hopes on so-called “new retail” to arrest a slide in its home market as well as winning more buyers overseas. Lei Jun,…
American food chain Smoothie King has closed all seven of its stores in Singapore over the past month – although it says it is still keen to operate here within a franchise agreement. The news has shocked observers as the food and beverage segment is said to…
Home furnishing and accessories shop iwannagohome will close its outlets in Singapore, its parent company confirmed on Friday (Feb 26). Both its branches at Tanglin Mall and Great World City will be closed, said a spokesperson for the brand, which debuted in…
Airport Authority Hong Kong (AAHK) has welcomed nine newly-opened retail shops and a café to the recently-inaugurated Midfield Concourse at Hong Kong International airport. In addition to the new shops outposts there are also outposts and a money-exchange…
India’s Reliance Industries has said it will shut down non-profitable outlets belonging to its retail chain Reliance Retail. “It will be a wise decision to shut down stores which are not doing well and are a drain on the finances. All retail players operate…