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SM Retail, the Philippine conglomerate, reported a 5% increase in net income to US$143.8 million for the first half of 2026. This growth was driven by robust consumer spending on essential goods and a strategic expansion of its store network.
Asian-rooted retailers Miniso and 99 Ranch Market are among the fastest-growing in the United States, according to the 2026 NRF Hot 25 Retailers list. Their success highlights a growing trend where retailers build loyalty by offering value, convenience, and a…
South Korea’s Retail Sector Sees 9.2% Growth Amid Rising Online Sales In a marked turnaround, South Korea’s retail industry experienced a remarkable 9.2% year-on-year growth in March 2025, driven by a surge in online shopping. While brick-and-mortar stores…
South Korea retail sales inched up 0.7 per cent year on year last month with online malls outshining brick-and-mortar stores, government data shows. Sales for 13 online stores and marketplaces jumped 21.6 per cent, according to the Ministry of Trade, Industry…
Japan’s economy grew twice as fast as originally estimated in the third quarter thanks to big gains in capital expenditure, revised data showed on Friday, with expansion seen to continue thanks to buoyant exports. The capital expenditure component of gross…
Asia’s grocery retail market will be significantly boosted by a rising population and increased shopper spend, with consumer spending in the region accounting for nearly half of additional sales generated to 2022. Global growth will be driven by several…
South Korean online mall sales growth has decelerated as competition grows more fierce, government data shows. There was a 3.6 per cent increase in the combined revenue of 26 offline and online retailers to 10.22 trillion won (US$9 billion) in July, according…
For the first time in 11 years, China retail sales growth has slipped below 10 per cent. With market expectations of a 10.6 per cent rise, official data shows sales for the first two months this year increased by only 9.5 per cent. The National Bureau of…
Vietnamese manufacturers’ biggest rival is Thailand, experts say. The country exports a wide range of goods, from chicken to slippers, from cosmetics to electric cookers. Most recently, Central Group has acquired Big C at the price of $1.04 billion Figures…
Retail opportunities are growing in Southeast Asia’s property sector due to the region’s strong consumer market, particularly in populous countries such as the Philippines and Indonesia, according to a report by global real estate services firm Jones Lang…
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