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93 stories in this topic
Pan Pacific International Holdings, the company that operates the Don Quijote discount chain, reported on Wednesday a net profit of 66.1 billion yen ($455 million) for the fiscal year ending June, hitting a record profit for the 14 consecutive year thanks to…
WinCommerce, the operator of WinMart retail chain, saw its loss tripling from 2021 to VND445 billion ($18.97 million) last year. Since being acquired by Masan Group from Vingroup in 2019, WinCommerce has not been able to turn a profit. Its revenues declined…
Ingka Centres, part of Ingka Group, is set to open a mixed-use development in Gurugram, Southwest of New Delhi, marking Ikea’s first shopping mall in the country. Construction is set to start early next year, with an investment of US$448 million. The project,…
Danish jewelry maker Pandora said on Tuesday that a strong performance in the United States spurred rapid sales growth in the second quarter but sales in China fell. Pandora, which aims to strengthen its brand in the world’s two biggest economies, said its…
Twitter will begin allowing businesses to showcase products for sale at the top of their profile page, the social networking company said on Wednesday, as it seeks to grab a piece of the lucrative online shopping world. The San Francisco-based company is…
Netflix will launch an online store to sell limited-edition apparel, lifestyle merchandise, and collectibles based on Stranger Things, Lupin, and other popular shows, the streaming giant said on Thursday. Netflix.shop will be available in the United States…
Twitter is planning to introduce a new shopping feature similar to what other social media like Facebook and Instagram offer. According to social media consultant Matt Navarra’s recent tweet, the social media giant is testing a new card designed to appear in…
Japanese discount retailer Don Don Donki, known as Donki, looks on course to make its Taiwan debut, with a new 24/7 store rumored to be opening in the popular shopping destination of Ximendeng in Taipei. The company is yet to reveal the location or the…
Luxury fashion label Burberry has teamed with technology giant Tencent to launch its first social retail store in Shenzhen, China. Located in the new Shenzhen Bay MixC development, the Burberry social store features a unique design with a variety of materials…
Facebook Shops has launched in South Korea to compete in a booming e-commerce market. On a playing field dominated by local businesses, Facebook’s service allows sellers to showcase their products via a highly customizable online storefront, which shoppers…
Japanese sports and outdoor goods retailer Alpen Co is set to launch Kanagawa’s first experience-based store late next month. The Alpen Outdoors LaLaport Yokohama store will handle more than 40,000 predominantly outdoor-related products under 200 brands.…
Tech startup OneDash has unveiled a chat-to-checkout service which eliminates the need to quit a chat session to complete a purchase. The OneDash app also enables interactive video so shoppers can connect with retailers in real-time and interact personally.…
Tokyo Metropolitan Government has launched a souvenir shop, Tokyo Tokyo, at Haneda Airport. Located in a retail strip at the airport’s international terminal, Edo Ko-ji, Tokyo Tokyo offers a wide selection of souvenirs including traditional dolls Daruma,…
Hong Kong-headquartered fashion brand Esprit has signed with Kids Fashion Group (KFG) to manage the firm’s design, production, and distribution of the Esprit Kids collection. The new contract follows the end of a five-year agreement with French childrenswear…
Taiwanese cafe chain Mr Brown coffee has shuttered eight outlets in Taipei due to falling customer demand, among other factors. The closures include a sizeable store in central Tamsui that will cease trading later this month. Employees at the affected outlets…
British stationery brand Paperchase is now selling in Malaysia at selected MPH bookstores. According to a Malaysian Reserve report, the London-based firm – one of the largest gifts and stationery retailers in the UK – is joining brands such as Typo and…
