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Chagee: The Chinese Tea Brand Poised to Enter Philippine Market Chagee, a renowned Chinese tea brand, is poised to infiltrate the Philippine market. This expansion is earmarked for August, with three branches slated for unveiling in Metro Manila. The fresh…
The retail landscape in Asia is experiencing a significant transformation as businesses increasingly turn to innovative strategies to engage consumers. Amid this shift, a recent report highlights the rising trend of pop-up stores, which are capturing the…
Gap, a leading global retailer, has demonstrated an impressive performance in its first quarter. The company’s success is primarily attributable to the robust results from its principal brands, Gap and Old Navy. First Quarter Sales Surge The company reported…
UK-based sports fashion retailer JD Sports is making a splash in the Philippines with plans to open two stores in 2025, tapping into the country’s growing streetwear and sneaker culture. The first location will debut at the bustling SM Mall of Asia come June,…
Starbucks Tuesday celebrated its 6,000th store in the Chinese mainland, located in downtown Shanghai. Shanghai thus became the first city in the world to have 1,000 Starbucks stores, Starbucks China said. In 2018, Starbucks announced it would have 6,000…
CJ Olive Young looks set to solidify its front-runner position in the health and beauty store market, with GS Retail’s announcement that it will shut all of its Lalavla stores. Lalavla, GS Retail’s health and beauty store brand, will shut down all of its…
Luxury confections brand Lady M will close all outlets on the Chinese mainland by September 10 but plans to return with a new business strategy later. The New York-based patisserie brand has 27 licensed stores in Chinese cities including Shanghai, Beijing,…
Lawson will begin offering Muji brand products at its 14,000 stores across Japan, as the Japanese convenience store chain aims to boost customer traffic with the popular ‘no-brand brand’ lifestyle goods. Lawson plans to replace 3,500 items with those of Muji,…
Uniqlo owner Fast Retailing says its clothes will be made of 50% recycled materials by 2030 as it works toward its goal of carbon neutrality by 2050. The goal was announced on Thursday along with other sustainability targets and follows an announcement in…
The decline of brick-and-mortar retail has long been discussed in the industry, to the extent that some alarmists started to talk about its inevitable death. However, recent reports of Amazon’s plans to create a network of physical retail outlets demonstrates…
Auckland International Airport has posted an after-tax profit of $464.2m for the year to June 30, while also announcing plans to build a retail precinct with 100 stores that is expected to create 500 new jobs. Although its after-tax profit was up 139 percent…
Now that it’s officially swallowed the lion’s share of online retail sales, Amazon is reportedly eyeing ways to corner our offline shopping, too. The e-commerce giant is drumming up plans to open “several” department-style stores in a handful of cities across…
A new and welcome change to Google Pay users in the US is now coming: you will be able to use your Google Pay balance to pay in stores. The new feature is currently only available in the States, but it should be available to all Google Pay users soon.…
Hybe, the entertainment company behind Kpop superstars BTS, is to launch three more BTS pop-up stores across four Asian cities after success in Bangkok. The company said it will roll out the album-themed stores in Manila, Taipei and Singapore this year, due…
We have all seen the headlines and excess of statistics about the uptick in online shopping over the past year. The global boom in eCommerce is obvious, but what is less clear is the vast impacts the last year will have on traditional retailers in the…
South Korean ‘naturalism-oriented’ cosmetic brand Innisfree is closing all of its Canadian stores and the company is blaming the COVID-19 pandemic. Innisfree opened its first Canadian store almost two years ago and plans were in place for a cross-Canada…
