Author: Retail Asia

Retail Asia14/07/2021
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6min0
Mr. Sathien Setthasit, Chairman of TD Tawandang, proprietor of TOOKDEE retail store, reveals that TOOKDEE brand aims to set new standard for convenience stores in local communities that are vital base of grassroots economy in Thailand. With elevated standard, knowledgeable operation and technology-based management, TOOKDEE is set to become the “community store by the community, for the […]

Retail Asia14/07/2021
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2min0
Today, Starbucks announces a collaboration with the phenomenal K-pop Girl Group BLACKPINK, launching a new limited-edition merchandise collection on July 12 in select stores to Starbucks customers in Thailand. The Starbucks® x BLACKPINK ‘Spark in You’ collection features hearts on a dreamy starry background, with BLACKPINK’s iconic black and pink contrasting colors and sparkling star […]

Retail Asia14/07/2021
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4min0
Online fashion group Asos has partnered with US retailer Nordstrom in a joint venture that will see Topshop clothes sold in physical stores again for the first time since the brand collapsed last year. The deal sees Nordstrom, which first struck a deal with the former Arcadia brand nine years ago, buy a minority stake in the Topshop, Topman, Miss Selfridge and HIIT […]

Retail Asia14/07/2021
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2min0
Some customers have taken undue advantage of its price stabilization program to buy large volumes of goods and resell them at higher prices, leading supermarket chain Saigon Co.op says. The Saigon Union of Trading Cooperatives said the unethical hoarding has resulted in frequent shortages of some goods, especially chicken eggs. To deal with the problem, […]

Retail Asia14/07/2021
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5min0
7-Eleven has officially opened its 1000th store in Hong Kong – a milestone moment for both the brand and its customers. 7-Eleven launched its very first store in Happy Valley back in 1981 and, 40 years later, has opened its 1000th store on Des Voeux Road in Central. An integral part of the community and a […]

Retail Asia14/07/2021
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2min0
Masterfoods has rolled out new packaging for its range of herbs and spices, aiming to make the shakers more user-friendly and with more differentiation between items. The herbs and spices will now come in color-coded lids, with improved labeling, and “easier-to-use” shakers. Old screw-top caps will be replaced with flip-top lids so that people with […]

Retail Asia14/07/2021
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2min0
Sixteen commercial banks have agreed to reduce interests on existing loans of Covid-hit businesses from now until the end of the year. The banks include Vietcombank, Vietinbank, BIDV, Agribank, Techcombank, MB, VPBank, TPBank and Sacombank. Lowering interests is difficult, but this is the time when banks need to share the burden with businesses, said Nguyen […]

Retail Asia14/07/2021
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5min0
Speaking at the opening address of the ATxSummit, Singapore Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr Heng Swee Keat announced that Singapore will be stepping up investments to unlock the full potential of the digital revolution through collective action. Investment in research and innovation is key to building solutions for the future and staying at the forefront of […]

Retail Asia14/07/2021
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7min0
Ethereum price isn’t even trading at half the all-time highs it once was, and it has investors, traders, and analysts alike talking about a bear market in crypto. However, with such a severe selloff, it could be enough to stave off a longer bear phase, and a rebound from current levels could send Ethereum to […]

Retail Asia14/07/2021
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1min0
Auto sales in the first six months rose 40 percent year-on-year to 150,481 units, according to Vietnam Automobile Manufacturers Association (VAMA). Passenger vehicles saw sales rise 37 percent in the period, while commercial vehicles grew 48 percent and special-purpose vehicles, 68 percent. Local brand Truong Hai Auto Corporation retained the top spot with 51,685 units, […]

Retail Asia14/07/2021
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2min0
The company, which purchased Singapore-based financial comparison platform GoBear earlier this year, has appointed a chief growth officer, who will play a critical role in its global expansion. Australia-headquartered Finder has appointed strategic business executive Jinnee Lim to the role of chief growth officer – Southeast Asia, effective immediately, the fintech announced on Tuesday. Lim brings over 15 years […]

Retail Asia14/07/2021
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2min0
He brings extensive knowledge of the regional wealth management industry, as well as the North Asia market, from his experience as a team leader for other global wealth managers. Indosuez, the global wealth management brand of Crédit Agricole Group, has appointed Alfred Low as the firm’s Head of North Asia Market and Strategic Partnerships in Singapore, effective September […]

Retail Asia14/07/2021
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3min0
AirAsia Group has revealed plans to raise up to MYR1.024 billion ringgit (USD244 million) through a renounceable rights issue, with the funds to be diverted to the group’s working capital and operational costs, as well as to further boost efforts to diversify through its AirAsia Digital businesses. The cash call to its shareholders includes seven-year redeemable convertible unsecured […]


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