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Category: General

Retail Asia26/11/2019
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General

Duty Free Philippines opens high-end downtown duty-free store

2min0
Duty Free Philippines Corporation has opened a new downtown duty-free store called Duty Free Luxe at the Mall of Asia in Pasay City. Duty-Free Luxe offers high-end brands across categories including fashion, cosmetics, fragrance, confectionery, wine and spirits. It also houses an all-Filipino concept store Marahuyo, which sells curated high-end local brands, including the luxury […]
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Retail Asia26/11/2019
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General

FamilyMart Japan culls staff as store network shrinks

1min0
FamilyMart Japan is reducing its operational costs by letting go 800 employees. The redundancies equate to about one in 10 of the convenience-store operator’s total staff count, and will be offered with severance packages for volunteers who opt to leave the firm. Moves will also be made to allow the brand’s franchisees to operate shorter […]
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Retail Asia26/11/2019
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General

Google’s Checking Accounts May Help Banks Boost Deposits

3min0
Google’s newly announced checking account service could aid banks in their battle for consumer deposits, as digital-only banks lure away customers with friendly mobile apps and higher interest rates. The technology giant last week said it is partnering with Citigroup and Stanford Federal. The move could help U.S. financial institutions retain customers or add new ones as the industry […]
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Retail Asia25/11/2019
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General

Miniso Hong Kong shutters retail stores

3min0
Miniso Hong Kong has shuttered all of its 50 stores since November 14 citing ongoing protest action – and reportedly won’t be paying staff for the week. A leaked internal memo was sent to staff advising them of a seven-day closure and giving them just one day’s notice. According to Apple Daily, the decision was […]
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Retail Asia25/11/2019
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General

Cebu Pacific increases capacity in Clark, Palawan

3min0
Cebu Pacific said it will end the year as the biggest carrier in terms of capacity at the Clark International Airport and the Busuanga and Puerto Princesa airports in Palawan. In a statement, the Gokongwei-led budget carrier attributed the increased capacity share in Clark to the direct flights to Guangzhou and Puerto Princesa, as well […]
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Retail Asia25/11/2019
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General

AirAsia to start selling competitor flights on website

4min0
AirAsia has expanded its online offering to include flights on other airlines as it transforms airasia.com into Asia Pacific’s leading travel and lifestyle platform. This was done in partnership with leading travel technology company Kiwi.com. Powered by Kiwi.com, AirAsia’s website users will be able to book travel on more than 100 airlines to destinations currently not […]
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Retail Asia25/11/2019
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General

Google Maps update flattens buildings

2min0
These days, Google Maps is more than just a mapping and navigation app that gets you from point “A” to point “B” using the fastest route. Maps now tells you about restaurants, shopping and entertainment venues at “B.” It will also show you how you can get around using local transit options, a bicycle or […]
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Retail Asia25/11/2019
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General

Facebook tests a fresh new feature

3min0
It’s one thing to copy a feature from an app that belongs to another company, but Facebook is now thinking about copying a feature from a family member. Popular Photos are being tested on Facebook and provide users with photos from friends and family members that they can scroll to view. Popular Photos, which are […]
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Retail Asia22/11/2019
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General

Google News to receive an important new feature in 2020

1min0
Beyond the Headlines is one of the important new features that Google News users will get next year. It’s meant to “connect readers with in-depth articles exploring important issues such as healthcare, the environment, education and more.” More importantly, Beyond the Headlines offers Google News users an estimated read-time feature, which lets them know how […]
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Retail Asia22/11/2019
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General

Samsonite sees third-quarter sales

3min0
Luggage company Samsonite’s net sales fell by 0.7 percent in the third quarter, as the US-China tariff war put pressure on the US market and increased distribution expenses affected the company’s gross profit margin. In its latest financial report, Samsonite said net sales in the three months to September 30 decreased to US$921.5 million while […]
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Retail Asia21/11/2019
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General

Real Singapore retail sales stable in September

2min0
Real Singapore retail sales (excluding motor vehicles) slipped by 0.3 percent in September compared to the same month last year. With motor vehicle sales included, the decrease was 2.2 percent, marking the eighth consecutive monthly decrease in the headline figure.s Month on month, retail sales excluding vehicles rose by 0.8 percent. Significantly, online sales grew […]
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Retail Asia20/11/2019
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General

Kenneth Cole India opens first flagship store

2min0
Kenneth Cole India has opened its first flagship store. The American fashion house’s 1200sqft store, located at Infiniti Mall in Malad, Mumbai, carries the brand’s men’s and women’s clothing, footwear and accessories. Kenneth Cole India is operated by its local partner Brandzstorm, which will work with the brand to design, manufacture, distribute and retail Kenneth […]
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Retail Asia20/11/2019
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General

Lotte steers Rezolve to South Korea

2min0
South Korean retail conglomerate Lotte is bringing London mobile shopping tech startup Rezolve into its market. The Korean firm will incorporate the startup’s IT product, which allows customers to take advantage of deals in print by scanning them with their mobile devices in Lotte’s supermarket app. Lotte earns a large proportion of its supermarket revenues […]
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Retail Asia19/11/2019
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General

Myer turns up the tech scene this Christmas

3min0
Myer once again has launched a technology-fuelled Christmas campaign, with this year’s campaign including a bluetooth-enabled stocking and online hub where Aussie kids can write a letter to Santa, create a wish list (which parents can share with friends and family) and track the whereabouts of Santa on Christmas Eve. The “Christmas is where we […]
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Retail Asia19/11/2019
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General

Miniso $2 concept success exceeds expectations

2min0
The new Miniso $2 concept store launched in Singapore is achieving sales volumes four times that of the brand’s conventional stores in the city. The Chinese discount-merchandise retailer has opened a second $2 outlet less than a month after the first store’s debut, hitting what the brand describes as new sales records. Hundreds of people […]
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Retail Asia19/11/2019
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General

Luggage brand Lojel opens Hong Kong concept store

1min0
Lojel has opened its first concept store in Causeway Bay, adjacent to the drone-technology flagship of DJI. The new store will feature personalization opportunities, an in-store warranty repair service and advice on product care. Travel gurus will make occasional appearances to host events promoting travel destinations. During the opening week from November 7-13, the brand […]
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Retail Asia18/11/2019
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General

WeWork to open 2 coworking offices in HCMC

3min0
Coworking startup WeWork plans to open two more offices in Ho Chi Minh City’s District 1 this month. One of them will be at Lim Tower 3, and rents will start at VND6.9 million ($297) per month for a single-seat, according to the company’s website. Another will be on Sonatus Building, with prices starting at […]
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