Category: General

Retail Asia13/03/2020
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1min0
Taiwanese bookstore chain Eslite will shutter its 24-hour Dunnan shop in Taipei when the store’s lease expires at the close of May. The bookstore, which has remained popular with backpackers visiting the city since its opening in 1999, was slated for closure after the operators failed to agree on a lease extension with the landlord. […]

Retail Asia13/03/2020
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2min0
Luggage retailer Samsonite is marking its 110th anniversary with a sustainability pledge. The new “Our Responsible Journey” strategy “focuses on Samsonite’s legacy of designing products that last; its commitment to reducing its impact on the planet; and how it engages its people, partners and communities in this progress,” the company said in a statement. The […]

Retail Asia12/03/2020
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4min0
Australian-born stationery business Kikki.K has been placed in voluntary administration, leaving the fate of 450 employees and 65 stores uncertain. In Asia, Kikki.K has stores in Hong Kong and Singapore and it sells online. CEO Paul Lacy said the business had been caught in a perfect storm – feeling the impact of Brexit in the […]

Retail Asia12/03/2020
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1min0
Osaka-based drugstore Maruya has made its international debut in Hong Kong with its first store in Sheung Shui, a prominent ‘border town’ notorious for parallel traders. The drugstore will feature imported Japanese goods including cosmetics and daily necessities, at the same price as in its Japanese stores. Additionally, consumers can also make customized requests for […]

Retail Asia12/03/2020
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4min0
According to rumors, Apple is testing a bunch of useful iMessage features that could potentially make it to iOS 14. One of those will reportedly let you retract already sent messages, with some fine print visible to both the sender and the recipient indicating that a message has been retracted from the conversation thread. How […]

Retail Asia11/03/2020
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3min0
Hong Kong food-delivery companies, Deliveroo and Foodpanda, have joined WWF’s Plastic Action Initiative (PACT) to help reduce single-use plastics. According to PACT rules, both companies have to follow sustainable requirements including setting up a default opt-out option for single-use plastic cutlery and creating a program for its merchants to improve packaging material. “At WWF, we […]

Retail Asia11/03/2020
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2min0
The Philippines’ Robinsons Retail will open its fifth Pet Lovers Centre (PLC) this year following its strategy of broadening its retail focus beyond fashion. The latest pet shop is scheduled to open in the third quarter of this year in Robinson Place Palawan. Pet Lovers Centre has grown after Robinsons Retail Holdings secured the license […]

Retail Asia11/03/2020
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3min0
Tesco has accepted a US$10.6 billion bid for its Asian businesses from a consortium of companies controlled by Thai billionaire Dhanin Chearavanont. The deal, which remains subject to regulatory approval and Tesco Group shareholder approval, will be completed in the second half of this year. The price represents an earnings multiple of 12.5 times and […]


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