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24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
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17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia22/06/2023

South Korean convenience store chain CU is setting its eyes on the Central Asian region, entering Kazakhstan under a partnership with CU Central Asia, the c-store operation arm of local ice cream manufacturer Shin Line. CU’s first store there is set to open next year. The chain’s parent company BGF Retail said it plans to […]

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Retail Asia07/09/2020

Japanese-themed Hong Kong department store and supermarket chain Yata is set to unveil its first-ever convenience store format in Hong Kong. Dubbed the ‘Konbin by Yata’’ (also Japanese for convenience store), the new format will be smaller than its usual department store standing at 3777sqft. Located within Sha Tin’s Hotel Sav, the store will be […]

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Retail Asia21/07/2020

7-Eleven has hit a new milestone with the opening of its 71,100th store, located in Seoul, the capital of South Korea. “7-Eleven’s iconic orange, green and red stripes are easily recognized in 17 countries around the world,” said 7-Eleven President and CEO Joe DePinto. “The company got its start because an entrepreneurial ice-dock employee saw […]

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Retail Asia11/02/2020

Competition among South Korean convenience stores over delivery services is heating up. One chain, GS25, recently launched delivery services from seven stores in Seoul in partnership with food-delivery service Coupang Eats operated by e-commerce giant Coupang. First of all, the South Korean convenience store company plans to implement delivery services through Coupang Eats at seven […]

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Retail Asia10/02/2020

A trial to reduce business hours has resulted in a 59 percent drop in operating profits for FamilyMart Japan.The trial by the traditionally 24-hour convenience-store chain operator was conducted from October to December at around 600 FamilyMart outlets to assess the effect of cutting late-night hours of business. While average labor costs fell 11 percent […]

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Retail Asia10/02/2020

Competition among South Korean convenience stores over delivery services is heating up. One chain, GS25, recently launched delivery services from seven stores in Seoul in partnership with food-delivery service Coupang Eats operated by e-commerce giant Coupang. First of all, the South Korean convenience store company plans to implement delivery services through Coupang Eats at seven […]

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Retail Asia29/10/2019

China’s convenience-store market is booming with rapid sales growth and rapid network expansion ahead. Sales through Chinese convenience stores reached US$19.78 billion last year, representing a compound annual growth rate (CAGR) of 24 percent over the past five years, according to new research from Mintel. Sales are predicted to grow to $22.75 billion this year […]

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Retail Asia29/10/2019

New York-based creative agency School House has partnered with cosmetics brand La Mer for its Edge of the Sea campaign exhibition at Shanghai’s Power Station of Art. The immersive, multi-sensory campaign activation is “designed to explore the joyful, powerfully truthful story of the sea and its role in discovery, healing and recollection,” according to School […]

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Retail Asia08/10/2019

South Korea’s CU convenience store chain will expand its footprint to Vietnam, its second international market after Mongolia. BGF Retail, the operator of CU, signed a master franchise agreement with CUVN, a Vietnam-based convenience store operator, on Tuesday. CUVN will be in charge of investment and operations in Vietnam market as BGF Retail contributes its […]

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Retail Asia23/09/2019

East Japan Railway Co. is expanding its operations into Singapore with new JR East metro station stores launching in island’s metro stations. The firm is planning to set up store clusters at 27 out of the 32 stations on the Thomson-East Coast Line, which will be partially operational by the end of the year. It […]

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Retail Asia05/07/2019

Domino’s Pizza and Nuro, a robotics company have partnered to bring out an autonomous pizza delivery unmanned vehicle known as the R2. Dominos will use Nuro’s unmanned fleet to serve select Houston Domino’s customers who place orders online. This partnership will expand Nuro’s autonomous delivery operations, which have been running in the Houston metro area […]

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Retail Asia21/06/2019

Sales and profit surge in first quarter on new stores, enhanced service. 7-Eleven Malaysia has achieved sales growth of 9 per cent in the first quarter – and net-profit growth of 24.9 per cent. Same-store sales rose 6.1 per cent, the rest of the growth due to store expansion with the convenience store network now […]

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Retail Asia14/06/2019

China is experiencing a convenience-store boom. Nearly 12,000 new convenience stores were opened on the mainland last year, according to the China Urban Convenience Store Index, an increase of 18 percent. The index, released by the China Chain Store and Franchise Association, showed that new convenience stores took up 62 percent of all new openings […]

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Retail Asia03/06/2019

Coles is ramping up its convenience strategy, with a plan to grow sales on the back of “food-for-now” and “food-for-later” products. As part of this strategy, the brand will convert around 200 Coles supermarkets to a more premium, convenience-focused format, as shift 200 lower-volume stores to a more value-centric format, while adding around 75 new […]

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Retail Asia28/05/2019

The Asia-Pacific region is the largest and fastest-growing region in the global convenience market, according to a new report by GlobalData. The research firm forecasts a compound annual growth rate of 10.6 per cent over the 2017-2022 period, due to local retailers increasing focus on store modernisation, the inclusion of technology, and a shift in […]

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Retail Asia23/05/2019

Vietnamese petroleum retailer Petrolimex is planning to build a convenience-store chain. After five years of research, the group plans to open stores across its network of 5200 gas locations across the country. “Petrolimex will expand into this sector, each store will host 1500 to 2000 products,” a Petrolimex representative said during a conference. “Our strategy […]

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Retail Asia23/05/2019

A week for Vietnamese goods this year will be held at the Aeon supermarket chain in Saitama prefecture and Kanto region in Japan from June 5-12, according to organizers. During the week, Vietnamese goods will be highlighted at 40 outlets in the Aeon distribution system, along with many activities such as plant tours, product assessment, […]

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Retail Asia15/05/2019

Japanese convenience store FamilyMart Holdings is preparing to invest ¥25 billion (US$223 million) on labour-saving technologies. The firm will partner with tech firm Panasonic to introduce self check-out, digital displays and other similar devices which automate procedures traditionally undertaken by staff. The investment is intended to serve the brand’s franchisees who have been burdened with […]

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Retail Asia30/04/2019

Starting June, customers of South Korean GS25 convenience stores will be able to charge shared electric bicycles or kickboards. GS25 announced on Wednesday that it will set up an electric bicycle and kickboard charging service facility at its stores in partnership with the shared micro-mobility integrated platform “GoGoSing.” Under the terms of the deal, GoGoSing […]

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Retail Asia11/03/2019

Jose Victor Paterno, president and CEO of Philippine Seven Corp, has been named the NACS Asian Convenience Retail Leader of the Year. The award, endowed by PepsiCo, recognises and honours “the most successful and influential convenience industry leader of 2019” in the region. It was presented before an international audience of convenience retailers and suppliers […]

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