Don't Miss:
19. April 2024
ABOUTADVERTISE CONTACT
   

Tag: retailing

Retail Asia03/04/2024
Manhattan-Image-1280x914.png
Research

Strategies for Supply Chain Resilience in the Global Permacrisis Era

7min0
In recent years, the concept of ‘Permacrisis’—a term denoting prolonged periods of instability and insecurity, sparked by concurrent catastrophic events—has gained prominence. This term not only encapsulated the essence of 2022 but continues to hold relevance in 2024, affecting global supply chains and subsequently, the retail sector. The ongoing challenges underscore the critical need for […]
CONTINUE READING
Retail Asia07/03/2024
singapore-orchard-retail.jpg
General

Singapore retail sales down in January

2min0
Singapore retail sales – after excluding motor vehicles from the data – dropped 2.1 percent year-on-year in January, following the 2.8 percent decrease in December. According to the Department of Statistics, January retail sales edged up 0.5 percent on a seasonally adjusted basis compared to the previous month. The estimated total retail sales value was […]
CONTINUE READING
Retail Asia27/12/2023
ApplePay-1280x720.jpg
Finance

Lowe’s finally adds support for Apple Pay

4min0
The second-largest hardware chain in the U.S. has finally decided to support Apple Pay. For those who don’t know what Apple Pay is, it is the mobile payment service that allows an iPhone user to select a credit, debit, or prepaid card from the Wallet app and tap the phone against a POS machine to […]
CONTINUE READING
Retail Asia02/11/2023
3-Hong-Kong-1280x720.jpg
General

Hong Kong retail surges

3min0
Continued revival of inbound tourism and private consumption helped Hong Kong’s retail sales notch a 10th consecutive month of growth in September, though it was slower than in previous months, official data showed on Wednesday. Sales increased 13 percent year-on-year to $4.06 billion in September, the city government said, but the growth was the slowest […]
CONTINUE READING
Retail Asia26/10/2023
retail-delivery-1280x853.jpg
General

Vietnam eyes stronger cooperation with US

4min0
Vietnam and the U.S. should further promote the Comprehensive Strategic Partnership more effectively and substantively, focusing on economic cooperation, said Prime Minister Pham Minh Chinh. The PM made the statement at a reception in Hanoi on Wednesday for Chief Economist at the U.S. Department of State Emily Blanchard, who is on a working visit to […]
CONTINUE READING
Retail Asia28/09/2023
korea-retail.jpg
General

South Korea sees retail sales grow in August

2min0
South Korea’s retail sales grew 3.3 percent year over year in August on the back of higher sales in convenience stores super super market (SSM) operators, and online cosmetics and food retailers. The Ministry of Trade, Industry, and Energy (MOTIE) surveyed 13 brick-and-mortar retailers and 12 online retailers and saw a 7.6 percent increase in […]
CONTINUE READING
Retail Asia21/08/2023
Image-1-1280x853.jpg
Research

Automation in Retail: A New Era of Continuous Improvement

9min0
In the ever-evolving landscape of the retail industry, one constant remains: the relentless pursuit of continuous improvement to exceed customer demands. This journey, which aims to enhance operational efficiency, reduce waste, and elevate customer satisfaction, has historically been fraught with challenges. However, an impactful collaboration, stemming from automation, is positioned to transform the continuous improvement […]
CONTINUE READING
Retail Asia17/08/2023
Central-Pattana-1024x559.jpg
General

Central Retail posts growth in revenue, profit

1min0
Its net profit stood at THB2.31b during the quarter. Central Retail Corporation (CRC) reported its net profit grew by more than 75% year-on-year to THB2.31b in the first quarter. Over the same period, the company’s total revenue went up by 12% to THB63.2b. “The company achieved a 30% sales growth in the fashion category, 9% […]
CONTINUE READING
Retail Asia07/08/2023
singapore-orchard-retail.jpg
General

Singapore records minor retail sales growth in June

2min0
Singapore retail sales (excluding motor vehicles) grew by 2.5 per cent to SG$3.4 billion (US$2.5 billion) in June, following May’s 1.7 per cent increase. The country’s seasonally adjusted retail sales were up 0.2 per cent month over month, data from the Department of Statistics Singapore shows. Online retail sales accounted for 14.3 per cent of […]
CONTINUE READING
Retail Asia12/04/2023
Laos-air-1024x545.jpg
General

President calls for sustainable Vietnamese business in Laos

2min0
President Vo Van Thuong has asked the Vietnamese community in Laos to set its sights on long-term sustainable business growth even though weathering current short-term difficulties will be complicated. During Tuesday’s meeting with the Vietnamese community in Laos, Thuong praised the patriotism and contributions made by Vietnamese people and enterprises in Laos. For their part, […]
CONTINUE READING
Retail Asia27/03/2023
Park-Silom-1280x720.webp
Real Estate

Bangkok’s premium retail complex Park Silom set to open in June

11min0
Park Silom, a premium mixed-used complex in the heart of prime Bangkok’s CBD Silom, is a collaboration between Nye Estate, Minor International and Siam Piwat. Synergizing their prestigious expertise, the three forefront developers are driving Park Silom into a ‘Third Space Retail,’ offering a new retail experience to Silom under the concept “Everyday Indulgence for […]
CONTINUE READING
Retail Asia26/03/2023
Benchmark-2-1280x853.jpg
Real Estate

Landmark Unified Commerce Benchmark for Specialty Retail Released

7min0
Manhattan Associates Inc., in partnership with Google Cloud and Zebra Technologies, has released the findings of the industry’s first real-world analysis of Unified Commerce in specialty retail. The Unified Commerce Benchmark for Specialty Retail, conducted by Incisiv, assessed 124 retailers across 11 specialty retail segments on the implementation of 286 key attributes of Unified Commerce. […]
CONTINUE READING
Retail Asia06/01/2023
dr-martens-1280x853.jpg
Fashion

Dr Martens shuts all stores in the Philippines

2min0
German-founded British footwear and apparel brand, Dr Martens, has closed all of its physical stores in the Philippines. The brand announced on social media that it closed all of its remaining four stores in Glorietta 4, SM Mall of Asia, SM Megamall, and Manila Bay by the end of last month. However, Dr Martens did […]
CONTINUE READING
Retail Asia02/01/2023
Singapore’s-Chinatown-Point-Mal-1280x720.jpg
General

Exports to China no longer subject to Covid testing

3min0
Vietnamese exports to China will no longer be subject to Covid testing from January 8th, the Ministry of Industry and Trade has announced. The ministry urged localities and businesses to update goods clearance processes at border gates in order to streamline trade according to the new easing of restrictions. The government has asked major agricultural […]
CONTINUE READING
Retail Asia28/12/2022
Metro-hanoi.jpeg
Living

Hanoi’s first metro line gets $38M capital hike

2min0
The Cat Linh – Ha Dong Metro Line in Hanoi has received an additional VND911 billion ($38.6 million) capital increase. The money will come from state coffers, with 24.4% of it from domestic funds and the rest foreign funds, according to a decision signed by Deputy Prime Minister Le Minh Khai. The Ministry of Planning […]
CONTINUE READING
Retail Asia05/12/2022
Carousell-1280x816.jpg
E-Tailing

E-commerce giant Carousell lays off 110 staff

3min0
Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, to reduce costs amid a challenging market condition for the tech industry.  The announcement came from the company’s blog on Thursday, posted by co-founder and CEO of Carousell Siu Rui Quek, saying, “I […]
CONTINUE READING
Retail Asia01/12/2022
malaysia-trade.jpg
General

Trade surplus at $10.6B for 2022

1min0
The trade surplus was US$0.78 billion in November, which took the year’s figure to $10.6 billion, the General Statistics Office said Tuesday. The surplus in the same period last year was $0.6 billion. But exports fell in November by 8.4% to $29.18 billion, which took the full-year figure to $342.21 billion. The U.S. has been […]
CONTINUE READING
Retail Asia17/10/2022
Ikea-gunrid-curtain_dezeen_2364_col_0.jpg
General

Ikano Retail posts record revenue growth

2min0
Ikano Retail has recorded its highest turnover yet for the financial year to August 31, reaching US$1 billion across the five markets in which it operates Ikea stores – Malaysia, Singapore, Thailand, the Philippines and Mexico, equivalent to 41.2 per cent year-on-year growth. The increased sales were driven by the return of visitors to physical […]
CONTINUE READING

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X