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02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
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 )

Retail Asia14/07/2021

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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, […]

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Retail Asia21/05/2021

Facebook made all sorts of tools available to those who’d like to shop via its social network. The most recent one is called Live Shopping and it’s now available on iOS devices. The new feature combines the fun (or stress) of online shopping with the convenience of live video. iPhone users should be able to start […]

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Retail Asia19/05/2021

In its annual Google I/O livestream, Google has just announced a bunch of improvements it is bringing to the search platform (and others), aimed towards improving the experience of both merchants and customers when it comes to shopping online. Google introduces the “Shopping Graph,” a newly developed comprehensive dataset, backed by artificial intelligence, to help shoppers find […]

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Retail Asia01/04/2021

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Eccentric Engine’s One 3D platform has been powering the virtual showroom and 3D catalogs for various automobile OEMs has released a survey which reveals 7.6 million Indians chose to experience cars virtually in 3D on platforms enabled by its technology in 2020. It reports a 300 percent increase from 2019 for its visualization platform One […]

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Retail Asia30/03/2021

Department store sales jumped 40 percent in February against a year-ago period in the biggest year-on-year gain since the data became available from 2005 to suggest a rebound in private consumption in South Korea. According to the Ministry of Strategy and Finance’s monthly economic review, department store sales jumped 39.5 percent on year in February, […]

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Retail Asia17/03/2021

Sales at fashion group H&M fell slightly less than expected in the three months through February and rose in the first half of March as pandemic restrictions were eased in some markets, allowing hundreds of stores to reopen. The world’s second-biggest apparel retailer said on Monday net sales fell 27% from a year earlier, or […]

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Retail Asia05/03/2021

Twitter is planning to introduce a new shopping feature similar to what other social media like Facebook and Instagram offer. According to social media consultant Matt Navarra’s recent tweet, the social media giant is testing a new card designed to appear in tweets containing a shopping link. Key elements in the card include the item’s […]

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Retail Asia25/02/2021

Apparel retailer Giordano has unveiled a large-scale store in the newly opened Bumi Raya City Mall in Pontianak, Indonesia. Located on the mall’s first floor, the Giordano store spans 2300sqft and offers a complete range of men’s, women’s and children products. “This is our second store in Pontianak, which is one of the most culturally […]

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Retail Asia27/01/2021

French luxury goods group LVMH LVMH.PA plans to overhaul Tiffany & Co’s vast merchandise lineup to focus more on gold and precious gems while going more upmarket with its silver bangles after closing the $15.8 billion takeover of the U.S. jeweller this month. Six sources including two people with inside knowledge of Tiffany’s operations told Reuters the […]

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Retail Asia12/01/2021

Japanese discount retailer Don Don Donki, known as Donki, looks on course to make its Taiwan debut, with a new 24/7 store rumored to be opening in the popular shopping destination of Ximendeng in Taipei. The company is yet to reveal the location or the opening date of the store, however, job advertisements seeking up […]

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Retail Asia27/11/2020

IKEA’s Ingka Investments is in talks to buy commercial property in prime locations in several big European cities after it finalised its first-ever such acquisition last month, its managing director said. The investment arm of Ingka Group, which owns most IKEA stores, is pushing into the real estate market as part of IKEA’s shift towards […]

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Retail Asia23/11/2020

South Korean department stores are on track to transform their outlets from simple shopping centres into culture spaces. The primary factor behind the department stores’ increasing efforts to install cultural spaces is the sluggish performance of their offline stores amid the expansion of contactless consumption through online channels resulting from the spread of the Covid-19 […]

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Retail Asia04/11/2020

7-Eleven Malaysia Holdings Bhd has appointed CFO Wong Wai Keong and executive director Tan U-Ming as the co-CEOs for the company, effective Dec 1, 2020. Wong will also be appointed as an executive director of the company, effective Nov 1, 2020. They will jointly succeed Colin George Harvey, who will relinquish his post as executive […]

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Retail Asia02/11/2020

The best time to upgrade your TV is less than a month away, Black Friday. If you’re in the market for a brand-new TV, we already have loads of new deals, as US retailers are gearing up for one of the biggest sales One of the main highlights of a Black Friday sale is the […]

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Retail Asia22/10/2020

A pet park complex that features daycare centers for pets as well as pet swimming pools is coming soon. Retail giant Hyundai Department Store Group announced Tuesday that one of the largest ‘pet parks’ in South Korea will open at the new Hyundai Premium Outlet Space 1 that is scheduled to open on Nov. 6 […]

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Retail Asia13/10/2020

In 2018, Nielsen had reported that FMCG sales growth in Southeast Asian convenience stores reached 8.3% and Mintel published that sales through Chinese convenience stores hit US$19.78billion with a CAGR of 24% over the past 5 years. These gains made by such retail channels reflect changing consumer lifestyles influenced by the constant and rapid urbanization […]

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Retail Asia22/09/2020

Stung by the protracted new coronavirus outbreak, South Korean duty-free operators are struggling to overcome the industry-wide slump with belt-tightening measures, including increasing the number of closing days at some outlets in major local cities and cutting their overseas operations. Industry leader Lotte Duty-Free began closing its outlets at Coex in southern Seoul and the southeastern port […]

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Retail Asia18/09/2020

Covid-19 has increased Hong Kong-listed apparel group Bossini’s loss attributable to shareholders by 174 percent from last year to US$48.85 million. Sales for the 12 months to June 30 hit $141 million, down by 27 percent, and gross margin fell to 49 percent, from 52 percent last year. “Since 2019 the economic environment of the […]

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Retail Asia10/09/2020

Malaysia Airports Holdings has launched a travel retail e-commerce platform shopMYairports, aiming to recover some US$67 million from sales lost through its airport network due to passenger volumes plummeting. Still smarting from the loss of $671 million in revenues from retail in the year prior to the advent of Covid-19, the airport operator is hoping […]

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Retail Asia01/09/2020

Japanese mall brand Aeon’s operations in Malaysia have reported a net loss of US$2.3 million for its second fiscal quarter this year. The losses, which followed a first-quarter net profit of $1.8 million, are being considered as an effect of the coronavirus outbreak and the movement control orders executed in the territory and subsequent closures […]

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