Stores
Dairy Farm launches two concept stores in Hong Kong
This includes a new 7-Eleven concept shop and a revamped Market Place.
Dairy Farm launches two concept stores in Hong Kong
This includes a new 7-Eleven concept shop and a revamped Market Place.
Webrooming customers spent twice more in Singapore stores
Companies are likely to leverage on this behaviour to offer seamless omnichannel shopping.
Hong Kong jeweller Tse Sui Luen's profit tumbles 265.6% in FY2020
Its turnover likewise crashed 28.3% YoY over the same period to $2.91b.
Weekly News Wrap: China's e-commerce giants bag $137b in 618 event; Japanese retail stocks surge
And Singapore’s stores are bearish about their business post-pandemic.
Consumer confidence crucial to China's economic recovery
Households suffered a large income shock in Q1.
South Korea's major retailers' profits projected to halve in Q2: poll
Korea’s No. 2 Shinsegae's profits expected to contract by 89%.
The Shoppes at Marina Bay Sands to progressively reopen
It will initially be open only to members of Marina Bay Sands’ loyalty programme.
Weekly News Wrap: Virus fears drag China's retail sales; Indians still focused on essentials post-lockdown
And luxury foods in Japan take hit as restaurants struggle.
Malaysia's retail sales down 32.4% in April
Recreational goods and household equipment saw weaker revenues.
Chow Tai Fook's profits down 36.6% to $374.29m
A surge in gold price and weaker Hong Kong sales dragged down revenues.
Mall vacancy in Philippines to rise 12% in 2020
More than 80% still favour in-store shopping.
Singapore's retail sales plunged 40.5% in April
Rising online usage is not expected to counter the decline in other clusters in the next few months.
Parkson Retail Asia queried over ‘unusual' trading activity
The company said it does not know any explanation behind the trading.
Hong Kong retail sales down 36.1% in April
The plunge was led by sales of jewellery, watches and clocks, and valuable gifts.
Macau's retail sales down 45.1% in Q1
Majority of merchants expect sales volumes to do worse in Q2.
Singapore forms office to push digital adoption for small merchants
It plans to encourage hawkers to adopt SGQR payments in June.
Central Retail buys 49% stake in FamilyMart Thailand from Japanese JV
CRC's subsidiary SFM Holding continues to control the 50.65% stake.
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Retailers and brands told to harness data for growth
![Retailers and brands told to harness data for growth]()
The tandem should turn insights into profit strategies, Flying Fish Lab says.
The tandem should turn insights into profit strategies, Flying Fish Lab says.
