Inside Retail Asia
Italian kitchen-design studio Stosa Cucine has opened its first store in Singapore.
Apple Taiwan is to open its second store, in Taipei’s Xinyi District.
Vietnamese supermarket chain VinMart claims to have opened Vietnam’s first virtual store.
Quick-service restaurant firm Yum China Holdings is seeking entry for Little Sheep into the Thai hotpot market, reportedly worth US$156.7 million.
China is experiencing a convenience-store boom, with an 18-per-cent increase in store openings last year.
Starbucks China has launched its new mobile order & pay experience Starbucks Now to 300 selected stores in Beijing and Shanghai.
Outdoor apparel giant VF Corporation says sales from continuing operations surged 12 per cent last financial year, to US$13.8 billion.
A new report has forecasted global food e-commerce sales to nearly triple through 2023, rising to US$321 billion and accounting for nearly 5 per cent of total e-commerce revenues.
Incheon Airport duty-free tenders will be released in the fourth quarter of this year.
Mumbai real estate firm Runwal has entered into a partnership with private equity business Warburg Pincus to build a US$1 billion Indian malls platform.
Indonesian e-commerce platform BukaGlobal has launched in Singapore, Malaysia, Brunei, Hong Kong and Taiwan.
Burger & Lobster Singapore will open its first outlet, at Jewel Changi tomorrow.