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Inside Retail Asia

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Alibaba promises ‘spring thunder’ to support SMEs during the coronavirus crisis

Alibaba group chairman and CEO Daniel Zhang has launched the “2020 Spring Thunder Initiative” to help small and medium businesses ride out the coronavirus pandemic.

Thai grocery wholesaler Loxley pivots to delivery

Thai grocery wholesaler Loxley is pivoting to delivery services as the coronavirus pandemic continues.

Changi Airport to consolidate terminal operations from May 1, fast-track T2 rebuild

Singapore’s Changi Airport will close its Terminal 2 from May onwards, consolidating its operations in response to a steep decline in passenger traffic caused by the coronavirus outbreak.

Sustainability concerns on hold as coronavirus wreaks havoc

The coronavirus pandemic has slowed progress on sustainability issues in the retail industry, says GlobalData analyst Emily Salter.

South Korean duty-free stores cut hours as travel-retail dries up

South Korean duty-free stores are electing to temporarily close for business as the coronavirus pandemic continues.

Aeon Malaysia expands drive-thru services during pandemic

Aeon Malaysia malls are expanding their drive-thru services to more locations following an introduction of the service using personal shoppers last month.

AI fashion-tech firm Odd Concepts raises $6 million

South Korean AI-based fashion-tech firm Odd Concepts has raised US$6 million in Series B funding, taking the company’s accumulated investments to about US$10 million.

LVMH-backed L Catterton invests in Japanese cosmetics company Etvos

Japanese cosmetics brand Etvos has received a significant investment from global private-equity firm L Catterton’s Asia fund.

Pinduoduo raises US$1.1 billion in private funding

Chinese e-commerce platform Pinduoduo has successfully raised US$1.1 billion in a private funding round.

Featured store: Shiwu store in Nanjing, China

Shiwu, a lifestyle store retailing hand-made Japanese products in Nanjing, has been fitted out with mesh panels dipped in paper pulp, along with polycarbonate and OSB timber.

South Korean department stores restore sales programmes

South Korean department stores will no longer postpone their sales programmes due to the coronavirus pandemic.

Central Food Hall employs robot in coronavirus fight

Thai supermarket Central Food Hall has begun using UV-C Disinfection Robots to sterilise stores in a move to combat coronavirus transmission.