Inside Retail Asia
The decline in China retail sales sparked by the advent of Covid-19 slowed substantially in May as the country continued to reopen for business.
Fast food chain McDonald’s sales grew 9 per cent in South Korea during the first four months of this year, in spite of the impact of the coronavirus pandemic.Michael Arnold
Singaporean bubble tea brand Teafolia has permanently ceased operations in the territory, announcing the news to fans on its Facebook account..
Filipino restaurant operator Jollibee Foods is set to open 171 stores globally and renovate 96 more this year, seeing an opportunity despite the chaos of the Covid-19 pandemic.
Chinese e-commerce giant JD has registered sales of 27,000 tonnes of fresh products during its Foodie’s Carnival online shopping event, including 4531 tonnes of imported fresh food.
Philippine shopping mall SM Aura Premier has launched an online shopping service for customers facing restrictions on movement during the coronavirus pandemic.
Charles & Keith Hong Kong is opening a new store at Harbour City, its seventh in the territory and the first to feature mobile point-of-sale devices.
The Shoppes at Marina Bay Sands has launched a ‘click-and-deliver’ digital shopping concierge for online shoppers.
After months of speculation, US coffee chain Blue Bottle has launched in Hong Kong, however initially it is serving only take-away drinks due to restrictions imposed due to the coronavirus pandemic.
Malaysian department-store operator Parkson has lost a court case in Cambodia, being ordered to pay US$144.5 million in damages to its landlord Hassan.
GS Retail, which operates the South Korean convenience-store chain GS25, has reported a huge profit increase for this year’s first financial quarter, boosted by sales of pre-packed meal kits popular during the coronavirus lockdown.
Singapore Press Holdings has sold its wholly owned convenience-store chain Buzz Shop to Thai-Pore Enterprise.