Inside Retail Asia
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.
The coronavirus pandemic has slowed progress on sustainability issues in the retail industry, says GlobalData analyst Emily Salter.
South Korean duty-free stores are electing to temporarily close for business as the coronavirus pandemic continues.
Aeon Malaysia malls are expanding their drive-thru services to more locations following an introduction of the service using personal shoppers last month.
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.
Japanese cosmetics brand Etvos has received a significant investment from global private-equity firm L Catterton’s Asia fund.
Chinese e-commerce platform Pinduoduo has successfully raised US$1.1 billion in a private funding round.
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 will no longer postpone their sales programmes due to the coronavirus pandemic.
Thai supermarket Central Food Hall has begun using UV-C Disinfection Robots to sterilise stores in a move to combat coronavirus transmission.
Japanese retail sales have recorded a distinct uptick as consumers enter panic-buying mode in response to the coronavirus outbreak, according to Nikkei Asian Review.
More and more major international retailers are lining up to join the fight against the Covid-19 coronavirus outbreak.