Latest Department Stores News - Inside Retail Asia
Parkson Retail Asia warns it expects to finish its latest financial year with losses.
Slumping sales are forcing Parkson China to close its department stores across the country.
Lotte Department Store has launched Oeil sunglasses in partnership with SM Entertainment.
Tourist spending at Japanese department stores jumped 42.8 per cent last month to ¥19.3 billion (US$173.8 million).
Shanghai’s No. 1 Department Store will close from June 19 for a major facelift.
Upmarket stationery chain pens deal with luxury department store retailer.
Korean E-mart discount chain will leave the Chinese market, says Shinsegae Group vice-chairman.
Matahari Department Store has won the retail category of Warta Ekonomi magazine’s Most Admired Company Award.
Parkson Retail Asia’s third-quarter net loss deepened 24.4 per cent to S$9.1 million (US$6.4 million).
Aeon Vietnam is planning to open 500 grocery stores across the nation by 2025.
Spar Guangdong has opened two hypermarkets, one in Guzhen Huayi and the other in Wuhua county.
Marks & Spencer (M&S) has launched a premium boutique concept in Kuala Lumpur.