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Shinsegae Group pulling E-mart out of China

Korean E-mart discount chain will leave the Chinese market, says Shinsegae Group vice-chairman.

Matahari Department Store wins retail award

Matahari Department Store has won the retail category of Warta Ekonomi magazine’s Most Admired Company Award.

Loss deepens for Parkson Retail Asia

Parkson Retail Asia’s third-quarter net loss deepened 24.4 per cent to S$9.1 million (US$6.4 million).

Aeon Vietnam aims to open 500 grocery stores

Aeon Vietnam is planning to open 500 grocery stores across the nation by 2025.

Spar Guangdong opens two hypermarkets

Spar Guangdong has opened two hypermarkets, one in Guzhen Huayi and the other in Wuhua county.

M&S launches boutique concept in Malaysia

Marks & Spencer (M&S) has launched a premium boutique concept in Kuala Lumpur.

Sales slide continues for Japanese retailers

The sales slide continued for Japanese retailers last month, say industry bodies.

Concept store Uniqlo Move opens in Tokyo

Lifestyle concept store Uniqlo Move has been launched in Tokyo by the Japanese fashion basics retailer.

Isetan Mitsukoshi replacing CEO

Japanese department store chain Isetan Mitsukoshi Holdings has appointed a new chief executive.

Parkson Retail Asia moves into the red

Parkson Retail Asia has gone from profit to a net loss of S$2.23 million for its latest quarter.

Gentle Monster’s jaw-dropping store approach

Inside the Gentle Monster Beijing flagship – and a look at how the brand has evolved so fast.

Japanese department store sales still muted

Japanese department-store sales dropped 2.4 per cent in November, down for the ninth consecutive month.