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Department Stores

Department Stores Archives

Tokyu department-store chain quits Thailand

Japanese department-store chain Tokyu is to exit Thailand, the latest Japanese retailer to withdraw from the country.

Harbour City signs up 70 new tenants as it refocuses from tourists to locals

Harbour City may have lost some key retailers as they reduced their networks in the wake of protests and Covid-19 but a ...

Hyundai Department Store to open Pet Park complex

A pet park complex that features daycare centres for pets as well as pet swimming pools is coming soon to South Korea.
man browsing milk at grocery store

Why department stores can’t ignore the lure of grocery

A fresh grocery offer does present some risks for larger retailers, but could the pros outweigh the cons?
Parkson store Malaysia

EY casts doubt over Parkson Retail’s ability to trade as a going concern

Parkson Retail Asia’s auditor Ernst & Young says the department-store chain may not be earning enough to continue tradin...
Debehams Bradford

Reliance Retail quits race for Debenhams

Indian conglomerate Reliance Retail has reportedly dropped plans to bid for embattled British department store Debenhams...
Aeon Mall

Aeon sales down due to Covid-19, but recovering quickly

Japanese retail giant Aeon has reported a 60.7-per-cent plunge in first-half operating profit, citing the impact of Covi...

Shinsegae and Taubman Asia open Starfield Anseong

Shinsegae group and Taubman Asia have opened the new shopping mall Starfield Anseong in South Korea's Gyeonggi Province.

Hong Kong’s Peak Galleria offers rooftop pet park to draw locals

Hong Kong shopping complex Peak Galleria has launched pet-friendly amenities and a rooftop lawn to draw pet-owner visito...
Debenhams sign

Reliance owner eyes Debenhams department-store takeover

Mukesh Ambani's Reliance Retail has expressed interest in purchasing British-headquartered department-store chain Debenh...