Coronavirus Archives - Inside Retail Asia
Triple-whammy sees jeweller Tse Sui Luen post US$11.6m loss
Tse Sui Luen Jewellery has reported a US$11.6 million loss for the year to March, as the Sino-US trade war, protests and Covid-19 dented sales.
Grab Malaysia sees ‘instant retail’ reducing need for physical stores
Grab Malaysia is expanding its Instant Retail service after studying customer demand for goods during the nation’s Covid-19 crisis.
Live-streamed marketing masterclass gives China-focussed a head start
This year will be remembered as the one that Covid-19 changed so many aspects of daily life we took for granted.
Unprecedented growth ahead for e-commerce and contactless payments
Data and analytics firm GlobalData is predicting an unprecedented push in e-commerce and contactless payments following the coronavirus pandemic.
Superdry confirms China JV will be wound up
Superdry has confirmed an “amicable agreement” to end its Chinese joint venture with Trendy Group and will reassume full control of its brand there.
McDonald’s sales figures show marked improvement as Covid-19 lockdowns eased
Newly released McDonald’s sales figures have shown a marked global improvement for the business sequentially from late March through May despite Covid-19.
DC Super Heroes Cafe calls time in Singapore
Comic book-themed DC Super Heroes Cafe is to close down in Singapore after five years.
Hong Kong Airport extends relief to retail tenants
Hong Kong airport is extending its relief package to tenants and other stakeholders in recognition of the prolonged impact of the coronavirus pandemic.
H&M sales decline 50 per cent in May quarter
H&M says its sales decline in May was slightly below expectations, and less dramatic than during March and April as stores began to reopen across Asia and Europe.
South Korean telcos developing unmanned stores
Major South Korean telcos are looking to launch unstaffed outlets as they try to provide business services without face-to-face contact amid the novel coronavirus pandemic.
Many Singapore stores set to reopen as lockdown rules relaxed
Singapore retail stores are set to reopen as the country will enter the second phase of reopening on Friday, June 19 after the Covid-19 crisis.
Online move limits damage to Cafe de Coral Group’s sales
Listed Hong Kong restaurant and catering operator Cafe de Coral Group managed to minimise the impact on sales during Covid-19 social-distancing restrictions by expanding its online and delivery operations.