Thai corporation’s Central Group has just announced intentions to spend over USD 85 million in 2022 for the development of a new lifestyle retail mall at Wong Amat Beach in Pattaya. According to Central Group’s head of corporate business development, the...
The growth of online shopping has been predicted by market watchers to flatten out, as Singapore’s borders reopen and measures ease, allowing more shoppers to return to physical stores. Online retail, which enjoyed a boom during the pandemic, made up nearly a...
Pilmico’s retail brand, The Good Meat, targets to reach over 300 supermarket concessionaires and open more brick-and-mortar stores in 2022. This is in line with the goal of Pilmico Food Corporation (Pilmico), the Aboitiz Group’s food and agribusiness unit, to...
Vietnam has recently become a new destination for several luxury brands to expand their presence, thanks to its fast-expanding middle-class and robust economic growth. Specifically, Lamborghini, the Italian luxury automobile manufacturer, has recently marked its...
The data from the Q1 2022 Consumer Pulse Study by TransUnion revealed a shift in spending priorities as the Philippine economy reopened early this year. Eager to move on from the pandemic, Pinoy consumers were raring to spend more on retail shopping and items such as...
PT Ace Hardware Indonesia Tbk (ACES), a retail company of Kawan Lama Group, launched its new outlet last week in Karawaci, Tangerang. Helen Tanzil, Corporate Security of ACES, mentioned that the new store is ACES’ seventh outlet introduced since the beginning of the...
Malaysia Digital Economy Corporation (MDEC) Chief Executive Officer Mahadhir Aziz highlighted that Malaysia’s e-commerce income is anticipated to reach over MYR 1 trillion (USD 227 billion) in 2022, after hitting MYR 1.1 trillion (USD 250 billion) last year. The...
In a bourse filing in April, the Supermarket Operator, Sheng Siong, announced that it aims to open three to five stores annually in the next three to five years, expanding its current 65 outlets throughout Singapore. This comes after it was able to secure leases for 3...
According to a recent survey by market research firm Nielsen, fashion products are the most popular online shopping items in Thailand. Other industries, such as grocery and electric appliances, are moving towards digital channels to boost sales. The ‘Nielsen...
Japanese furniture and home furnishing brand Nitori Retail opened its first outlet in Singapore in March 2022, spanning the entire fourth floor (31,630 sq ft) of Courts Nojima The Heeren, in Orchard Road, which is the main shopping belt in the country. Established in...
Singaporean cryptocurrency platform Zipmex has joined forces with Central Food Retail, the largest supermarket chain in Thailand, in order to launch a blockchain-powered supermarket that will connect modern consumers to the metaverse. Branded as the first metaverse...
Investment holding company Tuan Sing Holdings Limited and real estate specialist Mitsubishi Estate Co., Ltd. (MEC) are teaming up to develop an international luxury outlet mall in Karawang called The Grand Outlet – East Jakarta. They are both established...
