Monday, October 21, 2019
(Source: Fung Global) There are 1,221 malls in the US today, according to the International Council of Shopping Centers (ICSC). The number of malls increased by more than 300% from 1970 to 2015. Given the oversaturation of malls in the...
(Inside Retail Asia | June 21, 2018) London-based architectural firm Sybarite has created a 250,000sqm, 20-storey luxury department store in the ancient Chinese capital of Xi’an for high-end retailer SKP. At almost three times the size of Harrods, the new mall...
Source: Philippine Daily Inquirer | Feb. 3, 2015 PROPERTY giant Ayala Land Inc. has broken ground for a 150-room beachfront Seda resort-hotel—the first resort line under this homegrown hospitality brand—alongside a retail strip at master-planned Lio Tourism Estate in El...
(Source: Techcrunch | December 12, 2017) Southeast Asia is now the world’s third largest region for internet users — with more people online than the entire U.S. population — and internet is having a bigger impact on the region than...
(Source: Retail in Asia | June 8, 2018) Muji will launch an online flagship store on JD.com, and promote the partnership with posters in 231 of its stores throughout China, it announced. This will make it easier for online Chinese consumers...
(Source: Business Mirror | February 9, 2016) Increased mobile accessibility and broadband penetration are disrupting the traditional grocery-buying business model, enabling consumers to purchase groceries anywhere, at any time. “We are seeing an ‘uberization’ of the retail industry in Asia,” HappyFresh CEO...
(Source: Inside Retail Asia | 4 November 2016) Siam Makro, which runs the Makro cash-and-carry store chain, has clinched a 3-billion-baht (US$85.75 million) deal to acquire four food companies. Through its wholly owned subsidiary Siam Food Services, Siam Makro has entered...
(Source: Inside Retail Asia | May 3, 2018) Leaders in China’s retail grocery market are growing at a rate that almost doubles that of the entire sector, according to new research from IGD Asia. It predicts the top 10 retailers will...
(Source: Inside Retail Asia | Aug. 28, 2015) The Asia-Pacific region could by 2020 account for half the world’s cross-border eCommerce trade. Already the world’s largest market for online retailing, the rapid growth of online shopping in China alone is driving...
(Source: Arabian Business | June 16, 2018) While still in its early stages compared to other regions around the world, the region’s e-commerce market is finally beginning to boom – and as a result competition within it is heating up....
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