The Bistro Group, a company that manages different international dining concepts, announced expansion plans for the first quarter of the year. In a statement, Bistro Group revealed its plan to open more branches of its existing dining concepts and introduce new...
Demand for pet food in the Philippines is on the rise, according to the US Department of Agriculture (USDA). The FAS in Manila projected that the pet food industry in the Philippines will reach USD 434 million in 2023. The report also indicates that the dry dog food...
Unilever, one of the largest retails/FMCG companies in the world, recently announced that it will expand its personal care factory in the Philippines. The project will cost PHP 4.8 billion (USD 88 million), making the plant Unilever´s largest factory globally. Back in...
IFC, a member of the World Bank Group, is considering an investment of USD 20 million in GS25, a convenience store chain in Vietnam. IFC visited five stores and a warehouse in Thu Duc City, Ho Chi Minh City in February and March 2022 to evaluate the proposed plan. The...
Australia-based retail chain Harvey Norman is mobilizing its expansion plans for the Malaysian market in 2023 to improve its accessibility to cover a larger segment of customers nationwide. It plans to establish a new 47,300 sq ft store in Johor Baru. On opening a...
Thailand’s Big C Supercenter recently announced plans to overhaul the image of its stores while strengthening its digital ecosystem to increase sales opportunities and enhance its offerings to meet customers’ changing lifestyles. The company’s...
Australian retailer Spotlight has announced its plans to expand its presence in Singapore and Malaysia. It just reopened its newly revamped store at Plaza Singapura, located along Singapore’s main shopping street, Orchard Road. The store occupies 2,543 sq m of...
Vietnamese retail giant Mobile World Group (MWG) has launched its first brick-and-mortar location in Indonesia under the name Era Blue Electronic. This joint investment is between MWG and local distributor PT Erafone Artha Retailindo, a subsidiary of Erajaya Group....
In October 2022, Singapore launched the updated industry transformation map (ITM) for the retail sector, one of 23 sectorial ITMs to be refreshed. The refreshed roadmap is expected to help arm the sector with what it needs to meet the accelerated changes brought about...
Large retailers are expanding their presence in Vietnam, which is expected to rank among the top 10 consumer markets in the world this decade. The Japanese clothing retailer Uniqlo has added three new locations in Hanoi, bringing the total number of its store to 15...
As the Philippine economy continues to recover from the COVID-19 pandemic, Filipino integrated property developer SM Prime Holdings is expanding its mall footprint, with the opening of SM City Tanza, its eight SM Supermall in Cavite on October 14, 2022. SM City Tanza...
Leading coffee chain brands like Starbucks Coffee, Coffee Bean & Tea Leaf, and Kenangan Coffee will be expanding in Malaysia by 2023 due to a flurry of investments from both domestic and foreign brands. Statista has predicted that the Malaysian coffee market will...
