Turkish FMCG Firm to Build Regional Hub in Vietnam

Turkish FMCG Firm to Build Regional Hub in Vietnam

Hayat, a Turkish FMCG firm, has officially launched its flagship diaper brand Molfix in Vietnam. The company announced earlier in 2021 that it plans to invest USD 250 million to increase the capacity of its factories in the Southeast Asian country to produce and...
Uniqlo Invests in Both Offline and Online Channels in Singapore

Uniqlo Invests in Both Offline and Online Channels in Singapore

In its twelfth year of operation, with 26 stores in Singapore and approximately 1,400 employees, Uniqlo now plans to open more brick-and-mortar stores in the country. Despite the importance of e-commerce, the company considers the offline channel to be a “very...
E-commerce Firms in Indonesia Competing in the Groceries Segment

E-commerce Firms in Indonesia Competing in the Groceries Segment

The Institute of Grocery Distribution estimates that Indonesia has one of the biggest grocery markets in Asia, with a value expected to reach around USD 170 billion in 2022, up from USD 140 billion in 2019. The country is also projected to become the fourth-biggest...
SM’s Alfamart Sees Network of 1,200 Stores by Year-end

SM’s Alfamart Sees Network of 1,200 Stores by Year-end

Alfamart Philippines, the SM Group’s minimart chain, announced that the company is on track to expand its retail footprint to over 1,200 stores this year with the opening of at least 200 stores across Luzon in 2021. In 2020, Alfamart opened 267 stores within Metro...
SM’s Alfamart Sees Network of 1,200 Stores by Year-end

Big C Expanding to Cambodia

Thai grocery and general merchandising retailer Big C has just opened its first store in Phnom Penh, Cambodia´s capital. The opening of the first store in Phnom Penh is part of Big C’s expansion drive in Southeast Asia. The company has announced plans to spend close...
E-commerce Firms in Indonesia Competing in the Groceries Segment

AllDay Plans to Expand to 100 Supermarkets by 2026

AllDay Marts Inc. filed its application to the Securities and Exchange Commission (SEC) for its PHP 6 billion (USD 120 million) initial public offering (IPO). The proceeds from IPO will be used for debt repayment and capital expenditure to continue its expansion....
SM’s Alfamart Sees Network of 1,200 Stores by Year-end

CP Group to Digitalize Lotus Supermarket Chain

Thailand’s largest conglomerate. Charoen Pokphand (CP) Group, has announced that it will overhaul its Lotus supermarket chain in order to align to new shopping habits in the wake of the Covid-19 pandemic while refreshing its brand image. The...