Philippine Seven Corporation (PSC), the exclusive licensor of 7-Eleven in the Philippines, announced plans to spend PHP 3.5 billion (USD 69 million) primarily to roll out new stores and re-model existing outlets as part of the company’s long-term development plans....
A recent report on Channel NewsAsia by Tan Soo Jiuan, Associate Professor in the Department of Marketing at the National University of Singapore Business School, highlighted the growing importance of omnichannel model for e-commerce outlets in Singapore. This is a...
British supermarket giant Tesco-Lotus is evaluating opening 750 new stores in Thailand over the next three years, bringing along with it almost 10,000 jobs. Tesco already has a network of about 2,000 stores across Thailand, along with online shopping platforms. This...
Central Group, the Thai retail giant is directing efforts to expand its supermarket chain Big C in Vietnam. The Central Group has made plans to build new shopping malls and also renovating 13 out of 34 Big C’s supermart stores to larger and/or high-end retail...
This fiscal year, Aeon Malaysia is set to spend approximately MYR 500 million (USD 119.2 million) on mall refurbishments and new locations. A slight decrease from last year, the figure signifies a move focused on portfolio consolidation, and the need for the company...
Burger chain operator, Mos Food Services Inc, from Japan will open its first Philippines outlet by the end of March 2020, in partnership with a local dining chain. The company plans to establish Mos Burger Philippines Inc in 2019 alongside the Philippines’ Tokyo...
Singapore’s Funan Mall, being built on the site of the former IT-focused Funan Digital Life Mall, is set to open ahead of schedule after a three year redevelopment phase. The mail has been described as Singapore’s first online-and-offline (O&O) mall....
Fraser and Neave (F&N), a Singapore-headquartered conglomerate with interests in food and beverage and real estate, bought the Starbucks Thailand coffee chain which has more than 370 outlets, in May 2019. F&N bought the chain through Coffee Concepts...
According to a recent Nielsen study named “What’s Next for South-East Asia”, Southeast Asian convenience stores recorded an 8.3% FMCG sales growth last year, with Vietnam reaching the second largest growth in the region (13%), exceeded only by Malaysia (17%). Even...
Indonesian e-commerce giant Tokopedia is expanding its one-day delivery guarantee to nearly all of its products in a move to keep rivals at bay. While the 100% Indonesia focused company already offers same-day or one-day delivery for approximately 65% of its products,...
Coca-Cola Amatil (CCA), one of the world’s larger bottlers of The Coca-Cola Company range, has announced plans to expanding its start-up accelerator platform Amatil X to Indonesia. The Coca Cola Company holds a 30.8% stake in CCA. CCA is headquartered in Australia and...
Australia-based MNC retailer of furniture, bedding, computers, communications and consumer electrical products, Harvey Norman has opened a new outlet in Miri, Sarawak on the third of May, with hundreds of special deals and promotions accompanying the launch. According...
