A tussle over an Indian grocery company has pitted the world’s largest e-commerce business Amazon against India’s largest company Reliance. … More
Tag: Retail
MCO 2.0 has shuttered two-thirds of small businesses in Malaysia, and that’s just tip of iceberg, retail group warns
KUALA LUMPUR : Close to a third of small retail businesses have “collapsed” in the three weeks since the government … More
MCO 2.0 wipes out 90% of retail businesses
The tremendous increase in Covid-19 cases has affected consumers’ confidence despite strict SOPs in place MALAYSIA’S second round of the … More
Retail recovery hits a snag on MCO 2.0
THE retail sector continues to bear the brunt of rising Covid-19 cases and the reimplementation of Movement Control Order (MCO), … More
Tesco’s Asia deal paves way for 5 billion pound shareholder windfall
The supermarket chain had agreed to sell its businesses in Thailand and Malaysia to C.P. Retail Development Company Limited LONDON … More
Debenhams set to close putting 12,000 jobs at risk
Debenhams stores are set to close after the failure of last-ditch efforts to rescue the ailing store chain. It means … More
Luxury industry fears Brexit tax change will keep London tourists away
England’s luxury stores will have more than Christmas sales to worry about when they reopen next week. Many fear a … More
Ambani is coming for India’s phones and wallets
Things nobody should lose in a taxi – their phone and wallet – are what India’s richest man wants to … More
Lotte takes over liquor and tobacco concession at Changi Airport; new business will be its largest in Asia-Pacific
SINGAPORE – Lotte Duty Free’s new liquor and tobacco stores at Changi Airport will be the company’s largest operations in … More
As rules relax, Asian cities inch closer to normality
Some of Asia’s biggest cities are slowly limping back to normal as governments begin to ease restrictions. The government said rules c
Bangladeshi garments suppliers held hostage by international clothing brands, retailers
The apparel industry is scrambling to make up for lost sales, big brands are continuing to pass on their financial burdens onto factories in garment-making countries as a feasible way to save their flailing businesses.
Tenants moving out of commercial spaces despite rent cuts
Because of the COVID-19 pandemic, the businesses of Hải’s tenants were hit so hard that Hải cut rent in half, but two out of three could not afford to stay
Small fashion brands in Asia hit by coronavirus impact
For Nurul Zulkifli, founder of the Malaysian-based clothing brand Mimpi Kita, now should be the busiest and most profitable time … More
High-income earners and expatriates to drive luxury retail sector
We expect a spike in retail spending in the first few weeks immediately after MCO is lifted. Consumers should also return to shopping as usual. They will want to go back to shopping malls for their favourite fashion brands
