Strong figures for a second quarter in a row confirm Japan’s recovery from recession, showing a 1.2% boost over three months.…
.
Your one-stop source for retail intelligence in Asia
China to Coca-Cola: No Deal
Coca-Cola’s acquisition of China’s Huiyuan Juice was blocked on March 18 by the country’s Ministry of Commerce, which said in a statement that the deal would be harmful to market com…
Wal-Mart Nets Mostly Positive Q3 Results
Discount retailer Wal-Mart reported gains in net sales and operating income for its Q3 fiscal 2010 (ended October 31, 2009), but experienced decreases in comparable store sales. Analysis of selected t…
We are focusing on integrated, mixed-use retail destinations
Phoenix Mills Ltd managing director Atul Ruia, a third generation entrepreneur from the Ruia family, has been instrumental in setting up and managing premier retail destination, High Street Phoenix at…
Burger King faces burger pricing lawsuit
Fast food retailer Burger King faces a lawsuit brought by a group of franchisees claiming it lacks authority to force them to carry a $1 double cheeseburger menu item. According to the Atlanta Journal…
McDonald’s Plans 1K New Stores
Fast food retailer McDonald’s intends to undergo major store expansion and renovation in 2010. At yesterday’s investor meeting, McDonald’s said it will open 1,000 new stores and reim…
Sands looks to restart Macau casino work next year
US casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction last year amid a massive funding crunch, the…
FamilyMart to acquire ampm
Leading Japanese convenience-store operator FamilyMart has announced it will acquire the Japanese arm of US convenience-store chain ampm.
According to a statement on FamilyMart’s website, the ac…
Whopper Bar makes an entrance in Singapore
Burger King’s latest innovation, the Whopper Bar, has just made its debut in the Asia Pacific region, with the opening of a store in Singapore’s trendy Clarke Quay dining and entertainment…
Hong Kong retailers generally optimistic about next 12 months
Savills latest retail report for Hong Kong outlines that the retail market in the third quarter was supported by moderate growth in visitor arrivals numbers and a slowing in the rate of decline in ret…