British supermarket chain Tesco agreed to sell all of its stores in Thailand and Malaysia to Thailand’s CP Group entities for an enterprise value of $10.6 billion. …
Tiffany & Co. opens new Perth store
The new Tiffany & Co. boutique relocated to Perth’s Rain Square, following a significant redevelopment of the area Opening to the public on 4th March.…
UNIQLO and GU stores charge for shopping bags in Japan from April
Fast Retailing Co., Ltd. announced that its Group companies UNIQLO and GU will begin charging for shopping bags at all stores in Japan from 1st April.…
Sephora to open second New Zealand store in Auckland
France’s Sephora is expanding in the New Zealand market, with its second store opening in the nation scheduled for later this year.…
Nike Live opens in California and Tokyo
When Nike opened its first Nike Live pilot store in Melrose last year, it was hailed as a reinvention of the retail game: a seamless blending of data science and premium personal service that delivere…
Starbucks Korea expands community stores
Starbucks Korea said that it will strengthen its focus of business operation in Korea by opening more “community stores” that donate a portion of sales to the community via charity programs, working w…
SSP Group opens outlets in Beijing Daxing International Airport
SSP Group will open six food & beverage units at the new Beijing Daxing International Airport.…
UK’s Karen Millen files for bankruptcy in Australia, all stores to close
British’s Karen Millen announced its plan to shutter all Australian retail stores, as the Australian arm of the women’s fashion retailer files for bankruptcy.…
Suning Xiaodian buys 60 stores from Hong Kong’s Fung Group
Suning Xiaodian, which is owned by Chinese retail major Suning.com Co., has acquired more than 60 convenience stores in Guangzhou from Hong Kong conglomerate Fung Group.…
Taiwan’s Test Rite Group to close stores in China
The Test Rite Group, known in Taiwan for its do-it-yourself stores, has decided to close down 13 out of 15 stores in China due to losses, the Central News Agency reported on August 3, 2019.…