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We track all of the latest news on the major retailers and markets in the region, including results, personnel changes and strategic developments.

21 August 2019
Japan’s four leading convenience banners, 7-Eleven, FamilyMart, Lawson and Ministop will offer a 2% discount for cashless payments starting October. On the spot discounts for nine months… The rebate program launched by the Japanese government coincides with the rise of consumption tax from 8% to 10% in October. The initiative will look to drive consumption and the use of cashless payments. ...
20 August 2019
Chinese online retailer is reportedly in talks with bankers for US IPO in May next year. Talks still in early stage The company, a joint venture that is 48% owned by and 10% by Walmart, is seeking to raise around US$500m in an IPO. The talks are still in early stages, and the timing of the stock marketing offering, and the actual amount could change. The joint venture secur...

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