Retail and consumer goods industry news

14 February 2019
Japanese discount operator, Don Quijote (known as Donki) is launching its first stores in Thailand next week and in Hong Kong in July. A fun and vibrant banner... Don Quijote is well-known for its fun, ceiling-hanging merchandising, colourful and eclectic mix of products in-store, e.g. costumes, general merchandise, food and grocery, cosmetics and souvenirs. Donki's grand opening in Thai...
11 February 2019
South Korea retail conglomerate opened a new format for its Emart brand, called the SSG Food Market, in Seoul. A fusion of supermarket and food hall The new 4,000 sqm development is a fusion of premium supermarket and food hall. It includes an extensive fresh food department, with additional features such as a fishmonger, a butcher, a Korean deli, a sushi restaurant, a café, a florist and a...
06 February 2019
FamilyMart is launching a discount meals program in over 2,000 stores across Japan. FamilyMart children's restaurant Famima Kodomo Shokudo (FamilyMart children’s restaurant) aims to support low-income families with discounted meals. The new initiative will allow children and their parents access to meals, desserts and beverages at prices of JPY100 (US$0.9) for elementary school pupils, and ...
05 February 2019
FamilyMart has launched its first laundry-convenience store in the Sanchong District of New Taipei, Taiwan. A multipurpose convenience store FamilyMart's new laundry convenience store, which opened last month, operates approx. 140 sq m. The store is fitted with five all-in-one washer-dryers, a service support/payment counter, an area for daily consumables, cigarettes, and more. The retailer...
04 February 2019
Lionel Desclée has been appointed as the new CEO at Seiyu, one of the largest supermarket chains in Japan. New Seiyu CEO from 15th March From 15th March, Lionel Desclée will takes over from Mitch Slape (interim CEO) as the new CEO of Seiyu. Desclée left management of Tom & Co earlier this year, but he remains a shareholder and member of the board. Walmart invested in Seiyu back in ...
04 February 2019
The Philippines’ second largest retailer is expanding towards new geographic locations by opening stores and acquiring grocery retail chains nationwide. New stores opening The group is to open 25 more stores and four S&R membership warehouse stores this year. The four S&R membership warehouse stores to be opened this year will be located in Metro Manila, Southern Luzon and outside Metro Man...
31 January 2019
Alibaba Group Holding Limited announced its financial results for the quarter ended 31 st December 2018. Growth driven by technology The company had another strong quarter. In the press release, Daniel Zhang, CEO of Alibaba, commented that “ Our resilient operating and financial performance is a direct reflection of our persistent focus on better serving our growing base of nearly 700 mill...
31 January 2019
RedMart, an online grocery platform, was acquired by Lazada in 2016, but kept it as a separate business until now. It will be integrated into Lazada’s platform in March, allowing shoppers to buy both groceries and other products on Lazada in the same location. Shoppers will need to download Lazada app RedMart shoppers can continue using the existing app until 11:59pm on 14 th March, before...
28 January 2019
The high end membership-only retail club chain is to open 40 more stores in mainland China by end of 2019. High confidence in the market Since the first Sam’s Club opened in Shenzhen in 1996, the company now has 19 stores covering different geographic regions of China: Beijing, Shanghai, Shenzhen, Guangzhou, Fuzhou, Dalian, Hangzhou, Suzhou, Wuhan, Changzhou, Zhuhai, Tianjin, Xiamen, Nanjin...
25 January 2019
Europe-based buying alliance EMD has announced that South Korea-based Homeplus will join the organisation. EMD said Homeplus will initially work with EMD on the ‘ sourcing of private label products ’, but noted there is scope for ‘ the option of cooperation in other areas of intercontinental cooperation ’. Homeplus to expand EMD’s global membership Following the addition of Homeplus, EMD wi...