綠色BN
2014-08-12

Retail News Roundup – August 12

The top 5 retail news clips in Asia this week.
Newspaper
1 – Toms steps out in Thai market
US shoe brand Toms has launched its first store in Thailand at Central Embassy in Bangkok. Star Fashion Co has been appointed as its distributor in Thailand, according to Hajime Birnbaum, international sales and marketing director for Toms.
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2 – Woolworths opens first online-only “dark” store
It looks like a normal supermarket, complete with fruit and vegetables, meat and freshly baked bread, but there’s one thing missing from Woolworths’ newest store – the customers.
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3 – Burger King in Indian expansion
India will be one of the growth engines of American fast food chain Burger King. The fast food chain says it will open outlets in Delhi and Mumbai before the year ends as part of its expansion plan to open as many as 100 outlets over the next 10 years.
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4 – MasterCard to push digital payments in Indonesia
Singapore mall Northpoint City is to add about 300 new shops, nearly trebling its size. The shopping mall currently has 170 shops. By 2018, when the project is complete, Northpoint City will include a town plaza, community club, a rooftop community garden and a residential estate called North Park Residences.
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5 – Thai riverfront to become retail haven
Bangkok’s Chao Phraya riverfront is fast becoming a retail hub for tourists and locals alike. While there has been extensive media coverage of the $1.5 billion IconSiam mixed use project with two shopping malls, another smaller retail development will open its doors in November. It will join the market and entertainment complex Asiatique as retail drawcards. 
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 By Chris Hubbard 
   Market Strategy

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