綠色BN
2015-06-02

Retail News Roundup – Jun 2

The top 5 retail news clips in Asia this week.
Newspaper
1 – China seeks more duty-free shops
CHINA will build more duty-free shops at entry-exit ports and also expand the categories of imported duty-free products to “meet rising demand.” >>

2 – Walmart launches Hypermarket O2O platform “Walmart To Go” in China
Walmart launched its hypermarket O2O platform “Walmart To Go” in the Chinese city of Shenzhen on Tuesday. The platform consists of the newly launched “Walmart” mobile shopping APP, To Go Service Centre, in stores for self-pickup and multiple online & offline e-payment options. >>

3 – Markets losing lead over convenience stores
Wet markets and traditional stores remain the preferred retail channels for Vietnamese shoppers, though they are under threat as consumers shift away, according to a Nielsen report. >>

4 – Mister Donut set for major expansion
Central Restaurants Group (CRG) is boosting its investment budget by 30% to 210 million baht to expand its Mister Donut business this year. >>

5 – Under Armour Asia plans expansion
Triple so far has five Under Armour stores and concessions in Singapore, three in the Philippines and three in Malaysia. Another four stores are planned for this year, including the first in Thailand, and another five or six in 2016. The company also plans to enter Vietnam, Indonesia and Brunei with a goal of 35 stores across Southeast Asia by the end of 2018. >>


  By April Wu 
  China Market Strategy

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