綠色BN
2016-11-22

Retail News Roundup – Nov 22

The top 5 retail news clips in Asia this week.
Newspaper
1 – FamilyMart to double stores in Thailand, take on 7-Eleven
The number of FamilyMart convenience stores in Thailand will double to over 2,000 within five years as the operator seeks to narrow the gap with industry leader 7-Eleven. >>

2 – CapitaLand to open 8 malls in 2017 with record 1 million sq m of retail space
CapitaLand will open eight shopping malls next year in three Asian countries. With a combined retail gross floor area (GFA) of close to one million square metres, it will be CapitaLand’s largest ever retail space offering in a single year. >>

3 – Suning grows fresh investment in e-commerce food platform
Chinese home appliance retailer Suning Commerce Group has led a US$200 million series C+ round in Yiguo.com, a fresh produce e-commerce platform backed by Alibaba Group Holding Ltd and Yunfeng Capital, with participation from other unnamed investors. >>

4 – Boom time for Korean convenience store sector
The Korean convenience store sector is experiencing rapid growth as heavyweights battle for market share. The number of convenience stores in South Korea surpassed 33,000 as of the end of October this year, marking a rapid growth since the opening of the first store 27 years ago, according to industry data. >>

5 – BreadTalk to take Din Tai Fung into UK
BreadTalk Group has signed a franchise agreement with the parent of the Din Tai Fung brand of restaurants to take the Taiwanese concept into the UK. >>


  By April Wu 
  China Market Strategy

Share:

Relatived article

Categories
Tags

topgreen2