A new report has shown that the Asia Pacific region will continue to be a major driver of global duty-free and travel retail sales. According to the study, titled ‘Economic …
Bubble tea chain The Whale has opened its first outlet in Singapore. The Nanjing-based brand opened the first franchise in the territory in a basement takeaway kiosk at Lot One …
Walgreens Boots Alliance is developing more than 30 “small store” pharmacies largely in urban areas that the chain says will have a health and wellness focus in the location’s front …
Amazon.com has invested around 45 billion rupees ($634.20 million) into its Indian subsidiaries as the Seattle-based e-commerce giant ramps up operations in one of its fastest growing markets. Documents filed …
France’s LVMH, the world’s largest luxury group by sales, has approached jeweller Tiffany & Co about a takeover that would see the US company known for its diamond engagement rings join …
Vietnam restaurant chain Mon Hue has closed down without notice, evidently unable to pay its debt. Restaurants under the Mon Hue brand along with sister chains including Pho Ong Hung …
Waitrose has opened one new store and confirmed plans for another in the UAE. The first new store, which will be operated by Fine Fare Food Market, opened in in …
Hudson’s Bay Company, which owns Saks Fifth Avenue, has agreed to be taken private in the latest upheaval to hit the retail sector. The Canadian-based retailer will buy back the …
Domino’s has run into trouble in Europe: the company, that operates the pizza chain’s UK franchise, has abandoned an expansion into Switzerland, Norway, Sweden and Iceland after its stores there …
After its successful launch in Hyderabad and Mumbai, Swedish furniture giant Ikea is now looking at expanding in tier-II cities as a part of its phase 2 expansion plan. The …