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China’s outlet mall boom is proving immune to the online shopping threat, and more investment funds are taking a look

Designer outlet malls, which enable brands to sell stock directly to the public through factory outlets, have continued to see strong growth in sales throughout Asia-Pacific, bucking the downturn that has affected other brick and mortar retailers during the e-commerce boom. The gains have been particularly noticeable in China, where a building boom has led to a doubling of outlet malls in the last two years. China has 110 outlet malls nationwide, or about 45 per cent of the 244 such malls… Source link

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Popular Chinese hotpot chain sets its sights on US, to open first outlet in New York early next year

Xiaolongkan, one of China’s largest hotpot chains, will open its first shop in the US in early 2020 and add nine more restaurants overseas in the next two years, the latest indication of the Chinese hotpot industry’s global ambition.The Sichuan-based chain is bringing its famous spicy hotpot to New York as soon as the first quarter of next year, company officials said. It has just signed a lease for a 500 square metre space in a new commercial complex named Tangram located in Flushing, also… Source link

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Singapore 

Fast food chain A&W to open second, bigger outlet in Ang Mo Kio, Singapore News

Following the positive response to their first outlet at Jewel Changi Airport, American fast food chain A&W has just announced that they will open their second outlet in AMK Hub. The new outlet will accommodate 142 hungry diners, an upgrade from the Jewel’s outlet which could only seat 80 diners. “With the AMK Hub outlet, we hope they can relive those memories of the time when A&W used to be in Ang Mo Kio,” said a brand representative to The Straits Times.  A&W’s first outlet at Jewel has been extremely popular since…

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Singapore 

McDonald’s investigating case of plastic found in beef burger bought from Jurong Bowl outlet, Singapore News

Fast-food chain McDonald’s is investigating a case where plastic was found in a beef burger bought at its Jurong Bowl outlet. Stomp contributor Christopher alerted Stomp to the incident and said that he had ordered a Classic Angus Cheese burger from the outlet at Yuan Ching Road on Apr 8 at about 6.25pm. He paid $12.65 for his meal. “When I received my burger and started eating it, I noticed plastic inside the burger,” he said. “I informed the outlet’s staff who gave me a refund and provided me with…

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LVMH-owned cosmetics retailer Sephora returns to Hong Kong after nine years with outlet in IFC Mall

Cosmetics retailer Sephora is making a comeback to Hong Kong after a nine-year absence.Sephora, which is owned by Paris-based luxury-goods maker LVMH, will sublet 4,000 square feet of fashion retailer Zara’s 15,000 sq ft shop in IFC Mall in Central, according to Chinese media reports.Zara’s store is on the same floor as other cosmetic retailers including Kiehl’s, Shiseido, Dior Beauty, and Bobbi Brown.Sephora, closed its Mong Kok store in 2010, just two years after opening. Market observers… Source link

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Singapore 

Don Don Donki’s fourth outlet to open in May at Novena’s Square 2, Singapore News

SINGAPORE – Japanese discount chain Don Quijote will be opening its fourth Don Don Donki outlet in Singapore in May. The outlet will be located at the basement of Square 2 mall, which is connected to Novena MRT station, according to a sign at the store space. The space was previously occupied by furniture and electronics giant Harvey Norman. The Japanese chain launched under the name Don Don Donki in Singapore because of an existing Don Quijote restaurant in Dempsey Road. Don Don Donki has been expanding rapidly since the…

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Vietnam 

Co.opmart outlet opens in Sơn Trà in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Customers buy fruits at Co.opmart Sơn Trà at the Đà Nẵng Seafood Services Industrial Zone in the city’s Sơn Trà District on its opening day on January 27. — Photo Courtesy of Saigon Co.op Viet Nam News HCM CITY — Saigon Co.op opened a Co.opmart supermarket outlet in Đà Nẵng’s Sơn Trà District on Sunday, the second store in the city and 111th in the country. Situated in the Đà Nẵng Seafood Services Industrial Zone on Bình Than Street, Co.opmart Sơn Trà has a business area of 3,000sq.m…

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Singapore 

Police investigating missing trolleys at FairPrice outlet in Holland Drive, Singapore News

SINGAPORE – All the trolleys at Holland Drive’s FairPrice outlet disappeared last Thursday (Dec 13). The next day, a sign was put up at the trolley area informing customers: “We are sorry to inform you that all our trolleys have been stolen.” A FairPrice spokesman confirmed with The Straits Times on Monday that a police report was filed last Friday for the missing trolleys at the FairPrice store located at Block 36 Holland Drive. She added: “We are unable to provide further comment on this matter until the authorities have…

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Singapore 

NEA terminates Spize restaurant’s River Valley outlet licences following fatal food poisoning outbreak, Singapore News

SINGAPORE – The National Environment Agency (NEA) has terminated the operating licences of Spize restaurant in River Valley Road with immediate effect, in view of the “egregious nature” of the food hygiene lapses it found following a fatal food poisoning incident on Nov 6. The agency will also be taking enforcement action against the restaurant for the lapses, including pressing charges in court, after it found an “unusually severe” Salmonella outbreak in its investigations into seven food poisoning incidents between Nov 6 and 9. A joint inspection on Nov 14…

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Singapore 

Police looking into alleged abduction attempt at Suntec City Toys ‘R’ Us outlet, Singapore News

SINGAPORE – The police are looking into a suspected abduction attempt at the Toys “R” Us outlet at Suntec City. A letter from Josiah childcare centre stated that the incident involved a Kindergarten 1 boy and happened on Wednesday evening (Nov 21), police said in a statement. According to a copy of the letter obtained by Shin Min Daily News, the boy’s father had picked him up from the centre on Wednesday evening. The letter, signed by the centre’s vice-principal, said they were at the Toys “R” Us outlet when a woman…

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