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Vietnam's retail market expected to recover in 2023

With several signs of return of investors and higher demand, Vietnam s retail sector is expected to recover this year after the problems witnessed due to the COVID-19 pandemic,. ....

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7-Eleven rapidly converting Ministop stores to be its outlets in South Korea

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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South Korea: Authorities approve Korea Seven's Ministop acquisition

The Korean Fair Trade Commission has greenlit the offer of the Lotte Group to the retailer’s parent company and gave the go-ahead for the firm to become the third player in the convenience market. | PetrolPlaza ....

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Lotte acquires Ministop's Korean operations

Lotte acquires Ministop s Korean operations ....

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Aeon (M) ties up with Boxed for new digital retail ecosystem

(M) Bhd is aiming for its new digital shopping platforms to contribute 15% to 20% of its retail revenue over the next five years, according to chief executive officer Shafie Shamsuddin.
The group that runs Aeon Retail Malaysia has tied up with American grocery e-commerce retailer Boxed to build what Shafie calls a new online retail ecosystem, which is targetted to roll out by the end of the second quarter in 2021.
“We have 16 physical locations in Malaysia, where we can build fulfillment centres, together with Boxed technology. Nobody else has this capability currently in Malaysia, ” said Shafie in an online interview.
Shafie said the new online retail ecosystem will deliver options and personalised solutions to Aeon customers who can choose to visit the malls and get their groceries and goods delivered to them while dining in restaurants, or delivered to their homes or offices. ....

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