April Wu

China Market Strategy

October 14, 2014

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Retail News Roundup – Oct 14

The top 5 retail news clips in Asia this week.

1 -Network planning can avoid shuttered stores

In high growth markets like those we experience across most Asian countries, Strategic Network Planning is an essential part of the process to ensure a great retail chain. If you are investing vast sums on new stores, surely you need a long term plan on where you wish to end up.>>

2 – Thailand’s IT retail chain listing to raise USD31m for ASEAN expansion

Comseven International Co, a leading IT retail chain, plans to list on the Stock Exchange of Thailand next year in order to raise funds to expand its ASEAN footprint. >>

3 – Let’s get physical – Amazon goes bricks’n mortar

It’s turning online commerce on its head: Amazon.com is reportedly planning to open its first physical store, a move that could mark a key strategic shift for a retailer that has been a pioneer of e-commerce. >>

4 – Yum! to enter Myanmar

Yum! Brands is to enter Myanmar in a joint venture.Singapore listed company Yoma Strategic announced Monday a joint venture with the US fast food giant to take the KFC restaurant brand into southeast Asian nation. >>

5 – US burger chain to enter Singapore

Upmarket burger restaurant chain Johnny Rockets has signed a franchise agreement to expand into Singapore.The new franchise partners are local husband and wife entrepreneurs Nafees Khundker and Sohana Rouf Chowdhury, who have committed to open five Johnny Rockets restaurants. >>

 

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