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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Reports have been circulating for more than a month now that Thailand’s Central Group is in talks with Vietnam’s Vincom Retail that could lead to the Thai company buying a majority stake. Total GFA is now 1.747 million sqm, up 6 per cent from a year ago, but vacancy across the portfolio outside of prime CBD locations remains a problem.

Expansion 130
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Meet Missfresh, the Chinese grocery retailer offering 30-minute delivery

Inside Retail

Speedy delivery is the name of the game for supermarket retailers all over the world right now, as major chains invest in micro fulfilment centres and explore dark stores in an effort to keep up with customers’ rising expectations during the pandemic. We set up DMWs, which are located near residential communities or office buildings.

Marketing 130
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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

Marketing 130
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Why digitally native brands are opening brick-and-mortar stores

Greater Group

The luggage and travel accessories retailer, Away, was founded in New York in 2015 as an exclusively online brand. Since the launch of the first standalone Away store of nearly 3,000 sqm, the brand has expanded its retail network to 13 stores across the US, the UK and Canada.