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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. per cent, with the Plaza format, which accounts for about two-thirds of its shopping centre portfolio, sitting at 81.1

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Why mattress disruptor Koala is getting in bed with homewares

Inside Retail

For example, [previously] when customers shopped through our social channels, they’d want to buy the cushions and rugs that would be dressing our sofas, but we didn’t sell them.”. Additionally, any homewares that get returned to the business will be put back into circulation through charities or resale, like its larger pieces.

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Analysis: How Vietnam’s malls are riding the wave of recovery

Inside Retail

On 12 July, a rumour circulated on social media that the chairperson of Vingroup, which includes Vincom Retail, Vietnam’s largest mall operator, had been barred from leaving the country. The optimistic outlook has led retailers in the Vietnam region to dust off their pre-pandemic expansion plans and accelerate store openings.

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How Maccas, Domino’s and 7-Eleven are taking sustainability seriously

Inside Retail

The research is a nudge for organisations to implement sustainability initiatives because customers will shop with this in mind. million pieces of plastic from circulation each year. Parcel delivery is big business these days, reflecting the growth of online shopping. Eco-friendly targets on the move.

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From Cobblestones to Cyberspace: VMSD Celebrates Its 125th Year of Service to the Retail Industry

VMS

In the late 19th and early 20th centuries, well before high-end shops and boutiques graced the iconic retail corridors of Fifth Avenue, Champs-Élysées and Via Monte Napoleone, consumerism and desire became a driving force in Western culture. Within a few short months of its debut, circulation grew into the tens of thousands.