Recent Posts
News•Feb 24, 2026
Marks & Spencer Looks Set to Exit the Philippines
Marks & Spencer’s Philippine franchise, operated by the former Rustan’s Group now owned by SSI Group, has shuttered several key locations, cutting its footprint from over 20 stores to 13. Recent closures at TriNoma, Robinsons Manila, Marquee Mall and possibly SM Mall of Asia have been accompanied by deep discounting of up to 60% to clear inventory. The retailer’s limited product ranges, especially extended sizes, are disappearing, fueling speculation that M&S may exit the market. This follows a broader “reset” of M&S’s international portfolio, including a reduction of UK full‑line stores from 229 to 180.
By Inside Retail Asia
News•Feb 23, 2026
Honolulu Cafe’s Wan Chai Branch to Close Down
Honolulu Cafe, a Hong Kong heritage coffee chain founded in the 1940s, announced the closure of its flagship Wan Chai outlet on March 1, 2026. The decision follows a period of careful consideration and marks the end of a decades‑long presence in one...
By Inside Retail Asia
News•Feb 23, 2026
AS Watson Parent Mulls Bid for Collapsed Australian Pharmacy Group’s Assets
Hong Kong‑based AS Watson, majority‑owned by CK Hutchison, is weighing a bid for 92 Priceline pharmacies in Australia that were placed in receivership after Infinity Pharmacy Group’s collapse. The assets, franchised from Wesfarmers‑owned Priceline, are being sold by administrator Teneo with a...
By Inside Retail Asia
News•Feb 23, 2026
BJC Moves to Snap up MM Mega Market Vietnam in $720m Deal
Berli Jucker (BJC) announced a US$720 million acquisition of MM Mega Market Vietnam, buying 921.8 million shares of TCC Land International through its Singapore subsidiary C‑Distribution Asia. The deal, valued at 22.5 billion baht, targets completion in the second quarter pending shareholder and...
By Inside Retail Asia