200 Leading Retailers in

. Showcasing the very best in innovation across Asia from to convenience retail

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Thank you for downloading this eBook featuring 200 of the most exciting & innovative retailers in Asia. We've spent weeks speaking with our community and researching across the web to bring you this list, and we hope that you nd it useful & interesting.

This is by no means a denitive resource, but more an opportunity to spark a discussion. Which retailers would make your top 200? Which countries do you see as the biggest opportunity for retail? Which categories excite you the most? How will this list change as e-commerce continues to grow? We'd love to hear your thoughts.

Seamless Asia

We were inspired to put this list together ahead of our Seamless Asia conference and exhibition, running on 2nd-4th May 2018 at Suntec Convention Centre here in Singapore.

Over the years we've seen so many phenomenal retailers take the stage to present their challenges and their visions for the future of retail. Through this eBook we wanted to honour many of those businesses, as well as showcase some of those who we hope will join us in the future to share their stories.

We would love to see you and your team at the show in May, as we come together to celebrate the very best in Asian retail, and look ahead to the seamless future of commerce throughout the region.

Best wishes

Oliver Arscott & Team Seamless Key Statistics Category Statistics

First let's take a look at categories. Here we see that fashion & jewellery have clinched the top spot, making up some 20% of the total list. It is interesting to note that there is a far greater presence of global brands within this category than in any other, with 60% of companies hailing from outside of Asia.

Convenience stores, demonstrating annual store growth of 15-40% in countries like Vietnam, the Philippines and Indonesia, are a particularly exciting category to keep an eye on, with many young brands already with hundreds of stores in operation.

At the bottom of the list are the variety stores. This is also the most homogeneous category, with all 5 companies headquartered in Japan. Given how quickly this category is growing however, especially driven by market leader , it is certainly one to keep a close watch on. Country Statistics

The ve countries with the largest contingents on this list are all represented for dierent reasons:

1) Japan - Japan dominates the variety retail market, as well as having a strong showing on our list in department stores and in electronics & home categories

2) Singapore - Singapore retail is going through some challenges but remains a rm retail hub, especially through mall operators and department stores

3) India - In India we see electronics & home as being a really dominant category, with Reliance Digital alone operating some 2,000 stores

4) China - Chinese retail is more centralised than India, demonstrated by businesses like Easy Joy operating in 25,000 locations

5) Hong Kong - Unsurprisingly Hong Kong is especially well represented on this list in the fashion & jewellery category, with 5 entries Store Number Statistics

Here we break down categories by number of stores in operation. We have to be slightly careful here, as some of the brands represented, especially in fashion and hypermarkets, run many of their stores outside of the Asia region.

Nevertheless, there are some denite lessons we can draw from this data. The most glaring of these is the economies of scale needed to run an eective convenience retail chain. These numbers are especially driven by countries like China, where leading convenience brands run tens of thousands of stores.

At the other end of the spectrum, department stores & mall brands in Asia rarely have more than 30 sites in operation, focusing instead auent, urban areas where they can guarantee protable trac. As the standard of living in Asia increases, it will be interesting to see how existing department stores and malls grow into tier II/III cities. Convenience Stores Convenience Retail Summary

Convenience retail in Asia is being driven by a number of signicant market trends, from urbanisation to growing prosperity. As families move from extremely rural settings into towns and cities, the reliance on mom-and-pop style shops (eg Kirana stores in India) falls as families graduate to more established, urban convenience stores for their weekly shop.

Growth in convenience formats has also been driven by changing working patterns. In the Philippines for example, the growth of the BPO sector has meant that early & late opening convenience stores have found protability by serving workers on antisocial shift patterns.

Increased prosperity also means that convenience chains can operate in smaller and smaller towns, a trend which has been particularly seen in markets like the Philippines and Indonesia where chains have seen double- digit growth.

An exciting trend that we've also seen is the changing role of convenience stores, especially as they enter into tier III and smaller towns. Whereas the product range oered in cities can be quite narrow, in more rural settings we've seen an uptick in additional services on oer, from quasi-banking to e- commerce fulllment.

Whilst growth in the convenience retail sector is unlikely to be sustained in developed Asian economies like Singapore and Japan, we can expect CAGR of up to 40% in emerging markets like Vietnam. Convenience Stores Shortlist

Organisation Outlet Type Headquarters Locations Parent Company Name Worldwide

108 Shop Convenience Thailand 250+ Saha Group Store

7-Eleven Convenience USA 56,600 Seven & I Store Holdings/Seven- Eleven Japan

99 Convenience Malaysia 800 99 Speed Mart Sdn SPEEDMART Store Bhd

Alfamart Convenience Indonesia 10,000 PT. Sigmantara Store Alndo

B's Mart Convenience Thailand 200 Berli Jucker Plc Store

Cheers Convenience Singapore 160 National Trades Store Union Congress

Circle K Convenience USA 8,000 Alimentation Store Couche- Tard/Convenience Retail Asia

CJ Express Convenience Thailand 250 CJ Express Group Store Co., Ltd.

CU Convenience South Korea 8,000 BGF Retail Co., Ltd. Store Easy Joy Convenience China 25,000 Sinopec Group Store

Easyday Convenience India 500 Future Group Store

FamilyMart Convenience Japan 17,000 FamilyMart UNY Holdings, Store Ltd.

Fresh Mart Convenience Thailand 600 International Store co.,ltd

GS25 Convenience South Korea 5,000 GS Group Store

Indomaret Convenience Indonesia 11,000 Salim Group Store

Lawson Convenience Japan 14,000 Mitsubishi Corporation Store

Meiyijia Convenience China 7,400 Meiyijia Convenience Store Store Co. Ltd

Ministop Convenience Japan 4,900 Æon Group Store

MyNews Convenience Malaysia 250 Bison Consolidated Berhad Store

PARKnSHOP Convenience Hong Kong 300 A.S. Watson Store Group/Hutchison Whampoa

Spar Convenience Netherlands 12,500 / Store Group, Inc. uSmile Convenience China 17,000 PetroChina Co., Ltd. Store Department Stores Department Stores Summary

Department stores are undoubtedly going through a period of transition. On the one hand they are being challenged by malls with evolving tenant mixes and an increased focus on becoming entertainment and leisure destinations. On the other hand, e-commerce is slowly chipping away at the need to come in-store in the rst place.

For many department stores, this transition means a degree of consolidation. As margins tighten, it will become increasingly dicult to justify such signicant spend on real estate in premium locations. Indeed, we've already seen many department stores move to become key tenants within mall spaces, rather than owning entire buildings outright.

Nevertheless, whilst this space consolidation may cause some stress on well established businesses, there is plenty of reason for optimism.

The growing middle class across Asia, expected to reach 3.2 billion by 2030 according to the OECD, will drive a signicant increase in consumer spending. Through a focus on experiential , retailers can appeal to this new aspirational class.

Furthermore, whilst e-commerce will continue to grow as a percentage of total spend, the pace of growth has been somewhat slower than expected, currently sitting at only 4% of total consumer spend in the Southeast Asia region. Indeed, many e-commerce businesses are opening their own physical retail spaces, recognising that Asian consumers still value experiencing products in the esh before purchase. Department Stores Shortlist

Organisation Outlet Headquarters Locations Parent Name Type Worldwide Company

AK Plaza Department South Korea 5 Aekyung Store Industrial

Amphon Department Thailand 2 Phra Nakhon Si Store Ayutthaya

BHG Department China 15 Beijing Hualian Department Store Group Stores

Centro Department Philippines 17 Citistores Inc Store

D-Mart Department India 132 Avenue Store Supermarts Ltd.

Diamond Plaza Department Vietnam 1 Chatur Group Store

Far Eastern Department Taiwan 1 The Far Eastern Store Group

Galeries Department France 7 Galeries Lafayette Store Lafayette Group

Galleria Department South Korea 5 Hanwha Group Store Hankyu Department Japan 14 H2O Retailing Corporation Store

Hanshin Department Japan 5 H2O Retailing Corporation Store

Harvey Nichols Department UK 16 Dickson Concepts Store

Hyundai Department South 14 Hyundai Department Store Korea Store Group

Isetan Department Japan 20 Isetan Mitsukoshi Ltd. Store

Lotte Department South 34 Lotte Co., Ltd. Store Korea

Marks & Department UK 1,433 Marks and Spencer plc Spencer Store

Matahari Department Indonesia 142 PT Matahari Department Store Store Tbk

Metro Department Singapore 3 Metro Pte Ltd Store

Metro Retail Department Philippines 46 Metro Retail Stores Group Stores Store Inc.

Metrojaya Department Malaysia 5 MUI Group Store

OG Department Singapore 3 OG Pte Ltd Store

Pantaloons Department India 85 Aditya Birla Group/Future Store Group

Parco Department Japan 25 J. Front Retailing Store

Parkson Department Singapore 65 Parkson Retail Asia Store Limited Robinson Department Thailand 39 Central Group Store

Robinsons Department Philippines 37 Robinsons Land Store Corporation

Rustan's Department Philippines 5 Rustan Commercial Store Corporation

Seibu Department Japan 16 Seven & I Holdings Co., Store Ltd.

Shinsegae Department South 18 Shinsegae Corporation Store Korea

Shoppers Stop Department India 73 K Raheja Corp Group Store

Sincere Department Hong 7 Sincere Group Department Store Store Kong

SM Department Department Philippines 30 SM Investments Store Store

Sogo Department Japan 50 Sogo & Seibu Store

Takashimaya Department Japan 25 Mitsubishi UFJ Financial Store Group

Tangs Department Singapore 7 C.K. Tang Limited Store

The Mall Department Thailand 9 The Mall Group Department Store Store

Westside Department India 90 Tata Group Store

Wing On Department Hong 5 Wing on Company Store Kong International Limited

Electronics & Homeware Stores Electronics & Homeware Summary

Electronics Stores When it comes to the consumer electronics space, Asia is undoubtedly the market with the greatest growth potential. Between 2010 & 2015, the Asian market for electronic goods grew by a CAGR of 6.5%, and that rate of growth has shown no signs of letting up.

Whilst in much of the rest of the world trends like the shrinking PC market has seen electronics stores struggle in the last couple of years, Asia remains a huge opportunity for further growth. This will be driven by a number of key factors including the rapidly expanding penetration of aordable smartphone and the growing rate of disposable income across the region.

There are challenges though. The success of e-commerce sites like Lazada across Southeast Asia, within which electronics are a key category, means that brick-and-mortar retailers will have to ght harder than ever to compete. We've also seen a growth in convenience retailers in rural areas stocking electronics goods, as well as acting as fulllment centres for online commerce.

Homeware Stores

With market leader IKEA set to open stores in the Philippines and in India, to augment its already impressive 9 market presence in Asia, we can see an increasingly buoyant homeware sector.

This market is rmly split between global brands and local incumbents, with both being challenged by startup e-commerce brands such as Fabelio and FOYR. Electronics & Homeware Shortlist

Organisation Outlet Type Headquarters Locations Parent Name Worldwide Company

Ashley Furniture Electronics & USA 520 Ashley HomeStore Homeware Furniture Industries

Best Denki Electronics & Singapore 14 BEST Denki Homeware (Singapore) Pte Ltd

Bic Camera Electronics & Japan 41 Bic Camera Inc Homeware

Challenger Electronics & Singapore 38 Challenger Homeware Technologies Limited

Courts Electronics & Singapore 80 Courts Homeware (Singapore) Pte Ltd

Croma Electronics & India 98 Tata Group Homeware

DeoDeo Electronics & Japan 150 edion Group Homeware

EZone Electronics & India 44 Future Group Homeware Gome Electronics & China 850 GOME Electrical Homeware Appliances Holding Limited

Habitat Electronics & France 530 Cafom SA Homeware

Harvey Electronics & Australia 194 Harvey Norman Holdings Norman Homeware Limited

Himart Electronics & South Korea 300 Lotte Co., Ltd. Homeware

Ikea Electronics & Netherlands 400 Stichting INGKA Homeware Foundation/Inter IKEA Group

NEXT Electronics & India 600 Videocon Homeware

Nitori Electronics & Japan 400 Nitori Holdings Co., Ltd Homeware

Osim Electronics & Singapore 60 OSIM International Ltd Homeware

Power Buy Electronics & Thailand 80 Central Group Homeware

Reliance Electronics & India 2,000 Reliance Retail Digital Homeware

Staples Electronics & USA 1,900 Staples Inc. Homeware

Suning Electronics & China 1,300 Suning Commerce Group Homeware

Yodobashi Electronics & Japan 23 Yodobashi Camera Co., Camera Homeware Ltd Fashion & Jewellery Stores Fashion & Jewellery Summary

Fashion Retail

Asian expenditure on clothing and footwear predicted to grow by 9.5% annually over the next ve years, with 2018 regional expenditure expected to reach $920 billion. $500 billion of this is due to come from China alone, outstripping both Western and in terms of market size.

Fast fashion brands are doing especially well within Asia, with brands like H&M, Gap & Zara doing well to capture new middle-class customers at aspirational but attainable product price points. In general, greater awareness of western fashion, much of which has been driven by exposure on social media platforms, will continue to create demand.

At the same time, we are seeing local brands catering to specically Asian cuts and styles having a great deal of success (for example Love, Bonito in Singapore) a trend which will put pressure on global brands to localise products to ensure long-term relevancy.

Jewellery Retail

With all the talk of millennials not buying diamonds, it is refreshing to see the jewellery market continuing to grow across a number of Asian markets, in particular Indonesia with 7.8% CAGR and India with 6.9% CAGR, both of which have a very "millennial" average population age of 28/29. This compares favorably to the more sluggish growth in markets like Singapore (3.9%), where the average age is 40. Fashion & Jewellery Shortlist

Organisation Outlet Headquarters Locations Parent Company Name Type Worldwide

ABC-Mart Fashion & Japan 1,000 ABC-MART, Inc. Jewellery

Aldo Fashion & Canada 3,000 Aldo Group Jewellery

Armani Fashion & Italy 270 Giorgio Armani Exchange Jewellery S.P.A.

Belle Fashion & China 4,000 Belle International International Jewellery Holdings Limited

Bershka Fashion & Spain 1,000 Inditex Jewellery

Biba Fashion & India 350 Biba Jewellery

BIMBA Y Fashion & Spain 200 BIMBA Y LOLA LOLA Jewellery

Calvin Klein Fashion & USA 3,000 Phillips-Van Heusen Jewellery Corporation

Charles & Fashion & Singapore 600 Charles & Keith Keith Jewellery Group

Chow Tai Fashion & Hong Kong 1000 Chow Tai Fook Fook Jewellery Enterprises Ltd. Cotton On Fashion & Australia 1,200 Cotton On Group Services Jewellery Pty Ltd.

Debenhams Fashion & UK 240 Debenhams plc Jewellery

Desigual Fashion & Spain 320 Abasic, S.L.U Jewellery

Dorothy Fashion & UK 720 Arcadia Group Perkins Jewellery

Esprit Fashion & Hong 900 Esprit Holdings Limited Jewellery Kong

Folli Follie Fashion & Greece 380 Folli Follie Group Jewellery

Forever 21 Fashion & USA 600 Forever 21, Inc. Jewellery

G2000 Fashion & Hong 700 Wing Tai Holdings Limited Jewellery Kong

Gap Fashion & USA 3,700 The Gap, Inc. Jewellery

Giordano Fashion & Hong 2,800 Giordano International Jewellery Kong Limited

GU Fashion & Japan 335 Fast Retailing Jewellery

H&M Fashion & Sweden 3,700 H & M Hennes & Mauritz Jewellery AB

La Senza Fashion & Canada 700 L Brands Inc. Jewellery

Lane Crawford Fashion & Hong 9 The Lane Crawford Joyce Jewellery Kong Group

Lee Hwa Fashion & Singapore 22 Aspial Corporation Jewellery Jewellery Li Ning Fashion & China 4,000 Li-Ning Company Jewellery Limited

Mango Fashion & Spain 1,700 Mango (clothing) Punto Jewellery Fa, S.L.

Massimo Dutti Fashion & Spain 750 Inditex Jewellery

Nike Fashion & USA 1,100 Nike, Inc. Jewellery

Padini Fashion & Malaysia 330 Padini Holdings Jewellery Berhad

Pull&Bear Fashion & Spain 870 Inditex Jewellery

Royal Sporting Fashion & Singapore 700 RSH Limited House Jewellery

SK Jewellery Fashion & Singapore 40 Soo Kee Group Jewellery

Sunglass Hut Fashion & Italy 2,300 Luxottica Group Jewellery

T.M.Lewin Fashion & UK 200 T. M. Lewin & Sons Jewellery Limited

Tanishq Fashion & India 200 Titan Industries Jewellery

Ted Baker Fashion & UK 490 Ted Baker plc Jewellery

Topshop Fashion & UK 500 Arcadia Group Jewellery

Uniqlo Fashion & Japan 1,800 Fast Retailing Jewellery

Zara Fashion & Spain 2,000 Inditex Jewellery Health & Beauty Stores Health & Beauty Summary

Signicant growth can be found across all categories of health & beauty, but especially in the market where Asia is predicted to make up 80% of the global cosmetics market by 2019.

Indonesia, Vietnam & China have seen the most signicant growth in recent years at 8-9% CAGR. At the other end of the spectrum growth has remained relatively at in markets like the Philippines and Japan, with 0-1% CAGR.

Growth in Asia has been driven by a number of key factors. One of the most often cited success stories has been the eorts made by major beauty players to cater to the unique needs of the Asian consumer, notably Procter & Gamble’s hugely successful SK-II brand. Brands have also become far more savvy in the use of local celebrities to promote their products, as opposed to generic Western stars.

Another success story, both in the beauty and in the broader wellness space, have been the eorts to make consumers aware of the importance of using branded products from reliable sources. This was essential after many scandals with cosmetics containing toxic ingredients, and has also had the additional benet of driving up revenues.

More broadly we have seen a general shift amongst Asian populations towards healthy living. This has been triggered by a range of factors, from rising incomes and increased nutritional choice through to government initiatives. Retailers in the health & beauty space have been able to jump onto this trend, increasing sales in healthy-living focused product categories. Indeed, this has been so successful that APAC is now the largest global market in the dietary supplements category. Health & Beauty Shortlist

Organisation Outlet Headquarters Locations Parent Company Name Type Worldwide

Alliance Boots Health & Switzerland 4,600 Walgreens/KKR & Co. Beauty L.P.

China Health & China 2,300 China Nepstar Chain Nepstar Beauty Drugstore Ltd.

GNC Health & USA 8,000 GNC Corp. Beauty

Guardian Health & Singapore 200 Guardian Health & Beauty Beauty

Kimia Farma Health & Indonesia 1,000 PT. Kimia Farma Tbk Beauty

Lush Health & UK 940 Lush Ltd. Beauty

Medplus Health & India 1,400 MedPlus Health Beauty Services Private Limited

Mercury Drug Health & Philippines 1,000 Mercury Group of Beauty Companies, Inc.

SaSa Health & Hong Kong 280 Sa Sa International Beauty Holdings

Sephora Health & France 1,900 LVMH Beauty Super-Pharm Health & Israel 300 Super-Pharm (Israel) Ltd Beauty

The Body Health & UK 3,000 L'Oréal/Natura (Brasil) Shop Beauty International B.V.

Unity Health & Singapore 30 NTUC Healthcare Beauty

Watsons Health & Hong 700 A.S. Watson Group Beauty Kong Hypermarkets & Hypermarkets & Supermarkets Summary

We have seen a remarkable slowdown in the rate of growth for hypermarkets & supermarkets worldwide in the last couple of years. Whilst convenience formats and online retail have blossomed, growth in 2016 was just 0.7%. Furthermore, overall market share for hypermarkets & supermarkets together fell from 53.2% to 52%, with e-commerce jumping from 3.8% to 4.6%.

Clearly this market share is still utterly dominant, and it has been interesting to see that whilst saturated, mature markets in Asia have stalled in-line with the global trend, emerging markets like Vietnam, Bangladesh and Myanmar continue to grow apace. As urban areas continue to grow in these economies so too can we expect to see hypermarkets grow to meet the need.

Despite the brighter outlook for Asian hypermarkets & supermarkets, there is little doubt that businesses in this market will start to adopt some of the strategies currently being trialed in other global markets, in order to try to guarantee their long term survival.

These include further localisation of product assortments, emphasis on health & wellness products, personalised oers and shopping experiences for customers, in-store digitisation, e-commerce fullment provision and small format stores to meet the needs of customers looking for convenience retail.

These strategies are likely to be seen rst in more established markets, where the motivation to innovate will be driven by market competition. Emerging markets should watch closely, and integrate the strategies that have proven successful. Hypermarkets Shortlist

Organisation Outlet Type Headquarters Locations Parent Company Name Worldwide

Auchan Hypermarket France 640 Groupe Auchan SA

Big Bazaar Hypermarket India 250 The Future Group

Big C Hypermarket Thailand 700 Central Group

Carrefour Hypermarket France 1,400 Carrefour S.A.

Central Hypermarket India 36 The Future Group

Costco Hypermarket USA 730 Wholesale Corporation

E-Mart Hypermarket South Korea 160 Shinsegae

Homeplus Hypermarket South Korea 113 PLC

HyperCITY Hypermarket India 20 Shoppers Shop

Lulu Hypermarket UAE 134 LuLu Group Hypermarket International

Metro Cash & Hypermarket Germany 747 METRO Carry AG/Ceconomy

More Hypermarket India 14 Aditya Birla Group Hypermarket

Mydin Hypermarket Malaysia 18 Mydin Mohamed Hypermarket Holdings Berhad Pacic Hypermarket Malaysia 7 Pacic Hypermarket & Departmental Store Sdn. Bhd

RT-Mart Hypermarket Taiwan 300 RT-MART International Ltd.

Servay Hypermarket Malaysia 17 Servay Hypermarket Sdn. Bhd.

Tesco Hypermarket UK 6,780 Tesco PLC

TF Value Hypermarket Malaysia 18 TF Value Mart Mart

Walmart Hypermarket USA 11,690 Wal-Mart Stores, Inc Supermarkets Shortlist

Organisation Outlet Type Headquarters Locations Parent Company Name Worldwide

Agora Bangladesh 20 Rahimafrooz Supermarkets Superstores Ltd

All Day Supermarket Philippines 100 All Value Holdings Inc

Citimart Supermarket Vietnam 27 ÆON Group

City Mart Supermarket Myanmar 26 City Mart Holdings

Citysuper Supermarket Hong Kong 28 City Super Group

Co.opmart Supermarket Vietnam 82 Saigon Co.op

Cold Storage Supermarket Singapore 48 Dairy Farm International Holdings

CR Vanguard Supermarket China 4,860 China Resources Enterprise

Daiei Supermarket Japan 3,000 The Daiei, Inc

FairPrice Supermarket Singapore 100 NTUC

Fivimart Supermarket Vietnam 20 FIVIMART

Giant Supermarket Malaysia 126 Dairy Farm International Holdings

Heiwado Supermarket Japan 150 Heiwado co., ltd Hero Supermarket Indonesia 700 PT Hero Supermarket

Jingkelong Supermarket China 280 Jingkelong

Lianhua Supermarket China 3,180 Bailian Group

Puregold Supermarket Philippines 266 Puregold Price Club, Inc

PX Mart Supermarket Taiwan 850 PX Mart Co., Ltd

Ranch Supermarket Indonesia 14 PT Supra Boga Lestari Tbk Market

Reliance Supermarket India 700 Reliance Retail Fresh

Ren Ren Le Supermarket China 100 Ren Ren Le

Segifresh Supermarket Malaysia 38 Segi Cash and Carry Sdn Bhd

Seiyu Supermarket Japan 340 Seiyu GK

The Store Supermarket Malaysia 49 The Store Corporation Bhd

Wellcome Supermarket Hong 257 Dairy Farm International Kong Holdings

Wumart Supermarket China 430 Wumart Stores, Inc Mall Operators Mall Operators Summary

Malls across Asia have really become the cornerstones of communities in urban environments. In there are over 100 malls serving a population of 9 million people. In Hong Kong, over 120 malls serve 7 million people.

Especially in increasingly dense and overpopulated cities, malls are morphing from shopping destinations to entertainment, dining and leisure destinations. Backed by research demonstrating that shoppers spend 20% longer at malls with a good food court, and spend up to 45% more at malls with movie theatres, malls are transforming into locations where consumers can spend their entire day, rather than just a couple of frantic hours of shopping.

In many ways, this focus on experience, on providing a meeting and eating place for friends and family, safeguards at least some malls from the ravages of e-commerce. Indeed, malls can become important channels at both ends of the funnel, from discovery all the way down to acting as fulllment centres.

Nevertheless, this is not to say that malls can rest on their laurels. Singapore is a great example of how malls without the right tenant mix, the right additional features, can rapidly lose trac. The success of newer malls like ION has undoubtedly been at the expense of older malls that are in the process of falling by the wayside.

Securing anchor tenants will become ever more important, as will working with them to ensure they are doing the most with the space. The rise of concept & agship stores, for example the exciting stores created by brands like Razer, are a huge opportunity to kill two birds with one stone, combining retail with entertainment to attract consumers and keep them in the mall.

Mall Operators Shortlist

Organisation Outlet Headquarters Locations Parent Company Name Type Worldwide

AEON Mall Co Mall Japan 21 ÆON Group Operator

CapitaLand Malls Mall Singapore 19 CapitaLand Operator Limited

Central Pattana Mall Thailand 30 Central Pattana Operator Public Company Limited

DLF Group Mall India 9 DLF Limited Operator

Founder Group Mall China 10 Peking University Operator

Henderson Land Mall Hong Kong 10 Henderson Development Operator Development Ltd.

Keppel Land Mall Singapore 11 Keppel Land Operator Limited

Lendlease Mall Australia 20 Lendlease Group Operator

Lippo Malls Mall Indonesia 27 Lippo Malls Operator Indonesia Retail Trust

Mitsui Fudosan Mall Japan 23 Mitsui Group Operator OUE Mall Operator Singapore 3 OUE Limited

Prestige Group Mall Operator India 6 Prestige Group

Robinsons Mall Mall Operator Philippines 37 Robinsons Land Corporation

SM Supermalls Mall Operator Philippines 63 SM Prime Holdings

Sunway Group Mall Operator Malaysia 5 Sunway Berhad

Variety Stores Variety Stores Summary

Variety stores, and especially the ubiquitous Daiso brand, are achieving a great deal of success across Asia. With almost all of the market leaders hailing from Japan, variety stores oer small box retail in urban areas.

Whilst many comparisons have been drawn with US dollar stores and British pound shops, both of which target medium-to-low income households, variety stores are nding success across socio-economic groups by focusing less on groceries and more on cleaning products and other household goods.

The growth of the market seems to be in direct reaction to the struggling hypermarket sector. Whereas hypermarkets force consumers to travel signicant distances to buy branded goods, variety stores are able to take advantage of Asia's vast number of malls to bring low-price general products to the masses.

Organisation Outlet Headquarters Locations Parent Company Name Type Worldwide

Daiso Variety Japan 6,800 Daiso Industries Store Co., Ltd.

Don Quijote Variety Japan 163 Don Quijote Co., Ltd Store

Miniso Variety Japan 1,800 Aiyaya Store

Muji Variety Japan 656 Ryohin Keikaku Co., Store Ltd

Tokutokuya Variety Japan 20 TOKUTOKUYA / ECI Store Co., Ltd This is just the beginning...

From 3rd-4th May 2018 over 6,000 retailers, e-commerce merchants, payments and logistics experts will join us in Singapore at Seamless Asia to discuss the future of commerce across the region.

If you have enjoyed this eBook, click the link below and nd out how you can deepen your knowledge and expand your network by attending Seamless Asia 2018.

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