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Vietnamese Café Seizes Prime Spot in HCMC Once Owned by Starbucks for $29K Monthly Rent
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An upscale Vietnamese coffee establishment has assumed control of a prominent retail location on Han Thuyen Street in Ho Chi Minh City’s District 1, approximately eight months following the closure of Starbucks’ premium outlet at the same site. Cherished – Global Coffee is currently renting the three-story structure for 700 million Vietnamese dong monthly,…
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Aeon Targets 100 Mega Stores in Vietnam by 2030 as Japan’s Largest Retailer Expands Globally
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Japan’s biggest retailer, Aeon, aims to expand its chain of large supermarkets and general merchandise outlets in Vietnam to reach 100 sites by 2030, marking an eightfold growth from current numbers. The firm additionally plans to establish more “mega-hypermarkets” that integrate grocery items with various general merchandise offerings like food courts and cosmetic sections.…
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Nationwide Pharmacy Chain Set to Close All Stores in Weeks
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EXPLORE FURTHER: Caution advised when purchasing medications from internet drugstores following a fatality It is anticipated that Rite Aid will close several hundred stores within a few weeks following its second bankruptcy filing in under two years. In 2023, it managed approximately 2,000 pharmacies, yet currently, it operates just 1,240 outlets nationwide following recent…