Malina Ngai Man-lin, chief operating officer at A.S. Watsons, at the launch of the retailer’s MoneyBack APP on Tuesday. Photo: Xiaomei Chen

Retail giant A.S.Watson promises to stick with stores, and spend US$160m on tech and logistics to keep pace with changing mobile world

Chief operating officer says group will open 1,400 new stores globally this year, 500 in China, and a substantial portion of the rest in merging markets in Eastern Europe, Russia, Turkey and Ukraine

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Malina Ngai Man-lin, chief operating officer at A.S. Watsons, at the launch of the retailer’s MoneyBack APP on Tuesday. Photo: Xiaomei Chen
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