In Focus
Supermarkets lead growth in Vietnam’s evolving retail scene
Supermarkets lead growth in Vietnam’s evolving retail scene
One-stop shopping experience poses challenges for the prevailing majority of mom-and-pop shops.
AI-powered personalisation paints the future of retail
Businesses use AI to gain deeper insights into consumer needs and preferences for more customised omnichannel offerings.
6 in 10 Gen Zs prioritise user experience and trustworthy reviews
Over 75% rely on reviews and customer service when shopping.
Gamification boosts retailer loyalty programmes
About 22% of digital consumers engage in loyalty programmes for exclusive experiences.
Chinese consumers prioritise entertainment and relaxation in retail choices: report
The nation’s retail sector witnessed a robust recovery in tourism, film attendance, and the performing arts in 2023.
J-beauty firms target Indian market as natural ingredients remain popular
The demand for natural and organic products in India led J-beauty manufacturers to introduce new formulations for discerning consumers.
OWNDAYS Singapore softens tax hike impact on consumers
GM says they cut SG$20 (US$14.95) in over 200 designs and retained the prices across the rest of the products.
Established brands in APAC remain resilient amidst emerging competition: report
Incumbent brands remained steady at 28% and won in 27% of the categories against insurgent brands.
India tops 2023 Global Retail Development Index
Saudi Arabia, China, Kazakhstan, Malaysia, and Indonesia also made it to the Top 10.
Omnichannels account for nearly half of $15b Australian online sales
Social media, AI, low costs and out-of-home returns push consumers towards omnichannels.
Rise of minimarts compels large-format stores to rethink growth strategy
Their focus should shift towards customer density instead of store scale.
Foodservice is the next hot ticket for luxury maisons in Asia
Over 30% of young respondents are seeking new experiences outside of brands.
Three sub-sectors to drive HK's retail growth in 2024
PwC Hong Kong anticipates a 5% increase in retail sales.
AEON Mall Indonesia lords over the shopping experience in suburban areas
The fifth AEON mall opening in Deltamas City in March 2024 will be the largest in Southeast Asia.
China’s luxury market up 12% YoY in 2023
However, it has not yet fully recovered to 2021 levels.
MST Golf redefines the golf retail landscape in Indonesia
ERAL executive believes partnership will drive golfing lifestyle across Asia.
Nearly half of Indian consumers want multifunctional benefits in food, drinks
They seek products that will boost their energy and immunity, amongst other benefits.
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The Trade industry is beefing up its workforce to better handle complaints.
