Indonesia

The concept focusses on customization and omnichannel capabilities.

It is launching in Indonesia, Malaysia, and Singapore in a tie-up with Intelligent Kitchens.

The 2,300 sqft store offers a range of products for men, women, and juniors.

2,500 SMEs were also trained on utilizing e-commerce platforms in 2020.

It will launch, via the Shopee platform, in Indonesia and Malaysia first, then to Taiwan in March.

The clothing sector recorded the sharpest fall at 58.1%.

Revenue and profitability of large-format retailers is expected to deteriorate.

Improvements were observed in purchases of food, beverages, and tobacco.

It offers features such as two-year product warranty and same-day deliveries for best sellers.

Clothing and cultural & recreational goods recorded the steepest declines.

The e-commerce firm has previously held talks with US internet giants.

Retailers are urged to ensure that their inventories are well-stocked.

Indonesian snack F&B manufacturer GarudaFood recently continued to partner with Supply chain software provider JDA Software to create an agile and responsive supply chain.

      

The retail market in Indonesia to expected grow at a CAGR of 14.99% from 2017 to 2021, according to a new report by international market research company Research and Markets.

Indonesia’s e-commerce players will increase adoption and reliance on retargeting to improve customer engagement and conversion rates, strengthen branding and enhance return on investment (ROI) on their marketing spends, said RTB House.