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Most active shopping centre development takes place in China
Global shopping centre development continues apace with 39 million sq m under construction, slightly ahead of the pipeline of new space (36 million sq m) in 2013, says global property advisor CBRE.
Most active shopping centre development takes place in China
Global shopping centre development continues apace with 39 million sq m under construction, slightly ahead of the pipeline of new space (36 million sq m) in 2013, says global property advisor CBRE.
Brick-and-mortar is the foundation of omnichannel retailing, says study
For all the talk about digital retailing, physical stores continue to be consumers’ preferred shopping channel and a place where the most significant consumer and retailer value is created.
Change-ready Leadership
Change permeates all industries. It ushers the entry of new players as well as the exit of others. Retailers’ years of establishment, expertise and leading position do not guarantee success anymore. Instead, retailers who actively seek and act on change are the new winners in a business environment where the fast and reliable replace the slow and steady.
Thinking beyond the shelf
Stores seeking new ways to engage customers and build relationships have taken to innovative ways to engage the senses and even adopted the role of curating experiences. Richard Seah finds out more.
Sharing brand values with store design
It was expected to fail miserably but Apple Stores have grown to become one of the world’s most successful retail concepts, making more money in sales per square foot – US$4,551 according to eMarketer – than any other US-based retailer.
Mobile app lets grocery shoppers give feedback on new products while they shop
A new mobile app has been launched to enable CPG companies to get instant feedback on new product concepts from target consumers while they are grocery shopping. uSamp, the developer of the Instant.ly mobile app, said this will slash the time and money spent on testing new product ideas.
Hershey increases prices to counter input cost rise
The Hershey Company, the No. 1 candy producer in the United States, has announced price increases for its chocolate and candies in response to rising input costs of its key ingredients.
Paid search pays off for e-retailers
Online retailers continue to spend the most money on paid search because they find it is the most effective way to acquire new customers, according to a Forrester Research and Shop.org report.
Amazon reports quarter loss despite good sales
Internet retail titan Amazon has reported a money losing quarter despite impressive growth in sales.
Manhattan Associates optimises supply chains of Clarins and Sephora
Supply Chain commerce solutions provider Manhattan Associates, Inc. announced that SDV, the global leader in supply chain management services, has successfully deployed Manhattan Associates’ Warehouse Management solution (WMS) to orchestrate the regional supply chain operations of Clarins and Sephora in South East Asia.
Retail CEOs not making required supply chain transformation
In a global survey, half of the world’s CEOs recognise that their supply chain can be a strategic differentiator, but the majority of them believe their retail supply chains are not optimal. JDA Software warns that supply chain has become a mission-critical issue that retail CEOs need to look into.
AEB launches ASSIST4 monitoring solution
AEB Asia Pacific has announced a new version of its ASSIST4 Monitoring & Alerting solution. The latest version offers unparalleled business flexibility and superior performance for businesses through its new messaging framework and enhanced tracking features.
Revionics extends Markdown Optimisation solution
Revionics Inc., which delivers solutions for omnichannel merchandising strategies, has announced the latest release of its Markdown Optimisation solution. This provides new capabilities that enable retailers carrying short life-cycle products – such as fashion products – to localise and prioritise decisions at speed and scale for increased profitability.
Mark Gray: Driving e-commerce in a borderless realm
Almost every aspect of retail today is far removed from what it was twenty, ten or even five years ago. Yet at the heart of it, so much remains the same. To paint a picture: previously if you were expanding into another city or country, you would do your research, understand your customer in that market and open a concept store to build your brand awareness in a way that resonated locally.
Socially responsible products represent major growth opportunity
“Responsible consumption” (RC) products now account for at least 15% of all grocery sales — or a US$400 billion global market, according to a report by Boston Consulting Group (BCG). Three-quarters of consumers in the most developed countries say they buy RC products at least occasionally. In the otherwise stagnant grocery sector, two-thirds of total growth in recent years has come from RC products, the report said.
Walmart caters to mobile shoppers
Diving deeper into mobile apps, WalmartLabs – which is Walmart Stores’ innovation lab – has acquired Stylr, a mobile app that allows shoppers to find clothes in nearby stores.
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1. Malaysian retail sector sees 173% surge in hiring activity 2. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 3. South Korea's e-commerce market hits $115.1b in 2023 4. Rakuten and Thailand join hands to showcase Thai products 5. How TikTok drives consumer behavior through ‘shoppertainment’Resource Center
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1. Malaysian retail sector sees 173% surge in hiring activity 2. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 3. South Korea's e-commerce market hits $115.1b in 2023 4. Rakuten and Thailand join hands to showcase Thai products 5. How TikTok drives consumer behavior through ‘shoppertainment’Awards
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