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New metrics provide measurements to understand customer path to purchase, ensure inventory availability and enable associate empowerment.

Catching up with digital disruptors

Euromonitor International sums up key findings from this year’s Retail Asia-Pacific Top 500 rankings and provides an overview of the retail scene in 14 Asia-Pacific economies in 2016.

The growth of wearable technologies is set to revolutionise the way people connect through smart devices, which will also greatly impact the fashion industry. According to a study by Allied Market Research, the wearable technology market was valued at US$19.6 billion in 2015, growing at a CAGR of 16.2% to reach US$57.7 billion by 2022. The forecast highlights the sector’s potential to boost the overall fashion industry.

A Silicon Valley start-up, AVOCADO, has introduced a new way for Americans to shop for groceries and other household items.

Online retail giant Amazon’s third annual Prime Day will be held on 11 July, and for the first time China and India are joining the list of countries where Amazon Prime members can enjoy 30 hours of deal shopping.

NYCU Media successfully presented the second edition of Retail Revolution seminar on 30 June at the Four Points by Sheraton in Singapore, which focused on the theme of Retail Transformation – Delivering Value, Convenience, and Seamless Shopping.

Global luxury fashion online platform Farfetch recently announced a partnership with Condé Nast, a global media company, to connect Condé Nast's global editorial portfolio with Farfetch’s e-commerce, technology and logistics platform.

Majority of Singaporeans are comfortable with participating in the second-hand market in one way or another, according to the Heroes Don’t Wear Capes survey by mobile classifieds marketplace Carousell.

The inaugural Hong Kong Sports and Leisure Expo will be held from 21 to 25 July at the Hong Kong Convention and Exhibition Centre.

Estimated at over US$13 billion in 2017, South Korea is among the top 10 global beauty markets, according to a new Mintel research.

Online retail giant Amazon and American supermarket chain Whole Foods Market recently announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for US$42 per share in an all-cash transaction valued at approximately US$13.7 billion.

The development of platforms used for making payments, billing and managing other accounting functions, as well as handling customer refunds is picking up momentum.

Enterprise software company Infor recently announced the availability of a standard Infor ION integration between Infor M3 and GT Nexus Order Collaboration.

Seven System Viet Nam JSC (SSV), a master franchisee of 7-Eleven, Inc., has opened the first 7-Eleven store in Vietnam on June 15.

Italy, the land of food lovers and fine food culture, has much more to offer the world other than pasta, spaghetti and gelato. In a country where taking your time to appreciate your food is a virtue, one can expect to discover and taste lovely cheeses, hams, wines and other refined products.