News
Seven & i net income posts over 27% growth in H1
Seven & i net income posts over 27% growth in H1
Its net income attributable to owners amounted to JPY136b ($934.8b).
FairPrice, A*STAR rolls out “BINgo” smart bins
This is to help promote recycling amongst Singaporeans.
Fei Siong Group inks deal to operate Popeyes restaurants in SG
It signed an agreement with a subsidiary of Restaurant Brands International.
Retail Asia Awards opens nominations for outstanding retailers
Deadline of submission is on 24 March 2023.
France’s Lemaire launches e-commerce channel on Alibaba's platform
Its product offerings include its Fall/Winter 2022 collection.
Robotic process automation gains traction amongst retailers
Discussions amongst retailers grew 52% in 2022.
Shein plans to reduce GHG emissions by 25% by 2030
These include shifting to renewable energy and increasing energy efficiency.
Australia’s trade surplus narrows in August
Its surplus stood at $8.32b, the ABS reported.
China’s wine market to grow 11.5% between 2021-2026: report
This comes as its economy rebounds.
Shopee strengthens fight against counterfeit pharmaceutical products
It has partnered with the Pharmaceutical Security Institute to educate both sellers and shoppers.
Australia’s retail sales inch up in August
Retail sales rose 0.6% during the month.
Weekly News Wrap: Slow reopening puts off Hong Kong’s retail recovery; JD founder settles U.S. rape civil suit
And Reliance launches its first in-house premium fashion store.
Retailers raise ICT budget in 2022: GlobalData
Over 80% increased investment amidst digital tech trends in improving supply chain and customer experience.
Australia’s wine market to grow by 4.6% between 2021-2026: report
This comes as more consumers resume social drinking.
Rakuten eyes carbon neutrality by 2023
It is amongst the companies that joined the RE100 initiative.
Isetan Mitsukoshi posts over 145% sales growth in Tokyo stores
It also saw a 133% increase in its domestic department stores.
Nike’s net income stumbles 22% in Q1 2023
Its net income stood at $1.46b in the three months ending in August 2022.
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1. Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries 2. Indonesia e-commerce market to hit $46.6b by 2025 3. Malaysian retailers told to prioritise technology, consumer-centric approaches 4. Unlock the power of AI in solving supply chain challenges with RELEX Solutions 5. Amazon Australia launches ‘Amazon Beauty Finds’ storefrontResource Center
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Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media