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Retail Asia to kick off Retail Asia Virtual Conference 2020 on 8 October
Retail Asia to kick off Retail Asia Virtual Conference 2020 on 8 October
Hear updates about the retail sector from senior executives, consulting firms, and regulators in the region.
Renewed lockdowns widens divergence in Indonesian grocery retailers
Revenue and profitability of large-format retailers is expected to deteriorate.
Singapore's hoolah launches physical retail store solution
This is said to to help accelerate the recovery and growth for physical retail stores.
Weekly News Wrap: Holiday spending hinges on the rich; Polish e-commerce Allegro plans $266m IPO
And H&M reports stronger-than-expected profits.
South Korea's private consumption to recover ‘slower-than-expected': central bank
The resurgence of COVID-19 cases could crimp recovery for a considerable amount of time.
Weekly News Wrap: Silver Lake to invest $1b in Indian retail firm; Restos unveil new store designs inspired from the pandemic
And some retailers still plan to open more stores in 2020.
Indonesia's retail sales fall 12.3% in July
Improvements were observed in purchases of food, beverages, and tobacco.
GoSpree platform ready to take off on 9.9
eGSS participants start promoting deals at their eCommerce stores.
UNIQLO to open its largest retail store in Macau
The store will feature the first UTme! machine.
Hong Kong retail sales shrink 23.1% to $26.5m in July
The retail business environment will remain very difficult in the near term, says a government spokesperson.
Weekly News Wrap: American department stores in their ‘last' stages; US convenience stores pivot to e-selling
And women’s retailer J. Jill has days to avoid bankruptcy. From CNBC:
Clarins opens new Singapore boutique
The kiosk offers a full range of products.
Weekly News Wrap: China offers glimpse to post-pandemic retailing; Eviction looms for Hong Kong's stores
And gold rally boosts Malaysia’s jeweler stocks.
UNIQLO launches mask brand in Singapore
It employs a triple-layer structure, and is machine washable.
Changi Airport launches deals on online shopping platform
Flash vouchers of up to $118 can be redeemed every Monday.
Ecommerce giant Lazada reinvents online shopping through LazLive
LazLive is its in-app live streaming feature which allows users to interact in real time.
Alibaba's income doubled to $6.74b in Q2
Its China retail and cloud computing businesses boosted revenue growth.
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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. Tim Hortons launches packaged coffee in South Korea 4. Malaysian retailers told to prioritise technology, consumer-centric approaches 5. Unlock the power of AI in solving supply chain challenges with RELEX SolutionsResource Center
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