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Subscription services on the rise amongst South Korea's groceries
Subscription services on the rise amongst South Korea's groceries
The service has helped Emart 24 boost sales of its ice cup vouchers.
Koufu Group's profits plunged 82% to $1.85m in H1
Its outlet and mall management segment saw lower fixed and variable rental income.
Weekly News Wrap: SEA to see 310 million digital consumers by end-2020; China's July auto sales up 16.4%
And here are the recent shifts in India’s spending habits.
Rewards platform ShopBack launches in Vietnam
Users can earn up to 25% from merchants such as Lazada and Shopee.
Weaker sales haunt Singapore's retail sector in coming months
Tourist arrivals are unlikely to grow in the coming months.
Vietnam's retail sales rose 7% to $14.46b in July
It accounted for 79.2% of the total sales of goods and services.
Burberry launches social retail store in Shenzhen, China
It showcases an interactive window upon entrance.
Singapore retail sales down 27.8% in June
Department stores saw the largest drop in sales.
Hong Kong's restaurant receipts down 25.9% to $2.74b in Q2
The declines narrowed from Q1 as social distancing measures eased.
Weekly News Wrap: China's July auto sales to grow 14.9%; Filipino retailers reel from weak foot traffic
And Melbourne, Australia is shutting down most of its retail sector for six weeks.
Sa Sa adopts omni-channel sales system
It can provide a channel for its consultants to make extra commissions.
Consolidation underway amongst China's condiment brands
The top five players in the segment account for only 21% of the market share.
Japan's retail sales dipped 1.2% in June
Automobiles saw the sharpest drop in sales at 17.2%.
Hong Kong's retail sales slip 24.8% in June
The decline softened as the local epidemic abated during the month.
Sheng Siong's profits soared 98% to $54.41m in H1
The company saw elevated consumer demand in Q2.
Dairy Farm's profits dropped 35% to $115m in H1
Its health and beauty business suffered partly from lack of tourists in Hong Kong.
Influencers offer lucrative channel for China's FMCGs: report
Brands linked to comfort or cleanliness are best placed to benefit from Wanghong.
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1. Retailers shift to standalone stores as Vietnam CBD space tightens 2. Mumbai emerges as retail hotspot as int’l brands vie for prime locations 3. Hermès unveils city-inspired retail concept at Taipei SOGO Fuxing 4. Nestlé confirms sale of Blue Bottle Coffee to Centurium Capital 5. FairPrice Group to expand AI-powered retail innovations across stores by 2026Resource Center
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She mentioned that retailers should prioritise digital and customer experience capabilities as automation and omnichannel retail grow.
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