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Singapore retail sales up 2.7% YoY in March
Singapore retail sales up 2.7% YoY in March
The estimated total retail sales value amounted to $3.1b.
Companies embrace consumer-centric strategies for future growth
Business growth plans now rely heavily on consumers and the offerings provided by the company.
Hong Kong retail sales down 7% in March
It was attributed to factors such as a high base of comparison for visitor spending and the timing of the Easter holidays.
Young Asians lead digital marketplace with savvy buying
Filipino youth top global social media usage.
Plant-based dairy demand surges in Malaysia
It is mainly driven by dietary restrictions, vegan or vegetarian lifestyles, and health concerns.
SM advances climate action with nature-based solutions
It developed a Sustainability Management System focused on the two key policies of Climate Action and Resource Management.
Beam Suntory rebrands as Suntory Global Spirits
This marks Suntory Holdings' 10 years of thriving spirits business growth since acquiring Beam Inc. in 2014.
How emotional marketing can bolster brand value amidst consumer trust
Brands face challenges as consumers redefine value in a tech-centric landscape.
India's urban e-commerce thriving amidst economic challenges: report
Pandemic-induced restrictions accelerated the adoption of e-commerce.
Metro Retail expands presence in Visayas with four new supermarkets
It currently operates 64 stores across the Philippines, with 42 branches in the Visayas.
Australia leads alcoholic ready-to-drink innovation
It accounted for 40% of all new brand launches and sub-brand introductions in the alcohol RTD sector in 2023.
Rakuten Ichiba launches Rakuten AI University to boost merchant efficiency
The RMS AI Assistant (Beta) offers features such as automated product descriptions, image processing, and text generation.
Ingka Group implements further price reductions to boost affordability
The company has already slashed prices twice, resulting in increased sales volumes.
85% of A2000 retailers in Asia-Pacific to invest in GenAI by 2027
Half of A2000 retailers are projected to implement AI-enabled contextualised recommendations by 2028.
1 in 3 brands launched in 2022 discontinued by 2023: report
Analysts said there is less than 60% chance for new products to survive in the market in the long term.
Birkenstock opens first flagship store in India
The newly-opened store combines Birkenstock's focus on function, quality, and tradition with India's cultural richness.
JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’
The move aims to expand and enhance trade-in services across China.
Most Read
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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Key strategies include embracing sustainability and exploring international markets.
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Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media