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JFC posts 26.4% net income growth in 2022
The Philippine-based food chain also recorded a sales growth of 40.2%.
JFC posts 26.4% net income growth in 2022
The Philippine-based food chain also recorded a sales growth of 40.2%.
Baby food sales in Taiwan to grow despite birth rate decline
GlobalData projected it to expand between 3-4% annually.
LEGO Group expands manufacturing in Vietnam
It will also open a factory in the US state of Virginia.
Australian retailer Coles eyes Thailand’s health food and drinks market
Coles recently signed an agreement with Central Food Retail.
Colgate taps foodpanda to expand customer reach
The three-year partnership spans 11 APAC markets.
Giordano attributable net profit up 41.1% YoY in 2022
Its revenue rose 12.4% YoY to $481.1m
Seven & i to close 14 Ito-Yokado stores
It aims to focus its core strategy on food.
These are the top social media platforms used by APAC marketers
Around 60% of marketers view social media as more important for their organisations.
Kave Home enters SEA with Singapore flagship store
The store is located in Raffles City.
Over 70% of consumers at risk of falling victim to digital fraud
This includes emails that offer free gifts and exclusive deals.
Most shoppers want to see products in-store before ordering online
61% of consumers in the Asia Pacific agreed to this, higher compared to Europe and the Americas.
Malaysian retailers urge government to withdraw luxury tax proposal
This could deter both foreign and local consumers from shopping in the country
Indians favour local over imported brands: Mintel
The support for local brands was driven by economic uncertainty and the climate crisis.
More than 70% of retailers plan to expand in 2023: CBRE
Around 15% plan to right-size.
Philippine-based hard discount store DALI bags $15m ADB investment
DALI is the first hard discount retail firm in the Philippines.
Central Retail’s expansion hinges on tourism-driven growth
Central Retail announced plans to invest US$826.6m in 2023.
Calbee’s expansion seeks to counter declining savory snack market in Japan: Analyst
Calbee plans to expand in China and North America.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. foodpanda launches house brand ‘bright’ 2. ZALORA ramps up sustainability amidst rising demand for eco-products 3. Alternative payments dominate Hong Kong's e-commerce in 2023 4. AI-powered personalisation paints the future of retail 5. Malaysia's e-commerce market to grow by 12.8% in 2024Awards
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11