News
Central Retail net profit up by over 2,600% in 2022
Its net profit amounted to THB7.605b (US$220m).
Philippines’ F&B firm Universal Robina posts 12% net income growth
Net income from continuing operations stood at P14.5b (US$263m).
Tim Hortons, Marubeni partner to tap Southeast Asia’s growing coffee culture
It plans to launch its cafes across Singapore, Malaysia, and Indonesia.
Women expect ‘lifestyle-centric’ menstrual products
This pushes brands to highlight comfort and health in menstrual care.
DFI Retail Group disposes food businesses in Malaysia
The company wants to focus on expanding its health and beauty business.
Amazon India integrates logistics network with ONDC
The cooperation aims to expand support to sellers.
Weekly News Wrap: Alibaba cut 19,000 employees last year; Woolworths attributes in-home dining boom to inflation
And US-based retailer Foot Locker is in talks with Metro Brands for India entry.
Online sales drive South Korea’s 4% retail growth in January
The country’s offline sales dipped by 0.5%.
Australia’s retail sales rebound by 1.9% in January
This followed a 4% decline in December.
How enhanced customisation pushed brands' sales growth
Starbucks and Samsung used the strategy to increase sales.
E-commerce leverage in-app games to drive consumer spending
Three in 10 people visited e-commerce platforms even if they had nothing to buy.
Alibaba group net income soars over 130% in December quarter
This is despite softer demand as well as supply chain and logistics disruptions.
South Korean restaurants feel the pinch of surging delivery costs
Higher demand for food delivery workers has ramped up the cost of labour in the industry.
Tmall launches perfume advising services
Nearly 200 customers tried out the service on its launch.
Weekly News Wrap: High inflation a boon for Aussie supermarkets; PDD splashes on Super Bowl ad for US site
And Uniqlo ramps up marketing campaigns in the US.
What millennials and Gen Zs spend on most
ZALORA finds younger consumers are becoming more interested in sports-related products.
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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 2024Resource Center
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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
Jun
11