News
Toys”R”Us Asia names new CEO
The appointment of Leo Tsoi took effect on 1 April.
Levi’s launches largest store in Asia
The store is located in Bangalore in India.
Central Retail opens first 24-hour supermarket
It will also come with a Personal Shopper service.
Hot drinks sector in Indonesia to grow nearly 8% through 2027
This is thanks to increased outdoor mobility and tourism rebound, GlobalData reported.
FMCG sector firms in Top 250 retailers post 4.7% YoY revenue growth
It accounted for 63.8% of the total revenue.
What will drive hot drinks sales growth in Vietnam?
The market is expected to grow 9.1% annually.
Alibaba splits into 6 business units
Except for Taobao Tmall, the other business can raise outside capital and pursue IPO.
South Korea retail sales up 7.9% in February
The operating days during the Seollal holidays helped boost sales.
Thai restaurant tops Asia’s 50 Best Restaurant
A total of nine restaurants from Bangkok made it to the list.
Retail sales in Australia remain flat in February
It rose by 0.2% in February, following a 1.8% growth in the previous month.
Hot drinks sales growth in China hinges on reopening
The market is expected to expand to $53.9b by 2027, GlobalData reported.
Why retailers integrate technology in their operations
This includes virtual and augmented reality, and data analytics, amongst others.
H&M outperforms over 40 fashion brands in emissions reductions
The company scored a B- in Stand.earth’s 2023 Fossil Free Fashion scorecard.
Over two-thirds of largest fashion firms score low in sustainability
Only H&M scored high in the Fossil Free Fashion scorecard.
Around 1 in 2 working women in India consumes VMS: Mintel
Bone and digestive health, and immunity are the top three benefits they want from VMS.
Where do consumers spend the majority of their budget?
Nearly half of the consumers shop the omnichannel.
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. Malaysian retailers told to prioritise technology, consumer-centric approaches 4. Amazon Australia launches ‘Amazon Beauty Finds’ storefront 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