Stores
Starbucks introduces 'reinvention' strategy
Starbucks introduces 'reinvention' strategy
With a significant growth this year, 2024 earnings is projected to grow by 15% to 20%
Consumers search for value to define Singles’ Day 2023: report
Around 62% of respondents will spend $410 for the biggest shopping event in China.
Dufry signs as master concessionaire at Wuhan Tianhe Airport
The Swiss-based retailer has recently merged with global catering leader Autogrill.
Central Food’s GO Wholesale opens in Srinakarin
The branch will include 20,000 items, including cooking ingredients, and fresh and dry foods.
Lotte Duty Free unveils 'first-in-airport retail experience' in Changi
It features a liquor-tasting tour, immersive LED art, and a tribute to poet Li Bai.
Thailand’s food business to repurpose excess food products into pet treats
Tops, which is under Central Retail, does this by partnering with a startup.
How retailers can satisfy customers and ensure a high Net Promoter Score
Bain’s Net Promoter Score measures the likelihood a consumer will recommend a business and company growth.
How APAC retailers can prepare for high foot traffic during the holidays
Seasonal hiring, labour optimisation, and inventory management are huge factors for a retailer’s success during loaded shopping periods.
Value over money matters for consumers: Mintel
Consumers are willing to increase spending for more quality products
Taiwan’s PopChill acquires US$1.9m investment for Hong Kong expansion
The luxury platform sustains a 10% growth every month, with volume surpassing $1m.
Thailand’s Tanachira Retail debuts on Thai stock exchange
Its net profit reached US$1.95m in H1 2023, up 88.14% from last year.
Southeast Asia, India are ‘next gold rush’ for luxury beauty brands
The luxury beauty markets in the markets will reach $7.6b by 2026.
Travel retail recovery possible despite 29% average spend drop in 2022
Passenger volumes saw a marginal improvement by 75% of 2019 levels.
Relationship Renaissance: Consumers want new intimacy forms
Brands can help consumers in finding points for connection.
Brands need to do more than reduce their carbon footprint
They should communicate their initiatives to consumers in a way that will resonate with them.
Optimised personal experience for every demographic emboldens SEA market: report
Around 73% of business leaders see the potential of personalised tech like AI shaping consumers.
Kusto Group to expand Wendy’s to Central Asia
It also plans to launch an AI-based drive-thru in Kazakhstan.
Commentary
Digital giants to retailers: The playbook for scaling ad revenue with onsite retail media