Stores

Consumers give more weight to emotional benefits in purchases: report

Businesses should provide alternative payment methods to capture these consumers.

Nearly 60% prefer humans over robots for customer service

Only 19% were comfortable talking to an automated bot.

Return of Chinese tourists a boon for Singapore's luxury retailers: report

Chinese travellers have played a considerable role in the luxury end of the city’s retail market.

Food, healthcare products are top gift choices for New Year: report

Shopping cash coupons are also among the top choices.

Businesses should cater to consumers who seek work-life balance

Around 53% of consumers put a strict boundary between work or school and personal life.

Around 2 in 5 consumers expect in-person everyday activities: report

Brands should improve their operations to attract these customers.

Three in four shoppers tighten budgets amidst higher prices

Consumers will likely switch to e-commerce for better and cheaper deals.

Over 40% of consumers are not willing to pay extra for green products

This challenges retailers to close the prices of sustainable products to conventional brands.

Robinsons Retail completes BPI buy-in deal

The company purchased 200 million shares of the bank. 

LVMH appoints new Louis Vuitton, Christian Dior Couture CEOs

Their appointment will be effective on 1 February.

Carlyle buys majority take in India-based skincare, beauty firm

It will support the business growth and brand building of VLCC.

Reliance Retail Ventures unit acquires 50% stake in beverage firm

The remaining stake in SHBPL will still be owned by the Hajoori Family.

Market Kurly operator postpones planned IPO

The company plans to push through with public listing ‘at an optimal moment.’