Stores
Shein plans to reduce GHG emissions by 25% by 2030
Shein plans to reduce GHG emissions by 25% by 2030
These include shifting to renewable energy and increasing energy efficiency.
China’s wine market to grow 11.5% between 2021-2026: report
This comes as its economy rebounds.
Australia’s retail sales inch up in August
Retail sales rose 0.6% during the month.
Weekly News Wrap: Slow reopening puts off Hong Kong’s retail recovery; JD founder settles U.S. rape civil suit
And Reliance launches its first in-house premium fashion store.
Hong Kong set to regain global luxury shopping centre status: report
The city has eased restrictions for international tourists.
Retailers raise ICT budget in 2022: GlobalData
Over 80% increased investment amidst digital tech trends in improving supply chain and customer experience.
Isetan Mitsukoshi posts over 145% sales growth in Tokyo stores
It also saw a 133% increase in its domestic department stores.
Consumer spending in Indonesia to see ‘strong growth’ in 2022
But it will slip slight in 2023.
‘Stunted’ disposable income growth to drag HK, China consumer spending
Disposable income in the market is expected to average 3.3% in 2022.
Self-service: Who is it for?
The younger generation is seen to be more comfortable using self-service technology.
Malaysia’s foodservice profit to see nearly 9% growth through 2026
It is expected to reach $23.5b in 2026.
Central Retail’s membership store Tops CLUB opens door
It offers imported products from exclusive brands across the globe.
Online shopping to ‘completely’ change brick-and-mortar shopping by 2030: report
Flagship stores will likely serve more like ‘car showrooms.’
Central Retail launches Tops Vita
It is considered Thailand’s first O2O vitamins retail.
Offline shopping plays key role at purchase stage: report
Around 41% of the spending was done offline.
Weekly News Wrap: China pledges growth support on spending; Amazon India to waive 50% fee for new sellers
And Reliance seeks acquisitions amid plans to expand to consumer business.
Lower consumer confidence hits South Korea's retail sector
The country’s retail sales dropped for the first time since December 2020.
Commentary
APAC retailers need to rethink where fraud prevention begins
How Singapore consumer brands can build strong supply chains amidst rising input costs
The CX illusion: Why retail’s digital investment isn’t delivering
The future of agentic commerce in APAC: Why identity will anchor hybrid experiences