Stores

Plastic straw ban may disrupt soft drink industry in short-term

This will particularly hit sales of small packs of soft drinks.

UNIQLO Singapore switches fully to EVs for last-mile deliveries

Its same-day Click and Collect Service will be available at 27 stores starting 1 July. 

7-Eleven, Tiger Beer launches beachfront store in Singapore

The store’s offerings range from liquor to hot meals.

South Korea’s retail sales up 10.1% YoY in May

Sales in department stores and convenience stores rose as social distancing is lifted.

Central Retail launches new payment option in CMG stores

Shoppers may opt to use BNPL across 22 brands. 

Retail sales in Asia’s department stores to climb by 2% annually until 2026

This will follow a “remarkable” rebound of 23% in 2021. 

Grocery sales to grow 4% in next 4 years: report

Retail sales in grocery grew 6% in 2021. 

Asia retail sales to grow 7% annually to 2026

This will be driven by strong digitalisation, and consumer confidence, amongst others.

China’s FMCG retailers must compete amidst growing digitization: Bain

Retailers must focus on categories that continue to have low online penetration.

Over half of brands want to improve experience in existing channels

The majority of customers also want to interact with brands in more than one channel.

Around 2 in 5 brands use first-party data to deliver personalised customer experiences

Businesses said first-party data has higher quality and provides better privacy.

Jollibee rebounds to P6.3b after 2020 loss 

Its 2021 operating income is nearly at the same level as 2019.

Around 3 in 5 consumers expect personalised shopping experience

However, only 40% trust brands to use their data responsibly and keep it safe.