Stores

More brands to pierce through the Metaverse madness in 2022: report

This comes as brands explore avenues of digital personalisation.

Cybersecurity revenues from consumer goods sector to reach $6.5b by 2025

This is due to the rise in digitalisation in their operations.

Reliance Brands enters F&B retail with Pret A Manger partnership

It will open the global food chain’s stores across India.

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.