Stores
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.
Weekly News Wrap: Shanghai’s fashion stores struggle to clear stock; JD exec says China’s regulation getting more ‘rational’
And India’s Zomato set to buy grocery delivery startup Blinkit for $568m.
Shopee owner Sea Ltd is top retailer in Southeast Asia: Euromonitor
Its sales reached $16.06b in 2021.
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.
Alibaba Group retains post as Asia’s top retailer in 2021
Its sales last year reached $478.9b.
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.
Most Read
1. Shopee allocates $38.46m to SME programmes for 2026 2. Lazada launches tiered membership programme in six Southeast Asian markets 3. China’s FMCG market logs 1.3% growth in Q3 on more O2O purchases 4. IKEA opens first New Zealand store at Sylvia Park 5. Singapore shoppers start year-end buying earlierResource Center
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The Filipino snack brand transformed bacon into both a culinary canvas and a consumer favourite.
