Staff Reporter

Inflation offers an ‘excellent opportunity’ to reset promotional strategies: KPMG

Retailers can turn the current economic challenges into an opportunity to refocus their communications with customers, KPMG’s Anson Bailey says.

Colgate taps foodpanda to expand customer reach

The three-year partnership spans 11 APAC markets.

Seven & i to close 14 Ito-Yokado stores

It aims to focus its core strategy on food.

RSM Partner David Eu advises retailers to create desired shopping environments using tech

Eu said retailers and F&B operators can tailor their environment to the consumers’  expectations.

These are the top social media platforms used by APAC marketers

Around 60% of marketers view social media as more important for their organisations.

Over 70% of consumers at risk of falling victim to digital fraud

This includes emails that offer free gifts and exclusive deals. 

Addressing supply chain pain points will form a new source of competitiveness, says PwC leader

Michael Cheng observed that localisation, digitisation, and the circular economy would become major themes for supply chain innovation. 

Most shoppers want to see products in-store before ordering online

61% of consumers in the Asia Pacific agreed to this, higher compared to Europe and the Americas. 

Malaysian retailers urge government to withdraw luxury tax proposal

This could deter both foreign and local consumers from shopping in the country

Indians favour local over imported brands: Mintel

The support for local brands was driven by economic uncertainty and the climate crisis.

Philippine-based hard discount store DALI bags $15m ADB investment

DALI is the first hard discount retail firm in the Philippines. 

Central Retail’s expansion hinges on tourism-driven growth

Central Retail announced plans to invest US$826.6m in 2023.