Staff Reporter
China aims to speed up domestic store openings by 2025
China aims to speed up domestic store openings by 2025
The country is targeting a 5% retail sales growth by 2025.
McDonald’s launches Minions-themed products in India
This came as its restaurants offer special deals to vaccinated customers.
Dada Group customizes Intra-City Delivery service for merchants
It now offers long-distance delivery services for LBX Pharmacy.
Indonesia’s retail recovery hinges on vaccine rollout: report
Consumer confidence and retail sales remain below pre-pandemic levels.
Weekly News Wrap: Retail spending lags in parts of Asia; Bukalapak's $1.1b IPO covered on launch day
And the top shareholder of department store chain Myer kicks off board reshuffle talks.
Omnichannel retailers best placed to survive in India: report
High fixed spending and the lack of seasonal cash inflow are threatening retailers.
Retail Asia welcomes Aditya Utama at the ‘Customers take center stage’ virtual round table
SAP’s retail industry business architect led the discussion on the importance of customer experience in today’s retail platform.
Alfred Choy on online and physical stores: Balancing both is key to a retailer’s success
Despite digitisation efforts amongst retailers, SAP’s sales director believes that physical stores are still important for delivering an end-to-end customer experience.
Malaysia’s foodservice sector sees rising transactions
More consumers are looking to takeaway food.
Outlet digitalization fuels Philippines’ foodservice growth
Consumers will experiment with different dining options as economy recovers.
South Korea’s retailers brace for summer heat
Some have upgraded their cold-chain logistics system.
APAC hailed as largest F&B stores market in 2020
Globally, the market is expected to benefit from a steady economic growth.
Shinsegae and Lotte backs out from Yogiyo takeover
This leaves private equity funds competing for the food delivery app.
E-Mart 24 mulls ramping up semi-unmanned stores
It currently has 150 hybrid stores across South Korea.
Weekly News Wrap: Japan’s vaccination efforts boost retail sector; Dingdong raises $95.69m in US IPO
And France probes Uniqlo over concealing Xinjiang involvement.
Japan’s retailers take hit from Olympics’ overseas spectator ban
The industry invested heavily in the buildup to the Olympics, expecting a sales boost.
What does ‘gold standard’ mean for Asia’s payments and e-commerce scene?
The market’s diverse challenges open the door for solutions that tackle country or region-specific issues.
Commentary
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