Staff Reporter
JD’s Lunar New Year sale features sustainability initiatives
JD’s Lunar New Year sale features sustainability initiatives
It also features more energy-saving products.
Weekly News Wrap: Duty-free stores boost China’s consumer spend; 7-Eleven to face investor calls for a split
And Shein is reviving plans for a New York listing.
Weekly News Wrap: India’s quick commerce boom raises road safety concerns; Hong Kong fund divests Burger King businesses
And Starbucks expands delivery services in China via a Meituan tie-up.
Consumers’ financial insecurity hit APAC’s retail sector
Nearly nine in 10 consumers went through phases of financial insecurity in Q4 2021.
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What to Expect in the Retail Revival?
As Singapore tentatively eases COVID-19 restrictions, the Lunar New Year tunes and décor may signal a returning to life for in-store retail. This should be exciting news for many brick-and-mortar retailers and consumers who have been deprived of in-store shopping experience. In a recent Sensormatic Solutions study, almost one third (30%) of Singapore consumers said they missed shopping in physical stores.
Infrastructure-as-a-service: the unsung hero of annual festive sales
As we kick off 2022, e-commerce continues to gain momentum with retailers refining their strategies and upgrading their capabilities to address the ever-evolving landscape. Chinese New Year is right around the corner and other shopping events will instigate fierce rivalry as online and in-store retailers compete to out-perform one another by providing consumers better discounts, more personalised deals, and various payment methods and fulfilment options.
Shake Shack to open 10 Malaysian stores by 2031
The burger stand operator is present in five Asian markets.
Coupang raises service charge to cut losses
But an analyst fears that this will fall short of reaching profitability.
JD’s Seven Fresh to open 12 stores in Southern China by end-2022
The company seeks to expand its Greater Bay Area operations, currently with eight stores.
Reliance invests $200m in quick commerce player Dunzo
The delivery company is seeking to expand its operations to 15 Indian cities.
Weekly News Wrap: Delhi court halts Future-Amazon arbitration; 7-Eleven China fined over calling Taiwan a nation
And Walmart clarified they did not deliberately remove Xinjiang products on its app.
Asian food aggregators beef up e-grocery operations
Delivery companies seized the opportunity opened by a rise in online shopping.
Brazil-based meat supplier marks retail foray into China via JD
JBS will offer a wide selection of beef products from several countries.
Alibaba ties up with Belgian government to promote Belgian exports
The company will provide assistance to Belgian SMEs on its platform.
Ten brands offer online after-sales service on Tmall Luxury Pavilion
Joining the service are Gucci, Van Cleef & Arpels, and Burberry.
Commentary
Traceable, regenerative, profitable: The new rules of food retail in Asia
Packaging the future: Why Asia’s F&B sector must treat sustainability as strategy