APAC Retail
Local shops succeed amidst lesser consumer spending
Essentials' sellers leverage community ties, flexible leases for success.
2 days ago
Local shops succeed amidst lesser consumer spending
Essentials' sellers leverage community ties, flexible leases for success.
2 days ago
What luxury retailers should focus on to attract consumers
Around 36% of Chinese consumers said product quality/durability is the most important.
Woolworths CEO to retire in September
Brad Banducci will be succeeded by Amanda Bardwell.
ASEAN consumer activity to moderate in 2024: report
The region, however, will remain the fastest-expanding market globally.
Toys ‘R’ Us ANZ to exit UK, focus on Australia
The UK business expansion is not within the company’s reach.
Around 2 in 5 APAC consumers always use social media for inspiration, purchases
Consumers from China and Thailand lead the regular social media use for transactions.
Kusto Group to expand Wendy’s to Central Asia
It also plans to launch an AI-based drive-thru in Kazakhstan.
Miu Miu is hottest fashion brand in 2023
The report released by The Lyst Index names the top fashion brands and products.
Why APAC consumers make impulse purchases
Sales or deals, and “mood-boosting” items compel consumers to buy.
Around 3 in 5 APAC consumers prefer shopping online
Free delivery, and coupons and discounts were amongst the top purchase drivers.
Marimekko expands to Vietnam, Malaysia
It signed a franchise deal with Jaspal Group for its growth in Asia.
Thailand’s Lotus launches employee-free smart store
The store uses artificial intelligence to enable customers to shop.
Around 9 in 10 APAC marketers obtains zero-party data
The majority of marketers also use first-party data to expand their customer base.
South Korea retail sales up 7.9% in February
The operating days during the Seollal holidays helped boost sales.
Online shoppers in India to grow up to 450 million by 2027
Currently, there are 200 million to 230 million.
Wider economic recovery to drive India’s consumer spending growth
Consumer spending is expected to grow by 7.1% year-on-year in 2023.
Metro Retail reverses net loss in first nine months
Its net income amounted to P400m.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. 6 in 10 Gen Zs prioritise user experience and trustworthy reviews 2. Here are key consumer trends influencing pet care sales in 2024 3. South Korea’s Paris Baguette opens first Philippine store 4. Millennials and Gen Zs drive surge in demand for RTD iced coffee 5. What drives Australia's retail transformationAwards
Jun
11