News

How can retailers deliver extraordinary customer experience amidst the pandemic?
28 Oct 20
AWS, UltraCommerce to share insights at the Success Factors for an Exceptional Online Customer Experience webinar.
Nontraditional tea products boost China's hot drinks sector
28 Oct 20
Hot tea category is projected to record a CAGR of 10.2%.
International brands to drive Indonesia's cosmetics industry to $7.6b in 2024
28 Oct 20
Growing urbanisation has encouraged consumers to focus more on looks and wellbeing.
India's cosmetics sector thrives on rising women workers
28 Oct 20
The popularity of western culture is also driving the popularity of foreign brands.
Delivery platform Meituan opens AI-powered shop in Beijing
28 Oct 20
The store's software utilises data such as time, weather, and traffic conditions.
MyNews to operate CU convenience stores in Malaysia
28 Oct 20
It is looking to open 500 stores in five years.
South Korea's retail sales up 8.5% in September
28 Oct 20
Chuseok holidays boosted growth for the month.
Coffee dominates Japan's hot drinks sector
28 Oct 20
Vending machines and café chains are bringing continued growth for coffee demand.
Weekly News Wrap: China's consumption recovery accelerates; Indian stores brace for festival shopping surge
28 Oct 20
And wool prices in Australia rose as processors prepared for bigger apparel demand.
Indonesia's retail sales decline eases to 9.2% in August
21 Oct 20
Sales of food, beverages, and tobacco climbed following growth in public activity.
EY flags Parkson Retail Asia's ability to operate
21 Oct 20
The group's total liabilities exceeded assets by $48.57m.
Philippines' e-commerce surge highest in SEA
21 Oct 20
Total sessions in its shopping apps reached 4.9 billion.
India's hot drinks sector gets caffeine boost
21 Oct 20
Coffee gains popularity in urban centers amidst a rise in café culture.
IKEA's SEA stores sales down 7.4% to $711.13m in FY 2020
21 Oct 20
Business closures and supply challenges contributed to the decline.
Vietnam's ICON DENIM eyes Southeast Asia expansion
21 Oct 20
The company offers denim products for men.
Alibaba buys controlling stake in Sun Art for $3.6b
21 Oct 20
Sun Art operates 481 hypermarkets and 3 supermarkets in China.
East Asian presence and casualwear boost Fast Retailing's sales
21 Oct 20
Its LifeWear range may have been appealing to shoppers staying at home.
Robinsons Retail buys Rose Pharmacy from Dairy Farm
21 Oct 20
The pharmacy started as a family-run drugstore in the Philippines.
Weekly News Wrap: Luxury buyers turn to second-hand goods; Restaurant spending decline drags China's economic growth
21 Oct 20
And Tata Group looks to buy Indian online retailers.
Industry leaders map out the future of retail
20 Oct 20
Over 200 participants attended the first-ever Retail Asia Virtual Conference.
China's retail market forecast to reach $6.95t amidst 4% decline: study
15 Oct 20
The country may become the world’s largest retailer.
Shopee, Visa announce five-year regional partnership
1 Oct 20
They will incentivse MSMEs in digitalising their businesses.
Retail Asia to kick off Retail Asia Virtual Conference 2020 on 8 October
25 Sep 20
Hear updates about the retail sector from senior executives, consulting firms, and regulators in the region.
Singapore's hoolah launches physical retail store solution
17 Sep 20
This is said to to help accelerate the recovery and growth for physical retail stores.
Alibaba's Cainiao to expand last mile network in Singapore
17 Sep 20
Each parcel will be tagged with an electronic shipping label.
Weekly News Wrap: Holiday spending hinges on the rich; Polish e-commerce Allegro plans $266m IPO
15 Sep 20
And H&M reports stronger-than-expected profits.
South Korea's private consumption to recover ‘slower-than-expected': central bank
11 Sep 20
The resurgence of COVID-19 cases could crimp recovery for a considerable amount of time.
Weekly News Wrap: Silver Lake to invest $1b in Indian retail firm; Restos unveil new store designs inspired from the pandemic
9 Sep 20
And some retailers still plan to open more stores in 2020.
Indonesia's retail sales fall 12.3% in July
9 Sep 20
Improvements were observed in purchases of food, beverages, and tobacco.
Alternative payments reign supreme in Indian e-commerce market
8 Sep 20
Share in transactions hit 54% this year.
UNIQLO to open its largest retail store in Macau
7 Sep 20
The store will feature the first UTme!
Hong Kong retail sales shrink 23.1% to $26.5m in July
3 Sep 20
The retail business environment will remain very difficult in the near term, says a government spokesperson.
Weekly News Wrap: American department stores in their ‘last' stages; US convenience stores pivot to e-selling
2 Sep 20
And women’s retailer J.
Changi Airport rolls out new F&B delivery service
1 Sep 20
Around 30 other F&B outlets are in the Changi Eats platform.
Clarins opens new Singapore boutique
1 Sep 20
The kiosk offers a full range of products.
Alibaba's Cainiao Network launches Singapore-China air freight route
27 Aug 20
This was made to support an increased cross-border shipment.
Weekly News Wrap: China offers glimpse to post-pandemic retailing; Eviction looms for Hong Kong's stores
26 Aug 20
And gold rally boosts Malaysia’s jeweler stocks.
UNIQLO launches mask brand in Singapore
25 Aug 20
It employs a triple-layer structure, and is machine washable.
Changi Airport launches deals on online shopping platform
25 Aug 20
Flash vouchers of up to $118 can be redeemed every Monday.
Ecommerce giant Lazada reinvents online shopping through LazLive
24 Aug 20
LazLive is its in-app live streaming feature which allows users to interact in real time.

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Commentary

E-commerce
Rebuilding the retail industry on trust and security
BY Leonard Cheong

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