Wednesday, January 19, 2022
By Inside Retail Asia SPC-owned ice-cream chain, Baskin Robbins, has launched its first unmanned store dubbed ‘Flow’, in Seongnam, southern Seoul. The new model is part of the company’s strategy to secure brand growth engines and open more opportunities for existing...
By McKinsey & Company The seemingly unstoppable rise of e-commerce, sophisticated customer analytics, personalized sounds and smells, digital mannequins that “know” your clothing preferences, automated home delivery—these are just some of the elements that will shape the shopping experience in...
By: Forbes Based on the past almost two years of living through the peak and valleys of COVID, retailers have upped their game in terms of the shopper journey. Here are the top five trends that customers can expect when...
By Forbes For many in the retail industry, 2021 has been a harder year than 2020. With major shifts in consumer spending on a regular basis, and a growing fatigue with managing the impact of the pandemic, this is another...
By Forbes If retailers and consumers think price tags are high today, consider all the non-dollar costs that will influence purchase decisions tomorrow, such as time, convenience and (importantly) experience. Any one of these factors could change a shopper’s choice....
By Inside Retail Asia Fast Retailing has pledged to make 50 per cent of the materials it uses in Uniqlo clothing recycled by FY2030, as part of its broader sustainability action plan. About 15 per cent of polyester used will be...
By The Business Times E-commerce sales in the Philippines are expected to hit US$10.3 billion by 2025. The growth, up from US$4.8 billion in 2020, would represent a compound annual growth rate of 17 per cent over 5 years, according to...
By Forbes If the past two years have taught the retail industry anything, it’s to meet the unexpected, eye-to-eye, with more of the unexpected. Unexpected as in surprising channels, unpredictable brand partnerships and even a dose of the expected. Because consumer...
By Inside Retail Asia China’s dominance in manufacturing has made it the factory of the world. The subsequent economic growth enriched an ever-expanding middle class, and the country’s retail industry has quickly adapted to supply a growing appetite for consumption. Some...
By Inside Retail Asia Food delivery platform Uber Eats is set to exit Hong Kong by the end of this year after five years of operation in the territory. The reason for the shut down, however, has not been disclosed. “Our priority...
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