Thursday, May 19, 2022
(Inside Retail Asia | 8 April 2016) South Korean retail sales showed distinct signs of recovery in March. According to finance ministry data, combined sales at department stores run by Hyundai Department Store, Lotte Shopping and Shinsegae Co rose 4.8 per...
(Source: Inside Retail Asia | August 25, 2017) Lazada Malaysia and insurance company AIG Malaysia are partnering to provide a seamless insurance service online. “We are all digital natives now so it is our natural behaviour to look for products and services...
By: TechCrunch U.S. e-commerce sales will jump 18% this year due to the impact of the coronavirus pandemic that forced more shoppers online, according to a new forecast released today by eMarketer. However, the surge in new online orders won’t...
By: Inside Retail Asia, Korea Bizwire As more Koreans become drawn to their pets, which a lot consider as part of their family, many retailers are also keen on targeting their marketing campaigns towards the particular demographic. Lotte Home Shopping has...
By: Manila Bulletin Economists have slashed their 2020 outlook for the Philippines by more than any other Southeast Asian nation as it struggles with one of the region’s worst coronavirus outbreaks. The forecast for the country’s gross domestic product dropped from...
(Source: Inside Retail Asia | Aug. 5, 2015) Goods and experiences which provide “a sense of status, exclusivity and uniqueness” are key considerations when shopping for luxury items for Asia Pacific’s elite, according to the Visa Affluent Study 2015. In other...
(Source: Inside Retail Asia | 2 February 2017) H&M will open online stores in five Asian markets this year. The H&M Asia online stores will open in Hong Kong, Singapore, Macau, Taiwan and Malaysia. A sixth will open in Turkey. And, as...
(Source: Fung Global Retail & Tech) On June 16, Amazon announced the signing of a definitive agreement to acquire Whole Foods Market for $13.7 billion in cash, which includes the assumption of roughly $1 billion in Whole Foods’ net debt. The...
(Manila Standard | May 13, 2018) The Philippine will host the largest Uniqlo store in the country and in Southeast Asia, Japanese retail holdings company Fast Retailing Co. Ltd. announced over the weekend. “We are honored and excited to open our...
(Source: Business Insider UK, AP | April 19, 2018) The Chinese e-comm shopping giant, Jack Ma, met with Thailand's prime minister, Prayuth Chan-ocha, on Thursday and signed an agreement to help set up a "smart digital hub" to facilitate trade...
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