Wednesday, June 3, 2020
By: Yahoo News 7-Eleven is the latest retailer to test the "cashierless" store concept, following Amazon's big push into the market with its Amazon Go convenience stores that use technology, instead of people, to monitor stock levels, track purchases and...
By: Euromonitor International Every year, Euromonitor identifies emerging fast-moving trends that we expect to gain traction in the year ahead. The Big Picture Our white paper, Top 10 Global Consumer Trends 2020, explores the most influential trends shaping consumer behaviour, shopping habits...
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: Nancy Luna, Nation's Restaurant News McDonald’s moved one step closer to powering the making of Big Macs and fries with solar and wind energy. The Chicago-based quick-service chain said it is investing in two Texas-based startup companies that are generating...
By: Bloomberg.com Bulgari plans to add stores in China, saying jewelry sales there could potentially double over the next five years as it dodges a broader slowdown in the world’s second largest economy. “Year after year a huge upper middle class...
By: Inside Retail Asia Japanese department-store operator Takashimaya is banking on its Vietnam and Thailand flagships to drive growth this year as it seeks to achieve profitability in its Southeast Asian business. To date, Singapore has been the sole profitable store...
By: Euromonitor The retailing landscape in Asia Pacific is more challenging than ever, and the major market chains must adapt quickly to changes to remain relevant, according to the latest whitepaper released by Euromonitor titled Top 100 Retailers in Asia...
By: Tong Van, Inside Retail Asia Japanese fashion retailer Uniqlo and Toray Industries have created apparel made from recycled down and fabric from polyester fibers made with recycled PET bottles. The technology partnership will lead to clothes made from recycled plastic...
By: Inside Retail Asia Sales at Ikea stores in Southeast Asia exceeded SG$1 billion (US$723 million) for the first time this year, reflecting healthy growth for a big-box retail business. Christian Rojkjaer, MD of Ikea Southeast Asia, says more than 98...
By: Manila Bulletin, Reuters Fashion retailer Forever 21 Inc said on Sunday it has filed for Chapter 11 bankruptcy protection to restructure its business, joining a growing list of brick-and-mortar players who have taken a hit from fierce e-commerce competition. The...
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