Friday, June 5, 2020
By: Shirley Zhu Asia’s leading convenience retailers are predicted to grow 6.6% a year to 2022 by US$5.1trillion, according to forecasts from international research organisation IGD. Based on a survey of the top 10 Asian convenience retailers, the research anticipates...
By: Tom Brennan, Christine Chou Alibaba Group celebrated its 20th anniversary on Tuesday with a gala celebration in Hangzhou, highlighting its journey from 18 founders of a tiny e-commerce startup – launched from Jack Ma’s small apartment – into the $447...
The Philippine Retailers Association (PRA) was recently voted to be part of the five-member Advisory Council of the Federation of Asia-Pacific Retailers Associations (FAPRA) along with China, Japan, Korea, and Singapore Retail Associations. The FAPRA Advisory Council serves as the...
By: Inside Retail Asia, Korea Bizwire Cornered by a low-price offensive from online sellers, South Korean retailers are striking back with a so-called ‘malling’ strategy. ‘Malling’ refers to all leisure activities at the mall, including shopping, dining, and watching movies or...
By: Robert Stockdill, Inside Retail Asia Mobile communication is about to experience its greatest revolution in the 12 years since Apple invented the smartphone. This time, however, it is not handsets that will drive the change, rather the network technology we...
By: Inside Retail Asia Non-profit H&M Foundation has opened the fifth round of its innovation challenge Global Change Award. The award is an attempt to move the needle in a space where global consumption of textiles and shoes are on track...
By: ystats.com A new publication released by Germany-based secondary market research company yStats.com “Philippines B2C E-Commerce Market 2019” is the title of a new publication predicted that online retail sales in the Philippines will grow, as spurred by increasing Internet...
By: Ian Nicolas Cigaral, Philstar Eight Philippine companies made it to Forbes magazine’s inaugural “Asia's 200 Best Over A Billion 2019,” which lists top-performing listed companies in the Asia-Pacific region with revenues of $1 billion or more. Out of 3,200 listed companies...
By: Aine Cain, Business Insider The specter of the retail apocalypse still hangs over the whole industry. And the latest gloomy numbers from the U.S. Bureau of Labor Statistics indicates that it's not going anywhere soon. After reviewing its statistics on...
By: Agence France Presse Walmart lifted its full-year profit forecast Thursday after better-than-expected results on solid US consumer spending, reflecting confidence that trade frictions will not significantly dent earnings. Amid rising fears of a US recession, the world's biggest retailer said...
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