Retail Asia

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22/08/2024

Retail sales growth in Asia-Pacific sharply declined during COVID-19 but has since rebounded to align with global trends. Discussing this are Bain & Company Partners Radhika Sridharan and Melanie Sanders. https://bit.ly/3WNOQRq

K3Mart combines Korean culture with local MSME products, offering a unique shopping experience while boosting local bran...
20/08/2024

K3Mart combines Korean culture with local MSME products, offering a unique shopping experience while boosting local brands in Indonesia.

The Indonesian convenience store offers a 50:50 ratio of imported and local products in their 30 outlets.

L’Oréal is advancing its strategy by becoming a ‘beauty life companion,’ integrating digital technology and creativity t...
20/08/2024

L’Oréal is advancing its strategy by becoming a ‘beauty life companion,’ integrating digital technology and creativity to enhance the consumer journey.

It blends data, creativity, and cutting-edge technology to reshape consumer experiences.

Ayala Malls is setting a new standard in retail with its extensive redevelopment, integrating advanced technology and im...
20/08/2024

Ayala Malls is setting a new standard in retail with its extensive redevelopment, integrating advanced technology and immersive experiences to transform its flagship properties.

Central to this redevelopment are experiential stores that merge shopping with the latest technological innovations.

Asia is a unique place for in-store customer experience as shifts in consumer behaviour and the drive towards digitalisa...
20/08/2024

Asia is a unique place for in-store customer experience as shifts in consumer behaviour and the drive towards digitalisation compel retailers to adopt more creative and personalised approaches.

The region’s unique market dynamics pushes retailers to be more innovative.

Leveraging in-store sensors and intelligent AI systems, Advantech enables retailers across Asia to optimise operations, ...
12/08/2024

Leveraging in-store sensors and intelligent AI systems, Advantech enables retailers across Asia to optimise operations, enhance customer experiences, and foster sustainable growth.

Read more: https://bit.ly/4dunNlr

Retailers must integrate IoT devices with intelligent AI systems to optimise and enhance store operations.

Business leaders shared ways to foster effective customer engagement during the Retail Asia Forum in Kuala Lumpur.
07/08/2024

Business leaders shared ways to foster effective customer engagement during the Retail Asia Forum in Kuala Lumpur.

The Malaysia forum’s panel also delved into the rising trend towards environmental, social, and governance (ESG) practices.

Modern consumers are not merely purchasing products but engaging with the entire shopping experience.
07/08/2024

Modern consumers are not merely purchasing products but engaging with the entire shopping experience.

A unified customer experience across both physical and digital platforms is crucial.

Explore how Lotus’s is transforming malls into vibrant social hubs, catering not just to shopping but to leisure, learni...
07/08/2024

Explore how Lotus’s is transforming malls into vibrant social hubs, catering not just to shopping but to leisure, learning, and well-being.

Lotus’s malls in Malaysia integrate sensory stimulation, ambiance, and community-centric spaces to boost experiential retail.

L’Occitane weaves eco-friendly and authentic values into its travel retail operations, from responsible sourcing to inno...
07/08/2024

L’Occitane weaves eco-friendly and authentic values into its travel retail operations, from responsible sourcing to innovative and interactive experiences.

The brand’s efforts include responsible ingredient sourcing, eco-friendly packaging, and energy-efficient practices.

Christopher Ang, CEO of GS1 Singapore, shared insights into how this technology will revolutionise retail operations, en...
02/08/2024

Christopher Ang, CEO of GS1 Singapore, shared insights into how this technology will revolutionise retail operations, enhance transparency, and drive efficiency across the sector.

These 2D barcodes function as a compact data repository.

Leading the Asian retail industry's shift towards advanced self-service solutions, Diebold Nixdorf's Matt Redwood and Be...
29/07/2024

Leading the Asian retail industry's shift towards advanced self-service solutions, Diebold Nixdorf's Matt Redwood and Bernard Grellier introduced their self-service solutions, DN Series EASY, DN AllConnect Services, DN Vynamic Self-Service, and Storevolution Advisory Services, that spotlight the modern shopping and self-service experience of consumers. These solutions are built for consumer centricity, store digitalisation, and high connectivity.

Find out more: https://retailasia.com/co-written-partner/sponsored-articles/empower-asian-retail-growth-through-advanced-self-service-solutions

Leading the Asian retail industry signifies riding the wave of technological advancements, making the shift towards consumers’ need for self-service solutions.

25/07/2024

Social commerce is dominating the gen Z consumers with their demand for highly curated and personal shopping experiences. Adrien Koskas, General Manager of Consumer Products, SAPMENA, L'Oréal tackles this trend. https://bit.ly/4dhnkSO

KCG uses the latest tech to manage 92 retail stores, enhancing personalization and customer service across Indonesia's p...
25/07/2024

KCG uses the latest tech to manage 92 retail stores, enhancing personalization and customer service across Indonesia's premium segment.

It adopts the latest tech-based solutions to better manage 92 retail stores across 20 cities in Indonesia.

The Coffee Bean & Tea Leaf expands its portfolio with a diverse range of single-origin coffees and innovative packaging ...
25/07/2024

The Coffee Bean & Tea Leaf expands its portfolio with a diverse range of single-origin coffees and innovative packaging solutions to address the evolving consumer preferences for both quality and convenience.

It expanded its product range, including a variety of single-origin coffees tailored to different roast preferences.

22/07/2024

Value for money is Asia-Pacific consumers’ top priority in choosing beauty products, apart from it being high-quality and personalised. Yang Hu, Insights Manager for Health and Beauty Asia, Euromonitor International talks more about this trend.
https://bit.ly/4f5h9mD

19/07/2024

Ayala Malls is redeveloping its four flagship malls this year with refreshed activity centres, cinema, and landscape design. Paul Birkett, COO, Ayala Malls discusses the details of this redevelopment. https://bit.ly/46dH3QZ

Blending heritage and luxury, Bacha Coffee Plaza Senayan immerses Indonesian coffee lovers into a unique experience.
16/07/2024

Blending heritage and luxury, Bacha Coffee Plaza Senayan immerses Indonesian coffee lovers into a unique experience.

Blending heritage and luxury, Bacha Coffee Plaza Senayan immerses Indonesian coffee lovers into a unique experience.

Luxury brands are leveraging AI across multiple fronts to elevate customer experience.
16/07/2024

Luxury brands are leveraging AI across multiple fronts to elevate customer experience.

The sector has invested over $360m in AI over the past three years.

Consumers in the Asia-Pacific region are increasingly valuing connections and personalised experiences with brands over ...
15/07/2024

Consumers in the Asia-Pacific region are increasingly valuing connections and personalised experiences with brands over merely earning rewards based on transactions.

One in three customers in APAC join loyalty programs to build lasting connections.

The Retail Asia Summit 2024 equips retail leaders to navigate the challenges of e-commerce and create a seamless omnicha...
11/07/2024

The Retail Asia Summit 2024 equips retail leaders to navigate the challenges of e-commerce and create a seamless omnichannel future for Asian retail.

Join industry titans to explore the latest trends and innovations shaping the future of retail at this must-attend event in Singapore.

Learn more: https://bit.ly/3W26Xm6

The event equips delegates to navigate the challenges and seize the opportunities of the digital revolution in Asian retail. Join industry titans to redefine re

The Retail Asia Forum 2024 culminates in Manila, the finale of a transformative event series across Asia, as it brings t...
11/07/2024

The Retail Asia Forum 2024 culminates in Manila, the finale of a transformative event series across Asia, as it brings together industry titans on 3 October.

Gain insights from leading experts, discover cutting-edge tech, and develop winning strategies to thrive in Asia's retail landscape.

Learn more: https://bit.ly/3WjXneP

The forum will be the culminating event in a transformative series of events covering many Asian retail landscapes.

Asia Floor Wage Alliance's Anannya Bhattacharjee calls on brands to commit to binding agreements and enforce human right...
10/07/2024

Asia Floor Wage Alliance's Anannya Bhattacharjee calls on brands to commit to binding agreements and enforce human rights standards across their entire supply chains.

Brands were urged to adopt binding agreements and enforce human rights standards throughout their supply chains.

Retailers must develop data driven and connected capabilities to align with growing consumer demands for flexibility and...
10/07/2024

Retailers must develop data driven and connected capabilities to align with growing consumer demands for flexibility and convenience.

KPMG expert predicts an end to online versus offline retailing as consumer engagement changes.

CEO aims to make it the most accessible pizza brand from Southeast Asia to the world.
10/07/2024

CEO aims to make it the most accessible pizza brand from Southeast Asia to the world.

CEO aims to make it the most accessible pizza brand from Southeast Asia to the world.

09/07/2024

The meat snacks market is expected to reach $26.75 billion by 2029. Nirmit Limbachia, Project Lead at Mordor Intelligence Private Limited in India, points out that this growth is due to consumers' preference for convenient snacks with added nutritional value. https://bit.ly/3S0ektj

08/07/2024

Shopee has retained a strong performance with its 23% revenue increase in the fourth quarter of 2023. Pan Huiyan, Head of Regional Marketing talks more about this success. https://bit.ly/3LgRmug

LMI continuously conducts internal customer analyses, revealing that over 60% of visitors to their malls are from these ...
08/07/2024

LMI continuously conducts internal customer analyses, revealing that over 60% of visitors to their malls are from these younger generations.

Over 60% of visitors to their malls are from younger generations.

Indonesia’s F&B industry thrives by attracting ‘hermit consumers’ through community-focused experiences, blending dining...
08/07/2024

Indonesia’s F&B industry thrives by attracting ‘hermit consumers’ through community-focused experiences, blending dining with entertainment.

The global decline in sales highlights the importance of understanding ‘hermit consumers.’

05/07/2024

“Sixty percent of Singaporeans search for new food options restaurants through social media– this has compelled the F&B brands to rethink and reboot their marketing strategy with the new trends,” according to Ashutosh Awasthi, Director at Kadence International Singapore. https://bit.ly/45Wce3s

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Videos

RA x Bain & Company: Asia-Pacific retail sales rebound post-COVID to global trends
RA x Bain & Company: Asia-Pacific retail sales rebound post-COVID to global trends

Retail sales growth in Asia-Pacific sharply declined during COVID-19 but has since rebounded to align with global trends. Discussing this are Bain & Company Partners Radhika Sridharan and Melanie Sanders. https://bit.ly/3WNOQRq

RA x L’Oréal Groupe: L’Oréal groupe taps into Gen Z’s beauty enthusiasm
RA x L’Oréal Groupe: L’Oréal groupe taps into Gen Z’s beauty enthusiasm

Social commerce is dominating the gen Z consumers with their demand for highly curated and personal shopping experiences. Adrien Koskas, General Manager of Consumer Products, SAPMENA, L'Oréal tackles this trend. https://bit.ly/4dhnkSO

RA x Euromonitor: ‘Value for money’ is top product attribute for APAC countries
RA x Euromonitor: ‘Value for money’ is top product attribute for APAC countries

Value for money is Asia-Pacific consumers’ top priority in choosing beauty products, apart from it being high-quality and personalised. Yang Hu, Insights Manager for Health and Beauty Asia, Euromonitor International talks more about this trend. https://bit.ly/4f5h9mD

RA x Ayala Malls: Four Ayala malls renovation underway
RA x Ayala Malls: Four Ayala malls renovation underway

Ayala Malls is redeveloping its four flagship malls this year with refreshed activity centres, cinema, and landscape design. Paul Birkett, COO, Ayala Malls discusses the details of this redevelopment. https://bit.ly/46dH3QZ

RA x Mordor Intelligence: APAC embraces meat snacks for on-the-go nutrition
RA x Mordor Intelligence: APAC embraces meat snacks for on-the-go nutrition

The meat snacks market is expected to reach $26.75 billion by 2029. Nirmit Limbachia, Project Lead at Mordor Intelligence Private Limited in India, points out that this growth is due to consumers' preference for convenient snacks with added nutritional value. https://bit.ly/3S0ektj

RA x Shopee: Major shopping events boost Shopee’s Q4 growth
RA x Shopee: Major shopping events boost Shopee’s Q4 growth

Shopee has retained a strong performance with its 23% revenue increase in the fourth quarter of 2023. Pan Huiyan, Head of Regional Marketing talks more about this success. https://bit.ly/3LgRmug

RA x Kadence: Singaporeans shift to more nutritious food post-pandemic
RA x Kadence: Singaporeans shift to more nutritious food post-pandemic

“Sixty percent of Singaporeans search for new food options restaurants through social media– this has compelled the F&B brands to rethink and reboot their marketing strategy with the new trends,” according to Ashutosh Awasthi, Director at Kadence International Singapore. https://bit.ly/45Wce3s

RA x L’OCCITANE: L’OCCITANE unveils new senior team for travel retail
RA x L’OCCITANE: L’OCCITANE unveils new senior team for travel retail

The L’OCCITANE Group has introduced its new senior team members to support its growing travel retail business. Green Yip, the new Regional Managing Director for Asia Pacific Travel Retail, shares her industry expertise. https://bit.ly/45PamcB

RA x GOPIZZA: GOPIZZA expands in GS25 outlets in South Korea
RA x GOPIZZA: GOPIZZA expands in GS25 outlets in South Korea

GOPIZZA is set to expand to over 2000 GS25 outlets in South Korea this year, aiming to nearly double its global sales to one million units of pizza sold monthly by December, according to Jay Lim, Founder & Global CEO, GOPIZZA. https://bit.ly/4bmBn8h

RA x GS1 Singapore: GS1 2D barcodes enhance retail inventory and traceability
RA x GS1 Singapore: GS1 2D barcodes enhance retail inventory and traceability

GS1 is enhancing retail operations with 2D barcodes that provide more than just a product ID. Christopher Ang, Chief Executive Officer, GS1 Singapore Limited discusses this innovation. https://bit.ly/4cgIXCO

RA x WCT Malls: WCT Malls tenants see 22% sales increase in 2023
RA x WCT Malls: WCT Malls tenants see 22% sales increase in 2023

WCT Malls has reported a 22% increase in sales across its tenants. Selena Chua, CEO of WCT Malls, emphasized that this surge underscores a proactive strategy by the company. https://bit.ly/3xtxFMq

RA x The Coffee Bean & Tea Leaf: The Coffee Bean & Tea Leaf expands to Maldives, marks 60 years
RA x The Coffee Bean & Tea Leaf: The Coffee Bean & Tea Leaf expands to Maldives, marks 60 years

In just 60 years, The Coffee Bean & Tea Leaf has grown to over 1,100 locations worldwide and is soon entering the Maldives. Anshul Laroia, Chief CPG Growth Officer, tackles upcoming innovations. https://bit.ly/3REmWpf

RA x Roland Berger: Digital natives drive shift in consumer behaviour
RA x Roland Berger: Digital natives drive shift in consumer behaviour

"We see a massive shift in consumer behaviour, mainly driven by digital natives who represent about 50% of the consumption in 2030." says Hugo Texier, Partner Consumer Goods and Retail at Roland Berger, Asia. https://bit.ly/4czQnAU

RA x The Mall Group: The Mall Group levels up marketing initiatives amidst competitive retail
RA x The Mall Group: The Mall Group levels up marketing initiatives amidst competitive retail

The Mall Group has allocated around $54,000 for marketing, focusing on integrating advanced digital technology into its e-commerce platforms. Voralak Tulaphorn, Chief Marketing Officer of The Mall Group discusses this strategy. https://bit.ly/3VI7WZP

RA x Euromonitor International: New brands have less than 60% chance to survive in the long term
RA x Euromonitor International: New brands have less than 60% chance to survive in the long term

Brands established last year have less than a 60% chance of surviving in the long term. Here's more from Euromonitor's Innovation Consultant Frida Polyak. https://bit.ly/4bK0rHk

RA x Levi’s: Levi’s opens new stores in Southeast Asian countries
RA x Levi’s: Levi’s opens new stores in Southeast Asian countries

Levi's marks 170th with retail push in SEA, revamps stores in Japan, Bangladesh, Thailand, according to its general manager for South East Asia, Sameer Koul. https://bit.ly/4dTWpxF

RA x Kantar: Thai shoppers cut back amidst FMCG market strain
RA x Kantar: Thai shoppers cut back amidst FMCG market strain

The Thai government is discussing a new subsidy via a digital wallet initiative, aiming to inject 500b baht into the economy to boost spending and aid recovery, according to Howard Chang, Managing Director of the Worldpanel Division at Kantar Thailand and Malaysia. https://bit.ly/3UM0CuJ

Thailand’s retail market is anticipated to see a growth of almost 6% annually Axel Winter, Chief Digital Officer at Siam Piwat Group discusses this trend. https://bit.ly/3yqmKTW

RA x Kadence Singapore: Singapore’s luxury market shifts to quiet branding
RA x Kadence Singapore: Singapore’s luxury market shifts to quiet branding

Singapore's luxury market is moving away from overt branding to prioritise timeless appeal and personalisation, redefining "exclusivity", says Derek Goh, Country Manager at Kadence Singapore. https://bit.ly/3WupRE1

RA x Kadence Philippines: Young asians lead digital marketplace with savvy buying
RA x Kadence Philippines: Young asians lead digital marketplace with savvy buying

Asians born between 1980 and 2012 are the shapers of the digital marketplace, says Iris Lorenzo, Managing Director of Kadence Philippines. https://bit.ly/3UpRrQp

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