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Foreign brands face squeeze in China
Foreign brands are facing a sales squeeze in China as market growth slows and local companies grow and establish their presence.
Foreign brands face squeeze in China
Foreign brands are facing a sales squeeze in China as market growth slows and local companies grow and establish their presence.
Bernie Brookes: A true-blue world-class retailer
Retail is not a one-trick pony, says Bernie Brookes, CEO of Myer Holdings, and therefore he bets on a strategic five-point plan aimed at delighting and inspiring customers and gaining their loyalty. Sharon Tian learns more from the world-class retailer.
Chow Tai Fook shines with gold
Hong Kong-based jeweller Chow Tai Fook said its net profit in the year to March 31 rose 32% as sales of gold products in China improved.
Walmart China to triple food safety spending
Walmart China has announced it will increase its spending on food safety to 300 million yuan (more than US$48.3 million) in 2013, 2014 and 2015, up from a previously announced commitment of 100 million yuan for the same three years.
Tetra Pak's Charles Brand on trends
At the World Processing Tomato Congress last month, Charles Brand, vice-president, Marketing and Product Management at Tetra Pak, spoke on global consumer trends influencing the food industry. He shares more with Retail Asia.
A winner in pizza packaging
A new pizza box concept has been introduced by plastic packaging specialist Faerch Plast, in which the base is produced from crystalline polyethylene terephthalate (CPET). This material makes the box suitable for use in ovens – up to 220°C – or in microwaves. The lid is made from clear amorphous (APET).
KFC China to revamp restaurants to create social hangout ambience
US-based KFC, the biggest foreign fast-food chain in China, is planning a major revamp and makeover of its 130 restaurants in China.
Food processors unprepared for digital revolution, warns expert
The global food industry is on the eve of an online retailing revolution that will lead to fundamental changes for players along the supply chain, from processors to retailers. Food processors and producers, however, face the danger of being pushed to the back of the e-shelf because products are not sufficiently ‘online-proof’.
El Nino predicted to raise India's edible oil Imports and affect major crops in SE Asia
Warnings about the effect of the El Nino factor on the world’s food crops have grown. The latest is a prediction by the Associated Chambers of Commerce and Industry of India (Assocham) that India’s import bill for edible oils will grow by almost US$5 billion due to the El Nino effect.
CP Kelco's new Singapore facility aims to bring it closer to customers in Asia
US-based CP Kelco, a specialty hydrocolloids manufacturer, has opened a hub facility for South Asia alongside its dairy beverage centre of excellence (CoE) in Singapore. The company said the move is to strengthen its global innovation footprint.
WeChat users can now sell online
WeChat users can now set up “mini online stores” through the messaging app.
SOSOON offers e-fulfilment service
Online retailers have to fulfil their promises of convenient and better shopping experience to their customers. Robert Van Lith, general manager for Unitox, tells Retail Asia about the potential pitfalls for e-tailers and how his company can help them deliver on their promise of customer delivery.
Muji gets onto Tmall
Japanese lifestyle retailer Muji is the latest brand to get onto the Chinese e-commerce site Tmall to cater to Chinese online shoppers.
FMCG ecommerce set to soar
Online sales of fast moving consumer goods (FMCG) will rise by nearly 50% by 2016.
Online shoppers want speed in delivery, raising the bar for B2C e-commerce delivery
Demand by consumers for free and convenient delivery is driving online retailers and delivery service providers to look for a wider range of delivery methods. Among the trends on the market are intensified competition for quick delivery, growth of the free delivery option, and a movement of some retailers to establish their own logistics and delivery services.
Alibaba launches e-marketplace in the US
Alibaba has launched 11Main.com, an e-marketplace in the US with thousands of boutiques designed to replicate shopping on a local Main Street.
Lacoste selects Manhattan Associates to power omnichannel retail operation
Lacoste, the global fashion brand, has selected Manhattan Associates’ Enterprise Order Management solution to orchestrate its omnichannel retail operations and facilitate the company’s continued growth. With Manhattan’s technology, Lacoste will be able to deliver a consistent brand and unified shopping experience to its customers.
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1. Blurring lines between online and offline retail in Asia Pacific 2. Hybrid stores reshape airport retail landscape 3. Malaysian retail sector sees 173% surge in hiring activity 4. DFI Retail Group and PolyU SPEED ink MoU for retail talent development 5. Rakuten and Thailand join hands to showcase Thai productsAwards
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