Stores
Six in 10 consumers in East Asia worry about climate change
Sustainability is a key focus in the region, Euromonitor International.
Retailers eye using recycled plastic, sustainable materials in products
Some companies in the personal care sector are offering re-fillable options
More brands to pierce through the Metaverse madness in 2022: report
This comes as brands explore avenues of digital personalisation.
Philippines’ Fruitas to buy Ling Nam restaurant with Balai IPO proceeds
The IPO raised some P203.8m in net proceeds.
Central Retail launches new BnB home
The expansion was worth THB60m.
Cybersecurity revenues from consumer goods sector to reach $6.5b by 2025
This is due to the rise in digitalisation in their operations.
Reliance Brands enters F&B retail with Pret A Manger partnership
It will open the global food chain’s stores across India.
Plastic straw ban may disrupt soft drink industry in short-term
This will particularly hit sales of small packs of soft drinks.
UNIQLO Singapore switches fully to EVs for last-mile deliveries
Its same-day Click and Collect Service will be available at 27 stores starting 1 July.
7-Eleven, Tiger Beer launches beachfront store in Singapore
The store’s offerings range from liquor to hot meals.
Weekly News Wrap: Shanghai’s fashion stores struggle to clear stock; JD exec says China’s regulation getting more ‘rational’
And India’s Zomato set to buy grocery delivery startup Blinkit for $568m.
Shopee owner Sea Ltd is top retailer in Southeast Asia: Euromonitor
Its sales reached $16.06b in 2021.
South Korea’s retail sales up 10.1% YoY in May
Sales in department stores and convenience stores rose as social distancing is lifted.
Central Retail launches new payment option in CMG stores
Shoppers may opt to use BNPL across 22 brands.
Retail sales in Asia’s department stores to climb by 2% annually until 2026
This will follow a “remarkable” rebound of 23% in 2021.
Grocery sales to grow 4% in next 4 years: report
Retail sales in grocery grew 6% in 2021.
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This has already led to improved click and conversion rates for the group.
