Investment Priorities for Retailers: Where to Allocate Budgets in 2025
As retailers firm up their 2025 plans, a key question looms: Where should we invest our limited resources for the greatest impact? In a post-pandemic world defined by digital acceleration and evolving consumer expectations, retailers in Singapore and Southeast Asia must balance short-term returns with long-term strategic value. In this article, we explore the top […]
Cost Management Best Practices for Retailers
In an era of unpredictable change, cost management has become a strategic imperative for retailers. The Volatile, Uncertain, Complex, and Ambiguous (VUCA) business environment of 2025 – marked by fluctuating demand, rising input costs, and rapid market shifts – requires retailers in Singapore and Southeast Asia to adopt more agile and innovative cost containment practices. […]
E-commerce is here to stay after a push from the pandemic
News Summary:The COVID-19 pandemic significantly accelerated the adoption of e-commerce, prompting retailers to rapidly enhance their online and mobile platforms to meet changing consumer behaviors. Companies like Walmart expanded their omnichannel strategies, integrating online ordering with services such as pickup and delivery, which resonated with customers seeking convenience during lockdowns. Source Link: https://www.retaildive.com/news/e-commerce-stores-retail-post-pandemic-anniversary/741685/Photo by RetaildiveCredits to: […]
Philippine Seven expands green and digital innovations in convenience retail
News Summary: Philippine Seven Corporation, the operator of 7-Eleven stores in the Philippines, is focusing on sustainability, digital engagement, and aggressive expansion to navigate the evolving convenience store industry. Despite a strong first half in 2023, sales have plateaued, which President and CEO Jose Victor Paterno attributes to factors like inflation and shifts in consumer […]
China retail sales up four percent
News Summary:In the first two months of 2025, China’s retail sales grew by 4% year-on-year, totaling over 8.37 trillion yuan, according to the National Bureau of Statistics (NBS). This marks a slight increase from December’s 3.7% growth. Despite these positive signs, the NBS cautioned that domestic demand remains weak, and some enterprises face operational challenges, […]
BJC BIGC Thailand continues expansion into Vietnam’s retail market
News Summary:BJC BIGC Group, a prominent Thai conglomerate, is actively expanding its footprint in Vietnam’s retail market through its subsidiary, MM Mega Market Vietnam. In November 2024, MM Mega Market commenced construction on its inaugural mega-complex in Da Nang City, a $20 million investment encompassing shops, restaurants, cinemas, and cafés. This initiative aligns with BJC […]
Zara Unveils New Flagship Store In China’s Retail Landscape
News Summary:Zara, the fast-fashion retailer owned by Inditex, has inaugurated a new flagship store in Nanjing’s Xinjiekou district, spanning 2,500 square meters over two floors. This store introduces several innovative features aimed at enhancing the customer experience. One notable addition is a private shopping salon equipped with a lounge area and personal changing rooms, offering […]
87% of Shopee Affiliates build trust, boost sales via curated recommendations
Source Link: https://retailasia.com/e-commerce/news/87-shopee-affiliates-build-trust-boost-sales-curated-recommendationsPhoto by RetailAsiaCredits to: RetailAsia News SummaryApproximately 87% of Shopee Affiliates report that personalized and curated product recommendations are pivotal in building consumer trust and increasing sales during festive periods like Ramadan and Raya. These affiliates focus on promoting personally tested products and top-rated sellers, such as baju raya and home décor items, […]
Retail group backs new VAT refund rules
Source Link: https://philretailers.com/retail-group-backs-new-vat-refund-rules/Photo by Inquirer.NetCredits to: Inquirer.Net News SummaryThe Philippine Retailers Association (PRA) has expressed support for the draft implementing rules and regulations (IRR) of a measure aimed at establishing a value-added tax (VAT) refund process for foreign tourists. This initiative seeks to make shopping in the Philippines more appealing compared to neighboring countries
Adidas taps Zalora tie-up to grow market
Source Link: https://retailasia.com/videos/adidas-taps-zalora-tie-grow-marketPhoto by RetailAsiaCredits to: RetailAsia News SummaryAdidas has partnered with Zalora to launch “The Original,” a pop-up store in the Philippines that integrates digital and physical shopping experiences. This initiative aims to leverage Zalora’s online reach and Adidas’s physical presence, allowing consumers to interact with products typically purchased online. The collaboration reflects Adidas’s strategy […]
