Singapore
Eye on Asia retail assets
Singapore is among the top 20 cities in the world where international retailers have the largest presence and is the most targeted market in Asia for European retailers. And it continues to be one of the preferred first ports-of-call for retailers new to Asia.
Eye on Asia retail assets
Singapore is among the top 20 cities in the world where international retailers have the largest presence and is the most targeted market in Asia for European retailers. And it continues to be one of the preferred first ports-of-call for retailers new to Asia.
The leading-edge solution for omnichannel retailing
Wincor Nixdorf has unveiled TP.net 5.5 which enables retail businesses to easily and cost-effectively implement omnichannel and mobile strategies to drive sales and operation efficiency and enhance the customer experience. Sharon Tian reports.
Taubman invests in new shopping centres in Asia
Taubman Asia, a subsidiary of US mall operator Taubman Centers, has committed US$600 million to build new shopping malls in Asia, with 40% of the investment budget earmarked for China projects.
Most active shopping centre development takes place in China
Global shopping centre development continues apace with 39 million sq m under construction, slightly ahead of the pipeline of new space (36 million sq m) in 2013, says global property advisor CBRE.
Brick-and-mortar is the foundation of omnichannel retailing, says study
For all the talk about digital retailing, physical stores continue to be consumers’ preferred shopping channel and a place where the most significant consumer and retailer value is created.
Change-ready Leadership
Change permeates all industries. It ushers the entry of new players as well as the exit of others. Retailers’ years of establishment, expertise and leading position do not guarantee success anymore. Instead, retailers who actively seek and act on change are the new winners in a business environment where the fast and reliable replace the slow and steady.
Thinking beyond the shelf
Stores seeking new ways to engage customers and build relationships have taken to innovative ways to engage the senses and even adopted the role of curating experiences. Richard Seah finds out more.
Sharing brand values with store design
It was expected to fail miserably but Apple Stores have grown to become one of the world’s most successful retail concepts, making more money in sales per square foot – US$4,551 according to eMarketer – than any other US-based retailer.
Mobile app lets grocery shoppers give feedback on new products while they shop
A new mobile app has been launched to enable CPG companies to get instant feedback on new product concepts from target consumers while they are grocery shopping. uSamp, the developer of the Instant.ly mobile app, said this will slash the time and money spent on testing new product ideas.
Hershey increases prices to counter input cost rise
The Hershey Company, the No. 1 candy producer in the United States, has announced price increases for its chocolate and candies in response to rising input costs of its key ingredients.
Paid search pays off for e-retailers
Online retailers continue to spend the most money on paid search because they find it is the most effective way to acquire new customers, according to a Forrester Research and Shop.org report.
Amazon reports quarter loss despite good sales
Internet retail titan Amazon has reported a money losing quarter despite impressive growth in sales.
Manhattan Associates optimises supply chains of Clarins and Sephora
Supply Chain commerce solutions provider Manhattan Associates, Inc. announced that SDV, the global leader in supply chain management services, has successfully deployed Manhattan Associates’ Warehouse Management solution (WMS) to orchestrate the regional supply chain operations of Clarins and Sephora in South East Asia.
Retail CEOs not making required supply chain transformation
In a global survey, half of the world’s CEOs recognise that their supply chain can be a strategic differentiator, but the majority of them believe their retail supply chains are not optimal. JDA Software warns that supply chain has become a mission-critical issue that retail CEOs need to look into.
AEB launches ASSIST4 monitoring solution
AEB Asia Pacific has announced a new version of its ASSIST4 Monitoring & Alerting solution. The latest version offers unparalleled business flexibility and superior performance for businesses through its new messaging framework and enhanced tracking features.
Revionics extends Markdown Optimisation solution
Revionics Inc., which delivers solutions for omnichannel merchandising strategies, has announced the latest release of its Markdown Optimisation solution. This provides new capabilities that enable retailers carrying short life-cycle products – such as fashion products – to localise and prioritise decisions at speed and scale for increased profitability.
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AI prompts fearless dive into corporate reinvention
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Technology
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
