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Mark Gray: Driving e-commerce in a borderless realm
Almost every aspect of retail today is far removed from what it was twenty, ten or even five years ago. Yet at the heart of it, so much remains the same. To paint a picture: previously if you were expanding into another city or country, you would do your research, understand your customer in that market and open a concept store to build your brand awareness in a way that resonated locally.
Mark Gray: Driving e-commerce in a borderless realm
Almost every aspect of retail today is far removed from what it was twenty, ten or even five years ago. Yet at the heart of it, so much remains the same. To paint a picture: previously if you were expanding into another city or country, you would do your research, understand your customer in that market and open a concept store to build your brand awareness in a way that resonated locally.
Socially responsible products represent major growth opportunity
“Responsible consumption” (RC) products now account for at least 15% of all grocery sales — or a US$400 billion global market, according to a report by Boston Consulting Group (BCG). Three-quarters of consumers in the most developed countries say they buy RC products at least occasionally. In the otherwise stagnant grocery sector, two-thirds of total growth in recent years has come from RC products, the report said.
Walmart caters to mobile shoppers
Diving deeper into mobile apps, WalmartLabs – which is Walmart Stores’ innovation lab – has acquired Stylr, a mobile app that allows shoppers to find clothes in nearby stores.
Gap is first US retailer to enter Myanmar
Retail brand Gap has announced it plans to produce clothing in Myanmar, making it the first American retailer to enter Myanmar since the country began its transition to democracy three years ago.
Furla expands presence with new stores in Asian airports
Italian retailer Furla is continuing to expand its presence in travel retail across Asia.
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.
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’.
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.
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.
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.
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.
tna acquires FOODesign to broaden food processing offer
The tna group, a global supplier of integrated food packaging solutions, has acquired FOODesign which makes fryers and cookers for food processing plants, and plans to open an office in Asia soon. The acquisition expands tna’s portfolio to offer food manufacturers a choice of processing solutions.
Climate and politics make food markets volatile: FAO
Weather conditions in various countries and political tensions in the Black Sea region have made food markets more volatile, said the FAO.
Three quarters of SE Asia firms plan to increase investment in e-commerce
Mobile commerce is expected to come to the forefront and will be a key focus for four in five organisations, with around three-quarters (76%) planning to increase investment in mobile-optimised transactional websites over the next three years. Additionally, half (51%) plan to invest more in mobile applications with transactional apabilities.[/caption]
Asia Pacific retail rents continue to rise
Retail rents in Asia Pacific are continuing to climb steadily, led by the cities of Tokyo and Beijing.
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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.
