From a continued rise in e-commerce to a global health crisis driving pronounced changes in where and how often consumers shop for food, here are the challenges and opportunities influencing how APAC …
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Auchan mulls Asia exit with Taiwan business sale
French grocery chain Auchan Retail is set to exit its sole Asian market, as the supermarkets looks to divest its stake in Taiwan’s RT Mart.…
How is the retail industry in Korea?
With the growing number of one person households and working couples in Korea, changes in people’s spending patterns has brought about a new paradigm in the market place.…
‘Plastic attack’ in Taiwan
Taiwan’s first “plastic attack” was launched between June 22 and 24 2019 to raise awareness on the issue of excess packaging.…
A sophisticated e-commerce model attracts 8 major supermarkets
Honestbee, Asia’s leading online grocery and concierge service, where professional concierge shoppers handpick and deliver fresh groceries from top local stores, has announced partnerships with eight …
Walmart India wants 50 more stores
Supermarket giant Walmart is reportedly opening fifty more stores in India over the next three years, as the US retailer looks to expands its cash-and-carry segment and food retail arm.…
Vietnam’s retail market hits $118 billion amid M&A spree
Foreign investors, mainly from Thailand, Japan and South Korea, are attracted by Vietnam’s relatively young population, a rapidly expanding middle class and higher living standards.…
Hong Kong retail sales decline at slower rate in October
Hong Kong’s retail sales continued to declined in October, though at a slower pace than in the previous month, preliminary figured from the Census and Statistics Department showed.…
Global food retail market to reach $8.5 trillion by 2020
The global food retail market is expected to grow at a CAGR of 6.1 % from 2014 to 2020 to reach an estimated value of USD 8,541.9 billion in 2020.…