IGD Archives - Page 2 of 3 - Inside Retail Asia
The Philippines will soon be the Asia’s fifth largest retail grocery market, according to data released today.
Asia’s big-box grocers are forecast to grow on average 3.5 per cent a year, according to IGD research.
Online grocery in China could more than double in growth between now and 2020, according to IGD.
IGD predicts the Vietnam convenience store market will grow by 37.4 per cent by 201, leading the region.
The Singapore online grocery market is set to more than triple in size over the next three years, according to research house IGD.
An IGD Singapore team has been set up by the international food and grocery research and training charity.
Asia grocery market sales are tipped to exceed those of Europe and North America combined within five years.
“Lead or lose” – that is the message for food and grocery businesses from IGD chief executive Joanne Denney-Finch.
The future of retail will be “very different” and there is a critical need to upskill staff says the CEO of IGD.
Indonesia’s Alfamart sales rose by 21.5 per cent to US$2 billion thanks to an aggressive store expansion program during the first half.
Carrefour China says it will concentrate on convenience store development for the rest of this year.
What can we learn from premium Asian retailers?