New Retail Archives - Inside Retail Asia
The current retail landscape is evolving at a rapid pace, forcing both brands and retailers to adapt quickly, explains Simon Clarkson.
Online and New Retail concepts in China are driving FMCG growth according to a report by Bain & Company and Kantar Worldpanel.
Vietnam retail-management company Seedcom’s revenue has grown by 520 per cent in just four years, driven by its focus on New Retail.
Alibaba executive chairman Joe Tsai confident his company is on the right side of the trade war between the US and China.
Local services – the use of online platforms to link consumers with offline lifestyle services and on-demand delivery – are booming in China.
Happy Lemon has teamed up with Koubei, Alibaba Group’s local-services app, to upgrade its in-store technology, including a new drink-making robot.
Fung Retailing and Alibaba have formed a strategic partnership to launch more international lifestyle brands in Mainland China.
Tmall and Swire Properties are launching a New Retail initiative creating tailored retail experiences at Swire Properties’ five mainland malls.
Alibaba’s second-quarter revenue grew 54 per cent year on year, reaching RMB 85.1 billion ($US12.3 billion).
Next Retail is shaping up as the successor to China’s burgeoning New Retail industry, says Mintel.
Habitat by Honestbee in Pasir Panjang is billed as “the world’s first tech-integrated multi-sensory grocery and dining destination of its kind”.
Alibaba Group revenue soared 61 per cent in the second quarter as the company added 24 million active annual consumers.