Category: General

Retail Asia10/04/2020
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3min0
Recently, WhatsApp has been getting a lot of features, most of which are related to the fight against the coronavirus misinformation spread. However, this time, the new features are not COVID-19 related. There is a new beta for WhatsApp Android that has been revealed and WABetaInfo reports that it is offering us some appealing functionalities. Firstly, there […]

Retail Asia09/04/2020
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3min0
Singapore mall operators are waiving rents for tenants as the city-state enters a shutdown period to control the spread of the coronavirus. The waiver is being extended to all tenants at Suntec City, including those permitted to remain open for business, such as supermarkets and pharmacies, and is being funded entirely by the landlord. Suntec […]

Retail Asia09/04/2020
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3min0
After recent events, related to some conspiracy theories linking the ongoing coronavirus pandemic with the development and launch of 5G networks around the world, social media giants were urged to better moderate misinformation and harmful theories on their platforms. BBC now reports that YouTube has decided to impose a more strict policy in regards to related to the […]

Retail Asia08/04/2020
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1min0
Familymart Taiwan is aiming to open 220–230 new stores in the territory this year, as the Japanese convenience-store chain franchise, emerges unaffected by the coronavirus turmoil. The firm’s takings in this year’s first financial quarter are anticipated to rise 8.4 percent year -on year to NT$19.71 billion (US$652.3 million). FamilyMart Taiwan reported net earnings of […]

Retail Asia08/04/2020
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9min1
Shenzhen’s multi-brand jeweler Ideal has transformed its 18-year-old traditional business model to a New Retail business virtually overnight in light of the coronavirus crisis. The retailer rolled out a transformation initiative dubbed “Thousand People, Thousand Stores” by establishing ‘online cloud stores’ through live streaming, turning its ranks of sales associates into live stream broadcasters. The […]

Retail Asia07/04/2020
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2min0
Singapore retail sales in February fell by 10.2 percent, excluding motor vehicles.  Including motor vehicles, sales were down by 8.6 percent year on year. In releasing the data, Statistics Singapore attributed the decline to falling sales of discretionary items due to fewer inbound tourists and lower domestic consumption in the wake of the coronavirus pandemic. […]


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