Tag: future

Retail Asia03/10/2022
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9min0
Few people in the retail chain would argue that the role of the store is the same as it ever was. With the rate of change accelerating like never before, consumers are throwing new challenges at retailers faster than they can implement solutions. Events of recent years have brought into focus the impact that the […]

Retail Asia18/05/2021
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9min0
We have all seen the headlines and excess of statistics about the uptick in online shopping over the past year. The global boom in eCommerce is obvious, but what is less clear is the vast impacts the last year will have on traditional retailers in the longer-term as ‘new’ consumer behaviour now becomes the ‘norm’. […]

Retail Asia26/04/2021
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2min0
Facebook-owned messaging service WhatsApp currently allows users to set their messages to disappear 7 days after they are sent. WhatsApp-centric website WABetaInfo reports that the platform may soon expand the functionality. WhatsApp appears to be testing a new option that would make messages vanish automatically 24 hours after they have been sent. The feature has been in development for around […]

Retail Asia27/06/2019
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2min0
Ikea has developed a robotic furniture suite in collaboration with American start-up Ori that is set for roll-out first in Hong Kong. The Rognan furniture platform includes several items, including a double bed, workstation, wardrobe, media unit, bookshelf and sofa. They are designed with cramped city living spaces in mind, targeting residents of urban micro […]

Retail Asia03/06/2019
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2min0
Japanese beauty brand SK-II has partnered with The Shilla Duty-Free to bring Future X Smart Store to Changi airport. According to SK-II, the smart store merges the latest digital technology with in-store experience to deliver “a convenient and pressure-free shopping experience”. “Travellers from all over the world now have the chance to experience the brand’s […]

Retail Asia19/03/2019
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5min0
Once upon a time, the future seemed a long way off. Remember Tom Cruise in 2002’s Minority Report? And the famous shopping centre scene? Director Steven Spielberg recruited a panel of futurists to predict a far-off tomorrow that included responsive, personalised advertising and sales assistants, triggered by iris and facial recognition. Well, today, we’re living in […]

Retail Asia06/03/2019
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2min0
Malaysia’s Maxis has signed an agreement with Huawei during Mobile World Congress in Barcelona to accelerate 5G development in Malaysia. Under the agreement, the companies plan to collaborate on full-fledged 5G trials involving end-to-end systems and services. The memorandum of understanding was signed by Maxis CEO-designate Gokhan Ogut and CTO Morten Bangsgaard, as well as […]

Retail Asia01/03/2019
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1min0
Chinese e-commerce giant JD has announced it plans to recruit up to 15,000 staff this year – just a week after saying it would let go 10 per cent of its senior executives. The majority of positions expected to be filled this year will be in logistics, with up to 10,000 delivery and low-level management […]

Retail Asia01/03/2019
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26min0
Southeast Asia’s e-commerce market is set to exceed US$102 billion by 2025, according to a study by Google and Singapore’s Temasek. As more and more consumers are attracted to shopping online for convenience and they build trust in the channel, investors in the e-commerce industry are gaining confidence and seeking opportunities. That helped startups raise […]

Retail Asia28/02/2019
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3min0
Cross-border, cross-currency money-movement firm Western Union has unveiled a new payment option that allows Amazon customers in Hong Kong and other Asian markets to pay in local currency for their purchases. The service is being offered initially in 10 countries – Chile, Colombia, Hong Kong, Indonesia, Kenya, Malaysia, Peru, the Philippines, Taiwan and Thailand – […]

Retail Asia26/02/2019
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4min0
New research from market intelligence agency Mintel has suggested that convenience will drive the future of the Chinese smart-home market. However, affordability is the biggest barrier to purchasing, in an environment where today’s Chinese consumers are growing increasingly familiar with smart home devices. According to Mintel, as many as 68 per cent of urban Chinese […]

Retail Asia25/02/2019
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4min0
Chinese online retailer JD and Rakuten, the Japanese e-commerce firm, will collaborate on developing unmanned delivery solutions in Japan. According to a new agreement signed between JD and Rakuten, JD’s drones and autonomous delivery robots will be used in Rakuten’s unmanned delivery services, which the firm launched in 2016. The two companies will collaborate on […]

Retail Asia22/02/2019
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4min0
Korea’s Finance Minister Hong Nam-ki said once the world’s first 5G smartphone is introduced at the end of March and 5G connectivity is in full swing, life will improve significantly.  “Commercialized 5G is a core infrastructure of the fourth industrial revolution as it superconnects everything in real time and transfers massive amounts of data at […]

Retail Asia19/02/2019
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5min0
LG Electronics’ major release of the year will be dual display smartphones, which the company hopes will recover its reputation as consumers flock to next-generation 5G smartphones. “There were internal discussions on releasing foldable phones at the same time but we concluded not to apply the form to early 5G models,” said LG Electronics President […]


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