New Retail

Retail Asia08/11/2018

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Fung Retailing and Alibaba have formed a strategic partnership to launch more international lifestyle brands in Mainland China. The partnership will bring closer Alibaba’s 600-million user base and Fung Retailing’s 3000+ network of stores across Greater China, UK, France, South Korea, Singapore, Malaysia, Thailand and the Philippines. Its partly- or majority-owned businesses include Circle K […]

Retail Asia07/11/2018

Alibaba Group’s Tmall and Swire Properties are launching a New Retail initiative creating tailored retail experiences at Swire Properties’ five shopping malls in Mainland China. The partnership will bring benefits to customers in time for Alibaba’s 11.11 Global Shopping Festival on Sunday with Taikoo Li Sanlitun in Beijing the first brick-and-mortar shopping mall in Mainland […]

Retail Asia06/11/2018

Alibaba’s second-quarter revenue grew 54 per cent year on year, reaching RMB 85.1 billion ($US12.3 billion). Net income attributable to shareholders was RMB 20 billion ($2.9 billion), a 13 per cent year-on-year increase. “Alibaba had another strong quarter of rapid growth,” said Alibaba Group CEO Daniel Zhang. “Annual active customers increased by 25 million to […]

Retail Asia22/10/2018

Online grocery service Honestbee has opened a retail space which merges cashless grocery store with a restaurant and a testbed for new retail technologies. Habitat by Honestbee in Pasir Panjang is billed as “the world’s first tech-integrated multi-sensory grocery and dining destination of its kind”. While Chinese online behemoth Alibaba may well challenge that claim, […]

Retail Asia03/08/2018

Starbucks China and Alibaba have announced an alliance that stretches way beyond the latter’s online delivery platform Ele.me. The two companies describe their pact as “a deep, strategic New Retail partnership” that will enable a seamless Starbucks experience and transform the coffee industry in China. The partnership spans Ele.me, the food delivery platform acquired by […]

Retail Asia27/07/2018

Ele.me aims to grab a majority share of China’s food-delivery market in the near future, CEO Wang Lai, (pictured), said this week. Moving into Alibaba’s ecosystem has already created new and immediate opportunities for Ele.me and the 3 million-strong delivery force registered through its platform, Wang said. While core food delivery is likely to provide […]

Retail Asia29/06/2018

Chinese courier firm SF Express has opened its first New Retail store in Chongqing. The 3000sqm four-level “Wow Global Specialty Products Shop” is now the largest site in the city using the cross-border New Retail model, a mode of selling that involves data analytics and omni-channel technologies to effect an online/offline crossover. Chongqing is among […]

Retail Asia01/06/2018

Alibaba’s Tmall, China’s leading B2C online marketplace, wants to give wine selection and consumption a 21st century upgrade. At Vinexpo Hong Kong this week, Tmall unveiled a host of new technologies for the industry, including an automatic wine store, initiatives far from the grape-stomping and oak barrels of old. Tmall showcased a “Future Bar,” which included facial-scanning […]

Retail Asia29/05/2018

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Alibaba Group has bought a minority stake in Ordre, a European online luxury wholesale platform. Ordre, launched in 2015, allows fashion designers to show off their collections via 360-degree photography and virtual reality to interested wholesale buyers. The technologies make it more convenient for buyers, who aren’t always able to travel due to time and distance constraints, […]

Retail Asia16/03/2018

A shift by brands to a New Retail model is imperative to remain relevant and competitive in China, according to a joint report from AliResearch and Bain & Co. The report, the most complete to date, offers a look at the blueprint for how companies and brands can seamlessly meld their online and offline channels, providing a […]

Retail Asia08/03/2018

Tmall will this year work with top beauty brands such as Estee Lauder and Lancome to help them surpass RMB 1 billion (US$157.9 million) in annual sales on the platform. The increased focus on the beauty sector will also see Tmall deliver an updated suite of New Retail solutions so that all merchants can better […]

Retail Asia05/02/2018

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Continuing momentum in Alibaba Group’s New Retail business helped drive a 56 per cent year-on-year growth in sales for the quarter to December 31. The performance of the New Retail category – which combines its online (non-marketplace) and fast-growing offline retail businesses, including investments in Sun Art Retail and other established businesses – was a […]

Tag: New Retail

Fung Retailing, Alibaba to collaborate bringing lifestyle brands into China

Tmall, Swire Properties launch New Retail initiative

Alibaba’s second-quarter revenue jumps high

Honestbee risk losses with new experimental offerings

Starbucks and Alibaba form New Retail Partnership in China

Ele.me big ambition ready to dominate China’s food-delivery market

SF Express Entering New Retail with Shop in Chongqing

Alibaba shows off automated wine store in Hong Kong

Alibaba backs virtual showroom startup Ordre

Shift to New Retail ‘imperative’

Tmall taps 10 beauty brands for omnichannel growth

Alibaba to thank New Retail for Its record sales