Tag: omnichannel

Retail Asia29/11/2022
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3min0
The world’s largest container shipping line Maersk and U.S. express delivery company FedEx are seeking to enter Vietnam’s e-commerce logistics market. Ditlev Blicher, regional managing director for Asia-Pacific, A.P. Moller – Maersk (Maersk), was in the country this week, three months after the Danish company spent US$3.6 billion on acquiring Hong Kong firm LF Logistics. […]

Retail Asia28/11/2022
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3min0
The world’s largest container shipping line Maersk and U.S. express delivery company FedEx are seeking to enter Vietnam’s e-commerce logistics market. Ditlev Blicher, regional managing director for Asia-Pacific, A.P. Moller – Maersk (Maersk), was in the country this week, three months after the Danish company spent US$3.6 billion on acquiring Hong Kong firm LF Logistics. […]

Retail Asia15/07/2022
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11min0
Brand loyalty in the retail sector is on life support. In a fragmented omnichannel environment, comparison shopping, household budgetary pressures and online price transparency are driving declines in customer loyalty – and leading to tighter margins in the retail sector. As traditional retailers struggle to find a competitive edge in such a market, brick-and-mortar stores […]

Retail Asia20/04/2022
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2min0
Central Retail has invested US$3 million to build Tops Market’s first standalone supermarket, on Bangkok’s Pattanakarn 30. Catering to the residential areas in Eastern Bangkok, the new standalone supermarket spans 3400sqm, housing more than 17,000 items across seven zones, including Healthiful, Snacker, Asian Flavours and Petster. Tops Market Pattanakarn 30 offers omnichannel with personal shopper […]

Retail Asia16/09/2021
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3min0
JD.com launched the “JD MALL” brand, the upgraded version of its E-Space omnichannel retail experience store on September 14, via an online press conference. The new shopping destination will first debut in Xi’an, China, on September 30. With an area of 42,000 square meters across five floors, JD MALL in Xi’an offers an immersive omnichannel […]

Retail Asia16/06/2021
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6min0
South Korean retail giants Lotte Shopping and Shinsegae Group have submitted separate letters of intent for online marketplace eBay Korea, the retailers’ spokesmen confirmed on Monday. It is a deal that will almost certainly shake up the country’s e-commerce retail segment, potentially propelling one of the country’s largest retailers into becoming the leading omnichannel operator in […]

Retail Asia23/03/2021
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1min0
The omnichannel fashion platform has launched a localized online store in the Philippines as part of its digital expansion across Southeast Asia. According to Pomelo, monthly orders from the Philippines currently account for around 10 percent of Pomelo’s total orders. Coinciding with the brand’s eight-year anniversary, the launch will help the brand strengthen their presence […]

Retail Asia08/02/2021
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4min0
TUMI, the leading international travel, lifestyle, and performance luxury brand, launches the breakthrough TUMI Virtual Store to debut its Spring 2021 collection, delivering an immersive and enhanced omnichannel experience to customers in Asia Pacific and the Middle East. Ushering in a creative new age of digital retail that connects fans with the brand like never […]

Retail Asia25/01/2021
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1min0
Global e-commerce business eBay is reportedly selling off its Korean businesses G-Market, Auction, and G9, in a deal worth $4.5 billion (5 trillion won). eBay is exploring a number of “strategic alternatives” for its Korean business and is looking for options that will maximize value for shareholders and create growth for the wider business. “From […]

Retail Asia04/11/2020
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2min0
Thai-based omnichannel fashion platform Pomelo has launched a redesigned version of its online platform which features multiple brands. Besides offering in-app exclusive live streaming, the new app houses more than 100 brands on its Thai version, including Vans, Converse, L’Occitane, and local brands such as Rally Movement and Matter Makers. But the company told Inside […]

Retail Asia11/08/2020
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4min0
Aptos, a recognized market leader in retail technology solutions, today announced that The SM Store, the largest department store chain in the Philippines, will deploy Aptos Merchandise Financial Planning to optimize its omnichannel merchandising strategies. The solution will provide end-to-end support for the retailer’s merchandise planning activities across its bricks-and-mortar and online channels. The SM […]

Retail Asia24/01/2020
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3min0
United Overseas Bank (UOB) announced the launch of Hangout@UOB, a new branch concept designed and managed by Singapore Polytechnic students. A four-week design process of the branch enabled interior design and architecture students to put into practice the skills they have learned in school, the lender said. The final space is based on the final concept presented […]

Retail Asia15/01/2020
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1min0
Walmart India will let go around a third of its top executives at its Gurugram headquarters. The retailer has been struggling in the territory and is now responding by laying off more than 100 top-level executives, with more terminations expected to come later. It will also close its Mumbai fulfillment center and its largest warehouse, […]

Retail Asia02/01/2020
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1min0
Indian omni-channel eyewear retailer Lenskart has raised an investment of US$275 million from SoftBank Vision Fund. Several of the firm’s existing investors sold their stake in the business during the latest Series-G financing round. The new funding has lifted the firm’s total investments to date to $456 million, leaving Lenskart with a valuation of more […]


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