retail problem

Retail Asia21/08/2023

In the ever-evolving landscape of the retail industry, one constant remains: the relentless pursuit of continuous improvement to exceed customer demands. This journey, which aims to enhance operational efficiency, reduce waste, and elevate customer satisfaction, has historically been fraught with challenges. However, an impactful collaboration, stemming from automation, is positioned to transform the continuous improvement […]

Retail Asia12/12/2022

The recent layoffs by tech firms in the U.S.’s Silicon Valley have not significantly affected Vietnamese there, and things will return to normal soon, Le Chan, chief engineer at AI startup TruEra, tells VnExpress. Layoffs.fyi, the layoff statistics site, shows that more than 100,000 technology employees have been laid off in Silicon Valley this year, […]

Retail Asia31/03/2022

Sales at South Korea’s top department stores rebounded sharply in February from the previous month, government estimates showed on Tuesday, reflecting this year’s change of timing for the Lunar New Year holiday. Combined sales last month at department stores run by Hyundai Department Store, Lotte Shopping and Shinsegae Co rose 7.1 percent from a year […]

Retail Asia22/12/2020

The two sides will collaborate to enable a Buy-Now-Pay-Later solution for merchants in Southeast Asia. Razer Fintech, the financial technology arm of Singapore gaming and technology brand Razer, is expanding its fintech offerings and its payments ecosystem for customers with access to a buy-now-pay-later (BNPL) solution provided by Rely, it announced in a statement. The service will […]

Retail Asia15/06/2020

Malaysian retail trade sales plunged 32.5 percent year on year in April, according to the Department of Statistics Malaysia (DoSM). The significant decline occurred as many retailers were heavily affected by the imposition of the Movement Control Order. Retail sectors contributing to the negative growth included consumer goods in specialist stores, cultural & recreational goods, […]

Retail Asia03/06/2020

Vietnam retail sales have dropped just 4 percent over the first five months of this year, despite a four-week shut down due to the Covid-19 crisis. According to the General Statistics Office (GSO), the retail revenue reached more than US$82.36 billion from January to May. ‘Non-essential’ stores across the country were closed from the end […]

Retail Asia12/05/2020

The Covid-19 pandemic has erased US$420 billion from China’s retail market this year – but an analyst predicts a rebound in the second half. Vijay Bhupathiraju, a retail analyst at GlobalData says before the coronavirus came along, Mainland China was on track to achieve 7.7 percent retail growth this year. But the resulting lockdowns from […]

Retail Asia01/11/2019

Sneaker giant Nike India has more than halved the number of its retail partners, from around 350 to just 150. The cull is part of a global strategy to reduce the number of physical sales points to focus online and on its own flagship stores. Nike has singled out 12 major cities internationally where it […]

Retail Asia12/08/2019

Central Singapore retail rents eased by 1.5 percent in the second quarter of this year, according to data from the Urban Redevelopment Authority. That followed a smaller quarter-on-quarter decline of 0.2 percent in the three months to March 31. At the end of the June quarter, there were 320,000sqm of space in the pipeline, down […]

Retail Asia17/06/2019

Hong Kong International Airport’s one-stop online-shopping platform HKairportshop.com is making orders purchased via the platform ready for pickup at the airport 90 minutes after the purchase is made – including duty-free hard liquor. The e-commerce platform brings together more than 3000 products including popular makeup and fragrances, travel exclusive collections, wines, electronic goods, souvenirs and […]

Retail Asia04/06/2019

Nine out of 10 customers say a bad experience with a company impacts their future buying decisions, with 42 percent saying it stops them buying from a brand altogether, according to new research by customer service software company Zendesk. The firm’s Quantifying the Business Impact of Customer Service in Australia Report found that companies that fail to […]

Retail Asia20/05/2019

Suning.com’s first-quarter online sales soared 40.87 per cent as the company’s smart-retail strategy continues to drive the rapid growth. Operating income of RMB 62.2 billion (US$9.2 billion), represented a 25.44 per cent increase on the same period last year. First-quarter net profit was RMB 136 million. In a statement, Suning.com said during the first quarter […]

Tag: retail problem

Automation in Retail: A New Era of Continuous Improvement

Vietnamese unscathed by U.S. tech meltdown

South Korea’s retail sales rebounded in February

Razer Fintech Partners Singapore-Based Rely

Malaysian retail sales plunge 32.5 percent in April

Vietnam retail sales bounce back after virus outbreak shutdown ends

Covid-19 cuts US$420 billion from China’s retail market

Nike culls Indian retail partner network

Singapore retail store rents ease in second quarter

HKairportshop.com offers ‘world’s fastest airport pickup’ for Ecommerce Shoppers

Long wait times driving bad CX experiences

Suning.com’s Online Sales Soars