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Chinese online retailer Taobao is endorsing a spin-off physical store in Malaysia. The 5000sqft Taobao Selection store in Kuala Lumpur’s Viva Home Shopping Mall is the first in Southeast Asia, opening in collaboration between local operator Lumahgo, Taobao…
The retail sector in India has been evolving at a swift pace. Rapid urbanisation and digitisation, rising disposable incomes and lifestyle changes – of particularly the middle-class – are major contributors to the revolution of the retail industry. In a…
While many traditional retail stores have embraced technology by having an online presence, online retailers are now opening physical stores (mainly concept stores) in Malaysia, in line with global trends, to gauge feedback on products. Retail consulting firm…
An overwhelming number of generation Z, also known as post-millennials, prefer visiting a store as the final step in their shopping process, new research has found. In its Evolution of Retail 2017 Generation Z shopper survey, Euclid Analytics found that 66…
Some brands are even advertising via Snapchat. In a fast-paced and technologically-savvy city-state such as Singapore, brick and mortar shops of retailers, however traditional, may not be adequate anymore. According to a report by Cushman and Wakefield,…
The reality of retail is shifting. Retailers now operate in an environment of big data, new technologies, blooming online marketplaces, hybrid consumption patterns and fragmented needs. Shoppers are more empowered and increasingly demanding when it comes to…
Store-based retailing will continue to rule. The rise of e-commerce will be insufficient to dethrone brick-and-mortar shops in Singapore, according to a report by RHB Research. RHB noted that even if the popularity of online shopping continues to grow,…
