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A fresh global study reveals how Artificial Intelligence is reshaping the workforce—encouraging collaboration, creativity, and leadership. The discourse surrounding Artificial Intelligence (AI) often leans toward apprehension about job loss. However, a…
Retail News Asia has been a key source of retail industry news in Asia for 13 years. This online platform provides valuable information, market trends, and breaking news to businesses and consumers na…
Southeast Asia’s retail scene in 2025 is a booming hub of growth and potential, fueled by a young, tech-savvy population of over 600 million consumers. The region’s retail market has evolved into a vi…
Japanese convenience store chain Lawson plans to raise its store count in overseas markets and accelerate growth in Southeast Asia over the coming years. The chain is targeting 14,000 overseas stores over the next six years. Its international network…
As major sales events reshape Asia’s retail landscape, brands must prepare for a surge in online purchases—and the subsequent rise in retail returns. With processing costs climbing and consumer expectations for seamless experiences higher than ever, efficient…
With ecommerce projected to capture 41% of global retail sales by 2027, it might seem counterintuitive for retailers to continue investing in new and existing physical stores. Yet, retailers like Fujifilm, Sketchers, and North Face are not only maintaining…
Singapore retail sales – excluding motor vehicles – continued to decrease in August, but at a slower pace compared to the previous months. The city-state saw a 1.5 percent drop in retail sales for the month, a slight improvement from the 2.3 percent reduction…
Singapore retail sales dropped 2.3 percent in July after motor vehicles were excluded from the data, compared with the 3.1 percent decline in June. According to the Department of Statistics, the estimated total retail sales value in July was SG$3.4 billion…
In recent years, the concept of ‘Permacrisis’—a term denoting prolonged periods of instability and insecurity, sparked by concurrent catastrophic events—has gained prominence. This term not only encapsulated the essence of 2022 but continues to hold relevance…
Singapore retail sales – after excluding motor vehicles from the data – dropped 2.1 percent year-on-year in January, following the 2.8 percent decrease in December. According to the Department of Statistics, January retail sales edged up 0.5 percent on a…
The second-largest hardware chain in the U.S. has finally decided to support Apple Pay. For those who don’t know what Apple Pay is, it is the mobile payment service that allows an iPhone user to select a credit, debit, or prepaid card from the Wallet app and…
Continued revival of inbound tourism and private consumption helped Hong Kong’s retail sales notch a 10th consecutive month of growth in September, though it was slower than in previous months, official data showed on Wednesday. Sales increased 13 percent…
Vietnam and the U.S. should further promote the Comprehensive Strategic Partnership more effectively and substantively, focusing on economic cooperation, said Prime Minister Pham Minh Chinh. The PM made the statement at a reception in Hanoi on Wednesday for…
South Korea’s retail sales grew 3.3 percent year over year in August on the back of higher sales in convenience stores super super market (SSM) operators, and online cosmetics and food retailers. The Ministry of Trade, Industry, and Energy (MOTIE) surveyed 13…
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…
Its net profit stood at THB2.31b during the quarter. Central Retail Corporation (CRC) reported its net profit grew by more than 75% year-on-year to THB2.31b in the first quarter. Over the same period, the company’s total revenue went up by 12% to THB63.2b.…
