Asia news & analysis

24 June 2022
Protein-alternatives is likely to expand in Asia with innovative products, new ways of distribution and production facilities. 1. Insects in vending machine by Sanpuku Holdings The vending machine which promotes the snacks as "highly nutritious meals of the future," is the first of its kind in western Japan's Shikoku region. There are nine types of insects available including fried crickets...
23 June 2022
7-Eleven opens its first ever beachfront store in Singapore, in partnership with Tiger- Beer to reimagine convenience shopping with a refreshing twist.   Source: (7-Eleven Singapore Facebook) Beachfront Store in Singapore The new store, in partnership with Tiger Beer, will be a beachfront store at Palawan Beach, Sentosa. Apart from eye-catching aesthetics that would make for a gre...
21 June 2022
Watson’s first standalone store with drive-through service opens in Johor Bahru. New lifestyle concept The 4,865 sq ft store caters to shoppers in Johor Bahru and its neighbouring country in Singapore, about 15km from the border. Shoppers can make purchases through Watsons Mobile App and use the Click & Collect service to pick up their orders within four hours from the drive-through counter...
21 June 2022
Our latest research reveals that Walmart’s revenue is set to reach almost $750 bn by 2027. Between 2021 and 2027 it is expected to grow by 4.7% on a CAGR basis, reaching $747.6 bn. $180 bn growth opportunity Our new report Strategic outlook for Walmart , reveals that Walmart’s growth will be led by its operations in the USA, India and Mexico. Over recent years the retailer has recast i...
01 June 2022
The Thai Retailer takes over 18 Kiwi Mart stores in order to appeal to a larger pool of customers. Acquiring Kiwi Mart in Cambodia In a strategic move to expand operations in ASEAN, the superstore acquires 24 hour convenience retailer, Kiwi Mart, majority of who’s stores are located in Phnom Penh. This will enable Big C to be closer to Cambodian shoppers, who have a rising purchasing powe...
31 May 2022
The retail giant plans to invest IDR 3.5tn (USD 240.7mn) for its growth strategy in 2022. Adding capacity to its store and warehouse networks The funds are to be allocated to open new stores, paying overdue outlet leases, buying land and building warehouses to reach a greater number of shoppers in Indonesia. Through the first quarter of 2022, Alfamart has already added 317 new stores i...
24 May 2022
Asia retailers are supporting shoppers by offering special prices on special days in Asia, with some offering locked prices over a longer period.     Lowering prices in Vietnam with Saigon Co.op After the COVID-19 epidemic season, the retailer recognises that essential goods is not only food, but also includes medical supplies and equipment such as medical masks . There are also diffe...
23 May 2022
Co-working spaces, hybrid stores with additional services, and range evolution: three ways leading Asian convenience operators are adapting to meet changing shopper needs as markets emerge from Covid-19. 1. Co-working spaces 7-Eleven in Taiwan has introduced private working spaces above one of its stores in Taoyuan, reports Focus Taiwan. Rates of NTD 100 (USD 3.4) per hour mean the 14 rooms...
23 May 2022
After two disrupted years, rather than a return to normality, the eating out sector is facing a new set of challenges.  The issues outlined in our UK Eating Out Market Forecasts 2022 , such as rising costs, staff shortages and financially-stretched consumers, are shared by many countries around the world.   These significant headwinds may slow recovery, however we anticipate a period of inten...
16 May 2022
The sustainability initiative is piloted by A.S Watson at the Serpentine Green Shopping Centre Superdrug store in Peterborough, UK. This follows some of the efforts introduced in its Asian stores like the refillable stations and plastic recycling programs. New Greener Stores Global Framework The global framework for sustainable practises introduced by A.S Watson takes a holistic approach ...