Asia
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Asia, World news - November 2021
India. And if live-commerce was not reserved for the Chinese market?
Myntra, a marketplace dedicated to fashion and beauty, is one of the first Indian retailers to test this new shopping model. The...
Ikea Australia will offer the sale of second-hand furniture on its website from the beginning of 2022. Its “As is” section will...
In early October 2021, the American Outlet Resource Group (TORG) announced a joint-venture with Village Groupe to launch into India....
Asia, World news - November 2021
India. Reliance Retail’s new Trojan horse in a fight against Amazon
In early October, Reliance Retail signed an exclusive franchise agreement for the American retailer 7/11 in India. Reliance intends to resume the...
Aged 40, Nipun Mehra created Ula in January 2020, and he has already received investment from Jeff Bezos, the iconic boss of...
Asia, World news - November 2021
Central Retail joins the world of immersive shopping
Central Marketing Group, a subsidiary of Central Retail (Thailand’s No. 1 retailer, with sales of €4.7 billion in 2020), is banking on...
A year ago, Auchan sold all business operations in mainland China to Alibaba in a €3-billion deal. However, the grocery retailer remained...
Asia, World news - November 2021
Japan. Retailers are hiring employees over 80
Faced with a labor shortage, Summit supermarkets (Tokyo) have pushed back the retirement age to 75. Nojima electronics stores decided to go...
Asia, World news - October 2021
China’s economy slows in Q3
Following the 2.3% increase of the Chinese economy in 2020, will the 6% target be reached this year?...
