Retail News CRM

Category: E-Tailing

Retail News Asia is committed to providing both local and global retailers with the latest E-Commerce & Etail news throughout the Asian market. This on a daily base.

  • Online Friday sale reaches USD7.2m in Vietnam

    Online Friday sale reaches USD7.2m in Vietnam

    Traders recorded a sale of VND154 billion (USD7.23 million) in the first ever Online Friday event in Vietnam, announced the Vietnam E-Commerce and Information Technology Agency (VEITA) on Monday.

    VEITA said that more than 1,000 traders who showcased 3,226 products participated in the shopping event held on the first Friday of December (5 December) via two websites, ngaymuasamtructuyen.vn and onlinefriday.vn.

    The VEITA said that hi-tech devices, fashion and consumer products accounted for more than 80 per cent of the total orders.

  • After Delhi-NCR, Snapdeal to offer home services in other metros

    After Delhi-NCR, Snapdeal to offer home services in other metros

    E-commerce giant Amazon.com might be planning to launch local handymen services in the Indian market after having done it in the US a few months ago, but Snapdeal.com has already started providing plumbing, electrical and other household services in some cities.

    The Gurgaon-based company, the second largest online marketplace in the country, is betting big on the growing needs of consumers for such services.

    After a pilot project in Delhi and NCR in October, the company has started offering the services in Bengaluru last month, and will go live with Mumbai, Hyderabad, Chennai and Pune in January. By March next year, it plans to target about 10 more cities, where people can call for a plumber, electrician, hardware professionals, carpenters and home cleaning services online.

  • Wildcraft to add 50-60 stores in India by 2016, eyes overseas markets

    Wildcraft to add 50-60 stores in India by 2016, eyes overseas markets

    Even as global active lifestyle brands are rushing into India, home-grown outdoor gear brand Wildcraft has said it is eyeing opportunities to take its brand to West Asian and South Asian markets.

    “We have designed our products keeping in view the local climatic conditions. West Asian and South Asian markets can well do with our kind of products. We are planning to venture into those countries with the distribution model,” Gaurav Dublish, co-Founder, Wildcraft, toldBusinessLine.

    In India, Wildcraft has 120 retail outlets, largely company-owned and operated. “We plan to add 50-60 stores by 2016,” said Dublish, adding the investment outlay is expected to be about INR18 crore (INR180 million, USD2.8m). Wildcraft stores are typically 500-600 square feet.

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  • Pricey Singapore: Savvy shoppers go online

    Pricey Singapore: Savvy shoppers go online

    A recent Visa study found that 26 percent of Singaporeans shop online at least once a week – the highest in Southeast Asia. And analysts say that with mobile phone apps that allow consumers to hunt for bargains anytime in a city that is ranked most expensive in the world, the potential for growth in the online retail sector cannot be underestimated.

    Lazada, also known as “Asia’s Amazon” for its online offerings of electronics, toys and other general items was founded almost three years ago and is one online retailer that has made headway in Singapore in recent years. Others include fashion website Zalora and online grocer RedMart.

    There is 19 percent year-on-year growth in e-commerce transactions performed by Visa cardholders in the city, Visa Country Manager for Singapore and Brunei Ooi Huey Tyng was quoted in the local media last month as saying.

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  • Zalora offers same-day delivery in 5 ASEAN nations

    Zalora offers same-day delivery in 5 ASEAN nations

    Zalora, Asia’s online fashion destination, on Thursday announced its new same-day delivery service, making it the only regional online fashion retailer to offer such a facility.

    Its regional managing director Michele Ferrario said in a statement that customers can choose the same-day delivery option at checkout on selected items for a nominal fee.

    “With the new service, we are further committing ourselves to customers who lead busy lives. It also comes with other customer-centric services such as free shipping for orders over a certain amount, self-collection and cash on delivery.”

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  • Australia’s slow economy puts brakes on online retail

    Australia’s slow economy puts brakes on online retail

    Online retailing has been belted by Australia’s economic woes, with November’s sales figures recording the slowest monthly and annual growth since the series was first compiled.

    And some bricks-and-mortar retailers are also doing it tough, with shares in outdoor equipment retailer Kathmandu plunging 20 percent after poor Christmas sales forced the company to issue a profit warning.

    According to National Australia Bank, not only are November’s online sales down 0.2 percent on October, they are only 3.9 percent higher year-on-year.

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  • Lotte Mart opens 10th supermarket in Vietnam, to have 60 stores by 2020

    Lotte Mart opens 10th supermarket in Vietnam, to have 60 stores by 2020

    The South Korean retailer Lotte Mart on Thursday opened its 10th supermarket in Vietnam in Tan Binh District of HCM City, contributing to its expansion nationwide.

    Located at 20 Cong Hoa Street, Lotte Mart Tan Binh has investment capital of USD9 million and covers an area of over 8,500square metres.

    The supermarket operator, which came to Vietnam in 2008, plans to have 60 stores nationwide by 2020.