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  • Massive 7-Eleven rollout planned

    Massive 7-Eleven rollout planned

    Listed Philippine Seven Corporation (PSC), the local licensee of 7-Eleven Convenience Stores, will boost its capital spend this year by 50 per cent to expand its network.

    The company says it ended 2014 with 1282 stores – 273 more than at the same time a year earlier. It opened 286 and closed 13 during the year.

    Now it says it will spend P3 billion (US$68 million) in 2015 to fund an “accelerated store expansion strategy”.

    Some 350 stores could be added by the end of the calendar year with PSC eager to take the brand further beyond metro Manila.

    Jose Victor Paterno, president and CEO, said the long-term growth prospects for convenience store retailing in the nation are favorable.

    He believes the organisation can sustain its momentum to meet earnings and store expansion goals.

    “PSC has taken steps to protect and expand its leadership in light of increased competition, recognising that rewards for market share are especially strong in the convenience store sector.”

    Philippine Seven Corporation operates the largest convenience store network in the country. It acquired the licence for 7-Eleven in the Philippines from Southland Corporation (now Seven Eleven Inc.) of Dallas, Texas in December 1982.

  • Taiwan electronics chain stores roll out CNY deals

    Taiwan electronics chain stores roll out CNY deals

    The nation’s two major electronics retailers E-Life Mall and Tsann Kuen have kick-started special sales to prepare for the upcoming shopping season for Chinese New Year. Up to 25-percent discounts are offered for their large-size televisions, and the sales are expected to generate high revenues for the two electronics stores in January.

  • Fifty shades of lingerie to light up retail this year

    Fifty shades of lingerie to light up retail this year

    Retail experts are tipping women’s intimate apparel as one of the hot spots for the sector this year with the release of the steamy movie Fifty Shades of Grey expected to trigger a rise in sales of lingerie and related “items”.

    Being billed as the “movie event of 2015”, it is the adaption of the best-selling book and lingerie retailers can’t wait for its release.

    Although a discretionary category, lingerie sales have been higher in the past year, as consumers look to spoil themselves with a one-off purchase. This demand, which has also been out-pacing even jewellery sales, has led to the opening of more stores, including the overseas-based Victoria’s Secret outlets and the Agent Provocateur, both of which are on the hunt for more stand-alone stores across Australia.

  • India’s Snapdeal ventures into TV commerce shopping

    India’s Snapdeal ventures into TV commerce shopping

    India’s online marketplace Snapdeal.com recently launched a 50:50 joint venture with DEN networks to launch a TV Commerce channel.

    The DEN Snapdeal TV shop is urrently available for viewers on channel number 132 on DEN cable network and will be extended to other cable and DTH networks in the course of the next six months.

    The move is seen to benefit customers who have limited access to Internet services, particularly in Tier 2 and 3 cities further hampered by lack of physical access to top retail products and brands at competitive prices.

    DEN Networks Ltd. reaches about 13 million households in over 200 cities across 13 states in the country. Snapdeal.com said it will use this distribution network to provide customers easy access to products across home, lifestyle and electronics categories with great value deals.

    “India is a country with many heterogeneous segments of consumers, and we believe that by reaching 150 million households with 600 million people that have a TV, we can create another revolution through TV Commerce,” Kunal Bahl, Co-founder and CEO Snapdeal.com said.

    The pilot was launched in September in select geographies and so far the channel has posted a growth rate of 200 percent month-on-month since inception.

    Sameer Manchanda, CMD, DEN Networks, said the response to the pilot has been very encouraging and the parters are confident the DEN Snapdeal TV Shop will be received well by viewers.

    The plan is to take the DEN Snapdeal TV shop to 100 million households across India over the next 12 months.

  • SSI launches online store in Philippines

    SSI launches online store in Philippines

    An online store recently launched in the Philippines by Stores Specialists will soon become the nation’s online gateway to global brands.

    Stores Specialists Inc is a member of the SSI Group, the number one lifestyle specialty retailer in the Philippines, a member of the Rustan’s Group of companies. It manages leading fashion, luxury and lifestyle brands like Gucci, Prada, Anne Klein, Ferragamo, Michael Kors, Hamley’s and Pottery Barn.

    The new website, SSI Life offers shoppers the opportunity to purchase a curated array of products from the SSI Group’s roster of brands in a convenient ‘anytime-anywhere’ online platform.

    The site carries a curated array of products from 25 international brands now, with more to be added in the following months. The site currently includes a selection from Marks & Spencer, TWG Tea, Oliviers & Co, Payless Shoe Source, Nine West, Aerosoles, Bass, Superga, Steve Madden, MBT, OkaB, A/X Armani Exchange, Replay, High Sierra, Samsonite, Make Room & More and Beauty Bar.

    Anton Huang, president of SSI Group, Inc, says the website offers shoppers the opportunity to purchase from SSI’s portfolio of international brands while experiencing the same premium service the company is trusted for at store level, on an online platform.

    “We are the only eCommerce participant that is able to implement an Omni-channel approach, where our bricks and mortar stores will complement the online shopping experience of our customers and vice-versa,” he said.

    In time the company will take its growing portfolio of international brands – now numbering 106 – in over 600 store locations, to a 24-seven digital retail platform.

    “We will deliver our commitment of “Bringing the Best of the World to the Philippines” to a poised and ready growing online lifestyle shopping market,” said Huang.

    SSI says it is committed to customer satisfaction not just through its selection of brands, but with a guarantee to deliver a unique digital shopping experience. Through SSI Life, customers are able to tailor their shopping experience with options to browse and purchase online or browse online and purchase offline in stores.

    More brands will be added in the months to come following the site’s soft launch last November with an initial 17.

  • Aeon plans 500 Thai stores

    Aeon plans 500 Thai stores

    Japanese retailer Aeon is planning to increase its supermarket network in Thailand to 500 outlets by 2020.

    But this year it has scaled back its expansion plans due to what it considers to be a subdued retail market.

    Aeon currently has 76 supermarkets in Thailand most trading under the MaxValu brand, shops which are larger than convenience stores but smaller than full scale supermarkets. Many trade 24 hours.

    The company had planned to open 30 new stores this year but now says it will open just 15 new ones. Next year will see 40 new stores, and then 100 each year through to 2020. About 80 per cent will be MaxValu stores, the rest full sized supermarkets.

    GM Keiji Ono told the Bangkok Post that Aeon would invest up to 400 million baht (US$12.3 million) on upgrading existing stores and opening new ones.

    “We will penetrate the market in provinces in the Northeast such as Ubon Ratchathani and Udon Thani in order to exploit the expected economic boom from the coming regional pact of the Asean Economic Community,” he said.

    New MaxValu stores will soon open in Laem Chabang and Pattaya.

  • Goubuli runs Australian coffee chain

    Goubuli runs Australian coffee chain

    Goubuli, a renowned Chinese restaurant chain known for its steamed stuffed buns, said they sealed a deal with Gloria Jean’s Coffees to operate the Australian brand in China.

    Tianjin Senyongtai Food and Beverage Co, a subsidiary wholly owned by the Goubuli Group, will hold an 80 percent stake in “Tianjin Glory”, a new joint venture that will operate Gloria Jean’s coffee brand in China under the deal reached on 25 December, Goubuli’s Board Chairman Zhang Yansen said on Wednesday.

    The Australian firm will hold the remaining 20 percent, he said.

  • Voylla.com to open 25 offline retail stores in offline expansion plan

    Voylla.com to open 25 offline retail stores in offline expansion plan

    Voylla.com, a jewellery and accessories shopping website run by Bengaluru-based Voylla Retail Private Limited, is planning to set up exclusive offline stores to consolidate its presence in the Indian fashion imitation jewellery industry, said its founder and chief executive officer Vishwas Shringi.

    The two-year-old company, which currently has three offline stores, including one in Bengaluru, is gearing up to launch 25 shop-in-shops across the country in tie-up with retail chains like Future Group’s Central within the next one-and-a-half year.

    Voylla.com is the latest to join the league of ecommerce players entering the offline retail business. While Flipkart has opened its first brick-and-mortar store “Fliptomania” in Bengaluru and online jewellery store Bluestone.com launched outlets in Bengaluru, Mumbai and New Delhi in 2014, online fashion retailer Myntra.com is gearing up to roll out offline stores in due course.

  • FENDI launches e-commerce globally

    FENDI launches e-commerce globally

    FENDI (LVMH Group) announces the launch of its e-commerce in 28 European countries starting with this year. Japan will be followed by the US in 2016. The strategic retail approach towards e-commerce follows many other top luxury fashion brands, with several to follow suit by the end of this year.

  • Indonesia set to ban liquor sales in mini markets

    Indonesia set to ban liquor sales in mini markets

    Indonesians looking to buy a cold beer from one of the country’s ubiquitous minimarts come the end of the month will soon find themselves out of luck.

    Trade Minister Rahmat Gobel has reportedly signed a regulation that will ban small, modern retail chains such as Indomaret, Alfamart, Circle K and 7-11, from selling alcoholic beverages, including beers and pre-mixed drinks with less than 5 percent alcohol.

    The regulation, which local media have reported was signed by the minister on 16 Jan., affects mini markets only. Supermarkets and hypermarkets, such as Carrefour, will still be able to sell booze.

  • India malls turning friendly for the disabled

    India malls turning friendly for the disabled

    Malls are doing their bit to make the world a better place for people with disability. With Braille signage, wheelchair on call, disabled-friendly washrooms and specially allotted parking space, malls are looking to increasing footfalls by becoming more socially conscious.

    Interestingly, several States such as Maharashtra, Karnataka and Tamil Nadu have also asked mall managements to remove “infrastructure snags” and create a conducive environment for people with disabilities.

    According to the 2011 Census, the number of disabled in India is 26.8 million — 15 million men and 11.8 million women.

  • Kathmandu names Xavier Simonet new CEO

    Kathmandu names Xavier Simonet new CEO

    New Zealand-based outdoor clothing retailer Kathmandu on Friday announced the appointment of Xavier Simonet as the new CEO of the company.

    Simonet is currently the CEO of Radley, a London-based brand with a product range covering women’s handbags, luggage and a wide range of accessories. Simonet will relocate to Melbourne to take up the role after working out his notice period with Radley.

    Prior to joining Radley, Simonet was Vice President & General Manager, International for apparel & underwear group DB Apparel and prior to that he was the International Director of Seafolly Group based in Sydney.

    Simonet began his career with LVHM where he worked for 11 years in France, Scandinavia, Singapore, Australia, Hong Kong, and the UK and Ireland before returning to Australia to join Seafolly.

    “We have undertaken a comprehensive international search to fill the role and we are delighted Xavier has agreed to join Kathmandu as our new Chief Executive Officer,” said David Kirk, the Chairman of Kathmandu.

    “Xavier has wide experience in retailing and brand development in Australia and in many international markets. He has a proven track record building brands and developing successful retail businesses in fashion, apparel, accessories and related products,” Kirk added.

  • Hooters in major Asian roll-out

    Hooters in major Asian roll-out

    Hooters of America has signed an extensive development agreement to open 30 new Hooters QSR restaurant locations throughout Southeast Asia over the next six years.

    After introducing the concept to Thailand with the opening of Hooters Phuket, international franchisee Destination Resorts has set sights on Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, as well as Hong Kong and Macau.

    The initial focus will be on Hong Kong, Thailand and the Philippines.

    Hooters is already well established through other partnerships in mainland China and Singapore.

    “The moment the doors opened to Hooters Phuket we realised the tremendous opportunity to greatly broaden our efforts to develop the Hooters brand across Asia,” said Gary Murray, CEO, Destination Resorts Co.

    “We pride ourselves on introducing fresh, exciting concepts to our guests, and the unparalleled Hooters dining experience fits that profile.”

    Hooters, derided by many for its concept of attractive women in tight or skimpy clothing serving ordinary, primarily deep fried food to customers, appears to have exhausted its growth potential in its home market and has failed to capture customers in forays into other western market, such as Australia. Now it is eyeing Asia for growth, recognising locals are currently ready to embrace pretty much any US fast food concept or brand.

    Less than a year after Hooters Girls first welcomed guests in Patong, Phuket, Destination Resorts says it will dedicate “significant capital and resources” to an expanded Hooters venture, continuing growth in Thailand and concentrating heavily on Hong Kong and the Philippines and on the other new countries.

    “Destination Resorts Co. brings a wealth of hospitality and restaurant industry expertise, overseeing premier resorts and travel destinations in multiple Asian markets,” said Mark Whittle, senior VP of global development with Hooters of America.

    “Following the warm welcome of Hooters Phuket, we’re confident our franchise partner will realise continued success as we work together to spread Hooters wings in additional markets.”

    Headquartered in Bangkok, Destination Resorts is also behind DoubleTree Resort by Hilton Phuket t Surin Beach, DusitD2 Phuket Resort, Sri Racha International Golf at Sri Racha Hills, Hard Rock Café Phuket at Patong Beach, Novotel Phuket Karon Beach Resort & Spa, Novotel Hua Hin Cha Am Beach Resort & Spa, Swissotel Resort Phuket and Four Points by Sheraton Bangkok Sukhumvit 15.

  • Index seals deal for Philippines

    Index seals deal for Philippines

    Thai homewares giant Index Living Mall has signed a Philippines partner as its Asian expansion continues.

    Index will team up with the Philippines largest retail and mall operator SM Group to run the franchise for the concept for at least five years.

    Index managing director Kridchanok Patamasatayasonthi told the Bangkok Post newspaper Index chose the Philippines due to its huge market potential.

    “There’s no furniture or furnishings chain like us in the country, just small local and imported furniture stores.”

    Index opened its first store in Vietnam about three years ago and its first in Malaysia last month, in the capital city of Putrajaya. It plans 30 stores across Malaysia over a 15-20 year timeline.

    The company is also eyeing opportunities in Indonesia and hopes to double its foreign sales within five years. It will soon have 25 stores in its home market.

  • AmorePacific sold one Cushion product every 1.2 seconds in 2014, driving Asia Cushion frenzy

    AmorePacific sold one Cushion product every 1.2 seconds in 2014, driving Asia Cushion frenzy

    Craze for Cushion, which started in Korea, is now drawing worldwide attention and revolutionising the makeup routine for women around the world.
    Amore Pacific Group said on Tuesday that the global sales of Cushion products under its brands are expected to exceed 50 million units on a cumulative basis during January 2015. With the total sales of Cushion products increasing 105 percent year on year (YoY) to 26 million units, an AmorePacific Group’s Cushion was sold every 1.2 seconds in 2014. In particular, the sales of the Cushion products outside of Korea surged a whopping approximately 140 percent YoY and led a remarkable growth in the global market. The three largest markets outside of Korea comprised Mainland China, Taiwan and Hong Kong, where Cushion products have become an essential for every makeup bag.

    According to 2013 survey conducted by the Korea Tourism Organisation, more than 50 percent of the foreign visitors to Korea have purchased Korean cosmetics products, indicating that the influence of K-Beauty (Korean beauty) is ever-growing. Among the Korean cosmetics products, Cushion, which has changed the way Korean women wear makeup, is now creating a global beauty trend beyond its popularity in Korea.
    Another study conducted by the global research firm TNS Korea that interviewed 800 Korean female consumers found that 75 percent of Korean women have used or are currently using Cushion products. The respondents chose the portability and the convenience of creating the natural-looking flawless skin as their reasons for choosing Cushion.

    Moreover, the survey showed that Cushion was in fact has changed the makeup habits of Korean women by reducing the steps and time needed in creating the skin-looks they prefer. 75 percent said that since using Cushion their makeup routine was shortened, and 76 percent replied that they were now easily reapplying makeup and sunscreen with Cushions. 55 percent of women responded that their sole base makeup product was Cushion. The survey showed more than 8 out of 10 most-favoured Cushion brands were from the category creator AmorePacific Group, including IOPE and LANEIGE.

    Cushion refers to a makeup compact built with a specially-designed urethane foam that safely contains and preserves makeup liquid comprised of foundation, sunscreen and skincare formula. Already popular as the “must-have” item in Korea for easy, flawless skin makeup, Cushion has more recently gained keen attentions in the global cosmetics market.

    Amore Pacific Group began its research and development for Cushion in January 2007 and introduced the “IOPE AIR CUSHION” in March 2008. The sales of IOPE AIR CUSHION totalled 3.8 billion KRW in the first year launched and surpassed 200 billion KRW in 2014, which made it one of the best-selling items in the Korean cosmetics market.

    And with the industry-leading technology, AmorePacific has launched numerous Cushion products with different functional benefits through its brands, such as the LANEIGE BB Cushion, Sulwhasoo Evenfair Perfecting Cushion, Innisfree Mineral Melting BB Cushion and ETUDE HOUSE Precious Mineral Any Cushion.

    The LANEIGE BB Cushion series in particular was re-tailored for each global market to meet local skin conditions. As a result of localised marketing strategy, about 1.17 million units of LANEIGE BB Cushion were sold in China in 2014. As of January 2015, AmorePacific Group offers a total of 19 Cushion products from its 13 brands in more than ten countries in the Asian and North American regions, leading the “globalisation” of the Korean-born Cushion.
    “Cushion, created from AmorePacific Group’s innovative technology, is a revolutionary product that is changing the makeup routines of women across the world and is going to be at the centre of global beauty trend in 2015,” said Suh Kyung-Bae, Chairman & CEO of AMOREPACIFIC Group. “AMOREPACIFIC Group will continue to pioneer and lead the global Cushion market with the company’s unparalleled technology and superior products.” he added.