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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

In 2017, FamilyMart’s president Koji Takayanagi conceded the company was losing money in Vietnam (as well as in Indonesia and Thailand). He told Reuters at the time: “If we can get them to rally we will, but we cannot continue to pour in resources.”. They grew quickly, relatively unchallenged by local operators.

Marketing 130
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How Michael Ford pulled Greenlit Brands back from the brink

Inside Retail

Persuading the consumer that it’s going to take anywhere from 20 to 24 weeks for the goods to arrive, it’s a pretty rough discussion. So it means deployment of capital, hiring capability, and those resources are scarce, particularly in this market. I think Australian retailers have been slow to adopt [e-commerce].

Apparel 130
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2023 PR Predictions

Retail Bound

Here is our 2023 PR trends forecast: AFFILIATE MARKETING The gift guide climate really evolved this year with affiliate links and/or major online retailer availability becoming a requirement for coverage in several of the top-tier publications. e-commerce) in getting people to spend money on consumer goods and services.

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Fast Retailing CIO talks RFID, self-checkout and continuous improvement

Inside Retail

Consumers who use the service are often effusive about the technology, with Reddit threads about it. Fast Retailing began embedding RFID tags in apparel back in 2017. Our transformation is about connection, so we must link the old tools, actions and resources for customers. Pretty cool,” wrote one fan.

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Multifamily Housing Predictions for 2023

Parcel Pending

People are increasingly choosing not to buy, even if they have the financial resources, and are instead continuing to rent. Keyless smart access controls can improve security in units and offer the possibility of including a video intercom link to residents’ smartphones. July 19, 2017. Sources: Duggan, Brian. Gagiuc, Anca.

Outdoor 52
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How three retailers are cultivating success in the plant and garden sector

Inside Retail

In 2017, we had our first sale at our warehouse in Abbotsford, which had 100 metre queues forming in both directions. Mitre 10 and other independent hardware stores, like Home Hardware, True Value and Thrifty Link, are spread across the country and often service even the smallest regional towns.

Gifts 130
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The Future of Retail in the New Era of Risk

Retail Prophet

A shock to the system of western merchants and consumers who had largely operated with an assumption of unconstrained access to whatever they’ve wanted, whenever they’ve wanted it. But in the process also opened global consumer markets to risks that would make the cotton collapse of 1861 look like a picnic. Rebuilt for Shared Risk.