Retail and consumer goods industry news

21 February 2017
Ecommerce giant Alibaba Group has formed a strategic partnership with Chinese retail conglomerate Bailian Group. The cooperation Alibaba and Bailian will initially cooperate on supply chain technology using Alibaba’s big data capabilities as well as integrating Alipay payments with Bailian Group’s existing membership programme.  Alibaba has been extending its reach offline to provide a b...
17 February 2017
Tesco has partnered up with local Karachi-based Alpha Supermarket to stock its products in 50 Express convenience stores and four Alpha stores over the next three years. Exclusive partnership Alpha Supermarket will be the exclusive partner for Tesco in Pakistan, offering Tesco’s private labels, including Tesco Goodness, Tesco Finest, and Tesco Everyday. It will offer a complete range of Tes...
17 February 2017
MyNews.com, Malaysia’s homegrown news and convenience chain, partners with ecommerce shipping provider EasyParcel to offer last-mile delivery service. New service expected to increase customer volume Bison Consolidated Bhd, which operates 320 myNEWS.com, will provide a new service to allow customers to pick up and drop off their parcels at all their outlets. This service called PGEON, ...
17 February 2017
Big C reports a lower total revenue of THB121bn (US$366m) for FY2016, while profit margin increase Significant change in operations With Berli Jucker Company (BJC) on board as a major shareholder last year, Big C introduced a fundamental change in the way they operate. They decentralised their store operations team to become the “Thai retailer with a heart”. By localising their offer, ...
17 February 2017
South Korean ecommerce operator SK Planet has launched its online marketplace 11street in Thailand, the fourth overseas markets the company set up its online operation. Launch in Thailand Under the local company name 11Street Thailand, the online shopping platform will start by offering 3 million items under eight categories, including fashion, home appliances and leisure, most of which wil...
06 February 2017
Major Japanese convenience store operator Lawson has announced that it has agreed with industry peer Save On Corp. to change some 500 Save On outlets into Lawson stores by the end of 2018. Store network expansion Lawson, which has some 13,000 stores, lags industry leader Seven-Eleven Japan. and the recently merged FamilyMart UNY in terms of the number of outlets. The addition of the Save...
01 February 2017
Lawson, one of the largest convenience store operators in Japan, accepts Alipay at all outlets. This tie-up gives Lawson an advertising boost on Alipay and access to data on Chinese tourists’ shopping preferences. First mover advantage with Alipay partnership Lawson has become the first convenience store chain to accept Alipay at all its outlets. With this partnership, Chinese users in ...
26 January 2017
South Korea’s leading convenience store chain CU has launched its own parcel delivery service. Providing value added service to c-store shoppers CU, a subsidiary of BGF Retail, has launched BGF Post, a c-store-specific parcel delivery service unit throughout its network. CU previously operated CVS Net, a joint parcel service with another c-store chain GS25 convenience stores. As CU independ...
25 January 2017
India's largest grocery retailer has announced a major reshuffle of its senior managers, as it looks to treble its revenue by 2021. New positions in FMCG, supply chain and marketing As part of the restructure, Future Group has appointed a new CEO of its consumer goods function, CEO of its supply chain and logistics, and a new head of marketing: Devendra Chawla will become CEO of Futur...
25 January 2017
Alibaba has announced its third quarter results, with the retailer reporting revenue growth of 54% and a record breaking Singles' Day. Revenue US$7.67bn and ahead of expectations In the three months to December, Alibaba's core commerce business increased by 45% year on year to US$6.7bn. The cloud computing business increased 115% year on on year to US$254m. The digital media and entertainme...