Content about Asia

September 16, 2014

India, China, and Malaysia are the top-ranked offshoring destinations.

New York - India, China, and Malaysia are the top-ranked offshoring destinations. According to the 2014 Global Services Location Index (GSLI) from A.T. Kearney, India, China, and Malaysia remain the top three offshoring destinations, and Asia continues to dominate, with six of its countries among the top 10.

September 12, 2014

When the Grand Metropolitan Mall opened in 2013 in Bekasi, Indonesia, just east of Jakarta, it did so with an award-winning design.

When the Grand Metropolitan Mall opened in 2013 in Bekasi, Indonesia, just east of Jakarta, it did so with an award-winning design.    

August 27, 2014

Wal-Mart Stores is stepping up its use of solid-state lighting in a big way.

The discounter is installing LED ceiling lighting fixtures in new U.S. supercenters, Asda locations in the United Kingdom, and new and remodeled stores in Asia and Latin America — with 157 stores adopting the solution in 2014.

The new fixtures will use 40% less energy than lighting sources historically used in stores, which should help Wal-Mart meet its goal of reducing the kilowatt hour per square foot of energy required to power its buildings globally 20% by 2020.

August 21, 2014

Will Asian shoppers buy into the classic all-American look? Mid-level, U.S.-based casual apparel brands are hedging their bets that “preppy” rugby polos and chic velour track suits will entice Asia’s rapidly growing middle class to buy U.S. goods.

By Michael Hirschfeld, senior VP of JLL’s National Retail Tenant Services

August 11, 2014

M&M’S celebrated the grand opening of its first M&M’S World store in Asia – M&M’s World Shanghai, a 17,000+-sq.-ft. entertainment destination that marks the brand’s fifth M&M’s World flagship store.

Shanghai, China -- M&M’S celebrated the grand opening of its first M&M’S World store in Asia – M&M’s World Shanghai, a 17,000+-sq.-ft. entertainment destination that marks the brand’s fifth M&M’s World flagship store. Current flagships include Times Square, New York; Orlando; Las Vegas; and Leicester Square London.
 
Spanning two floors and combining iconic Chinese landmarks and cultural elements, the store features a large array of candies and M&M-branded merchandise.

August 8, 2014

Following a strong economic pick-up in fourth quarter 2013, values for both imports and exports fell during first quarter 2014, compared to the previous quarter.

New York - Following a strong economic pick-up in fourth quarter 2013, values for both imports and exports fell during first quarter 2014, compared to the previous quarter. According to a new report from supply chain research firm Panjiva, imports dropped 5.42% and exports 3.84% from fourth quarter 2013, though activity in March fared better than in January and February.
 
Some of the report highlights include:

July 24, 2014

Wal-Mart Stores announced that Bill Simon, president and CEO of Walmart U.S. since June 2010, is leaving the company.

Bentonville, Ark. -- Wal-Mart Stores announced that Bill Simon, president and CEO of Walmart U.S. since June 2010, is leaving the company. He will be replaced by Greg Foran, 53, president and CEO of Walmart Asia, who will take up the post on Aug. 9, reporting directly Wal-Mart president and CEO, Doug McMillon. Simon will be available on a consulting basis for the next six months to ensure a seamless transition.

July 14, 2014

Visa has entered into an agreement with Borderfree, a leading international cross-border e-commerce solutions provider, to offer customers in the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain and Jordan, special promotions from retailers in the United States.

New York -- Visa has entered into an agreement with Borderfree, a leading international cross-border e-commerce solutions provider, to offer customers in the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain and Jordan, special promotions from retailers in the United States.

July 8, 2014

ImagineX Group, Asia’s leading retail, brand management and distribution company, and Authentic Brands Group, LLC, the new owner of Juicy Couture, today announced a long-term franchise partnership to drive Juicy’s market expansion and category development in China.

New York -- ImagineX Group, Asia’s leading retail, brand management and distribution company, and Authentic Brands Group, LLC, the new owner of Juicy Couture, today announced a long-term franchise partnership to drive Juicy’s market expansion and category development in China. The partnership will provide the momentum to add more Juicy Couture stores throughout Asia; expand the brand’s reach with new product lines; and support further regional growth initiatives.
 

July 7, 2014

Accellos and HighJump Software, each global providers of supply chain management software and trading partner network technology, have agreed to merge, creating a vendor with 11,000 customers in 23 countries with operations in North America, Asia and Europe.

Colorado Springs, Colo. -- Accellos and HighJump Software, each global providers of supply chain management software and trading partner network technology, have agreed to merge, creating a vendor with 11,000 customers in 23 countries with operations in North America, Asia and Europe. The combination of Accellos and HighJump brings together a set of technologies, including networked trading partner connectivity, warehouse management, transportation management, and route delivery.

June 17, 2014

Ali Baba is a literary character from the Arabian Nights stories known for his ability to get virtually anything he wants by shouting “Open Sesame!”

By Girish Pai, AVP, Group Manager, Retail, CPG and Logistics for Infosys


Ali Baba is a literary character from the Arabian Nights stories known for his ability to get virtually anything he wants by shouting “Open Sesame!”

June 16, 2014

7-Eleven has signed a master franchise Agreement with Seven Emirates Investment LLC to develop and operate 7-Eleven stores in the United Arab Emirates (UAE).

Dallas -- 7-Eleven has signed a master franchise Agreement with Seven Emirates Investment LLC to develop and operate 7-Eleven stores in the United Arab Emirates (UAE). The expansion marks the company's first entry into the Middle East region.
   

June 16, 2014

Chile is the number one destination for emerging market retail expansion, followed by China, where retail sales totaled a whopping $3.7 trillion in 2013, according to the 2014 A.T. Kearney Global Retail Development Index.

Chicago -- Chile is the number one destination for emerging market retail expansion, followed by China, where retail sales totaled a whopping $3.7 trillion in 2013, according to the 2014 A.T. Kearney Global Retail Development Index.

With Uruguay, Brazil, Peru, Panama, Colombia, Costa Rica and Mexico also in the index of top emerging economies ready for retail expansion, Latin America continues to show strength as a regional retail growth market.

May 20, 2014

J. Crew is reportedly planning to expand into Asia.

New York – J. Crew is reportedly planning to expand into Asia. According to the Wall Street Journal, J. Crew will open two new stores in Hong Kong on May 21.

The Hong Kong stores will be J. Crew’s first Asian stores since it closed its stores in Japan in 2008. In 2012, J. Crew said it planned to open stores in Hong Kong, and the U.K., and opened three U.K. stores in 2013. The retailer plans to open five or six stores in Hong Kong in the next few years, and may also open new stores in Japan.

April 25, 2014

Wal-Mart Stores Inc. is changing the management structure of its Asia operation with a series of promotions.

Hong Kong -- Wal-Mart Stores Inc. is changing the management structure of its Asia operation with a series of promotions. Scott Price, currently president and CEO of Walmart Asia, will move to a senior management role as executive VP, international strategy and development, real estate, mergers and acquisitions, integration and purchase leverage, based at Wal-Mart's world headquarters in Bentonville, Arkansas.

April 24, 2014

China was the fastest-growing country in Asia during 2013 in terms of new POS terminal installed.

Franklin, Tenn. – China was the fastest-growing country in Asia during 2013 in terms of new POS terminal installed. According to a new report from IHL Group, “Asia/Pacific POS Terminal Study,” China had 12% year-over-year growth in year-over-year POS terminal installations.

The Asia/Pacific region as a whole experienced 6.5% POS terminal growth. Other findings include that uncertainty about foreign ownership of retailers slowed POS growth in India to 8% and that Vietnam was the newest hot market for new POS devices.

April 24, 2014

China was the fastest-growing country in Asia during 2013 in terms of new POS terminal installed.

Franklin, Tenn. – China was the fastest-growing country in Asia during 2013 in terms of new POS terminal installed. According to a new report from IHL Group, “Asia/Pacific POS Terminal Study,” China had 12% year-over-year growth in year-over-year POS terminal installations.

The Asia/Pacific region as a whole experienced 6.5% POS terminal growth. Other findings include that uncertainty about foreign ownership of retailers slowed POS growth in India to 8% and that Vietnam was the newest hot market for new POS devices.

April 21, 2014

Back in October, I commemorated my six-month anniversary as technology editor of Chain Store Age with a column looking at how retail IT has been disrupted in recent years.

Back in October, I commemorated my six-month anniversary as technology editor of Chain Store Age with a column looking at how retail IT has been disrupted in recent years. Now that I have a full year under my belt, I thought it would be interesting to look at how customer expectations of retail IT have been disrupted in recent years (and don’t worry, there will be no 18-month anniversary piece). Three paradigm-shifting changes in how retailers must now engage with customers using technology stand out.

Every Man is an Island

April 9, 2014

RadioShack has opened two new concept stores in China and Malaysia, marking the brand's most recent moves throughout Asia and Southeast Asia.

Fort Worth, Texas - RadioShack has opened two new concept stores in China and Malaysia, marking the brand's most recent moves throughout Asia and Southeast Asia.

Working with joint venture partner FIH (First Honest Enterprises Limited), RadioShack introduced its first concept store in China on March 21 with a grand opening ceremony at Huacao Town, Shanghai. RadioShack and franchise partner Berjaya Retail Berhad also relaunched a completely renovated existing store at Mid Valley Megamall in Kuala Lumpur, Malaysia on March 26.

April 9, 2014

Walmart, a pioneer in the use of LED lighting systems in signage, freezer cases and parking lots, is expanding its use of LEDs to the sales floor.

Bentonville, Ark. -- Walmart, a pioneer in the use of LED lighting systems in signage, freezer cases and parking lots, is expanding its use of LEDs to the sales floor. In a major move, the retailer plans to install energy-efficient LED ceiling lighting from GE in its new supercenters in the United States, along with stores in Asia, Latin America, and the United Kingdom. In all, 200 new Walmart stores will adopt the new GE LED ceiling lighting during the next two years, which translates into a total energy savings of 620 million kWh over the next 10 years.

March 26, 2014

Continuing its opening march through Kuwait, Johnny Rockets has opened a new restaurant at the Divonne Restaurant Complex in Kuwait City.

Aliso Viejo, Calif. -- Continuing its opening march through Kuwait, Johnny Rockets has opened a new restaurant at the Divonne Restaurant Complex in Kuwait City.

Franchisee Haidar Al-Naqeeb is expanding the American chain in the Arabian Gulf; his first unit opened in December 1995 at Salem Al-Mabarak in Salmiyah, Kuwait.  Since that time, he's grown his portfolio to now include over a dozen franchises in Kuwait, as well as Saudi Arabia, Qatar and Bahrain with additional openings planned.

March 5, 2014

Galleria, a provider of retailer and vendor category management solutions, is expanding into the Asia Pacific region.

Chicago -- Galleria, a provider of retailer and vendor category management solutions, is expanding into the Asia Pacific region.  This growth is part of an ongoing international program of strategic focus and investment for Galleria.

In addition to navigating the regulatory hurdles and adapting to a difference in consumer culture, recent initiatives from Galleria have included solution developments to facilitate new market connectivity in Hong Kong and other areas within the region.

March 3, 2014

Gap Inc. reportedly plans a substantial increase in its Gap and Old Navy store count in China during the next several years.

San Francisco – Gap Inc. reportedly plans a substantial increase in its Gap and Old Navy store count in China during the next several years. Reuters reports that Gap plans to add 30 stores to its existing 81 Chinese locations.

February 28, 2014

Hong Kong-based supermarket chain ParknShop has chosen Galleria Retail Technology Solutions to further enhance its merchandising operations.

Hong Kong - Hong Kong-based supermarket chain ParknShop has chosen Galleria Retail Technology Solutions to further enhance its merchandising operations. ParknShop will use Galleria category planning, automation and optimization solutions to obtain insights via clustering and demand signal analytics, as well as optimize and execute its store strategy.

February 27, 2014

Gap Inc. is bringing its Old Navy brand to China, with the opening of a store on March 1 on Shanghai’s famous Nanjing West Road.

San Francisco -- Gap Inc. is bringing its Old Navy brand to China, with the opening of a store on March 1 on Shanghai’s famous Nanjing West Road.

The 22,000 –sq.-ft., three-level Shanghai Old Navy store is located in the Jing’an District, a major commercial area known for shopping, sightseeing, hotels and office buildings that draws thousands of locals and overseas visitors. The store features iconic elements from Old Navy’s U.S. flagship and such interactive features as touch-screen video games and game tables.