ASEAN RETAIL

After several challenging years due to the pandemic, the Thai retail industry is beginning to show signs of recovery and continuous growth. Data indicates that the industry’s growth rate was at 3.1% in 2022, 3.4% in 2023, and is projected to increase to 3-5% in 2024. What are the driving forces behind this recovery, and […]

Tired of tired buzzwords? Let’s dive into 11 emerging trends that can revolutionize retail in 2024. We’ll skip the overhyped fads and table stakes (we hear you, BOPIS, personalization, and contactless payments!) and focus on developments poised to change the game. 1. Generative AI: From Barcodes to BrillianceSay goodbye to repetitive tasks and hello to […]

In 2023, the modern retail business gradually improved in line with the economy. The main drivers were: However, the purchasing power of most people was pressured by rising living costs, causing sales to grow only slightly at 3.0-4.0%. For 2024-2026, the business is expected to grow at an average rate of 4.0-5.0% per year, driven […]

Forget magic balls, retailers. The key to customer hearts (and wallets) lies in conversational intelligence. This tech wizard analyzes casual “likes,” “hums,” and “wish they had…” in reviews, chats, and social media, transforming them into actionable gold. Imagine predicting purchases before carts fill. Analyse online whispers to identify must-haves and adjust inventory before shelves yawn. […]

🛒 Supercharge your growth in the thriving ASEAN retail market at Retail Show 2024! ✨ Last year’s show connected over 7,000+ decision-makers and is back with 60% of past exhibitors already secured for 2024.Join them and be part of the vibrant ASEAN retail community! 🤝 ✨ ASEAN Retail Show is your prime opportunity for:– Connecting […]

Reimagining Retail for Department Stores & Shopping Malls Here are some actionable solutions and ideas for department stores and shopping malls to thrive in the new chapter, “The Experience Economy.” *Transform retail spaces into dynamic hubs by curating unique collections that tell stories and cater to specific interests. Collaborate with local artisans, host thematic pop-up […]

In the evolving landscape of e-commerce, success used to rely heavily on search engine optimisation (SEO) and performance marketing. Retailers who effectively attracted traffic and converted visitors into customers were deemed successful. However, towards creating immersive and engaging shopping experiences. This shift has given rise to destination e-commerce stores. Unlike traditional online marketplaces, destination e-commerce […]

What retail and e-commerce sector will boom in Asia from 2023 to 2028? E-commerce is growing rapidly in Asia and is expected to account for 4.2% of total food sales by 2023. This is due to a number of factors, including the increasing penetration of smartphones and the growing popularity of online shopping. China is […]

One Bangkok, the largest holistically integrated district in the heart of Bangkok, has become the country’s first real estate project to obtain the Platinum WiredScore certification– the highest certification from WiredScore for its office towers. The One Bangkok District has been designed to meet the Wiredscore and SmartScore standards ensuring Tenants on the stability of […]

The new 39-storey mixed-used project Park Silom shopping centre is set to launch in June in the heart of Bangkok’s Silom, positioned as a ‘Third Space Retail’.  Park Silom, developed under NYE & RPG Company, is a partnership between Thai retail giants – Minor International, Siam Piwat and NYE Estate. The centre’s retail space – […]