APAC retailers turn to technology investment to drive profitability

APAC retailers turn to technology investment to drive profitability

As retailers in Asia Pacific (APAC) feel the omnichannel squeeze, they are tapping into the power of technology to drive profitability.
Cost juggling continues for retailers

Cost juggling continues for retailers

Retailers in Vietnam are still determined to expand their operations, at a time when prominent groups reorganise their operations to cut costs.
Digiworld increases stake in Vietmoney

Digiworld increases stake in Vietmoney

Despite a sharp decline in net profits for 2023, electronics retailer Digiworld has bold business plans for the new year.
Traditional retailers buckle under strain

Traditional retailers buckle under strain

The rapid development of e-commerce is causing a series of commercial townhouses to close down, while shopping centres still have a stable number of customers due to positive online sales channels and sharing turnover methods.
Retailers ready to enjoy booming sales for year’s end

Retailers ready to enjoy booming sales for year’s end

Year-end promotions are providing an opportunity for localities and businesses nationwide to get their products on show and penetrate effective supply and consumption chains in the market.
Retail arena maintaining its promise

Retail arena maintaining its promise

As retailers expand their presence or forge stronger ties with Vietnamese suppliers, there is growing consensus about the untapped promise of Vietnam’s retail landscape.
Firms weather the storm through demand stimulation

Firms weather the storm through demand stimulation

Businesses across the board are ramping up their efforts to fuel demand in the face of the current feeble consumption level.
Major electronics retailers face tough times

Major electronics retailers face tough times

A big drop in profits is being seen at top retailers.
Retailers weigh up the perks of e-voucher models

Retailers weigh up the perks of e-voucher models

Cooperation between e-voucher issuers and retailers is benefiting both sides and bringing more diverse shopping experiences to customers, but some companies require more proof of the effectiveness of digital vouchers.
Retailers ramp up promotions to boost sales

Retailers ramp up promotions to boost sales

As consumers are tightening their budgets, retailers are initiating a broad range of promotions to boost sales.
Retailers enter the AI game to improve customer services

Retailers enter the AI game to improve customer services

After fintech and technology, the retail sector is seemingly joining the race to utilise AI race after a number of businesses announced plans to develop and integrate this technology into their operating models.
Retailers flexibly steering through turbulent times

Retailers flexibly steering through turbulent times

Big retailers are adopting flexible measures to confront the challenging environment and consumers’ strict budgets.
Retail awaits breakthrough

Retail awaits breakthrough

Many retailers have announced strategies to expand and increase brand influence in 2023, with the retail sector deemed to have more prospects for stronger development.
Omnichannel activity boosts overall 2022 retail performance

Omnichannel activity boosts overall 2022 retail performance

Vietnam’s retail sector closed 2022 with a boom in omnichannel sales.
Digital transformation-A key to success for retailers

Digital transformation-A key to success for retailers

Amidst the acceleration of digital transformation, digital solutions are increasingly proving to be a key to success for retailers in Vietnam.
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