Tag: #retail-tech75 results
Jardine Matheson is looking to divest its fast-food operations across Hong Kong, Macau, Taiwan, Vietnam, and Myanmar, comprising 1,000 stores. The move reflects a broader trend of foreign catering brands localizing ownership in the Asian market.
Galeries Lafayette is closing its Beijing store, reflecting a broader decline of foreign high-end department stores in China. Local competitors like SKP are winning by integrating retail with real estate and membership ecosystems.
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Retail tech stacks often fail gradually due to fragmentation rather than sudden catastrophic events. This article outlines key indicators that a company's infrastructure is no longer supporting its business goals effectively.
GameStop attempted a $55 billion acquisition of eBay, which was rejected as 'not credible'. The move highlights the strategic desperation of legacy retail giants in the digital era.
Major retailers like JD Health and Yonghui Superstores are launching weight-loss challenges, using cash and food rewards to drive traffic and social media engagement.