Indonesia news

Dairy Farm International has reported an 8% drop in its subsidiaries’ revenue to US$10.3bn in FY20 (ending December 2020).  But total sales including from its associates and joint ventures has increased by 2% at US$28.2bn, primarily due to a higher sales contribution from Yonghui. Growth in grocery retail and IKEA offset by health & beauty and convenience The group’s sales performance in 20...

A.S. Watson has reported some trends that will shape the future of health and beauty, and other retail channels in 2021. Offline + online strategy as the new retail standard The pandemic has changed the shopping habits of customers, evolving their expectations and desires.  Like other retailers, A.S. Watson Group has witnessed a surge in online shopping in 2020, but it was able to adapt qui...

Amongst all modern retail channels, the impact of COVID-19 from a global perspective, has varied the most in convenience. The channel, however, continues to offer a massive opportunity for retailers and suppliers globally, benefiting from longer term consumption trends such as smaller households and more consumers shopping locally. With this in mind, we have identified five themes that we expect ...

A.S. Watson Group and Grab, the leading delivery and payment solutions provider in Southeast Asia, have formed a new partnership that will create the largest omnichannel health and beauty partnership in the region. Access to more than 62,000 health and beauty products in six markets Shoppers can now purchase a wide assortment of more than 62,000 health and beauty products from Watsons throu...

Olive Young, South Korea’s largest health and beauty retailer, announced last week to open an online shop on Shopee, Southeast Asia’s biggest ecommerce platform. Available in Indonesia and Malaysia first About 300 products under Olive Young’s six private brands, WAKEMAKE, colorgram, RoundAround, Botanic Heal boH, Bring Green and Filllimilli, will be available on Shopee. These items will ...

One of the most common questions I get asked by businesses, is how will my market develop over the next few years. While there remains uncertainty over what the next 12 months will look like, there is a strong sense of optimism that 2021 will be a year to rebuild, but also capitalise on the opportunities that have arisen in the ‘new normal’ across Asia. With this in mind, we have identified five ...

Grab and Unilever will collaborate to protect Grab drivers and riders, connect small business retailers to online channel and dispatch products to retailers using GrabExpress drivers. GrabProtect through Unilever products Unilever will be equipping vehicles in Indonesia, Malaysia, and the Philippines with Lifebuoy hand sanitisers and Cif disinfectant sprays, at no cost to driver-partners or...

For the first time, ASEAN Day will include the launch of the inaugural ASEAN Online Sale Day on 8 August. An initiative for retailers to showcase their products The new initiative is supported by many retailers across the Southeast Asian markets. It is a way to encourage retailers to embrace digitalisation to reach more consumers and access new markets. Source:...

Ahold Delhaize has reported that its Q2 net sales increased by 15.9% at constant exchange rates to €19.1bn. Performance was largely driven by the COVID-19 pandemic. President and CEO Frans Muller said, ‘The engagement and strong execution of our teams have translated this unprecedented demand in both the U.S. and Europe, due to COVID-19, into outstanding results’ . Changing consumer behaviour...

Matahari Putra Prima Tbk (MPPA), which operates Hypermart, Foodmart, Primo and Hyfresh online stores, will partner with Grab to offer on-demand grocery delivery service. More access and convenience The launch is part of the retailer’s efforts to support safe shopping practices. Shoppers are able to access a wide assortment of quality fresh products and household items on the GrabMart platfo...