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On 31 October 2022, CR NG Fung, one of Hong Kong’s biggest food distributors and producers, formed a strategic alliance with JD.com. The alliance will lead to CR NG Fung opening its first online flagship store on JD.com’s platform to promote its food grocery products.

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Dairy Farm International reported total revenue of USD 18,511mn, increased by 1%, and operating profit of USD 76mn, decreased by 37%, year-over-year in H1. It should keep improving sales and profitability, especially in food grocery retail, which suffered the most from COVID-19 impacts in the region. Sales normalizing in supermarket   Excluding the sales from non-grocery, associates and j...
A.S. Watson will invest an additional HK$900m (USD$11.5m) to drive its digital transformation and offer an easier and faster offline plus online (O+O) customer experience. Technology focus areas A.S. Watson will focus on boosting the resources in its in-house ‘eLab’ and ‘TECHLab’ digital solutions, artificial intelligence, big data, and retail technology. ‘eLab innovates O+O customer ...
ParknShop continues to enhance its ecommerce infrastructure and inspire customers by expanding its new store concept in Hong Kong. Empowering capabilities of ecommerce To cope with the high-speed growth in ecommerce, A.S. Watson's subsidiary ParknShop supermarket plans to invest more than HKD 200mn (USD 25mn) for accelerating its digital transformation. In Q4 this year, it will have an ec...

Presentations

06/02/2023
We highlight five trends that we expect to shape Asia grocery retail market over the next 12 months and beyond.
20/12/2022
Against the backdrop of inflation and rising cost of living, we have reforecast our growth expectations for global, regional and country channels to 2027. This report shares the global view of our channel forecasts to 2027, combining data from 42 major markets across all regions. It provides data on different channels’ performance and highlights which regions and markets lead the way in terms of channel development.
20/12/2022
Against the backdrop of inflation and rising cost of living, we have reforecast our growth expectations for global, regional and country channels to 2027. This report shares the Asia Pacific view of our channel forecasts to 2027, combining data from 14 major markets across the region. It provides data by market on different channels’ performance and summarises the key insights and implications for suppliers.
06/12/2022
A guide to the retailer and its operations today. Updated twice yearly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.

Key Presentations

Hong Kong country presentation

A guide to Hong Kong's grocery market and how we expect the market, its leading retailers and channels to evolve over the next five years.    

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5-year forecasts to 2027

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Gain a view of what future growth to expect and start building your long-term strategy with our retailer and market forecasts to 2027.

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