Taiwan news & analysis

08 April 2021
Asia-based ecommerce platform Shopee intends to premiumise its beauty offerings, by increasing its focus on K-beauty brands.  Sales of Korean beauty continues to grow in Southeast Asia and Taiwan Korean beauty products remain as one of the top-selling products of Shopee.  The retailer has seen more shoppers searching and buying K-beauty brands on its platform, due to the popularity of K-pop c...
23 March 2021
7-Eleven has reached another milestone in Taiwan, opening its 6,000 th store in Kaohsiung's Fongshan District. 7-Eleven Fengyi Store Source: 7-Eleven Taiwan Source: 7-Eleven Taiwan Source: 7-Eleven Taiwan Source: 7-Eleven Taiwan Look to Taiwan for inspiration on convenience At almost 29% of the grocery retail market, Taiwan’s convenience channel has the h...
16 March 2021
A.S. Watson Group, the world’s biggest international health and beauty retailer, has recently announced its refreshed social purpose and 2030 vision for sustainability. Commitment to ‘put a smile on our customers’ faces’ Since the A.S. Watson Group is operating on a massive scale globally, it is determined to take stronger responsibility towards the customers they serve, as well as the envi...
08 March 2021
Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how sustainability and health are rising up the agenda. Taiwan: increasing healthier options Well-known Taiwanese brand I-Mei is promoting new products at FamilyMart, emphasising local origin, quality and no preservatives added. While Famil...
16 February 2021
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...
12 February 2021
Foodpanda is one of Asia's fastest growing ondemand delivery providers, offering both meal solutions and grocery deliveries via its app. Using partnerships and its own darkstores to expand into grocery In 2020 we saw Foodpanda partner with more retailers in order to expand its grocery offer via its Pandamart service. However, Pandamart is also developing its own network of stores. The compa...
25 January 2021
In collaboration with Yushan Bank, Carrefour opened an unmanned store called iCarrefour in January. Store trial started in May 2020 The retailer has been testing the unmanned store concept inside its HQ building since May 2020. With a sales area of nine sq m, the unmanned store is “mini” in size and carries around 600 SKUs, designed to fulfil the shopping missions of office workers inside t...
21 January 2021
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 ...
14 January 2021
Canada's Couche-Tard, which operates the Circle K chain of convenience stores globally, has submitted a non-binding offer letter to Carrefour for a "friendly combination" at a price of EURO 20 per share, in a US$20bn deal. The terms of the transaction are under discussion, but there can be no certainty at this stage that these discussions will result in any agreement or transaction. Retail’s d...
11 January 2021
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 ...