COVID-19 has caused grocery retailers in Asia to scale up online business to compensate footfall decline in physical stores and enable shoppers to get items quickly, safely and conveniently. We at IGD have quantified growth opportunities, supported by five emerging trends. Growing at a CAGR of 20% between 2020 and 2022 Asia’s online grocery is growing fast. Total value in 2020 is around US$...

Watsons, the flagship health and beauty banner of the A.S. Watson Group, has recently launched its Foundation Finder to help customers identify the perfect foundation shade that suits their skin tone.  Growing the foundation market through technology Foundation Finder has been developed as part of A.S. Watson’s strategy to enhance the O+O (Offline plus Online) customer experience.  The reta...

Dairy Farm International has reported that its sales dropped by 4% in the first half of the year to US$ 14bn.  As last year’s strong consumer buying patterns normalised, the Group’s underlying profit has decreased by 69%, from US$ 105m in the prior year to US$ 32m for the first six months of 2021. Difficult to match sales surge in 2020, as shopper behaviour normalises It has been a challeng...