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...

The French multinational retailer is planning to sell its Taiwan business, which is valued at US$1.9 bn. It might consider selling its operations in Poland, Italy, and Argentina as well. The sale is to kick off after the summer According to a report from Reuters, Carrefour has hired Morgan Stanley to run the sale, which is to commence after the summer. Carrefour has approached several poten...