Taiwan news & analysis

21 July 2022
Carrefour announced it signed an agreement to sell its 60% equity interest in Carrefour Taiwan, valued at €2 bn, to its long-term partner and co-shareholder Uni-President. However, Carrefour claims the Carrefour brand will still be present in Taiwan for the coming years and will be part of the wider network of Carrefour brand licenses in over 40 countries. Carrefour Taiwan’s network and sales ...
23 May 2022
Co-working spaces, hybrid stores with additional services, and range evolution: three ways leading Asian convenience operators are adapting to meet changing shopper needs as markets emerge from Covid-19. 1. Co-working spaces 7-Eleven in Taiwan has introduced private working spaces above one of its stores in Taoyuan, reports Focus Taiwan. Rates of NTD 100 (USD 3.4) per hour mean the 14 rooms...
16 May 2022
The sustainability initiative is piloted by A.S Watson at the Serpentine Green Shopping Centre Superdrug store in Peterborough, UK. This follows some of the efforts introduced in its Asian stores like the refillable stations and plastic recycling programs. New Greener Stores Global Framework The global framework for sustainable practises introduced by A.S Watson takes a holistic approach ...
28 March 2022
FamilyMart continues to adapt its stores to meet food for later missions. Our view: magnification of minimarts Earlier this year, we highlighted five trends that will shape retail in Asia . The magnification of minimarts was one of them, and this is impacting the product mix of convenience stores across the region. FamilyMart is not only upgrading food and beverages in Taiwan, but also doi...
07 March 2022
Costco’s net sales increased 16.1% in the second quarter, maintaining its strong pace of growth despite tough comparables from last year. Against this backdrop of growth, we look at how it is navigating cost and supply chain challenges. Q2 key numbers Net sales increased 16.1% to $50.9 bn Comparable sales (ex-fuel and currency impacts) up 11.3% in the US, 12.4% in Canada and 9.0% in o...
11 February 2022
Chinese New Year is the biggest festival in the Chinese calendar. It is also a key trading event in many Asian countries. We share our favourite retail executions and promotions in Asia in this article. Subscribers can get the full report here . 1. 7-Eleven Taiwan 7-Eleven Taiwan App is rewarding shoppers who visit the store with discount e-vouchers. Shoppers who open to app at the store c...
28 January 2022
Like in all regions, COVID has impacted the food and consumer goods landscape in Asia, altering shopping habits, forcing retailers to rethink their strategies and accelerating trends. With omicron and the pandemic continuing to dominate headlines globally, what does this mean for the grocery industry across Asia in 2022? We have pulled out five trends that we believe will continue to evolve at pa...
25 October 2021
On Friday 22 October 2021, Auchan Retail has issued a statement, announcing that it is selling RT-Mart, its retail business in Taiwan, to the Taiwanese group PX Mart. The deal is to be completed by mid-2022 The French retailer announced that it is selling its 64.83% stake in RT-Mart, its retail business in Taiwan, to the Taiwanese group PX Mart. This sale will be accompanied by the simultan...
13 October 2021
The retailer has been actively opening community-based stores recently. Following the Nangang store, it has opened Taoyuan Qingpu outlet this week. The first hypermarket that connects with Taipei Mass Rapid Transit (MRT) Taoyuan Qingpu store is in a building that connects with MRT stations. The store’s "quick pick-up" service is designed to meet the consumption patterns of commuters. Sho...
06 September 2021
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$...