Taiwan news & analysis

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 ...
08 January 2021
One of the most common questions I get asked by businesses, is how will my market develop over the next few years. While there remains uncertainty over what the next 12 months will look like, there is a strong sense of optimism that 2021 will be a year to rebuild, but also capitalise on the opportunities that have arisen in the ‘new normal’ across Asia. With this in mind, we have identified five ...
06 January 2021
On 31 December 2020, Carrefour closed the acquisition , from  Dairy Farm , of 224 supermarkets, as well as a warehouse, in Taiwan. Part of Carrefour’s targeted acquisitions policy Valued at US$108.37m, the deal includes 224 proximity stores: 199 Wellcome stores, average sales area of 420 sq. m 25 Jasons stores, average sales area of 820 sq. m as well as a warehouse. ...
03 December 2020
Foodpanda and the global convenience store chain 7-Eleven have formed a partnership, which will see 2,500 7-Eleven stores across Southeast Asia added to the delivery firm’s app. A partnership that underscores Foodpanda’s dual focus The delivery service will be rolled out in four countries: Singapore, Malaysia, Taiwan and the Philippines. An average of 1,000 SKUs will be shoppable from the a...
27 November 2020
With more consumers staying at home for meals in Taiwan, FamilyMart has partnered two famous chefs two to launch some new ready-to-eat dishes. Our view Taiwan is an important market for FamilyMart. After Japan, it is the retailer’s second largest market, trading more than 3,500 stores. Within Taiwan, FamilyMart is also the second largest convenience chain and it continues to look for creati...
28 October 2020
Carrefour reported total sales rose 5.5%, at constant exchange rates, to €19.7 bn, with like-for-likes rising 8.4% in its third quarter. The retailer said its growth was its ‘ best performance in at least 20 years ’. The positive results were broad based, with most markets and channels seeing growth, and came despite ‘ an unfavourable petrol effect ’ and ‘ an unfavorable exchange rate effect ’...
28 September 2020
7-Eleven in Taiwan has partnered with a restaurant and a hotel to offer freshly cooked meals at one of its stores. Advance ordering meal service 7-Eleven has launched a meal service at its Dongxing Road store in Taipei. Customers can order boxed meals prepared by Regent Taipei chefs and restaurant Su/food. Orders can be picked up from the 7-Eleven store on the same or following day. The ...
16 September 2020
Pan Pacific International’s Don Don Donki plans to open its first store in Taiwan. Progressive expansion across Asia The first Don Don Donki store in Taiwan will be located in Taipei’s Ximending business district. The company has been advertising to recruit new employees on local recruitment websites. However, it has not confirmed the address of the store nor an expected launch date. Donki ...