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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

The slowdown in openings is understandable after a breathtaking four-year period from 2015-19 when Vincom opened more than 50 malls. This situation will now take time to unwind, since better retailers are squeamish about opening a lot of stores with e-commerce so strong and spending power in secondary locations still weak.

Expansion 130
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Breaking down the clever approach to Chemist Warehouse’s public listing

Inside Retail

In the case of Chemist Warehouse, the acquisition would position it as a superpower in the Australian pharmaceutical market, dominating the wholesale and retail markets through vertical acquisitions across the value chain. Prior to this, the business had been selling online in the country since 2015.

Marketing 245
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After 10 years, Japan’s Aeon seems ready to conquer Vietnam’s regions

Inside Retail

A decade after making its debut in Vietnam, Japanese retail giant Aeon is making a move into regional towns, armed with 10 years of data about local consumer behaviour and a renewed commitment to what is now its second-largest international market.

Expansion 147
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Meet Sugar: The “anti-establishment” beauty retailer Indian consumers crave

Inside Retail

It’s been quite a year for Indian beauty retailer Sugar, which has just concluded a $50 million Series D fundraise led by the Asia Fund of L Catterton. L Catterton’s strategic partnership with LVMH will also supercharge Sugar’s expansion in the near future. Holistic expansion strategies. The immediate future.

Consumer 130
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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

And in yet another move to lock down its domination of the convenience store market, Masan sealed a deal with Phano Pharmacy and Mobicast to integrate their service in some stores, further enhancing the shopping experience and convenience offer. Convenience stores and the e-commerce sector were growing much faster than the overall market.

Marketing 130