The Online Fresh Foods Opportunity in Asia Pacific examines why connected urban Asia Pacific region shoppers continue a disproportionate rate of purchasing fresh foods categories in stores. Examining original research with shoppers in 9 cities across the Asia Pacific region, the report identifies common barriers for online fresh food purchases in the current environment. Beyond the […]
As the diverse Asian marketplace continues to evolve, this pace creates an imperative for retailers to stay ahead of their target customers. But how exactly can retailers accomplish this? Through market research, the Asia Pacific Council discovered that retailers can improve relevance with customers by shifting the role of loyalty management from a marketing and […]
Asian grocery retailers have enjoyed strong, profitable growth in recent years in line with the region’s economic development. They also see continued urbanization and the rising wealth of city dwellers as potential for future profits. Many retailers therefore plan significant investments in modern retailing formats to meet growing demand. But before doing so, they should […]
When it comes to food industry trends, food safety is always at top of mind, but they have been particularly important over the past several years. Recent breaches have compromised the integrity and financial success of retailers both in Asia and globally. Conducted by McKinsey & Company under the direction of the Asia Pacific Council, […]
Across Asia, there are several alternative retail formats competing for shoppers’ business and loyalty. The Asia Pacific Council commissioned a report to help the Asian retail community make better decisions on which formats would best serve local shoppers and enhance food retailers’ business strategies. The report maps the current Asian food retail landscape and identifies […]
In the rapidly changing Asian markets, a retailer’s fresh food selection is a key competitive strategy and one of its most critical success factors. Fresh food categories bring in essential store traffic and represent shopping frequency drivers that attract consumers and create additional opportunities for retailers to engage with their customers in other grocery categories. […]