The recent liquidity crisis sparked by delayed payments from Singapore-based e-commerce platform Qoo10 to its affiliates, TMON and WeMakePrice, has caused a seismic disruption in South Korea's retail and travel sectors. This crisis has not only undermined consumer confidence but has also led to a
China has made remarkable strides in the growth of its service consumption, a trend that is significantly contributing to its economic development. By implementing a range of targeted measures and policies, the Chinese government is meeting the evolving needs of its population and fostering a
Stew Leonard Sr. was a man of vision whose innovative approach to grocery shopping left an indelible mark on the industry. Born on December 1, 1929, in Norwalk, Connecticut, Leonard's journey in the business world began in the dairy industry, with roots deep in his family's Clover Farms Dairy. The
Amazon has taken a significant step forward in revolutionizing the e-commerce landscape with the initiation of its Prime Air drone delivery service trials in the UK. This groundbreaking development is part of a broader initiative by the UK's Civil Aviation Authority (CAA), which includes six
In an ambitious move to bolster the digital capabilities of small and medium-sized enterprises (SMEs) in Singapore's retail and security sectors, the Infocomm Media Development Authority (IMDA) has launched two pioneering solution categories under its Advanced Digital Solutions (ADS) scheme. These
The retail industry is experiencing a transformative shift driven by technological advancements, particularly Big Data and predictive analytics. These technologies are revolutionizing how retailers operate and interact with customers, enabling businesses to gain profound insights, optimize
