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September 1, 2014

Regional Snack Food Players Achieving Growth in the US

Many regional snack food players are growing in the US using both traditional and unconventional methods. TastyKake, a Philadelphia-based pastry manufacturer expanded its distribution network in 2011 by being acquired by Flower Foods. As a result, TastyKake is now available in the southern US and is rapidly growing sales. Chicago-based SkinnyPop, other other hand, is growing without acquisition. The company sells to convince stores, mass merchandisers and drugstores in the US where low-calorie options can be limited.

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August 31, 2014

Alibaba: Ready to Conquer the Far West?

Filippo BattainiAnalyst Insight by Filippo Battaini - Retailing Analyst

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Alibaba has been featuring quite frequently in business news of late as the company piques investors’ interest with the issuing of its prospects for the planned IPO on the New York Stock Exchange. Notably with the opening of 11Mail.com, the Chinese e-commerce giant made clear that its presence in the US market will not only be limited to Wall Street or to Silicon Valley with investments in tech start-ups and that, with this move, Alibaba will attempt to compete against its fiercest global rivals, Amazon and eBay, in their domestic territory.

Global E-Commerce Competitive Environment

At present, and despite being mainly a regional player, Alibaba is the world’s second largest e-commerce company, with total B2C value sales of US$44.3 billion in 2013, according to Euromonitor International. However, when considering other indicators, in 2013 Alibaba was already the biggest online retailer in the world. For example, in terms of Gross Merchandise Volume, the Chinese company is bigger than Amazon and eBay combined, and also appears ahead of its two main competitions in terms of profits. So how do Alibaba’s operations compare with those of its main competitors?

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August 30, 2014

The Prevalence of Electronic Payments in the UAE

Dependence on cash is shrinking in the United Arab Emirates faster than many other markets around the world due to the prevalence of electronic payment methods. Improved infrastructure and a rise in point-of-service terminals and ATMs in the country are making it easy for consumers to pay for goods and services with electronic payments. Euromonitor forecasts that card payment transactions in the UAE will grow by 10.4 percent until 2018.

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August 29, 2014

Euromonitor to Speak at Asia Retail Congress 2015

AsiaRetailCongress

Event Name: Asia Retail Congress 2015

Location: Taj Lands End, Mumbai, India

Date: 13th to 14th Feb, 2015

Event Description: Asia’s single most important global platform to promote world-class retail practices. The focus of the two day Asia Retail congress is to discuss and influence the issues for change. The Asia Retail Congress is aimed at company chairs, presidents and CEOs from leading international and national retailers, directors of international and national retailers, directors of international brands who believe in making change happen. The Giants of Retail will meet at Asia Retail Congress 2015.

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August 25, 2014

Booming Internet Retailing in India, with Some Expected Challenges

Thidathip TawichaiAnalyst Insight by Thidathip Tawichai - Consumer Appliances Analyst

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The Indian Government recently eased the restriction for foreign e-commerce in India so that global online retailers such as Amazon and E-bay, as well as other foreign manufacturers, are encouraged to sell their own products online as long as the products are sourced and produced within the country.  This will definitely be beneficial to consumer appliance manufacturers in India. Manufacturers such as Samsung Corp, LG Corp and Panasonic Corp have opened e-stores in India to gain further revenue.  However, internet retailing of appliances in India faces some challenges, such as inefficient infrastructures and cannibalising sales between store-based and online retailers.

 

Technology and Societal Trends Drive Growth

According to Euromonitor International, internet users in India increased from 51 million users in 2008 to 176 million users in 2013 – growth of 248%.  Moreover, volume sales of smart phones in India rose by a CAGR of 69% over the same period. The increasing rate of internet and smartphone usage has fuelled internet retailing in India.   Not only that, the so-called “showrooming” trend has become extremely popular. Consumers can visit a store-based retail outlet to see, touch and feel the products they are considering purchasing before returning home to purchase them online at the lowest possible price, according to Euromonitor International’s Category Briefing on Internet Retailing in India.

Internet Users and Smartphones in India: 2008-2018

Smartphoneandinternetretailing_

Source: Euromonitor International

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August 24, 2014

FMCG and Retailing in Russia: Uncovering Business Opportunities

The 7th annual Euromonitor International seminar FMCG and Retailing in RussiaUncovering Business Opportunities is organised for top-level management from leading companies operating in consumer markets, as well as government, trade and banking institutions. 

Hear more about each session from our expert panel of analysts by watching the video.

Register Now >>

 

August 16, 2014

Discounters in Baltic Countries: Weak Results and Clear Underdevelopment

Roberta KniuipyteAnalyst Insight by Roberta Kniuipyte - Senior Research Analyst

Lidl Set to Make First Steps in Baltic Market in 2015

The discounters channel showed a subdued vague performance in Lithuania, Latvia and Estonia during the last decade, with local and regional retail players lacking experience to utilise this channel. However, the situation could change significantly in the near future. Although discounters have so far failed to make major inroads in the Baltic markets, Lidl is confident that it can change this when it enters Lithuania in 2015.

Sensitivity to prices has long been a key criteria for consumers in Estonia, Latvia and Lithuania. As far as brands are concerned, producers acknowledge the importance of promotions and that any brand accompanied by the dull and unglamorous word "discount" and a slashed price, is often the best-selling brand in the country.

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August 14, 2014

HBA Global 2014 Recap: First Aid Beauty's Success in South Korea

To successfully enter a new country, beauty companies need to be aware of the retailing and economic conditions as well as the needs of the consumers in that country. US-based skin care company First Aid Beauty (FAB) is a successful example, performing well in the ultra-competitive South Korean beauty market. FAB markets its products as medicated and safe for skin which appeals to South Korean women who purchase dermo-cosmetic brands such as Avene. FAB also promotes their products as hot-selling in the US, providing extra cachet. FAB sells its products in local Korean health and beauty retailer Olive Young, which promotes to young Korean women.

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August 13, 2014

Is Global Grocery Retailing Getting More Concentrated?

Global Grogery Retailing

While the move towards more concentration in grocery retailing is apparent in most markets, either developed or emerging countries, this trend cannot be seen at a global level. This reflects that the largest retailers, notably the top three global players, remain highly dependent on mature, developed markets, so that their sales growth lags behind that of local players in emerging markets. The saturation of large store formats may undermine expansion prospects for some of the largest players.

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August 10, 2014

Pharmacies and Drug Stores Using M-Commerce to Grow Sales

Pharmacies and drug stores are increasingly using the power of m-commerce to grow sales. For instance, Asian pharmacy chain Watsons uses a mobile app to communicate with consumers about health and beauty tips and send coupons. For other pharmacies, m-commerce is a platform to enter new markets, such US-based Vitamin Shoppe. The chain's partnership with Indian internet retailer Healthkart.com is allowing Vitamin Shoppe to expand to the country without an actual physical presence.

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Recent Posts

Regional Snack Food Players Achieving Growth in the US

Alibaba: Ready to Conquer the Far West?

The Prevalence of Electronic Payments in the UAE

Euromonitor to Speak at Asia Retail Congress 2015

Booming Internet Retailing in India, with Some Expected Challenges

FMCG and Retailing in Russia: Uncovering Business Opportunities

Discounters in Baltic Countries: Weak Results and Clear Underdevelopment

HBA Global 2014 Recap: First Aid Beauty's Success in South Korea

Is Global Grocery Retailing Getting More Concentrated?

Pharmacies and Drug Stores Using M-Commerce to Grow Sales