June 2016

KFC to enter Myanmar - 01-05

KFC to enter Myanmar - 01-05

Yum! Manufacturers’ KFC is about to grow to be the second multinational quick meals chain to enter Myanmar. Yum! has signed an settlement with native franchise associate Yoma Strategic to open fried hen eating places within the quickly opening-up nation. The primary outlet will open in downtown Yangon quickly. KFC will comply with South Korean burger chain Lotteria into Myanmar. That chain, owned by Lotte Group, has opened seven eating places because it arrived there in 2013. It has additionally efficiently established first mover benefit in different Southeast Asian markets together with Vietnam. No date has been launched for the opening of the primary KFC outlet, however Yoma Strategic stated in a press release it is going to be the “first main American fast service restaurant to determine a foothold in Myanmar”. As much as 4 KFC eating places will open in Yangon by the top of the yr earlier than the corporate appears at different cities, reminiscent of Mandalay. Laos is now the final remaining Southeast Asian market KFC has but to enter.
URL >>http://www.retailnews.asia/kfc-to-enter-myanmar/

Global Retail CEO Council - 01-04

Global Retail CEO Council - 01-04

The NRF Global Retail CEO Council is a high-profile group of chief executives from the world’s leading retail companies promoting the retail sector’s interests worldwide, addressing topics such as workforce size and makeup, and will take an active role with legislative issues affecting retail operations and retail jobs worldwide. Membership is open to chief executives of retail companies with operations outside the United States who would like to play a role in improving the image and influence of the retail industry.
URL >>https://nrf.com/who-we-are/retail-communities/global#sthash.i5Mf1Pv9.dpuf

Forum for International Retail Association Executives - 01-03

Forum for International Retail Association Executives - 01-03

2015-06-02
FIRAE (The Forum for International Retail Association Executives) promotes networking, collaboration, and information exchange among retail trade association executives around the world to enhance the success of the global retail industry through the development of more informed and effective retail trade associations. FIRAE meets twice a year, with its annual meeting held in New York in January and a mid-year meeting in a member host country. Membership is open to all national retail associations. NRF serves as the permanent FIRAE Secretariat. See the list of members and learn more about joining FIRAE. For more information, contact Luciana Rocha-Goldman at rochagoldmanl@nrf.com.
URL >>https://nrf.com/membership/committees/forum-international-retail-associa...

Online Grocery Shopping is Moving In an Upward Direction - 01-02

Online Grocery Shopping is Moving In an Upward Direction - 01-02

2015-06-02
As consumer behavior shifts due to the rapid surge of new, exciting technologies that can assist in everyday life, we are now seeing stellar growth in an industry once limited to brick-and-mortar storefronts. As discussed by Michelle Coté of MyWebGrocer at the 2015 Sweets & Snacks Expo in Chicago, IL, the online grocery-shopping model is booming with 34% revenue growth year over year. Breaking down the data that includes companies like Peapods, Amazon Fresh, Walmart, Instacart, and many others, the average shopping basket for online grocery orders is $157 and contains between 50-53 items. The most avid users of such services are millennial’s, Generation Z, and Generation X who are rather tech savvy and posses a disposable income of around $20,000 - $30, 000 per year.
URL >>http://www.popai.com/industry-news-blog/online-grocery-shopping-is-movin...

Retailer Member

Retailer Member

Retail Member is a type of retail shop or store which has to sell 50% of its goods or service directly sold to consumers. A company or a store can be defined as one retail membership and store owner or an authorized person assigned by company or senior managers can participate as members in the association. Membership forms have to be completed and attached the YCDC registration copy or Company registration or recommendation from Shopping Mall as references for application. Employees under age of 15 should not be employed in the store or company according to Labor Laws.