Profitability challenges continue to remain; new revenue streams needed to offset higher costs in online retail The online channel has experienced exceptional growth in recent years and is set to remain the fastest-growing retail channel globally through 2029. IGD’s latest Online Retail Trends Report reveals that this growth will add $164 billion in sales, bringing the channel’s total to $646 billion by 2029. It is also expected to gain the most market share of all modern grocery channels, … [Read more...] about IGD’s Online Retail Trends Report 2025: Online grocery leading the charge as the fastest growing channel
Industry
YummyCorp launches Jinsei, ManGan in Gama Tower, eyes control of US$17.5B institutional foodservice market
Launched in partnership with KPN Corp, the new dual-brand dining hub serves 6K+ professionals daily and is open to the public. It is YummyCorp’s 16th installation as it strengthens its hold on Indonesia’s institutional foodservice market. SUMMARY: YummyCorp (https://www.yummycorp.com/), Indonesia’s market leader in tech-enabled institutional food facility management, expanded its enterprise footprint with the official launch of Jinsei and ManGan, two new food service concepts … [Read more...] about YummyCorp launches Jinsei, ManGan in Gama Tower, eyes control of US$17.5B institutional foodservice market
VIVANT launches its TITAN Portable Electronic Decanter Chiller for wine connoisseurs in Singapore
VIVANT, a pioneer in wine technology, announces the official launch of its next-generation wine experience solutions in Singapore. Harnessing over 30 years of expertise in the technology industry with a profound passion for fine wine, VIVANT is introducing a curated suite of precision-engineered products designed to redefine and elevate how wine is served, savoured, and shared. Singapore, as one of Asia’s fastest-growing premium wine markets, presents a strategic entry point for VIVANT’s … [Read more...] about VIVANT launches its TITAN Portable Electronic Decanter Chiller for wine connoisseurs in Singapore