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On 31 October 2022, CR NG Fung, one of Hong Kong’s biggest food distributors and producers, formed a strategic alliance with JD.com. The alliance will lead to CR NG Fung opening its first online flagship store on JD.com’s platform to promote its food grocery products.

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Dairy Farm International reported total revenue of USD 18,511mn, increased by 1%, and operating profit of USD 76mn, decreased by 37%, year-over-year in H1. It should keep improving sales and profitability, especially in food grocery retail, which suffered the most from COVID-19 impacts in the region. Sales normalizing in supermarket   Excluding the sales from non-grocery, associates and j...
A.S. Watson will invest an additional HK$900m (USD$11.5m) to drive its digital transformation and offer an easier and faster offline plus online (O+O) customer experience. Technology focus areas A.S. Watson will focus on boosting the resources in its in-house ‘eLab’ and ‘TECHLab’ digital solutions, artificial intelligence, big data, and retail technology. ‘eLab innovates O+O customer ...
ParknShop continues to enhance its ecommerce infrastructure and inspire customers by expanding its new store concept in Hong Kong. Empowering capabilities of ecommerce To cope with the high-speed growth in ecommerce, A.S. Watson's subsidiary ParknShop supermarket plans to invest more than HKD 200mn (USD 25mn) for accelerating its digital transformation. In Q4 this year, it will have an ec...

Presentations

06/12/2022
A guide to the retailer and its operations today. Updated twice yearly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.
03/11/2022
Against the backdrop of inflation and rising living costs, we have reforecast our growth expectations for the global market and key countries to 2027. This report highlights how inflation is impacting regions and countries differently.
17/08/2022
An in-depth review of the retailer's current and future performance, including an update on its strategic priorities and what this means for suppliers.
29/07/2022
Explore the latest update on one of the world's largest health and beauty retailers, including latest information on performance, strategic developments, key personnel and must see stores.

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Hong Kong country presentation

A guide to Hong Kong's grocery market and how we expect the market, its leading retailers and channels to evolve over the next five years.    

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