The Malaysian retail market is estimated to enjoy 6.4% growth this year, a jump up from the RM88 billion in transaction volume recorded in 2012. However to fully capitalise on growth opportunities, retailers should embrace new trends such as the rising use of mobile platforms to reach out to and retain consumers.
Oracle Corporation has launched Oracle Retail Allocation, which it said would help retailers improve customer experience and increase inventory sell-through.
Retailing in the connected world is about understanding the impact of mobile, online and social media – or ‘omnichannel’ retailing, writes Motorola Solutions' Anand J. Mehta.
NEC Corporation of Malaysia has officially launched the Regional Retail Business Support Centre (RBSC) in Kuala Lumpur, which showcases its retail and business solutions.
Online fashion and beauty retailer Zalora said it has secured a 20-million-euro investment from German retail giant the Tengelmann Group.
Intel has launched Ultrabook City, an all-new retail experience, at Kuala Lumpur’s specialist IT mall Plaza Low Yat for Malaysian technology fans to explore its new category of devices.