Fresh baked goods and theme-based stores are also drawing customers. In order to better serve as one-stop supply stations for local people in their daily life, Taiwan’s convenience stores are expanding their floor space, adopting more sophisticated technology, taking on more functions, and seeking to make their store layouts more attractive. 7-Eleven, the largest convenience…
Rising food safety awareness and health consciousness among consumers around the world have made the consumption of organic foods a popular trend. In the United States, it is the fastest growing section of the food industry, with organic products accounting for over 5% of all food sold, totaling US$49.4 billion in sales in 2017, according…
A major driver of the Taiwan economy, the retail industry has gained momentum from technological development, rising disposable income, and the entrance of international players. In the newly published 2017 Taiwan White Paper, the Retail Committee of the American Chamber of Commerce in Taipei recommends practical steps for the government to take to improve the…
Gloria Outlets’ opening two years ago was a sign of impending change in the retail environment, from urban department stores to suburban shopping centers. A number of recently opened outlet malls are tempting shoppers to spend, even though overall consumer confidence has dipped due to rising prices and anemic salary increases. Retail market experts say…
As more and more Taiwanese shift to online shopping, traditional merchants are losing business. Not long ago, I visited Taipei’s camera district in search of a Fuji X100T, a compact digital camera capable of producing professional-quality images. The X100T is one of only a few cameras Fuji still manufactures in Japan, and is considered superior…
A beverage industry executive shares insights based on long experience in the Taiwan market. Doug Klein has lived in Taiwan for 17 of the past 28 years, on three different tours of duty separated by stints in Hong Kong. In 1987, Klein was working for McCann Erickson Advertising in his native Perth, Australia, assigned to…
Food companies find it hard to comply with a rule on the listing of ingredients. In the food industry lexicon, a “carry-over” is a substance – either a food ingredient or a food additive – that is present in a food product only because it is a subcomponent of another ingredient. The carry-over performs no…
AmCham’s Retail Committee offers suggestions on making proposed regulatory changes more practical. Whenever member economies of the World Trade Organization propose to alter existing regulations in ways that would potentially impact foreign products or services, a comment period of up to 90 days is available for other governments or concerned parties to raise objections or…
Taiwan needs to reinvent itself, and one potential solution is to develop a luxury goods market that is the envy of the region. This is part of a 6-part feature story on luxury goods in Taiwan: Aiming to be Asia’s Luxury Shopping Destination From Bags to Riches The Jewelry in Taiwan’s Crown Luxury Watches: More…
Liuligongfang is one of the very few Taiwan companies with the necessary cultural heft to become a luxury brand. It is little wonder that Taiwan, as a relatively recent arrival to the international high-end consumption market, does not really have a major luxury brand to call its own. Few countries do, in fact. According to…
