Eden Europe, s.r.o.’s Post

How did POYA grow from 37 stores in 2010 to over 370 in 2024? 🤔 Beauty and household goods retailer, POYA International Co., Ltd. opened a humongous flagship store across from SOGO on Zhongxiao East Road and the corner of Fuxing South Road in Taipei in 2020, the city's glitziest retail location. You might be thinking 'so what?' Well.....POYA started as a Tainan Jewlery retailer in traditional markets in the 80's and has now ascended to going toe-to-toe with international giants like Watsons Taiwan and the beauty counters of Taiwan's most premium department stores. Even a decade ago, its stores were mostly only found in Southern and Central Taiwan, and was generally considered a provinical low-cost retailer. Despite coming from humble roots, POYA is extremely data-driven, tech savvy, innovative, customer-centric and takes a long-term strategic approach to everything it does. POYA is a #Taiwan local retail hero and its origin story is worth telling. In this article I take a deep dive in to how POYA achieved this. https://lnkd.in/gXHNz-yd

Seven & i expands Japanese-style convenience stores in Australia with a 30% increase in the number of shops to 1,000. https://lnkd.in/gpN-YKz8

Thrilled to be sharing some insights I have collected throughout my assessment in evaluating Family Mart's international marketing strategy. As part of my international marketing unit, this assessment had developed me to conduct preliminary marketing research which I am confident will bring benefits in the future. In a nutshell, the company adopts a mixture of similarities and differences when operating in different countries. As an example, Family Mart outlets in Malaysia would continue the renovation and design aesthetics as how it is in Japan. This is truly a fascinating finding for me to acknowledge how the Japanese spirit is still intertwined and relevant in the Malaysian context. If you are too curious about Family Mart's marketing strategy, please have a look at the poster that I have attached below! 😁 #MKW3444 #FieldVisit #FamilyMart #InternationalMarketing #InternationalDevelopment

Korzinka launches Lowest Price campaign The new programme will help with the cost of living for Korzinka’s customers. The company always strives to make the instore experience comfortable and enjoyable and to offer the lowest prices on customers’ shopping. The new Lowest Price campaign (marked throughout the stores in Uzbek as “Eng arzon narx”) offers customers the lowest prices on a basket of everyday shopping items. Korzinka is undertaking continuous price monitoring in supermarkets and bazaars in Tashkent and Tashkent Region to make sure its stores offer the keenest prices. Customers can be sure that when the see the Eng arzon narx label, they are buying at the keenest prices. Prices are tracked weekly, and the company actively responds to any changes in market pricing. At the moment, the campaign is valid in Tashkent and Tashkent region. However, the company is working on launching it throughout the country in the near future. Read more: https://lnkd.in/gwVpH-6q #Korzinka #EngArzonNarx

Mat Viet Group Boosts Service Excellence by 29% and Conversion by 17% with Palexy Excited to share how our partnership with Mat Viet, Vietnam's leading eyewear retailer with 40 stores nationwide, drove significant improvements in their business performance. 👓📈 🔍 Challenge: Declining conversion rates in Mat Viet's Vision Testing Room 💡 Solution: Palexy provided data-driven insights, leading to a key strategy shift 🚀 Result: By applying their 12-step eye exam process to all customers: ✅ 29% increase in customer interaction rate ✅ 17% boost in conversion rate 💬 "Palexy has become my greatest assistant in store management." - Le Bao Trang, Area Manager, Mat Viet This case study shows how combining analytics with a customer-centric approach can transform retail performance. Facing similar challenges? Let's discuss how Palexy can optimize your retail operations. #RetailOptimization #DataDrivenRetail #CustomerExcellence

Dedeman Expands with €15 Million Investment in Pașcani... Dedeman, the leading Romanian DIY retailer owned by Dragoș and Adrian Pavăl, opened its 63rd national store on December 6 in Pașcani, following a €15 million investment. Spanning over 48,000 sqm, the store includes commercial areas, offices, a 364-space parking lot, and state-of-the-art equipment. This is Dedeman's second store launch in 2024, after Arad, as part of its strategic expansion across Romania. The company, boasting over 13,000 employees and €11.5 billion in 2023 revenue, continues to diversify into real estate, logistics, and international ventures. (Source: Profit.ro)

Good job Yudong! The best way to truly understand a new market before making business decisions is to immerse yourself—set foot on the ground, engage with the locals, taste the food, and absorb the culture. However, for many small businesses and start-ups, this level of immersion isn't always possible due to limited resources. That’s where the power of the internet comes in, offering incredible tools to bridge the gap. The following tools I mostly use during site selection and conduct market research. 1. Google Maps – More than just navigation, it’s a powerful tool for exploring urban landscapes, understanding traffic patterns, and assessing the proximity of potential store locations to key landmarks, shopping areas, and competitors. Use Street View to take a virtual walk around the neighborhood. 2. YouTube – A treasure trove of local insights. Watch vlogs, street tours, and daily life videos to get an authentic feel for the culture, lifestyle, and consumer behavior in different areas. It’s like doing a site visit from the comfort of your desk. 3. Google Trends – Stay ahead of the game by tracking what’s trending in your industry. Compare search interest in your brand versus competitors, spot seasonal patterns, and gauge public interest across regions to make data-driven decisions. 4. Hoodmaps – While playful and based on stereotypes, this tool offers valuable crowd-sourced insights into neighborhoods. It highlights areas based on local perceptions—whether they're seen as trendy, up-and-coming, or more industrial—helping you find the right fit for your business. #marketresearch #Miniso #Google #busienssinsight #siteselection

Lets guess what could be the motivators for delisting: - Cost savings from staying l***** - Cost savings from c********* - Cost savings from a***** - Preparation for d********* 😏

Friday, November 15th, marked the opening of Sogo Hong Kong Twin Tower I Kai Tak, marking the second Sogo department store in Hong Kong and the 33rd Sogo&Seibu Group store in Asia under license. The history of Japanese department stores' globalization in Asia and Europe has been debated. The bubble economy of the late 1980s in Japan led major department stores to invest heavily in Asia and Europe, hoping to implement the same concept that they had adopted in Japan. History has shown that that approach was lacking in knowledge of local business and society culture, resulting in heavy investments not yielding a proper return on capital. Only a few of them have survived in Asia throughout the past thirty years of business history. Imposing a model on a different society is not successful, as there is no benefit in imposing one's own vision onto someone. It can be adapted and adjusted with some elements imported as a point of attraction for customers. It cannot be enforced as it is. Differently, the model we followed is a license with a local valuable and financially solid partner. The department's offering is enhanced by the import of brands that attract local customers and add value. If you're interested in the new Sogo Hong Kong department store, please refer to the attached article published on Hong Kong Business on line.

WHEN A SOLUTION BRINGS UP A NEW PROBLEM! Giving clothes a second chance is a great way to fight fast fashion. If you’re an observer of pop culture, you’ve probably noticed how thrifting has taken off in Malaysia. It’s become a big part of youth culture, like sneakers and gaming. Thrift stores are popping up all over—from the Klang Valley to places like Kota Bharu on the East Coast. Some even have storefronts that look like ZARA or H&M. Friends are now planning thrift runs and socializing over them—the new café hopping. In conversations, one thrifter mentioned that weekend garage pop-up events have become popular, where organizers take over an entire floor of a parking lot, and anyone can set up a stall for just RM20. So far, so good, right? But after chatting with a few thrifters, I’ve noticed something interesting. The thrill of finding cool clothes at a steal is becoming a bit addictive for some. They’re making 2-3 trips a week, picking up 5-7 pieces each time - leading to a potential hoarding issue. Not surprisingly, the "millennial minimalist" is now being overtaken by the “clutter core” trend. So the question is: is the solution to a problem just creating another problem? Are we replacing one consumption habit with another? Worth thinking about... #popculture #sustainability #youthculture #trends