Douglas Hsu provided insightful insights on the future development of the retail industry at the Far Eastern Department Stores Manufacturers' Association in 2024, emphasizing the challenges and opportunities of the current business environment and outlining a hopeful blueprint for the attendees.
Read MoreFar Eastern Department Stores has proactively grasped the pulse of digital trends and established a "Digital Transformation Office" in 2019, setting up a dedicated unit and professional team to invest in research and application of smart retail. From the analysis of consumer behavior data, it re examines and adjusts existing operations to create new shopping journeys for customers.
Read MoreIn recent years, "digital transformation" has swept across various industries. A pandemic has forced the department store industry, which used to be the strongest in terms of human to human interaction, to accelerate its digital process. The accumulated digital assets have become the key to the post pandemic integration of online and offline, and to vigorously promote the consumer journey.
Read MoreTo stand still in the torrent of knowledge economy, we must pay attention to the acquisition, accumulation and application of knowledge, and catch the train of information technology. "Far East Magazine" has a new look.