The Singapore retailers struggle to the vending machine

Singapore: due to the stagnation of sales, high rents and manpower costs eroded his profit, Singapore AzanTengku Kalms gift company directors decided to close down the store and transfer all of its products to the vending machine. Kalms has rolled out 50 machine within the scope of the island, the main sales teddy bear and jewelry, is the city using one of the more and more companies of the vending machine, the move by the government for automation. While in Japan and other major markets appeared signs of saturation, the city-state's vending machine sales continued to appear some of the fastest growth rate, Japan vending machines per capita is the highest in the world, to 5. 5 million units. Tengku said: 'Singapore's rent is very high, it is hard to find a good retail employees. 'Singapore and Japan in employment and densely populated and space between the two countries face the same challenge co. , LTD. 'since the end of 2016 launched the first vending machine, Kalms, said it has posted a 15% quarter-on-quarter growth for 16 months in a row. Company is working with other companies, now in its machines sell food, clothing and electronic products, said it will launch hundreds of products to the whole island in the coming year. LeTach manufacturing vending machine in Singapore also benefit from this trend. LeTach co-founder Steve, ( SteveChia） Says the company has 50 vending machine development from 2011 to the current more than 1000 sets, and added that the type of the vending machine also has from the distribution of drinks and snacks to sales daily necessities and accessories. Rapid growth, according to research firm EuromonitorInternational data of Singapore in 2017 vending machine sales of $67. 2 million, an increase of 3% over the previous year, to 2020 sales are expected to exceed $72 million. Although the island with a population of about 5. 6 million only on the vending machine sales only in the top 30 countries, but it is second only to Russia, 12. 3%) , China ( 11. 5%) , Thailand ( 8. 5%) One of the fastest growing markets. ） And the united Arab emirates ( 3. 3%) 。 At the same time, through interviews with trade institutions and companies, according to Euromonitor data collection due to increased competition and price-sensitive customers, Japan and other major markets are falling. In Singapore, the government has been encouraging more human resource to save the company from all walks of life form, at the same time take measures to reduce the dependence on low skilled foreign workers, and to ensure that local people have more job opportunities. In addition to a cost millions of dollars' national robot program, a such plan also aims to grants and advisory services to promote the technology development of the food service industry. In the plan, with the help of catering supplier JR group in the past decade has developed from a vending machine to more than 100, now has unattended cafe open 24 hours a day, for sale is a local hot food and western-style, India, South Korea and Japanese food machine. JocelynChng JR, group chief executive, said: 'we hope to find a solution and a new method, in order to help us to effectively launch of our products, at the same time will be the savings on to our customers. 'vending machine in Singapore can find other unusual items are insect repellent, flowers, health care products and ceramic bowls and vases. The trend of the robot sales may have its limitations. Carl's in some of the gifts and souvenir industry competitors, said applies only to the emergency procurement, the model can not meet the leisure shoppers shopping into Singapore or millions of visitors every year. Head of education toy company TheBetterToyStore SusanTay said, she's products need to interact with the robot in the world to lose to the customer for more interpretation of human interaction. Tiy said: 'automation machines may just want to sell retailers is a Gospel, but for the need to products and ( Consumers) Responsible retailers demand matching is a curse. ”