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Assa Abloy (Sweden) Plans 500 Yale Smart Shop Franchise Stores Across Asia

16 Jan 2020 - Locks and security-solutions company Assa Abloy plans to expand its Yale Smart Shop franchise network to 500 stores across Asia after a successful pilot in Toa Payoh, Singapore.

The company has launched a franchise program for Yale Smart Shop with a new store in Tiong Bahru, Singapore.

The store-in-store retail concept includes modular display cases which are geared for rapid deployment in new stores, the company said in a statement. The e-commerce platform fully supports a scalable yet sustainable business model to translate offline experiences into online purchases.

To ensure a consistent brand experience and smooth launch and operations at new locations, all franchisees will receive a Yale Smart Shop playbook, a store operator starter kit, and comprehensive training at the pilot store in Singapore.

Inside Retail Asia