When it comes to Asia’s fragmented retail market and unique cultural differentiations, effective retail transformation can be fraught with challenges.

Scott Price, Group CEO of DFI Retail Group, has 30 years of global leadership experience in retailing. An American who previously worked in Japan and led Walmart’s Asian business from Hong Kong, Price returned to the territory three years ago from retirement to head up DFI Retail Group, which operates in 12 Asian markets. 

Price was a guest of Inside Retail’s Amie Larter on the Retail Transformers video series. He shared that among his early moves was to divest from businesses in which DFI was a minority shareholder, including Mainland China’s Yonghui supermarkets and Rustan’s department store in the Philippines.