Sunday, September 20, 2020
By: Inside Retail Asia Officially released data for retail sales in China show a rise for the first time this year as the economy recovers from the impact of the coronavirus. Figures for August showed a year-on-year increase of 0.5 percent...
By: Manila Bulletin In the wake of the COVID-19 and the volatile US-China trade tensions, retail businesses are looking to relocate operations to the ASEAN region, according to a global advisory and consultancy firm. While the ASEAN region is often the...
By: CNBC Demand for various commercial real estate asset types is expected to shift noticeably because of the coronavirus pandemic, with more people now working from home, flocking to the suburbs for space and buying online things they used to...
By: Rappler Tesco will create 16,000 permanent United Kingdom jobs to meet a coronavirus-fueled surge in online grocery demand, the supermarket giant said in a boost for the country's embattled retail sector. Britain's biggest retailer added in a statement that it...
By: Rappler Marks & Spencer, the British retail chain selling clothes and food, is to cut around 7,000 jobs as the coronavirus pandemic increasingly pushes customers to shop online. The job cuts, to be carried out over the next three months,...
By: Inside Retail Asia Savvy Southeast Asian consumers are shop-hopping across an average of 5.2 online sites before making a purchasing decision, up from 3.8 sites last year. The insight is among those unveiled by a new joint Facebook and Bain...
By: ABS-CBN In southwest San Francisco near San Francisco State University and championship golf courses, Brookfield Properties is redeveloping its Stonestown Galleria in perhaps the most disruptive retail environment in modern times. Macy’s vacated the mall in 2018, and Nordstrom followed...
By: Channel News Asia The Great Singapore Sale (GSS) will be an online affair this year, with online deals, virtual workshops, live-streaming activities and technology like virtual reality for shoppers to create a “new norm” shopping experience amid the COVID-19...
By: Retail Asia A number of global apparel brands have decided to pull out from the China market in a bid to scale down their operations and secure cash flow to survive the pandemic pressures, according to a report from...
By: Inside Retail Asia Clobbered by the crushing effects of the coronavirus pandemic, thousands of retailers from Bangkok to Singapore have rushed to set up online shops on big e-commerce platforms to stay afloat this year. Now entire shopping malls are...
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