Retail Industry
The Latest
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Hong Kong's Sa Sa International To Close A Quarter Of Its Stores In The City
Chinese cosmetics retailers Sa Sa International revealed that it will be closing down up to 25 percent of its Hong Kong stores in the coming months. Chinese cosmetics retailers Sa Sa International revealed that it will be closing down up to 25 percent of its Hong Kong stores in the coming months. -
China's Luckin Coffee Announces Entry Into Vending Machine Market
Luckin Coffee announced plans to release two types of food and beverage vending machines, which will be placed in strategic locations around the country. Luckin Coffee announced plans to release two types of food and beverage vending machines, which will be placed in strategic locations around the country. -
Ikea Launches First Mobile App In China To Increase Sales
Ikea has just launched its first-ever Chinese mobile app to tap into more tech-savvy consumers in one of its largest markets. Ikea has just launched its first-ever Chinese mobile app to tap into more tech-savvy consumers in one of its largest markets. -
US Black Friday Event Sees Shoppers Spend $7.4 Billion Online
US shoppers spent a total of $7.4 billion in online shopping during last week's Black Friday event, $2.4 billion of which were made using smartphones. US shoppers spent a total of $7.4 billion in online shopping during last week's Black Friday event, $2.4 billion of which were made using smartphones. -
Toys R Us Returns With First Store Opening This Week
Toys R Us will be opening two new brick-and-mortar stores over the next few weeks, with the first one officially opening to the public on Saturday at the Unibail-Rodamco-Westfield's Garden State Plaza mall in Paramus, New Jersey. Toys R Us will be opening two new brick-and-mortar stores over the next few weeks, with the first one officially opening to the public on Saturday at the Unibail-Rodamco-Westfield's Garden State Plaza mall in Paramus, New Jersey. -
Walmart To Expand In Chinese Market With 500 New Stores
Walmart revealed on Thursday its aggressive expansion plan in China, which will include the opening of more than 500 stores over the next five years. Walmart revealed on Thursday its aggressive expansion plan in China, which will include the opening of more than 500 stores over the next five years. -
Walmart Confirms Plan To Double China Store Count
Walmart will double its store count in China within the next five to seven years. Walmart will double its store count in China within the next five to seven years. -
Amazon Banking On Shopping Hype In China For Black Friday Event
Amazon is expecting to get a big boost in its cross-border e-commerce platform from Chinese consumers at this year's Black Friday event. Amazon is expecting to get a big boost in its cross-border e-commerce platform from Chinese consumers at this year's Black Friday event. -
Nike To Pull Out Shoes And Apparel From Amazon
Nike announced that it will be ending its pilot program with Amazon, effectively removing its products from the e-commerce platform. Nike announced that it will be ending its pilot program with Amazon, effectively removing its products from the e-commerce platform. -
US Toymaker Hasbro Reports Worse-Than-Expected Profits Amid Import Tariffs
American toymaker Hasbro Inc missed hitting analysts' estimates for its quarterly profits, mainly blaming its performance on increased tariff-related costs. American toymaker Hasbro Inc missed hitting analysts' estimates for its quarterly profits, mainly blaming its performance on increased tariff-related costs.