retail

The Latest

  • Nestlé Mulling Potential Sale Of Water Brands In China
    Nestle
    Nestlé confirmed on Tuesday that it is considering the potential sale of its bottled water business in China.
  • Apple Reopens Beijing Flagship Store With Fully Renewable Design
    Apple Store
    Apple's flagship store in Beijing's Sanlitun district is equipped with an integrated solar array on its rooftop making it run on 100 percent renewable energy.
  • AS Watson To Launch Watsons GO Touch-less Payment System
    Watsons GO
    Apart from launching its new Watsons GO payment system, AS Watson will also be scaling down its expansion plans this year.
  • Walgreens To Lay Off Part Of Boots UK Drugstore Workforce
    Boots Drugstores
    Walgreens plans to lay off up to 4,000 employees from its Boots drugstore unit in the UK, which is around 7 percent of the unit's total workforce.
  • Sun Hung Kai Malls Giving Away $1 Million In Vouchers To Entice Shoppers
    Hong Kong Mall Industry
    Sun Hung Kai is giving away $1 million worth of cash vouchers to mall-goers at all of its 24 shopping centers in Hong Kong.
  • Macy's Shares Surge Amid Positive Response To Stores Reopening
    Macy's Reopening
    Macy's share prices surged by more than 12 percent on Tuesday, following its announcement of better-than-expected consumer response to its reopened stores.
  • Hong Kong Firm OmniFoods Launches Plant-Based Luncheon Meat
    Plant-based Meat
    OmnniFoods is aiming to tap into the growing plant-based meat market, bolstered recently by surging meat prices and the region's growing health trend.
  • Kohl's Exits Eight Underperforming Women's Apparel Brands
    Kohl's Department Store
    Iconic women's apparel brands such as Jennifer Lopez, Popsugar, Dana Buchman, Elle, and Juicy Couture will no longer be available at Kohl's department stores.
  • Carrefour To Halve 2019 Dividends Amid Ongoing Crisis
    Carrefour Europe
    Apart from reducing its dividends by half, Carrefour is also proposing pay cuts for its top executives in order to save additional cash.
  • Walmart To Invest 3 Billion Yuan To Put Up Stores In Wuhan
    Walmart China
    Walmart China plans to put up four Sam's Club stores,15 hypermarkets, and additional community stores in Wuhan over the next five years.
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