retail

The Latest

  • Ele.me To Tap Into China's Lucrative Fresh Food E-commerce Sector
    China Fresh Food E-Commerce
    Online on-demand food delivery platform operator Ele.me aims to tap into China's growing demand for fresh food delivery services.
  • India Minister Publicly Scoffs At Amazon's $1 Billion Pledge
    Amazon India
    Indian trade minister Piyush Goyal mentioned that Amazon's $1 billion investment isn't doing the country any favors given how much it has managed to disrupt its retail industry.
  • Target Reports Disappointing 2019 Holiday Season Sales
    Target Holiday Earnings
    Target's worse-than-expected 2019 holiday season sales managed to result in a drop in its share prices.
  • Hong Kong's Sa Sa International To Close A Quarter Of Its Stores In The City
    Cosmetics
    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.
  • Citic Limited Dropping Portion Of McDonald's Stake Amid Lagging Sales
    McDonald's China
    State-owned conglomerate Citic Limited will be selling a substantial portion of its stake in McDonald's China as it is apparently lagging behind its "Vision 2022" targets.
  • Bed Bath & Beyond Shares Surge Following $250 Million Property Deal
    Bed, Bath & Beyond
    Bed Bath & Beyond shares rose by around 5 percent on Monday after the company announced the completion of a sale-leaseback deal that netted it $250 million in proceeds.
  • Key US Indexes Post Record Highs Amid Stellar Holiday Sales
    US Equity Index
    The NASDAQ Composite, the S&P 500, and the Dow all rallied on Thursday as retailers report record-breaking holiday sales.
  • Tibet Rapidly Adopting E-Commerce Technologies To Boost Trade
    Tibet Autonomous Region
    Online shopping is increasingly becoming popular in Tibet as the region's logistics and e-commerce infrastructure continues to improve.
  • Nintendo Partners With Tencent To Bring Switch Console To China
    The logo of the Nintendo is displayed at Nintendo Tokyo, Nintendo's first official store in Japan
    Nintendo and Tencent announced that they will be rolling out the Switch console in China next week, just in time for the holiday season.
  • US Black Friday Event Sees Shoppers Spend $7.4 Billion Online
    US Black Friday Event
    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.
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