Asia – Page 6
-
NewsSuning to open 10,000 stores in 2020 in £4.4bn expansion splurge
Chinese retail titan Suning has revealed plans to open 10,000 new stores and create 8,000 jobs next year as part of an ambitious RMB 40bn (£4.4bn) expansion strategy.
-
OpinionOpinion: Has Ocado bitten off more than it can chew with Aeon deal?
It has been another tumultuous few days on the rollercoaster ride that is the Ocado share price.
-
NewsWalmart to double down on China with new store rollout
Walmart has unveiled plans to open 500 new stores in China, in a bid to more than double its footprint in the country.
-
NewsAlibaba kicks off £10bn share sale with Hong Kong listing
Alibaba has kick-started the sale of 500 million shares as part of the Chinese retail group’s plan to raise HK$100bn (£10bn) through a Hong Kong listing.
-
AnalysisFuture of food 2030: Vegan, personalised and delivered to your door
What will shoppers eat and how will they buy groceries in 2030 – and how should retailers react?
-
NewsFlipkart to launch online grocery business FarmerMart
Walmart-owned Flipkart has unveiled plans to enter the grocery market in its native India.
-
NewsJD.com chief: Retailer and brand collaboration will create new sources of value
The value of product will become less important to retailers in future but product will instead open the door to new sources of value, the bosses of Chinese ecommerce giant JD.com believe.
-
NewsTed Baker strikes Japanese licensing deal to drive growth
Ted Baker is to license its Japanese business, which at present is directly operated, to local partner Sojitz Infinity.
-
NewsEstée Lauder sales spike amid rapid China growth
Estée Lauder has posted a spike in fourth-quarter sales, driven by its performance in China.
-
AnalysisForget Alibaba and JD.com – who are China’s next retail giants?
The Chinese retail market is dominated by two heavyweights – Alibaba and JD.com. However, new players are reinventing retail space, exploring new opportunities and challenging the market shares of the two giants.
-
NewsTesco to launch 750 c-stores in Thailand expansion push
Tesco is preparing to fire the starting gun on an ambitious expansion plan in Thailand that will see it open 750 convenience stores over the next three years.
-
OpinionLeader: Western retailers can't take success in China for granted
As Aldi launches in China, Carrefour is scaling back. The French retail giant is the latest in a long line of big international retailers to dial down their presence in the Chinese market.
-
NewsJD.com exec Ling on the future of 'boundless retail'
JD.com executive Chenkai Ling believes retail will evolve into a “boundless” sector as new shopping channels emerge and combine.
-
NewsAlibaba overhauls marketplace to take on Amazon
Chinese etail titan Alibaba is overhauling its business model in order to better compete with Amazon on a global scale.
-
NewsGlobal Fashion Group narrows losses as sales spike
Fashion etailer Global Fashion Group has narrowed its full-year losses following a spike in sales.
-
NewsNew Look to exit China as 120 stores face axe
New Look is to pull the plug on its Chinese business as it focuses efforts on turning around its core UK division.
-
NewsAmazon probes claims its staff sold customer data
Amazon has launched a probe amid claims some of its staff sold confidential customer data to third-party companies.
-
NewsAlibaba's Jack Ma stands down - his letter in full
Alibaba founder and chairman Jack Ma is to stand down in exactly one year.
-
AnalysisJD.com: Inside retail's global giants
In the first of Retail Week’s series looking at the new forces in global retail, we look inside JD.com, the Chinese online giant that has 292 million customers, turns over £42.4bn a year and has the UK in its sights.
-
NewsAmazon to create Korean department store of the future
Amazon has teamed up with South Korean retail group Hyundai Department Store to create a “next-generation” retail model, including checkout-free stores and drone delivery.