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  • November 29, 2014
  • Last updated: 5:10am
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  1. Business - Companies - MANAGEMENT

    Wal-Mart sacks senior executives on mainland and in Hong Kong

    Posted Nov 28th 2014, 04:35am by Bloomberg

    ... Bloomberg in Shanghai Wal-Mart sacks top HK, mainland executives Wal-Mart Stores, the world's top retailer, has fired about 30 senior executives in China, including several in Hong ... reappointed Scott Price as Asia chief this month as the retailer faces headwinds in its biggest markets in the region. US-based Wal-Mart is encountering stiff competition in China and also dealing ...

  2. News - World

    140m US shoppers join the hunt for post-Thanksgiving bargains

    Posted Nov 27th 2014, 09:42pm by Bloomberg

    ... retailers predict will be the best holiday season in three years. While the number of customers chasing deals over the weekend is projected to be roughly the same as last year, they're likely to spend more this time. The National Retail Federation is forecasting a 4.1 per cent gain in retail sales in November and December, the biggest increase since the industry grew 4.8 per cent ...

  3. Business - Economy - ECONOMY

    Consumer confidence in Hong Kong rises as China economy stabilises

    Posted Nov 29th 2014, 03:46am by SHIRLEY ZHAO

    ... gives retailers renewed optimism, a new index shows. Researchers believe the recovery is due to the launch of the Shanghai-Hong Kong Stock Connect on November 17, which helped offset ... to buy daily household products seen as having better quality and credibility. The research showed retail sales accounted for 23.3 per cent of the city's GDP last year, with 38 per cent ...

  4. Business - Money - IPO

    Mixed Hong Kong IPO debuts as oil’s plunge casts shadow over market

    Posted Nov 28th 2014, 10:09am by Ray Chan

    ... received by both retail and institutional investors, leading to 100 times oversubscription in their retail tranche. An oversubscription doesn’t guarantee an strong market debut, but it reflects overall participation since both retail and institutional investors can use margin financing to increase their size in subscribing for IPO shares. EGL and Maple Leaf raised HK$115 and HK$866 ...

  5. News - World - SOCIETY

    British shoppers see red as US shopping festival Black Friday debuts

    Posted Nov 29th 2014, 03:20am by AGENCIES

    ... Agencies in London UK retailers embrace US shopping frenzy, but fail to prepare for mayhem Brits see red as Black Friday debuts British police officers were called to stores across ... holiday, which falls on the fourth Thursday of November, is extravagantly promoted in the US as the start of the Christmas shopping season. For the first time, most British retailers have fully ...

  6. Business - China Business - ANALYSIS

    China on course to build world's first trillion-dollar online retail market

    Posted Nov 20th 2014, 07:13am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Alibaba and JD lead the way with mobile transactions likely to dominate internet sales Mainland set to be first US$1tr online retail market With e-commerce giants Alibaba Group Holding and JD.com driving domestic sales, the mainland could be on course to become the world's first US$1 trillion online retail market in five years. The milestones ...

  7. Business - Economy - ECONOMY

    Japan's lacklustre data deals blow to Abe growth push

    Posted Nov 29th 2014, 04:14am by AFP

    ... in a note. Separate figures showed the country's unemployment rate slipped to 3.5 per cent from 3.6 per cent, while retail sales rose 1.4 per cent in October. However, household spending fell ...

  8. News - Hong Kong - CONSERVATION

    Hong Kong says it won't be joining Elephant Protection Initiative

    Posted Nov 29th 2014, 04:03am by Ernest Kao

    ... the government's decision outside the China Goods Centre, a major ivory goods retailer, in North Point at 11am today. Lawmaker Elizabeth Quat earlier this year asked the initiative's secretariat ...

  9. Comment - Insight & Opinion

    Talking Points, November 28, 2014

    Posted Nov 28th 2014, 07:41am by STAFF

    ... The US is bracing itself for a traditional Black Friday shopping spree. On the day after Thanksgiving, retailers across the United States open their stores very early, offering many great bargains, discounts and promotional sales. Last year, the US National Retail Federation estimated that more than half of all Americans went shopping on Black Friday, spending US$57.4 billion. ...

  10. Lifestyle - Fashion & Watches

    Grana label reaches out with an emphasis on logistics

    Posted Nov 28th 2014, 05:16pm by DANIEL KONG

    ... cotton T-shirts. Then came Huzhou silk tops, followed by Japanese denim jeans. In many ways, the branding and business model echoes overseas companies such as American eyewear retailer Warby ...




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