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  • April 20, 2014
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  1. News - Hong Kong - RETAIL

    Holiday rush takes toll on formula stocks

    Posted Oct 02nd 2013, 12:00am by LO WEI

    ... to be seen to have enough stock as Food and Health Secretary Dr Ko Wing-man has promised to scrap the two-tin limit imposed on outbound travellers if it is found there is enough for the local market. Consultants employed by the government will pay visits to pharmacies to check stocks during and after the holiday. Chiu Chow Dispensary in Mong Kok, which joined the coupon scheme, set aside about 30 ...

    http://www.scmp.com/news/hong-kong/article/1322386/holiday-rush-takes-toll-formula-stocks
  2. Business - Companies - RETAIL

    Fast Retailing CEO upbeat despite Asia tensions

    Posted Mar 05th 2014, 04:36pm by TIFFANY AP

    ... of the company's secondary listing, aimed at raising its profile in the region. Fast Retailing's first day of trading on the Hong Kong Stock Exchange saw its shares soar as much as 31.5 per cent from their HK$27.36 offer price before falling back to HK$29- up 5.99 per cent- when the market closed. Yanai wants to achieve five trillion yen (HK$378 billion) in annual sales and become the biggest apparel ...

    http://www.scmp.com/business/companies/article/1440986/fast-retailing-ceo-upbeat-despite-asia-tensions
  3. News - Hong Kong - RETAIL

    HK$1,500 fixed penalty proposed for shops that spill into the street

    Posted Mar 15th 2014, 04:11am by SHIRLEY ZHAO

    ... at restaurants, wet market stalls that spill outside and construction companies that extend their business onto the pavement as the main targets for the proposal. But he raised the possibility that, ... Young said local communities or district councils might be able to identify areas where the rules were relaxed, and cited Mong Kok's flower market as an area where the government would ...

    http://www.scmp.com/news/hong-kong/article/1448875/hk1500-fixed-penalty-proposed-shops-spill-street
  4. Business - Economy - RETAIL

    Shopping centres see brisk business during Lunar New Year break

    Posted Feb 06th 2014, 04:24am by Yvonne Liu

    ... consumption demand remains strong because of the low unemployment rate, and the outlook for the retail market remains optimistic," she said. "Overall retail sales for this year won't ...

    http://www.scmp.com/business/economy/article/1421658/shopping-centres-see-brisk-business-during-lunar-new-year-break
  5. Business - Companies - RETAIL

    Ikea group sees consumer recovery worldwide, posts record profit

    Posted Jan 28th 2014, 04:44pm by Reuters in Stockholm

    ... top furniture maker, said on Tuesday it saw signs consumer spending was starting to recover in many of its markets as it posted record full-year profits. Retailers have been struggling ... offer, we plan to double sales by 2020,” Agnefjall said. Growth will mainly be in existing markets – in China it has opened 11 stores in a decade, but also in new markets such as India, where ...

    http://www.scmp.com/business/companies/article/1415772/ikea-group-sees-consumer-recovery-worldwide-posts-record-profit
  6. News - Hong Kong - RETAIL

    Grocery giants ParknShop, Wellcome accused of pressuring suppliers

    Posted Dec 20th 2013, 04:29am by Amy Nip

    ... Commission should investigate whether their behaviour is anti-competitive. The watchdog yesterday released its latest study of the grocery market. It claimed the two chains had reached exclusive ... of reference for the competition law passed last year which is yet to be put in operation. ParknShop has 28.6 per cent of the grocery market while Wellcome takes 33.9 per cent. "If supermarkets ...

    http://www.scmp.com/news/hong-kong/article/1386263/grocery-giants-parknshop-wellcome-accused-pressuring-suppliers
  7. News - Hong Kong - RETAIL

    Small shops at risk due to the Link's deals with big chains, says watchdog

    Posted Dec 20th 2013, 04:29am by Amy Nip

    ... market share exceeding 60 per cent of the food retail sector, the watchdog estimated in a report released yesterday. In many districts, there is more than one supermarket chain store within ... the real estate investment trust sacrifices small shops for big chains. This year, the Link evicted 50 tenants from a wet market in Yau Ma Tei to make room for a supermarket. "The proportion ...

    http://www.scmp.com/news/hong-kong/article/1386137/small-shops-risk-due-links-deals-big-chains-says-watchdog
  8. News - Hong Kong - RETAIL

    Brands and Products Expo begins, with millions expected to visit

    Posted Dec 14th 2013, 05:29am by SHIRLEY ZHAO

    ... Company founder Chan Lo-yi said the market price of the ingredient was getting lower and that he hoped his offer could help promote the delicacy. He has kept prices the same this year, ... bottles of orange or ginger lily-infused shower gel per day for the first week of the fair. Senior marketing director Thomas Tam Shek-luen said he wanted more people to support "100 per cent ...

    http://www.scmp.com/news/hong-kong/article/1379984/brands-and-products-expo-begins-millions-expected-visit
  9. Business - China Business - RETAIL

    Student promotions drive record 3Q China spending on smart mobile devices

    Posted Dec 02nd 2013, 05:19am by BIEN PEREZ

    ... of market research company GfK. Alfred Zhou, managing director of GfK Retail and Technology China, described the third quarter as "the peak season on the mainland" for sales of those smart ... from technology research firm IDC showed that Samsung Electronics, the global smartphone market leader, remained the top supplier on the mainland last quarter. It was followed by Lenovo, ...

    http://www.scmp.com/business/china-business/article/1370569/student-promotions-drive-record-3q-china-spending-smart
  10. Property - Hong Kong & China - RETAIL

    Kwai Chung industrial building to be converted into a 10-storey mall

    Posted Dec 04th 2013, 05:34am by Yvonne Liu

    ... A pedestrian bridge will link the mall to the Kwai Hing MTR Station and KCC. The target market for stores in the mall would be shoppers from 25 to 49 years of age, and the tenant mix would include ...

    http://www.scmp.com/property/hong-kong-china/article/1371997/kwai-chung-industrial-building-be-converted-10-storey-mall

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