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  • April 19, 2014
  • Last updated: 12:20am
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  1. Business - China Business

    Lack of stimulus to drag on China's retail sales

    Posted Apr 14th 2014, 05:07am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Lack of stimulus to drag on retail sales Retail sales on the mainland are expected to remain soft for the rest of the year in the absence ... of Commerce. "People are cautious with their spending as overall economic growth slows. There's also not much exciting news from the government to boost the retail sector." Retail sales ...

  2. Business - Economy

    British retail sales rebound in January

    Posted Feb 11th 2014, 02:16pm by Reuters

    ... Reuters in London British retail sales rebounded last month after a weak December to record their strongest annual growth since April 2011, helped in part by a recovery in the country’s property market, a monthly industry survey showed on Tuesday. The British Retail Consortium, a trade body, said the total amount spent in stores last month was 5.4 per cent higher than a year ...

  3. Retail sites offer members a byte of the cherry

    Posted Mar 18th 2009, 12:00am by Kavita Daswani

    ... Kavita Daswani Entrepreneurs in Europe and the US - and, lately, in Hong Kong - have taken the thrill of a sample or warehouse sale and brought it to the consumer's front door. Well, to their computer, at least. Online retailers of samples or overstocks are offering luxury and emerging brands to their members who are drawn by the low prices. And although retail sales are slumping across ...

  4. Business - China Business - EARNINGS

    Sinopharm to step up drug sales in retail sector

    Posted Mar 25th 2014, 01:32am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Sinopharm to step up sales in retail sector Sinopharm, the mainland's largest drug distributor, plans to boost retail sales to more than 10 billion yuan (HK$12.5 billion) in 2016, said Li Zhiming, the state-owned firm's president. Last year, the firm's drug retail sales rose 17.5 per cent to 4.83 billion yuan. "We ...

  5. Business - Economy

    China retail sales lead business activity weakness, survey finds

    Posted Mar 21st 2014, 09:01am by NICK EDWARDS

    ... Retail weakness puts drag on China growth Slowing retail sales stand out as the primary drag on the mainland's economic growth so far this year, while activity in almost every other business ... of last year. Gains in retail revenues were reported by just 54 per cent of survey respondents, down from 61 per cent in the fourth quarter and 73 per cent a year ago. Retail sales over the Lunar ...

  6. Business - Economy - MANUFACTURING

    Data points to broad slowdown in Chinese economy

    Posted Mar 13th 2014, 02:30pm by Victoria Ruan

    ... investment rose 17.9 per cent in January and February, the least since 2002 and compared with full-year growth of 19.6 per cent last year. Retail sales growth cooled to 11.8 per cent in the two ...

  7. Business - Companies - RETAILING

    Hong Kong retail group head sounds caution as January sales rise 16.8pc

    Posted Mar 04th 2014, 05:10am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Association chief says it is better to look to the end of February, including the Lunar New Year Retail group head sounds caution as January sales rise Retail sales volume for January increased by 16.8 per cent over a year earlier but the Hong Kong Retail Management Association says it would be better to analyse January to February ...

  8. Business - Companies

    Fast Retailing cuts profit forecast on higher costs, waning Japan demand

    Posted Apr 11th 2014, 12:59am by BLOOM

    ... that he had yet to see an effect on sales from the tax increase. Net income dropped 15 per cent to 23 billion yen in the second quarter to the end of February, according to Fast Retailing ... Bloomberg in Tokyo Japan's Fast sees profits hurt by waning demand Fast Retailing, Asia's biggest clothing retailer, has cut its forecast for annual profit as costs rise ...

  9. News - Hong Kong - FOOD

    More live-chicken retailers join boycott over prices

    Posted Apr 14th 2014, 06:21am by LO WEI

    ... when all live poultry sales were suspended two months ago because of a bird-flu scare. The supply of market-age chickens is down and will decline further, they say. Retail prices have risen ... vice-chairman Ma Ping-lung, a retailer in Ngau Tau Kok, said the high prices and decline in sales means retailers are unable to cover their costs. Ma was not optimistic that the week-long boycott would ...

  10. Business - Companies - PROPERTY

    Mainland shopping mall developer CDG Retail defies economic downturn

    Posted Sep 25th 2012, 12:00am by Daniel Ren

    ... blueprint for the mainland. According to the Economist Intelligence Unit, retail sales in China are expected to account for 53 per cent of the total sales in the Asia-Pacific this year. Sales ... Daniel Ren in Shanghai ren.wei@scmp.com CDG Retail confident of mainland market, backed by strong consumer demand and expansion of local and foreign retailers Shopping centre developer ...




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