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  1. India's liberalisation by stealth breeds ignorance

    Posted Sep 10th 2007, 12:00am by Sunanda Kisor Datta-Ray

    ... by 2011. While New Delhi allows individual foreign brands to sell in India through their own shops, the general retail trade is restricted to Indian entrepreneurs. Tesco, Carrefour and other supermarket chains have yet to be allowed a foot in the door of a business that is valued at US$350 billion and is reportedly growing at 20 per cent annually. Only 3 per cent of this burgeoning retail ...

  2. Retail rents poised for rebound

    Posted Jan 10th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu While owners of subdivided shopping malls struggle to find tenants, the outlook of the retail property market is promising amid a pick-up in retail sales. Property consultants said retail sales entered a consolidation phase last year, pushing shop rents down 3 per cent over the year. However, Simon Lo, a director of research and consultancy, said strong local ...

  3. Retail expansion carries some risks

    Posted May 17th 2007, 12:00am by Andy Chen

    ... Andy Cheng Local and foreign retailers that are expanding into second-tier mainland cities could suffer a decline in profitability as the spending power in those markets lags far behind gateway cities, McKinsey & Co has warned. Although start-up costs for a retail outlet in second-tier cities are 30 per cent lower than the expenses in prime cities, sales are on average 45 per ...

  4. Making staff happy a priority

    Posted Nov 21st 2007, 12:00am by Amanda Lee, Lee Wing-Sze, Mary Luk

    ... Lee Wing-sze, Mary Luk and Amanda Lee Keeping staff morale high is top of the agenda for this year's winners in the Supervisory Level of the HKRMA Service & Courtesy Award. The victors came from across different sectors in the retail industry. Jacky Leung Chung-wah, shop manager at Marathon Sports, who has 17 years of experience in the retail industry said: ...

  5. Hypermarkets ride on consumer affluence

    Posted Jul 16th 2007, 12:00am by Andy Chen

    ... of Britain, French retailer Carrefour and Metro of Germany, were among the early birds to enter the mainland market. Unlike convenience stores and supermarkets, which are easily franchised, retailers normally operate their hypermarkets directly, given the heavy investment needed for opening a store. This favours retail giants who can afford the high entry barrier. A study by consultancy ...

  6. Guidance comes with the personal touch

    Posted Jun 02nd 2007, 12:00am by Staff Reporter

    ... Susie Gyopos Companies in the retail sector have to compete fiercely to attract the best young talent, but all too often they then fail to provide the training and encouragement needed for rapid career development. Fairton International Group is different. It is one of few retail organisations to run a well-defined management training programme for new recruits and, as a sign ...

  7. Retailers warned over tainted mussel meat

    Posted Nov 26th 2007, 12:00am by Danny Mok

    ... Danny Mok The Centre for Food Safety has urged retailers to stop selling a batch of frozen mussel meat imported from Sanford of New Zealand because of possible contamination with listeria bacteria. The move follows a product recall issued by the New Zealand Food Safety Authority. The batches that are suspected to have been contaminated are NZL2007/FEL90/421077, NZL2007/FEL90/421241, ...

  8. Luxury brands race for retail space to cash in on expected spending spree

    Posted Oct 15th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu With the world's leading luxury brands beating a path to Beijing to capture an expected flood of spending during next year's Olympic Games, demand for retail space ... have driven most demand in different sectors in the city,' she said. 'Their impact on the retail property market is most obvious in the Yintai Centre.' The centre - located close ...

  9. Luxury brands drive retail rents

    Posted May 30th 2007, 12:00am by Yvonne Liu

    ... Widening gap in markets reflects changing shopping patterns of mainland tourists Rental growth in Hong Kong's retail leasing market has varied, as rents for prime street shops in Tsim ... the changing shopping patterns of affluent mainland travellers, who used to shop for electrical appliances and audio products in mid-tier retail areas but are now switching to high-end luxury fashions, ...

  10. SFDA warns against online drugs retailers

    Posted Aug 09th 2007, 12:00am by Staff Reporter

    ... Online shoppers have reason to question the safety of pharmaceuticals bought from mainland-based internet drug vendors, given that just four websites are authorised. State Food and Drug Administration (SFDA) spokeswoman Yan Jiangying named the accredited ...




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