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  • July 11, 2014
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  1. Lifestyle

    Local businesses pushed out by luxury retailers catering to the mainland

    Posted Jun 10th 2013, 12:00am

    ... and accounted for 28 per cent of revenue in the retail sector. But the stampede to tap this lucrative market has roused increasing resentment among Hongkongers, as many homegrown businesses and services ... of their observations are echoed by cultural commentators and real-estate agents specialising in retail properties. Sameness in the retail landscape is most obvious in the major shopping districts of Causeway ...

    http://www.scmp.com/lifestyle/article/1255737/local-businesses-pushed-out-luxury-retailers-catering-mainland
  2. Business - China Business

    Corrections & Clarifications

    Posted Mar 06th 2013, 02:18am

    ... In “ MGM builds presence in Cotai strip ”, published on February 28, MGM China was misidentified as a joint venture between two parties. It is, in fact, a subsidiary of MGM Resorts International and partly owned by Pansy Ho Chiu-king. In “ Don’t cap visit ...

    http://www.scmp.com/business/china-business/article/1181150/corrections-clarifications
  3. News - Hong Kong

    Task force addresses manpower crunch in retail industry

    Posted Dec 31st 2013, 03:35am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Task force deals with retail staff shortage A government task force has rolled out a series of measures to tackle the retail industry's manpower problems, but remains split on whether bosses should be allowed to import staff. The Task Force on Manpower Development of the Retail Industry, comprising 16 members appointed in March, released its report ...

    http://www.scmp.com/news/hong-kong/article/1393365/task-force-addresses-manpower-crunch-retail-industry
  4. Business - Companies - MARKETS

    Retail investors cry foul over Huayi's film preview

    Posted Dec 23rd 2013, 04:47am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Moviemaker accused of insider dealing after preview by institutions sparks panic sell-off Retail investors cry foul over Huayi's film preview ... trading, saying it should not have given institutional investors a preview ahead of retail investors. "By giving institutional investors a first-hand experience of its prime product, ...

    http://www.scmp.com/business/companies/article/1388572/retail-investors-cry-foul-over-huayis-film-preview
  5. Business - Companies - MARKETS

    AS Watson retail spin-off seen as perfect timing

    Posted Dec 19th 2013, 01:38am by Jeanny Yu and Bloom

    ... Jeanny Yu and Bloomberg AS Watson retail spin-off seen as perfect timing Hutchison Whampoa's reported spin-off of its retail arm could be perfectly timed as valuation of Asian ... public offering of its retail arm, AS Watson, Sky News reported on its website yesterday, citing sources. Now is a great time to sell as investors are willing to pay a high premium STEPHEN ...

    http://www.scmp.com/business/companies/article/1385422/watson-retail-spin-seen-perfect-timing
  6. Business - Economy

    China November industrial output growth slows to 10pc as retail sales rise

    Posted Dec 10th 2013, 05:47pm by Agence France-Presse in Beijing

    ... Agence France-Presse in Beijing China’s industrial production growth slowed in November but retail sales rose, suggesting a mixed picture for the world’s second-largest economy China’s industrial production growth slowed in November but retail sales expanded at a faster pace, official figures showed on Tuesday, suggesting a mixed picture for the world’s second-largest economy. ...

    http://www.scmp.com/business/economy/article/1377516/china-november-industrial-output-growth-slows-10pc-retail-sales
  7. Business - Companies

    GOME expects interim profit on back of strong Q2

    Posted Jul 19th 2013, 12:16pm by Reuters

    ... per cent of the losses incurred by its e-commerce business. GOME, China’s second-largest electrical appliance retailer, said profits in the second quarter doubled from the first quarter ...

    http://www.scmp.com/business/companies/article/1286079/gome-expects-interim-profit-back-strong-q2
  8. Lifestyle - Family & Education

    Influx of mainland students in town to sit the SAT proves a boon for retailers

    Posted Dec 06th 2013, 05:39am by Andrea Chen

    ... Andrea Chen andrea.chen@scmp.com Several times a year, waves of mainland students converge on the city to sit the SAT. The influx is proving a boon for tour companies, as well as hotels and retailers, writes Andrea Chen Test the limits Thousands of mainland students converged on the AsiaWorld-Expo on day five of China's Golden Week holiday in October. But they weren't seeking ...

    http://www.scmp.com/lifestyle/family-education/article/1373756/influx-mainland-students-town-sit-sat-proves-boon
  9. Business - Economy

    US Thanksgiving weekend retail sales dip as online spending jumps

    Posted Dec 02nd 2013, 09:12am by Reuters in New York

    ... Reuters in New York Heavy discounting took a toll on US retail sales during the Thanksgiving weekend as shoppers spent almost 3 per cent less than they did a year earlier, according to data released on Sunday by an industry group. That could be an indication of a more difficult season for many retailers. One bright spot, according to the data, was e-commerce, as online sales ...

    http://www.scmp.com/business/economy/article/1370786/us-thanksgiving-weekend-retail-sales-dip-online-spending-jumps
  10. Lifestyle - Arts & Culture

    Rough Trade record store spins its retail philosophy in Brooklyn

    Posted Dec 01st 2013, 04:19pm by NYT

    ... Ben Sisario Venerable British record store Rough Trade is going large with its retail philosophy in New York venture, writes Ben Sisario Ready to tough it out Buzzsaws were buzzing, hammers were hammering and a sea of empty display racks awaited their wares recently in a cavernous storefront in Brooklyn. It was a typical scene of retail construction in every way except ...

    http://www.scmp.com/lifestyle/arts-culture/article/1368657/rough-trade-record-store-spins-its-retail-philosophy-brooklyn

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