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  • October 23, 2014
  • Last updated: 8:22am
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  1. Business - Commodities

    China retail gas, diesel prices to rise 1pc

    Posted Jun 21st 2013, 07:35pm by Reuters

    ... Reuters in Beijing China announced on Friday a small hike of a 100 yuan (HK$125.3) per tonne, or roughly 1 per cent, to its retail gasoline price ceiling and a 95 yuan increase to diesel, effective Saturday, largely offsetting a previous cut early this month. China started a new fuel pricing system in March that has a closer link to the cost of crude oil.   ...

  2. Business - Companies - TECHNOLOGY

    Microsoft takes retail market fight into Asia

    Posted Jun 03rd 2013, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Software giant challenges rivals with plans for own branded stores in Hong Kong and on the mainland to engage directly with consumers Microsoft takes retail market fight into Asia Microsoft, the world's largest software company, plans to expand its network of branded retail stores into Hong Kong - which would be its first in Asia ...

  3. News - China - FOOD SAFETY

    Chinese retailers pull suspect Hero baby formula from shelves

    Posted Mar 29th 2013, 12:00am by ZHUANG PINGHUI

    ... Zhuang Pinghui pinghui.zhuang@scmp.com Shops pull suspect formula off shelves Retailers started pulling a brand of imported baby formula off shelves yesterday after a media report revealed ... ordered that 1.3 tonnes of the infant formula be pulled from shelves, and online retail giants such as 360buy.com and Tmall.com also removed the product, Xinhua reported. However, questions ...

  4. Business - Companies

    Australian retailers reach out to Chinese shoppers

    Posted Feb 08th 2013, 01:49pm by AFP

    ... Be polite but not too familiar, display lucky symbols and take things slowly - unusual advice for the frantic world of retail but Australian stores hope it will help lure cashed-up Chinese tourists. As Sydney gears up to host one of the world’s biggest Chinese New Year celebrations, officials are working to help struggling retailers use the key tourism event to set their cash ...

  5. News - China

    China's holiday retail sales jump 15pc

    Posted Feb 16th 2013, 02:24pm by Agence France-Presse in Beijing

    ... Agence France-Presse in Beijing China on Saturday said retail sales jumped nearly 15 per cent on-year during the week-long Lunar New Year holiday, as consumers splurged on jewellery, clothes and food. Lunar New Year marks the biggest festival of the year in China as hundreds of millions of people journey across the country to celebrate the season with their families ...

  6. Business - Companies - RETAILING

    US retailer Home Depot closes last seven big stores in China

    Posted Sep 15th 2012, 12:00am by Celine Sun

    ... Celine Sun celine.sun@scmp.com Last 7 big stores to close as US retailing giant keeps two shops and seeks online ventures Home Depot shuts mainland stores Home Depot, the world's largest home-improvement retailer, said yesterday it will close its remaining seven "big box" stores in China and focus on online sales and speciality stores. The announcement from ...

  7. News - China - BOOKS

    Low prices of online booksellers killing small stores in China

    Posted Aug 27th 2012, 12:00am by PYETON GUAN

    ... months later, the biggest privately owned book retailer in Shanghai, Jifeng Bookstore, closed four of its nine branches. Those are just a few examples of a trend that has been troubling for book ... to the decline of private brick-and-mortar retailers. "The unreasonably low prices offered by online sellers shows a disregard for the book industry, which, as an important channel for culture, ...

  8. Business - China Business - RETAIL

    Lilang to ease up on mainland expansion

    Posted Aug 16th 2012, 12:00am by Angela Che

    ... will launch a renovation project in this half to refurbish 300 to 350 retail outlets by the end of 2015. Wang said that before the project got under way, the company planned to have clearance sales ...

  9. China a fit for fast fashion retailers

    Posted Jan 30th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com With an eye on the rising spending power of China's middle class, international fast-fashion retailers are rushing to open stores there, particularly in second-tier cities. Among the latest to declare their expansion plans is Spanish clothing retailer Mango, which plans to open a further 800 stores in China as part of a global expansion programme, ...

  10. Cut in China's import tax could boost retail

    Posted Sep 03rd 2011, 12:00am

    ... stores. But it's not only local tills that have been ringing because of these roving shoppers. Retailers in Europe and the United States are also the main beneficiaries. Figures from ... Kong? 'Cutting the import tax on luxury goods may boost the overall retail market on the mainland,' says Angus Wai, general manager for human resources at Fairton International Group. ...




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