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New World to open up to 6 stores in China on demand

New World to open up to 6 stores in China on demand New World Department Store China Ltd., controlled by Hong Kong billionaire Cheng Yu-tung, will open as many as six stores in China this year to benefit more from the stimulus program driving the nation s growth. The retail arm ...

Dollar General Looks for Big Growth This Year

Dollar General Looks for Big Growth This Year When the economy took a downward turn, consumers began shopping in dollar stores in greater numbers than ever before. Now, as the economy begins to improve, many chains are looking to solidify past gains and create new opportunities ...

Wal-Mart to open first Sam's Club in Shanghai

Wal-Mart to open first Sam s Club in Shanghai The American retail giant Wal-Mart has signed a cooperation agreement with the commercial real estate firm Shanghai You You Group to open Wal-Mart s first Sam s Club in Shanghai. Located in You You Trade Center, a project developed by ...

MasterCard to launch e-commerce mall

MasterCard set to open an online shopping mall MasterCard is getting into the predictive online marketing business. Through a new partnership with an Internet company that specializes in personalized shopping, MasterCard is set to introduce a Web shopping mall on Monday that it ...

Gap reveals China retail development plans

Gap reveals China retail development plans American clothing retailer Gap Inc. has unveiled details of its entry into China with plans to open Gap stores in Beijing and Shanghai in late 2010, and simultaneously bring an online shopping experience to all Chinese consumers. The ...

Tesco pilots click and collect shopping

Tesco is launching the nation s first drive thru supermarket service today (23 August) to help its customers manage their time. The supermarket is targeting customers that are too busy to visit the supermarket or wait for online grocery orders to be delivered. The click and ...

Adidas opens first official e-retail site in China

Adidas launches an online store on China s TaoBao.com Athletic footwear manufacturer Adidas Group today opened up a flagship online store on Taobao Mall, China s massive e-commerce marketplace. The store will serve as the retailer s lone official online retail channel in China. ...

MasterCard continues to improve payment technology

MasterCard Gets Mobile and International MasterCard has made payment tech moves on a pair of fronts, enabling smart phone money transfers and paving the runway for international shopping while online. The card firm has partnered with Borderlinx, an international cross border e...

Japan's Rakuten reports 16.4% rise in sales so far this year

Japan s Rakuten e-retailer books larger sales Japan's top online Rakuten on Tuesday reported an increase in net sales for the nine months to September as it continues a global expansion of its e-commerce business. Sales rose to 252.56 billion yen (3.15 billion dollars), up 16.4 ...

U.S.: post-recession consumer adopts new shopping patterns

How America Now Shops: Dollar Stores, Online Retailers (Watch out, Walmart) Consumers may be emerging from the Great Recession a little more willing to spend these days, but they re still incredibly price-conscious and making smaller, more frequent purchases rather than loading ...

Online shopping in Europe remains resilient

Online sales weather recession as people seek out deals The economic downturn may have kept many European consumers away from stores, but online shopping stayed resilient through the crisis as people spent more time at home and strove to find the best deals through Internet ...

Grocery retailers battle over consumers in Brazil

The Three-Way Fight for Brazilian Shoppers In Latin America's largest market, Wal-Mart is spending big to overtake Carrefour and local rival Companhia Brasileira de Distribuic o Grupo P o de A car Maria do Socorro Brito Lyra never leaves her S o Paulo home to go shopping without ...

China mulls real name registration for online shops

China mulls real name registration for online shops From: Xinhua Supporters outnumbered opponents Sunday in an online poll on introducing a real-name system to online retail registration after China's commerce authority issued a draft to solicit public opinion. The State ...

E-commerce continues to grow

E-retail puts together back-to-back double-digit growth quarters The double-digit growth in e-commerce in the fourth quarter was no fluke: The U.S. Commerce Department reported today that e-commerce sales grew 14.3% in the first quarter, following the fourth quarter 14.6% gain. ...

Online sales of green products in UK are poised to surge

Green retail set to soar as prices fall UK online sales of environmentally-friendly products are expected to hit 1.4bn in value by 2015, up from 607m in 2009. These are the key findings of new research carried out for shopping service Kelkoo by the Centre for Economics and ...

Consumers expect more than just products from online stores

In the age of mobile networks, E-commerce gets personal Imagine an online store that replicates the experience of stepping into a boutique. As online and in-store retailing converges with the growth of mobile networks, the daydream could become a reality. Via their smartphones, ...

E-commerce trade in China in 2009 exceeded $527 billion

China boasts 100 mil online shoppers, e-trade at $527 bil in 2009 Over 100 million Internet users, or more than a quarter of China s 384 million online population, shop online, a government white paper on the Internet released Tuesday said. E-commerce trade volume in 2009 ...

Mobile options make life confusing for retailers

Next generation of mobiles offering too much choice? Whilst it might be heaven for technology fans and for consumers, the rapid diversification in next generation smartphones is creating a headache for online retailers who are simply to trying to ensure that consumers can use ...

Japanese fakes are hot on Chinese e-commerce sites

Sales of fake Japanese goods spread on Chinese Web sites Increasing numbers of counterfeit Japanese goods such as watches and cosmetics are spreading on Chinese online shopping sites, according to a recent investigation by the Ministry of Economy, Trade and Industry. METI has ...

One Retail Sector Defies Sluggish Economy

One Retail Sector Defies Sluggish Economy Shop.org and Forrester Research surveyed retailers about their gross online sales, and found that second-quarter Web sales were up about 15.1 percent from the same period a year ago, and nearly half of those who responded said their ...
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Latest World News

china

China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Xinhua Exclusive: China advised to highlight community healthcare in addressing
Xinhua Exclusive: China advised to highlight community healthcare in addressing aging issue: WHO official
GENEVA, Jan. 23 (Xinhua) -- China should shift its focus from ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
Wall Street slumps following global sell off
Wall Street slumps following global sell off
NEW YORK, Jan. 24 (Xinhua) -- U.S. stocks dropped sharply Friday, with ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Malaysia to allow foreign companies make small hybrid cars
Malaysia to allow foreign companies make small hybrid cars
Foreign companies will be allowed to make small hybrid cars in ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

industry

trade

AMR files for bankruptcy protection
AMR files for bankruptcy protection
American Airlines' parent company AMR Corp. filed for bankruptcy ...
Argentina's trade surplus falls 27 percent in 2013
Argentina's trade surplus falls 27 percent in 2013
BUENOS AIRES, Jan. 23 (Xinhua) -- Argentina's trade surplus in ...
Logistics industry faces reshuffle
Logistics industry faces reshuffle
Every day at 7 a.m., Xiao Lin, a Shentong Express courier in Hangzhou, ...
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