Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Walmart launched its hypermarket O2O platform “Walmart To Go” within the Chinese language metropolis of Shenzhen on Tuesday. The platform consists of the newly launched “Walmart” cellular purchasing APP, To Go Service Centre, in shops for self-pickup and a…
China will minimize import tariffs by about 50 % for some shopper items in June to spice up home consumption. Tariffs for imported skin-care merchandise will probably be slashed from 5 % to 2 %, diapers from 7.5 % to 2 %, leather-based boots from 24 % to 12…
Consumer confidence in the first quarter dipped one point from a quarter ago with sentiment about employment and personal finance both lowered, a latest study shows. The Chinese Consumer Confidence index stood at 106 in the first quarter this year, down from…
Conventional retailers and shopper items corporations want to vary the enterprise methods shortly within the realities of a “new normaI” in China. Worldwide shopper companies, particularly, have to be extra versatile and complicated with their offline and…
Metro China has improve its e-commerce platform metromall.cn – which integrates on-line, offline and cellular channels for a seamless buyer expertise, the wholesaler stated on Tuesday. With an optimized consumer interface and location-based providers,…
China’s mainland government will halve duties on imported clothing, accessories, skincare products and nappies from Monday June 1. The China duty cuts were first flagged early this month as Beijing’s lawmakers sought a way to revive flagging retail sales…
Walmart, the world’s largest retailer, says it can take in-house a few of the inventory sourcing it has beforehand contracted out to Li & Fung subsidiary Direct Sourcing Group. It expects by dealing with its personal sourcing, it should scale back prices in…
China’s market main smartphone firm Xiaomi is making what’s being interpreted as a tentative step into the US and Europe. The fast-growing younger firm, which sells extra telephones in China than another handset maker has but to open its first retailer…
Chinese language on-line retailer JD.com has chosen CES Asia to unveil two new devices to be bought by its JD Sensible division. JD Sensible is a just lately launched ‘sensible gadget platform and enterprise unit’ which has created what it describes as an…
Disney’s first retail store in China is in the Pudong district of Shanghai. The Walt Disney Co. has opened its first Disney Store in China, a 9,257-square-feet store in Shanghai that is the company’s largest retail store in the world. The new store, opened…
Higher China has put a dampener on the in any other case stellar success story of revamped luxurious model Burberry. The corporate had earlier posted an 11 per cent rise in income to £2.5 billion and a seven per cent improve in pre-tax revenue to £456 million…
Jumei Worldwide, the Chinese language on-line retailer of magnificence merchandise, has revealed a 61.eight per cent improve in first quarter gross sales to US$250.6 million. Gross merchandise quantity lept 20.three per cent because of a 14.three per cent…
French hypermarket operator Carrefour has additional prolonged its footprint in Taiwan and China, with three new shops opening their doorways in current weeks. Carrefour Taiwan has opened its 73rd retailer – the Xi Ke retailer in Hsi Chih science park. The…
China QSR operator Nation Type Cooking Restaurant Chain says same-store gross sales slumped 7.three per cent within the first quarter of this yr. The corporate, which is on monitor to open 60 new eating places this yr, reported first quarter revenues of…
Sunlay Design Group has created a stunning, futuristic design for the planned Chengde mall in China’s Hebei province. The modern shopping center has heavy ties to China’s ancient cultural influences, inspired by classical dragon mythology and the principles…
Used luxurious items retailer Komehyo Hong Kong has opened a downtown showroom as a part of its Japanese mum or dad’s regional enlargement technique to succeed in out to consumers outdoors Japan. President of Komehyo Hong Kong, Toshio Sawada, stated the…
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