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Singles Day may be an invented holiday, but Nov. 11 in China gives an indication of how retail will evolve globally over the next decade. And Alibaba is the company to watch. The numbers posted by e-commerce giant Alibaba on Singles Day — a holiday created as…
Stores are upping the ante for Black Friday, the sales extravaganza that begins on Friday (Nov 24). The yearly American shopping affair has gained traction in Singapore and both online and bricks-and-mortar stores are pulling out the stops to attract…
While the US formulated online super sales, such as this week’s Black Friday, Asia has adopted the concept with a vengeance. In fact, China has increasingly been exporting Alibaba’s Singles Day (11.11) event, which this month racked up a massive US$35 billion…
Worldpay, a global leader in payments, has predicted that Black Friday and Cyber Monday mania will continue this year, but with a wider range of businesses expected to get in on the online action. Although the shopping event has traditionally been the realm…
For the past few years, Black Friday has become a focal point for many US and UK retailers – and for media outlets hungry for images of shoppers bursting into stores in pursuit of posh televisions. The event, supposedly named after the moment when retailers…
More shoppers spent less on Black Friday in the US – and more was spent online than ever before. Those are the key take-outs from the three day long shopping extravaganza, which is being followed up by Cyber Monday giving Americans a second chance at scoring…
If the downtown area seemed like it was more crowded at the weekend, it was because the usual end-of-year sale season came earlier this year for some retailers. More brick-and-mortar shops jumped on the Black Friday bandwagon this year in a bid to attract…
Outside of traditional holidays like Christmas, Valentine’s and Mother’s Day, perhaps the most awaited day of the year in the United States, especially for shoppers and bargain hunters, is Black Friday, which is celebrated after Thanksgiving. After feasting…
Jia Yi, a white-collar employee from Chengdu, the capital city of Sichuan province is passionate about overseas brands and products. She is now considering buying a Coach handbag on the upcoming Black Friday shopping event. “The price in the domestic market…
The post-Thanksgiving shopping tradition that’s driving many Americans off the rails at the moment is returning to Singapore this weekend with several retailers here jumping on the Black Friday bandwagon. For those who are still keen on shopping even after…
I recently got back from Engine’s Asia offices, where everyone was buzzing with excitement about this shopathon concept. This 24-hour shopping day is the Chinese equivalent of Cyber Monday. It started in 2009 by ecommerce giant Alibaba and has evolved into…
People love bargain deals. Clearance sales with 80 percent or more off can even lure customers in to buy things they don’t need. That’s why retailers offer “door buster” deals when they need to handle rising stockpiles or attract customers during holiday…
FedEx Asia Pacific is predicting a record breaking Singles Day in Asia this November 11. “Due to the huge popularity of the occasion in recent years, China’s State Post Bureau anticipates that this year will see a maximum of 140 million packages being handled…
South Korea is trying to stem a drop in retail spending by replicating an American shopping tradition — Black Friday. More than 34,000 stores, including three-quarters of the country’s department stores, slashed prices by as much as 80 percent in the Korean…
