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Alibaba and its partner retailers will face a massive challenge ensuring flawless delivery of millions of parcels all over China and beyond given the expectations of further growth on Singles Day 2018 next week. “As the event grows, the logistics challenge…
Marks & Spencer has confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The two companies all but confirmed the sale in August and settlement took place on December 30.…
Zara China has shuttered its giant three-story, 3000 sqm Chengdu flagship store in what a retail commentator describes a “fine-tuning” of its retail network. The store, at Lesen Shopping Center, No.31, Zongfu Road, was previously occupied by luxury brands…
Chains outperform independent eateries in China restaurant rankings, new research shows. A survey by global consulting firm OC&C Strategy Consultants shows that Chinese consumers dine out on average two or three times a week, with Hai Di Lao, Pizza Hut and…
