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06.04.26 - 00:30
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Singapore Retail Sales Data Due On Monday (AFX)
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CANBERA (dpa-AFX) - Singapore will on Monday release February figures for retail sales. Highlighting a very light day for Asia-Pacific economic activity. In January, sales were up 6.1 percent on m......
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05.04.26 - 05:06
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Japanese chains Aeon, Ito-Yokado retreat in north China as instant retail race heats up (SCMP)
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Japanese retailers are scaling back in north China as fierce competition and weak pricing power erode profitability, forcing store closures in major cities and prompting calls for a sharper localisation strategy.
Groups such as Aeon and Ito-Yokado have closed outlets in Beijing and Tianjin in recent years, highlighting mounting pressure from domestic rivals and shifting consumer habits in the region.
Aeon said it closed three supermarkets in Tianjin and one in neighbouring Hebei province after......
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03.04.26 - 11:48
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M&S calls for crackdown on ′brazen, organised, aggressive′ retail crime (The Guardian)
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Bosses write to home secretary and London mayor listing series of incidents staff have faced in past week Marks & Spencer has called on the government and London's mayor to crack down on retail crime, saying it has become “more brazen, more organised and more aggressive”, after reporting an increase in shoplifting and violence at its stores.The M&S chief executive, Stuart Machin, has written to the home secretary, Shabana Mahmood, and its retail director, Thinus Keeve, has written to the London mayor, Sadiq Khan, saying greater resources are needed for police to tackle the crime effectively and target repeat offenders and crime hotspots. Continue reading......
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