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Tag: fast

Retail Asia15/01/2020
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General

Fast Retailing cuts earnings forecast on Hong Kong

1min0
Fast Retailing, the parent of the Japanese fast-fashion retailer Uniqlo, has reduced forecasts for its full-year operating profit by 11 percent. The Japanese company says its business has been adversely affected by protests in Hong Kong and a trade war between Japan and South Korea that resulted in a boycott of Japanese products in a […]
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Retail Asia22/08/2016
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E-Tailing

Singapore makes cashless payments push

4min
In 2014 Singapore was one of the first countries in the world to build a 27/7, real-time interbank fund transfer system, called Fast. However, cash in circulation is 8.8% of GDP, compared to 4.4% in Australia and 2.12% in Sweden. Nearly 13 cheques per person were written in the country in 2014, compared to seven […]
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Retail Asia11/05/2015
General

Overseas grocers wrestle in fast-moving China retail market

10min
From quick meals to smartphones, from luxurious items to groceries, the best way China outlets — and what mainland consumers need to purchase — is altering quickly. The modifications are leaving overseas grocery store and hypermarket chains struggling to maintain up by revamping retailer codecs and promoting extra groceries on-line, retail analysts say. On Wednesday […]
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