Tag: retail sales

Retail Asia16/01/2019
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6min0
Indian retail industry has seen tremendous transformation and growth in the last few years and has become one of the most favourable market for global investment. The vibrant industry, hugely shaped by changing policies and consumer behaviour is adopting technology not only to understand changing consumer preferences but also to enhance shopping experiences. Innovations have […]

Retail Asia15/01/2019
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2min0
November Singapore retail sales were static, rising just 0.2 per cent year on year after removing motor vehicles from the data. On a month-on-month basis, sales rose 1.4 per cent, again after disregarding motor vehicles. Perhaps the most interesting figure was the share of total retail sales which occurred online, reaching 6.6 per cent. In […]

Retail Asia11/01/2019
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2min0
Vietnam retail sales grew at 13 per cent last year, with food and beverage, apparel and household appliances leading the way, according to Savills Vietnam. The country’s Ministry of Industry and Trade has estimated total revenue generated from retail sales and consumer services reached US$191 billion last year. Vietnam retail sales accounted for $143.3 billion […]

Retail Asia09/01/2019
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4min0
AmInvestment Bank has maintained its “overweight” rating on the consumer sector, as consumer sentiment is expected to remain healthy on the back of recent consumer-friendly initiatives by the government. It said in a report that recent initiatives such as the reintroduction of petrol subsidy, capping of the electricity tariff and introduction of public transport subsidies, […]

Retail Asia03/01/2019
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3min0
Plummeting Apple sales in China have prompted the company to warn shareholders of a US$5 billion hole in its first-quarter revenue forecast. “While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China,” Apple CEO Tim Cook wrote in a letter to investors. […]

Retail Asia28/12/2018
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6min0
The overall retail market in India 2018 stood at Rs 43,251 billion and is forecast to grow by 6.4 percent CAGR in 2018-2023. Retailing in India still predominantly takes place in physical stores and shopping behaviour between urban and rural consumers continues to be vastly different. Smaller independents (both grocery retailers and non-grocery specialists) continued […]

Retail Asia17/12/2018
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2min0
Demand for party supplies from South Korean retailers is soaring as a growing number of people prefer to host end-of-year celebrations at home instead of going out. According to E-Mart, wine and cake sales at six stores in Daegu last month soared 18.9 per cent and 16.1 per cent, respectively, year on year. Frozen foods […]

Retail Asia17/12/2018
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2min0
October Singapore retail sales inched up by 0.5 per cent year on year, after excluding motor vehicle sales from the data. Month-on-month they fell by 2.1 per cent, reaching S$3.7 billion (US$2.69 billion). Online retail sales breached the 5 per cent threshold of total retail sales at 5.3 per cent for October. By category, sales […]

Retail Asia05/12/2018
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3min0
October retail sales in Hong Kong rose by 5.9 per cent year on year, more than double the pace of September, which was affected by Typhoon Mangkhut. A government spokesman indicated that growth in retail sales picked up somewhat in October after a deceleration in the preceding month, supported by the faster increase in visitor arrivals and […]

Retail Asia28/11/2018
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1min0
Third-quarter Macau retail sales surged 12.8 per cent year on year to 18.19 billion patacas (US$2.26 billion), according to data from the SAR’s Statistic Department. However, possibly reflecting the timing of typhoons last year and this year, sales rose only 1 per cent quarter on quarter. Watches and jewellery accounted for 21 per cent of […]

Retail Asia28/11/2018
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4min0
The Malaysia Retail Chain Association (MRCA), which expects retail sales growth to come in at 4.9% for 2018 in line with the country’s gross domestic product growth, has pointed out that some of its members face difficulties in retailing online amid the push for e-commerce. MRCA, in releasing its first quarterly retail sales survey for […]

Retail Asia16/11/2018
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1min0
Official figures for China retail sales show an 8.6 per cent year-on-year increase in October. That’s a little shy of the 9.2 per cent achieved in September and the same pace of growth for the first 10 months of the year. The data was released by the National Bureau of Statistics (NBS), which blamed the […]

Retail Asia13/11/2018
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3min0
Australian retail sales rose slightly in September 2018, missing industry expectations that the nation’s retail revenues would register a bigger increase for the first month of spring. Domestic retail turnover saw a 0.2 % gain in September, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. While the growth remains positive, analysts […]


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