Tag: retail sales

Retail Asia07/11/2018
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2min0
Japanese retail sales continued to grow in September with the archipelago nation recording its 11th consecutive month of revenue growth in retail. For the four weeks to September 30, retail sales increased 2.1% on the same period last year, according to data by the Japanese trade ministry. However, the growth was slower compared to August’s […]

Retail Asia06/11/2018
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1min0
A government report has shown a rise in South Korean retail sales of food during the Chuseok holiday. The holiday, likened to the Korean version of Thanksgiving, is thought to have sparked a 6.9 per cent spike in combined revenue for major online and offline retailers during September, compared with last year’s figures for the […]

Retail Asia06/11/2018
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4min0
The latest budget announcement is not expected to stimulate consumer spending in the near term, as there is insufficient economic policies aimed at increasing retail spending, opined retail consulting firm Retail Group Malaysia. Managing director Tan Hai Hsin said that Budget 2019 is focusing more on managing government deficit and social programmes for the B40 […]

Retail Asia02/11/2018
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6min0
Retail property is one of the most complicated types of real estate development because of the constantly changing behaviours, tastes and needs of consumers. The Thai retail property market has changed enormously over the last 30 years since CBRE established an office in Bangkok and change continues at an even faster rate especially with the […]

Retail Asia31/10/2018
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1min0
Revenue from The Shoppes at Marina Bay Sands rose 4.5 per cent during the third quarter, reaching US$44 million, according to the integrated resort’s latest results announcement. Sheldon Adelson, CEO of parent Las Vegas Sands Corp, said retail tenant sales per square foot at the shopping complex rose by 22.2 per cent during the past […]

Retail Asia25/10/2018
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3min0
South Korean duty free sales in the first nine months of 2018 have exceeded total sales for 2017. Sales hit an all-time high of US$12.9 billion between January and September, according to Korea Duty Free Shops Association. That figure exceeds the US$12.8 billion recorded for full year 2017. The performance comes despite a significant fall in the […]

Retail Asia24/10/2018
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3min0
Chow Tai Fook sales soared 25 per cent in Hong Kong and Macau in the September quarter.  On the mainland, sales rose by a solid 15 per cent. Same-store sales rose 23 per cent in Hong Kong and Macau and by 6 per cent on the mainland, according to a stock exchange filing by the […]

Retail Asia05/10/2018
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3min0
Hong Kong August retail sales surged 9.5 per cent ahead of last year according to figures from the Census and Statistics Department (C&SD). The figure marked an improvement of the revised 7.8 per cent recorded in July and year to date, growth is running at 12.2 per cent year on year. A government spokesman said […]

Retail Asia07/09/2018
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1min0
Retail sales in Japan have reportedly risen for the ninth straight month year on year, reflecting the importance of private consumption to the world’s third largest economy. However while the news has prompted enthusiasm in the Japanese central bank, claiming it reflects improved consumer confidence, other commentators suggest the pace of gains is slowing. A […]

Retail Asia04/09/2018
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2min0
The pace of Hong Kong retail sales growth is tapering off. The Census and Statistics Department (C&SD) estimates total sales at HK$38.9 billion in July, 7.8 per cent higher than the same month last year. That follows a revised estimate of 11.9 per cent in June. For the first seven months of his year, Hong […]

Retail Asia28/08/2018
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1min0
Singapore tourist spending has dipped by half a percent, despite a 7.3 per cent boost in arrivals. According to the Singapore Tourism Board, about 4.6 million visitors arrived in the city state in the first quarter of this year – but they spent less on shopping and accommodation. Their total collective spend was about S$6.7 […]

Retail Asia13/08/2018
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1min0
Mainland China retail sales fell in July according to a survey of 50 major retail chains. According to the China National Commercial Information Centre (CNCIC), a government-backed consultancy authorised by the National Statistics Bureau, sales fell 3.9 per cent year on year, with home appliance retailers the worst hit, with a decline of 9.9 per […]

Retail Asia03/08/2018
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3min0
Hong Kong’s retail sales renaissance continued in June, with a 12 per cent rise for the month. That is marginally less than the 12.9 per cent increase in May, and below the 13.4 per cent increase for the first half year, but the rate shows signs the growth is stabilising. The Census and Statistics Department […]

Retail Asia02/08/2018
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1min0
Japanese retail sales increased by 1.8 per cent in June thanks to strong food sales and rising petrol prices. According to the Ministry of Economy, Trade and Industry, Japanese retail sales reached ¥11.8 trillion (US$106.25 billion) during the month. It was the eighth consecutive monthly rise. Rising crude oil prices flowed through to petrol pump […]

Retail Asia16/07/2018
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2min0
Singapore retail sales rose 2.2 per cent in May after excluding motor vehicles. The year-on-year increase was driven by rising sales of furniture and household equipment – up 9.1 per cent – and increased shopping before the Hari Raya festive period. Sales at petrol service stations rose 8.8 per cent, due partly to higher petrol […]

Retail Asia13/07/2018
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3min0
Retail sales in Singapore edged up marginally in May, with growth constrained partly by lower motor vehicle sales, according to Thursday’s (July 12) Department of Statistics release. May’s retail takings were up 0.1 per cent from the same month a year ago, with a total estimated sales value of S$3.8 billion, of which online retail […]


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