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Retail Asia02/02/2017

Thailand can expect a slew of shopping mall openings in 2017, according to retail experts, as more international fashion brands and retailers look to take advantage of the evident mall culture in the Southeast Asian market. Japanese bank and consulting group Nomura said in a new research report that Thailand, and Southeast Asia as a […]

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Retail Asia02/02/2017

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While the U.S. and China are already known as global e-commerce markets, it’s Japan that boasts the largest e-commerce potential, especially over the next three to five years, say two separate consultant groups. In 2015, Japan generated roughly $80 billion in e-commerce sales. This compares to some $350 billion of e-commerce sales in the U.S. […]

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Retail Asia01/02/2017

Thailand received a record 32.59 million foreign visitors last year, with revenue beating expectations and likely to exceed previous forecasts this year by growing 10 percent or more, officials said Monday. Thailand is proving popular even as terror scares, including a series of bombings in resorts towns killing four people, and the death of King […]

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Retail Asia01/02/2017

Sales at South Korea’s department stores in December rebounded from November on year-end gift purchases, trade ministry data showed on Monday, while sales for the whole year ended on a positive note, reversing two years of decline. Combined sales last month at department stores run by Hyundai Department Store, Lotte Shopping and Shinsegae Co rose […]

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Retail Asia01/02/2017

Japanese retail sales rose less than expected in December, government data showed on Monday, unwelcome news as the Bank of Japan meets to set monetary policy. Retail sales rose 0.6 percent in December from a year earlier, below the median market forecast for a 1.3 percent increase. The Bank of Japan is expected to announce […]

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Retail Asia31/01/2017

The said industry posted a 13.5% decline. Due to the 17% growth in motor vehicle sales, overall retail sales in Singapore posted a 1.1% spike. Without the said industry, retail sales would have slumped 2.1%. Guess which industry posted the heaviest drag. According to the Department of Statistics, retail sales of computer & telecommunications equipment […]

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Retail Asia24/01/2017

Singapore retail rents slipped 1.3 per cent in the last quarter of 2016, compared with the previous quarter. According to data from JLL Singapore, included in a pan-industry market review, retail rents were under most pressure in the Marina quarter where most of the new space coming onto the market in the quarter was concentrated. […]

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Retail Asia17/01/2017

Real Singapore retail sales fell 2.1 per cent in November in a disappointing month for the sector. Month-on-month they slipped 0.3 per cent. Sales of motor vehicles helped drive the topline figure to an increase of 0.5 per cent. According to Statistics Singapore, total retail sales in November 2016 were estimated at $3.6 billion, similar […]

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Retail Asia05/01/2017

The decline in Hong Kong retail sales widened in November, although the market is still performing better than in the previous quarter. Official government data shows the value of sales in November 2016, provisionally estimated at HK$36 billion, decreased by 5.5 per cent compared with the same month in 2015. However, a government spokesman said […]

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Retail Asia30/12/2016

Sales of major South Korean retailers including department stores and Internet shopping malls rose in November from a year earlier on brisk online purchases, government data showed Thursday. The combined sales of department stores, large outlets and Internet shops increased 6.5 percent on-year last month, with cumulative sales of the January-November period jumping 10.6 percent, […]

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Retail Asia29/12/2016

CEC International Holdings (0759), which operates 759 Store outlets, recorded a net loss of HK$29.9 million for the six months to October, a reversal from the HK$8.1 million net profit that it made a year earlier. Loss per share was 4.49 HK cents in its fiscal first half against earnings per share of 1.21 HK […]

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Retail Asia27/12/2016

An extensive study by the National University of Singapore’s Business School between 2010 and 2012 showed a significant difference in the spending habits of Singaporeans, between those who lived closer to the Malaysian border and those further away, The New Paper reported today. With Singapore’s GDP growth falling below original estimates this year and cut […]

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Retail Asia23/12/2016

Japanese department store sales fell 2.4 per cent in November, year-on-year, the ninth consecutive monthly decline. The Japan Department Stores Association reported total sales at 234 outlets run by 81 companies were ¥525.7 billion, (US$4.47 billion). It said it expected an improvement in December’s sales data as consumers enjoyed an end-of-year shopping spree. November was […]

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Retail Asia22/12/2016

On a year-over-year basis, China’s retail sales showed strong recovery in November 2016, according to the National Bureau of Statistics of China. The country’s retail sales rose 10.8% in November, compared to 10% in October. This reading was far above the market’s expectation of a 10.1% rise, and it was the highest since January 2016. […]

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Retail Asia21/12/2016

Most Macau retailers and restaurants have had a difficult October, reporting depressed sales. More than half of the city’s dining establishments had strong revenue declines for the month, with just a quarter reporting a slight improvement. According to the latest industry climate survey by the Department of Statistics and Census Services (DSEC), the 26 per […]

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Retail Asia16/12/2016

Real Singapore retail sales rose in October month-on-month – but slipped year-on-year. According to official Statistics Singapore data released Thursday, seasonally adjusted retail sales rose 1.5 per cent (excluding motor vehicles) on September’s figures. But while the headline figure showed a 2.2 per cent increase on October 2015, after removing motor vehicles, the real result […]

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Retail Asia15/12/2016

China has reported November was its strongest month of retail sales growth for the whole year. While official government figures are usually greeted with a degree of scepticism by retail company executives, they are the only data available to build any sort of picture on the giant’s market’s trading fortunes. According to the latest data, […]

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Retail Asia03/12/2016

Hong Kong retail sales fell by the lowest rate in October in more than a year. Provisional figures released by the Census and Statistics Department (C&SD) show a decline of 2.9 per cent year-on-year, following a 4 per cent revised decline in September, (the original estimate was 4.1 per cent). “The year-on-year rate of decline […]

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Retail Asia01/12/2016

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Japanese retail sales fell 0.1 per cent year-on-year in October, according to the Ministry of Economy, Trade and Industry. But while sales were down, the figures were much better than the 1.6 per cent fall analysts expected, after September’s 1.7 per cent decline. Seasonally adjusted monthly sales rose 2.5 per cent – also exceeding analysts’ […]

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Retail Asia18/11/2016

Real Singapore retail sales recovered marginally month-on-month in September after a series of declines. Real retail sales, are the figures excluding motor vehicles. They rose 0.7 per cent against August but fell 1.9 per cent on September 2015. Sales including motor vehicles, sales fell 0.7 per cent month-on-month and rose 2 per cent. Total retail sales […]

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