Retail was in trouble long before Covid-19 hit. The past five years saw daily reports of store closures and retailer bankruptcies. The growth of online commerce eroded many retailers' top-line revenues...
Frederic Dimanche 6 Jul 2020
The world's largest jewellery maker will stop using newly mined silver and gold in its jewellery by 2025 and only buy from recycled sources...
9 Jun 2020
Forrester predicts that due to the coronavirus, retail sales in 2020 will decline by an average of 9.6% globally, a loss of $2.1tn...
7 May 2020
The results of the second annual BrandZ Top 75 Most Valuable Global Retail Brands have been revealed. The research shows that the world's most valuable retail brands are worth $339 billion more...
14 May 2019
Chinese e-commerce giant Alibaba said on Wednesday it would inject another $1 billion into Southeast Asia's Lazada...
30 Jun 2017
MANILA, PHILIPPINES: Police in the Philippine capital have banned the wearing of caps in shopping malls to stop criminals concealing their identity from security cameras.
27 Dec 2013
SINGAPORE: Thanks to the economic recovery, increasing spending power of consumers in the region has been a boon to many industries, including the major household appliances sector, which has managed to bounce back from its weakened performance of yesteryear.
4 Jan 2011
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.
27 Oct 2010