Retail: Tesco Goes Online, Perry Ellis in New JV 零售:乐购推出网购,派瑞•艾力斯成立合资企业
Let’s start off this Friday before the long Labor Day weekend with a couple of retail items, one from British grocery giant Tesco (London: TSCO) in the online space and another from mainstream clothing...
View ArticleChina Retail Slows As New Mega-Shops Open 中国零售业放缓 大型零售店继续开张
The China retail scene is buzzing with conflicting signals from these last few weeks, as established names like Tesco (London: TSCO) sound negative notes amid a rapid economic slowdown, even as...
View ArticleNews Digest: December 8-10 报摘: 2012年12月8-10日
The following press releases and media reports about Chinese companies were carried on December 8-10. To view a full article or story, click on the link next to the...
View ArticleNews Digest: August 10-12
The following press releases and media reports about Chinese companies were carried on August 10-12. To view a full article or story, click on the link next to the headline....
View ArticleTesco Ditches China Shopping Cart, Carrefour Next?
Tesco shopping cart coasts out of China I wasn’t too surprised to read the latest news that British retailing giant Tesco (London: TSCO) was effectively bowing out of the Chinese supermarket business,...
View ArticleYum, Li Ning Take Shine Off Retail
Investors give thumbs down to Yum, Li Ning Traditional retailers are taking a hit recently, with fast-food operator KFC and sporting goods seller Li Ning (HKEx: 2331) the latest to report disappointing...
View ArticleM&A: ILFC Deal Dead, CRE Eyes ParknShop
ILFC deal on brink of collapse couple of reports on major global M&A by Chinese buyers are showing why such deals could be difficult for a number of reasons, and why it always helps to get a more...
View ArticleChina Gloss Fades With Revlon Exit
Revlon pulls out of China We’ll start off this first day of the new year with what could well become a major theme for 2014, with word that make-up giant Revlon (NYSE: REV) is officially pulling the...
View ArticleWumart Joins List Of Ailing Retailers
Wumart profit tumbles in 2013 The list of traditional retailers suffering from the e-commerce challenge has gained a new member, with domestic giant Wumart (HKEx: 1025) reporting its profit for 2013...
View ArticleDairy Farm Ties With Yonghui In Supermarket Play
Wellcome operator invests in China’s Yonghui Consolidation continues to advance in the Chinese supermarket aisle, with word that Hong Kong grocery operator Dairy Farm (London: DFIB) is paying nearly $1...
View ArticleCONSUMER: Wal-mart Scales Down, Heinz Ramps Up
Bottom line: Wal-Mart’s new layoffs underscore the intense competition in China’s retail market, which could cause it to miss its new store target, while Heinz’s expansion reflects the big potential...
View ArticleRETAIL: Best Buy Bows From China With Five Star Sale
Bottom line: Best Buy’s sale of its Five Star chain represents a long-overdue withdrawal from traditional retailing in China, and it would be wise to consider an e-commerce option if it tries to return...
View ArticleRETAIL: Kingfisher Bows From China, Leaves Behind B&Q Name
Bottom line: Kingfisher’s sale of control of its China home improvement chain to a local partner will produce an uneasy alliance that will ultimately see the UK retailer withdraw its B&Q name from...
View ArticleRETAIL: Bun Seller Gubuli Tries Coffee, Carrefour Weighs Sale
Bottom line: Gubuli’s foray into the coffee business is doomed to failure, while Carrefour is likely to sell part of its China business to a local partner later this year. Gobuli tries coffee with...
View ArticleRETAIL: Carrefour Overhauls China Business
Bottom line: Carrefour’s new China strategy ends a period of uncertainty about its commitment to the market, though its move into e-commerce is long overdue and could fail due to its lateness....
View ArticleINTERNET: Walmart Sacks Yihaodian Founders Amid Slow Progress
Bottom line: Walmart’s dismissal of Yihaodian’s 2 top executives marks a major shake-up due to the unit’s disappointing performance, and could be followed by closer integration with Walmart’s own China...
View ArticleRETAIL: Carrefour Shops for Yuppies with Lifestyle Convenience Stores
Bottom line: Carrefour’s new foray into upscale, lifestyle-oriented convenience stores could stand a reasonable chance of success and breathe some new life into its struggling China business. Carrefour...
View ArticleRETAIL: Wal-Mart Dumped by China Partner As Landscape Changes
Bottom line: Wal-Mart’s loss of China Resources as one of its major Chinese partners reflects rapid changes in the traditional retailing market, and could prompt Wal-Mart to accelerate an overhaul of...
View ArticleCONSUMER: Wal-Mart, Suntory Struggle in China; Bright Shops in NZ
Bottom line: Declining Wal-Mart China sales and Suntory’s decision to dissolve a China joint venture reflect difficulties foreign consumer names face in the fast changing market, and also challenges...
View ArticleRETAIL: Toys ‘R’ Us China Toy Story — Real, or IPO Hype?
Bottom line: Toys “R” Us’ big China expansion plan contrasts with pull-backs and departures for many major western retailers in the tough market, and could be aimed at generating buzz in the run-up to...
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