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Thursday, October 17, 2019

Tag: retailers

Boohoo online sales bloom, lifting shares

Online retailers like Boohoo are growing fast, often at the expense of traditional shopping outlets such as Marks and Spencer.

UK supermarkets go ‘nude’ with plastic-free zones

Retailers in Britain are starting to embrace the 'Food in the Nude' campaigns which promotes stripping their shelves of plastic wrapping.

Escalating HK protests taking bigger toll on shops, economy

Economists say the impact of anti-government protests over the past eight weeks is already worse than 2014's 'Umbrella Revolution'.

Hong Kong’s economy hit by protests, says finance secretary

Paul Chan says Hong Kong's economy has plunged since the series of protests took place nearly a month ago.

Hand over 20 sen plastic bag levy or lose licences, retailers...

Penang local council by-laws to be amended so that trading licences of culprits may be revoked.

On Black Friday, more US shoppers chose the computer over the...

The ongoing shift to online shopping has forced retailers across the country to invest heavily in boosting their e-commerce businesses.

Yes, keep receipts to fight profiteering, say retailers

Mydin hypermarket managing director Ameer Ali Mydin and Malaysian Retailers Association say prices of some goods will surely go up with SST.

Black school shoes: Retailers ask for grace period

The Malaysian Retailers Association says it will take at least a year for manufacturers to plan production schedules.

Fashion victims aren’t ready to wear a trade war: Andrea Felsted

Clothing accounts for about $35 billion of China’s annual exports to the US, and footwear $15 billion, around 10% of the total, according to Dylan Chu, China consumer discretionary analyst at CLSA Ltd.

Creditors of UK’s House of Fraser back plan to close stores...

The 169-year-old retailer needed the CVA to go through to secure new capital from Chinese retailer C.banner.

Entrepreneur: Retail sales seeing a lift since GST scrapped

Toys retailer Mustakim Manaf says consumers’ sentiment is starting to improve and more shoppers are now visiting malls.

Survey: Malaysians expect prices to drop post-GST

More than half the respondents believe prices will drop, while 69% say their spending habits will likely change.

Customs: Two weeks enough for firms to make zero-GST changes

Subromaniam says reconfiguring a cash register systems will not take much time and can be done in half a day or after hours.

In China payment war, Walmart places bet on Tencent

Walmart Inc has placed a bet on Tencent Holdings Ltd's mobile payment system, giving the tech giant a boost in its battle with Alibaba Group Holding Ltd for pole position in China's fast-growing payments market.

‘Punish retailers who impose card surcharge’

Retail association and consumer group urge banks and credit card companies to revoke errant retailers' debit and credit card payment facilities.

Zara and H&M shore up defences as internet threatens

Sergio Avila Luengo, an analyst at IG Markets, said gaining "more visibility online" was the main challenge for Inditex if it wants to remain "competitive on the long term".

Banks stricter, cautious in financing malls, says Johari

Deputy finance minister says the move is to curb the oversupply of retail space with new malls coming up across Klang Valley.

For retailers, nothing to howl about in Year of the Dog

Minister Rahman Dahlan says private consumption is alive and well, but a week before CNY, retailers just aren't feeling it.

Study needed to avoid abuse by suppliers, says Fomca

Consumer group says government agency MyCC can carry out in-depth study on supply chain and retail business, that can also raise consumer awareness on price controls.

Caltex: Retailers took us to court over a dispute

Chevron Malaysia says the contracts of only six Caltex petrol station operators were terminated, and that it does not plan to meet the retailers over the termination.

Caltex: Retailers’ contracts terminated for business reasons

Company hints the petrol station operators were not supportive of its 'values' and that attempts to resolve the problem failed.

Petrol dealers: Tell us fuel prices 2 days in advance

They say this will allow them to bargain for a better price from petroleum producers.

Singapore no longer a shopper’s paradise

Bloomberg report says many retailers are closing shop as consumers are spending less or going online for their purchases.