Retail in Asia

Department Stores

Walmart posts record Q1 earnings

Wal-Mart Stores Inc. on 17 May reported record first-quarter fiscal 2011 sales and earnings for the period ended 30 April 2010, with net sales of USD99.1 billion, an increase of 6 percent from the USD…

Shibuya 109 eyes rebound

It’s no surprise that retailers are hurting amid the economic downturn and deflation. What is shocking, however, is that one of them is Shibuya 109, one of Tokyo’s most popular fashion com…