China has had a bumper year for retail sales, but the signs of a global economic slowdown are starting to be felt across the retail sector.
For retail executives a consumer downturn is always frighten…
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Surviving a retail downturn – consumer markets
Free branching tops banking reform plan
The government is considering far-reaching reforms in the banking sector, including giving banks the freedom to open branches in Tier-3 and Tier-4 cities, and granting 15 new licences to smaller banks…
Australian economy fails to impress
AUSTRALIA may think the world of itself but the world does not think as much of it, at least not when it comes to a business environment, culture and social welfare, says a poll of citizens of the eig…
Jim’s Mowing now Jim’s Nightmare for Jim Penman
He made company into one of world’s largest of its kind. But after 27 years, his franchisees want him out.…
China’s tier II & III cities – opportunities abound for international retailers
With the focus on China for future growth many retailers will be looking to the Tier I cities, Shanghai, Beijing, Guangzhou and Shenzhen, however as markets become saturated and new mall openings slow…
China growth more than 7 pct in January-September
China’s economy expanded more than 7 percent in the first nine months of the year and will certainly surpass the 2009 growth target of 8 percent, a top economic official said Monday.
Statistics …
Australia faces a slow haul to recovery
AUSTRALIA’S economy will face ”stiff headwinds” as world growth picks up next year with higher interest rates and cautious consumers generating a subdued recovery, according to Acces…
RT-Mart plans merger with Auchan Group
RT-Mart, the supermarket retail investment of Ruentex Group, has announced plans to merge with French retail group Auchan. The two may launch an IPO in Hong Kong in 2010.
According to Ruentex Group, t…