In the latest survey shrink remains a significant operational challenge for retailers around the world, with loss rates ranging from 1 percent of sales in Japan to 1.6 percent in Mexico and Brazil.…
In the latest survey shrink remains a significant operational challenge for retailers around the world, with loss rates ranging from 1 percent of sales in Japan to 1.6 percent in Mexico and Brazil.…
Marks & Spencer is pursuing an aggressive international growth strategy and is set to open 250 new stores in three years.
The plan is to grow its food business and increase franchise operations wi…
Jo Malone London, a beauty brand under Estée Lauder Company, will make its mainland China debut in April with a counter in the Shin Kong Mitsukoshi department store in Beijing, reports Women…
Beauty brand Jo Malone London will make its mainland China debut in April with a counter in the Shin Kong Mitsukoshi department store in Beijing, reports Women’s Wear Daily. Opening on 16 April,…
Amway India is increasingly betting on growing alternative channels, having run into rough weather over the last two years. The subsidiary of the USD12-billion US-based Amway Corporation had got into …
Singaporean investment company Temasek is acquiring 24.95 percent equity stake in international health and beauty retailer A.S. Watson for USD5.7 billion.
With the investment, the company said it is i…
Following the opening of its China flagship in Shanghai in October last year, Hong Kong-based department store operator Lane Crawford has opened a new store in Chengdu with an investment of CNY300 mil…
American lingerie and beauty retailer Victoria’s Secret, known for its supermodels called “Angels,” plans to open its first store in mainland China as part of its efforts to open mor…
Indonesia’s Matahari Putra Prima sees its modern retail business outpacing its competitors in term of sales again this year, banking on aggressive store expansion outside Java.…
With International Women’s Day fast approaching, people are flocking to supermarkets and shops to buy gifts for their loved ones.
Stores in Vietnam are hoping to take advantage of the day and bo…