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China retailers play poker in empty malls as shoppers go online
Source: The Business Times Property developer Dalian Wanda, owned by China's second richest man Wang Jianlin, plans to close 10 malls across the country and redesign another 25 to cut retail space,...
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Circle K opens 100th outlet in Vietnam, to add 50 more by year end
Source: Viet Nam News US-owned 24-hour convenience store Circle K has opened its 100th outlet in Vietnam and expects to have 150 by the year's end.Vietnam CEO Tony Yan was optimistic about achieving...
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Chinese rivals snap at Alibaba's heels in cross-border e-commerce race
Source: CNBC A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding and Amazon.com catering to shoppers' fears about the quality and...
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Marks & Spencer unveils investment plans for Greater China
Source: Retail In Asia Marks & Spencer is set to enter key cities in China such as Beijing and Guangzhou in 2015 and 2015.Specifically, it said it will continue to invest in its existing flagship...
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Alibaba and JD Online take fresh approach to China food shopping
Source: CNBC For China's 640 million internet users, a live Alaskan crab is now just a mouse-click away.Alibaba and JD.com, the two biggest ecommerce operators in China, have long been best-known for...
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ASOS gets its mojo back in Australia after cutting prices
Source: The Sydney Morning Herald Online UK online retailer ASOS's decision to cut prices in Australia to reverse declining sales has paid off, but overseas retailers hoping to maintain their share...
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China's luxury big spenders: young, trendy and not so rich
Source: CNBC Global luxury brands expanding in China are better off targeting the HENRYs – "high earners, not rich yet" – instead of the ultra-wealthy, as a slowing economy and a government that...
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Is this the next big market for e-commerce?
Source: CNBC China and India are currently the darlings of global e-commerce, boasting the world's fastest-growing markets, but a third Asian market could join their ranks in the coming years.The six...
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Stores lure the internet generation in Thailand
Source: Bangkok Post Hypermarkets, department stores, shopping centres and convenience stores in Thailand are all aggressively moving further into online services.Their goal is to spur shopping from...
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Retailers keen to open in Bangkok
Source: Bangkok Post Bangkok has been ranked eighth among retail target markets in Asia-Pacific, with 19 new entrants opening stores last year, according to a report by property consultancy CB...
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Supermarkets tap into Vietnam's domestic retail sector
Source: Viet Nam News The considerable potential of Vietnam's domestic retail market is being actively promoted by large retailers looking to expand their businesses at a faster pace.The Ministry of...
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Rakuten takes stake in Chinese online discount provider Fanli
Source: CNBC Japanese online retailer Rakuten said on Monday it bought a stake of less than 10 percent in Chinese online discount provider Fanli, as it continues a push into overseas markets.Rakuten...
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Yahoo Japan ties up with Tmall
Source: Shanghai Daily Japan's third largest online retailer Yahoo Japan Co jumped the most in two months in Tokyo trading after the company said it will team up with Chinese e-commerce giant Alibaba...
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Bunnings shifts focus as it upsizes store network
Source: The Sydney Morning Herald Online Bunnings' focus has shifted from freehold development back to leasehold, a move that allows it to take advantage of tighter yields for commercial assets while...
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Alibaba seeks Thai expansion
Source: Bangkok Post Alibaba.com, the world's largest online business-to-business (B2B) marketplace, is planning a major expansion to increase its footprint in Thailand this year.The move is part of...
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Wal-Mart buys out China e-commerce firm Yihaodian in online push
Source: CNBC Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the US...
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In rural China, shoppers go online – with a little help
Source: CNBC E-commerce growth in China's countryside now outpaces that in major cities, though less than one tenth of online purchases made on Alibaba platforms were shipped to rural areas in the...
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Dick Smith targets small appliances as consumers get connected
Source: The Sydney Morning Herald Online Dick Smith is aiming to snare more than 10 percent of the AUD1.7 billion small appliances market ahead of a wave of new products that consumers will control...
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Online retailer MatahariMall sets 20pc market share target
Source: Jakarta Globe Lippo Group's new e-commerce unit MatahariMall is embarking on an ambitious expansion plan, aiming for a 20 percent market share of Indonesia's web-based retail sector by 2020,...
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Macy's forms JV with Fung Retailing to explore China market
Source: Retail in Asia US department store chain Macy's is going to start selling in China late this year through an online store on Alibaba Group's Tmall Global – a premiere marketplace that...
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