LotteMart,theretailarmofSouthKorea'sLotteGroup,isexpectedtosellsomeofitsloss-makingstoresinChina,aSouthKoreannewspaperreported.Butitisfindingithardtosellthestor
Xiaomi sets a new single day record in the Indian smartphone offline retail industry.
XiaomisetsanewsingledayrecordintheIndiansmartphoneofflineretailindustry.BANGALORE,May(22)—LeadingtechnologycompanyXiaomilauncheditsfirstMiHomestoreinIndiawithar
US lingerie giant Victoria's Secret is opening its first full assortment stores in China. Two stores will open initially, one in Shanghai and the other in Chengdu.
Starbucks Corp co-founder Howard Schultz's plan to build a new prestige brand is a bet that moving upscale can raise the profile of the world's largest coffee brand with millennials like Megan Sauers.
Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and reflecting a broader trend away from brick-and-mortar shopping.
British retailer Marks and Spencer said Tuesday it will shut more than 100 stores, among them many foreign shops including its Champs Elysees branch in Paris, in order to cut costs after posting a first-half loss.
Swedish home furnishings retailer Ikea Group will launch its e-commerce business in Shanghai and start to sell its products online by the end of August.
It's getting harder than ever to persuade people to visit physical stores with the rise of online shopping, Forbes contributor Barbara Thau writes, calling falling foot traffic a "dirty open secret" in the industry.
In a setback to Apple's plans to open stores in the country, the Foreign Investment Promotion Board (FIPB) has red-flagged a panel's recommendation to relax the mandatory local sourcing norm for the Cupertino-based company to sell its products through the single-brand retail window.
Chinese general merchandise firms suffered shrinking profits last year and are shutting down their physical stores due to rising costs and impacts from the growing e-commerce market.
Medium-sized Korean cosmetics company Tonymoly will open an outlet in the premium Sephora chain store in downtown Paris next month.
Apple Inc. continued its rapid expansion in China during the first month of 2016, opening five stores to tap the company's fastest-growing market.
The Apple Store is coming to India — or at least a few counters are, along with those signature wooden tables. They will be debuting in India in partnership with Tata-owned consumer electronics chain Croma, which will host Apple at six of its locations as a pilot.
The eating habits of urban Chinese have changed dramatically since the proliferation of takeaway food delivery apps has brought restaurant-quality meals to almost everyone's front door.
Retail giant IKEA has been alarmed by a giant hide-and-seek game planned by social media organizers at one of its Sydney stores.
Apple Inc. is greatly speeding up market expansion in China by opening five new stores in roughly five weeks.
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