綠色BN
2015-06-16

Retail News Roundup – Jun 16

The top 5 retail news clips in Asia this week.
Newspaper
1 – Indonesia removes luxury tax for most goods
Indonesia is exempting most goods from a luxury tax in a bid to boost household consumption and revive faltering economic growth. >>

2 – Vingroup plans hybrid store network
Vietnam property developer Vingroup is continuing to expand its retail business, announcing a 300-strong network of hybrid stores. >>

3 – Reverse retail: China’s mall boom
Over the next three years, a staggering 40 million sqm of shopping mall development is predicted across China. >>

4 – Worst of China slowdown may be over
A slew of data from China, including retail sales and industrial production, matched analysts’ expectations, offering some indication the worst of the mainland’s economic slowdown may be over. >>

5 – Expert Opinion: What consumers expect from retailers: the future of retail is omnichannel
Digital technology, which allows us to choose exact delivery slots, surf the aisles in the middle of the night and check comparison sites for the best prices, has put an end to the days of the all-powerful retailer. >>


  By April Wu 
  China Market Strategy

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