Retail & Services
'New Retail' becomes reality as Sun Art outlets go smart2018-04-19
Sun Art Retail, which operates leading supermarket chain RT-Mart and Auchan in China, is on course to digitalize its offerings and services, five months after being acquired by Alibaba Group Holding Ltd, an example of the push into New Retail.
China retail sales up 9.8 pct in Q12018-04-18
China's retail sales of consumer goods grew 9.8 percent year on year to reach 9 trillion yuan (about 1.4 trillion U.S. dollars) in the first quarter of 2018, official data showed on Tuesday.
Chinese retailers see faster sales growth: survey2018-04-10
An official survey showed faster sales increases for Chinese retailers last month.
Hema Fresh starts 24-hour deliveries in 2 cities2018-04-04
Hema Fresh, the prototype supermarket chain of Alibaba Group Holding Ltd's New Retail concept, has launched a 24 hour delivery service in two Chinese cities as it strives to combine the online and offline shopping experience.
China sees growing toy market: report2018-03-30
China's domestic toy sales reached over 64.6 billion yuan (10 billion U.S. dollars) in 2017, an increase of 16.2 percent year on year, according to a report published Friday.
Some 20,000 residents involved with e-commerce business in E China2018-03-29
To date, some 20000 residents in Daji Township are involved with the e-commerce business.
Nearly 3 bln trips recorded during Spring Festival travel rush2018-03-14
China's 40-day Spring Festival travel rush, which concluded Monday this year, witnessed 2.97 billion passenger trips, according to official data.
China's retail sales to grow 10% in 20182018-02-07
China is expected to see retail sales of consumer goods expand about 10 percent to exceed 40 trillion yuan (6.38 trillion U.S. dollars) this year, a report showed Tuesday.
China's gold consumption rises 9.41 pct in 20172018-02-02
China's gold consumption rose 9.41 percent to 1,089 tonnes in 2017 on the back of strong domestic demand, making the country the world's biggest gold consumer for the fifth straight year, new data showed Thursday.
Rebound expected in China's TV sales2018-01-31
China's television industry is expected to rebound this year after witnessing a downturn in 2017, with sales ascending to 48.98 million units, up 3.1 percent year-on-year, an industry report said.
Chinese brick-and-mortar shops begin revival2018-01-29
With better revenues and profits, Chinese brick-and-mortar shops have begun to see signs of recovery from the impact of booming online sales.
Shanghai consumer council demands Apple's explanation over slow-down2018-01-16
The Shanghai Consumer Council said Monday it has sent an inquiry letter to Apple over the slow-down of older iPhones after an iOS update, demanding a reply before Friday.
Western provinces developing fast in e-commerce: Alibaba report2018-01-11
E-commerce sales have grown fast in several western provinces of China, acording to a report on the digital economy published by Alibaba.
E-commerce firms make headway in stamping out counterfeits2018-01-11
E-commerce giant Alibaba Group Holding Ltd made considerable progress in stamping out counterfeit goods on its online shopping portal Taobao in 2017, as consumer requests for return of goods fell 29 percent from the same period in 2016, a new report said.
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