Blog Tag - Retail

Old Navy to Sail Out of China in 2020, Jettisons Entire Stock for 60 Percent Off
With no new navy to take their place, Old Navy retail stores are preparing to exit China next year, its parent company Gap inc. has announced. There...
Carrefour Grocery Retailer China Decline
Carrefour regulars looking for a discount might be dismayed by its latest markdown. Earlier this week the French retailer sold 80 percent of its...
24-Hour Convenience Store OurHours Hours Numbered
The time of reckoning has come for the convenience store chain OurHours (全時). Once a dominant force in China's 24-hour store market, the company has...
Stave Off the Cold In Style at Acne Studio's New Sanlitun Shop
The fashion industry has been lusting over Scandinavian style as of late. Everyone seems to have adopted fashion brands from Sweden — H&M, Cos (...
A Short History of the QR Code in China and Why Southeast Asia Is Next
China’s love for QR codes is no secret. From meals and groceries to rent and rides—quite literally everything can be paid for by scanning QR codes....
A Notice to Bargain Hunters: Wantong Market to Permanently Close Next Week
It seems Beijing has been testing our bottom line for the love of this city. In a push to move chaotic wholesale markets to the suburbs and onto the...
Beijing's First Starbucks Booted Out by High Rent
A rumor has started on Weibo that the first Starbucks to open on the Chinese mainland can no longer afford to pay rent. Influential finance blogger...