April Wu

China Market Strategy

April 7, 2015

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Retail News Roundup – Apr 7

The top 5 retail news clips in Asia this week.

1 – Retailers keen to open in Bangkok

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 Richard Ellis (CBRE). >>

2 – L’Oreal posts slower growth in China

L’OREAL, the world’s largest cosmetics group, said growth in China slowed to 7.7 percent last year from that of 10.2 percent in 2013, as consumption growth slowed in China and globally. >>

3 -Quiznos China plans 1500 stores

US fast food chain Quiznos has revealed more details of its plan to roll out a massive 1500 strong network across China. >>

4 – Spotlight plans 50 SE Asia stores

Australian crafts, home decor and party essentials retailer Spotlight says it plans a network of 50 superstores across southeast Asia. >>

5 – India’s fast-food industry is becoming a major market

McDonald’s entered India in 1996, against the backdrop of a market that was hesitant to try fast food and was still dependent on the “tiffin” lunch boxes many lug to work. >>