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retail

Retail sales drop in February amid lower consumer confidence
Economy 3 years ago

PREMIUM
Retail sales drop in February amid lower consumer confidence

Bank Indonesia’s latest data point to higher retail sales in February when compared to last year, but the month-to-month numbers reveal a consecutive decline, which experts attribute to seasonal factors.
UK shoppers cut back on spending as inflation takes its toll
Economy 3 years ago

UK shoppers cut back on spending as inflation takes its toll

Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for the country's flagging retail sector.
H&M confirms it has rights to Justin Bieber merchandise
Entertainment 3 years ago

H&M confirms it has rights to Justin Bieber merchandise

Swedish clothes retailer H&M HMb.ST said on Thursday it had the rights to sell Justin Bieber merchandise it pulled from stores this week after the popstar said he had not given his approval.
US ban on 'Made in Hong Kong' label breaches trade rules: WTO
Economy 3 years ago

US ban on 'Made in Hong Kong' label breaches trade rules: WTO

The United States is flouting international trade rules by labeling imports from Hong Kong as those from China, the World Trade Organization ruled Wednesday, an outcome that Washington rejects.
All Indonesian consumers want in their shopping carts this holiday season
Academia 3 years ago

All Indonesian consumers want in their shopping carts this holiday season

With the easing of restrictions in the last months, consumers are inclined to engage in in-person experiences after a long hiatus.
What I’ve learned: Denica Riadini-Flesch, founder and CEO of SukkhaCitta
Community 3 years ago

What I’ve learned: Denica Riadini-Flesch, founder and CEO of SukkhaCitta

‘What I’ve Learned’ is a column that presents candid interviews with policymakers, artists, activists and businesspeople on facing challenges and making a difference.
Zara workers in Spain start protests to demand higher pay
People 3 years ago

Zara workers in Spain start protests to demand higher pay

Zara owner Inditex agreed last week to pay a one-off bonus of 1,000 euros ($1,041) to all full-time shop workers in Spain in February, according to unions that are seeking better wages for their members in the face of galloping inflation.
Kanye West ends Gap partnership, aims to open own boutiques
Entertainment 3 years ago

Kanye West ends Gap partnership, aims to open own boutiques

Kanye West and retail brand Gap announced an end to their partnership on Thursday, with the artist now known as Ye saying he planned to open his own stores.
Wooing millennials to invest in sustainable projects
Academia 3 years ago

PREMIUM
Wooing millennials to invest in sustainable projects

A larger contribution by domestic investors will ensure that development financing is accessible and financial stability is easier to maintain in the face of global uncertainties.
RI modern retail industry looks to mini-marts as backbone of recovery
Companies 3 years ago

PREMIUM
RI modern retail industry looks to mini-marts as backbone of recovery

Mini-marts are leading recovery in the country's modern retail industry as supermarkets gradually adapt to changes in consumer behavior and hypermarkets remain stuck on pre-pandemic business models.
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