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retailer

Business 7 years ago

Trends, accessibility keys to boosting retail space occupancy rate, property consultant says

A property consultant has projected a downward trend in the overall occupancy rate of Jakarta’s retail spaces in the coming years and, as such, is suggesting that landlords and retailers improve accessibility and target millennials by developing leisure spaces.

Business 7 years ago

Historical retailer Sarinah to build 40-story building

The new building will house premium restaurants and offices, besides display various high-end products.

Business 7 years ago

Offline retailers call for equal treatment

Offline retailers have called on the government to create an even playing field with their online counterparts as dwindling demand has had an impact on their sales, resulting in the closure of some big retail giants.

Business 7 years ago

Retailers protest high minimum wage, threaten to switch to machines

Retailers are strongly protesting Jakarta Governor Anies Baswedan’s decision to increase the minimum wage for retail workers to Rp 4.29 million (US$306.28) per month, higher than the city's minimum wage of Rp 3.94 million.

Lifestyle 7 years ago

Lush launches plastic packaging-free store in UK

Lush recently opened its first Naked store in the United Kingdom, with the concept of ceasing all plastic packaging.

Business 7 years ago

Indonesia minimarket growth to outpace large retailers: Fitch Ratings

Large retailers, such as supermarkets and hypermarkets, will likely continue to experience subdued growth in 2019, which will benefit minimarket operators, Fitch Ratings says.

Business 7 years ago

When retail giants surrender to smaller stores

Large department stores seem to be starting 2019 under gloomy prospects after closing several of their outlets in the first month of the year.

Entertainment 7 years ago

Historic UK music retailer HMV collapses due to digital surge

British music retailer HMV collapsed into administration on Friday as consumers switch to digital streaming in droves.

Environment 7 years ago

UK plans to double charge on plastic bags for consumers

The UK is planning to double the charge on disposable plastic bags issued by the country’s largest retailers to 10 pence as part of a drive to protect the environment.