US department store chain Macy's has formed a joint venture in China with Hong Kong-based Fung Retailing that will start by selling products on Alibaba Group Holdings Ltd's Tmall Global marketplace. T ...More
EJ Insight2015-08-13
Western retail giants in China are feeling the pain as hundreds of millions of Chinese consumers migrate to online shopping, the Wall Street Journal reported. After enjoying nearly three decades of st ...More
EJ Insight2015-06-15
China's e-shoppers will take over homebuyers as the main engine of economic growth in the years ahead. The nation has transformed its economy from an agricultural backwater into an industrial power wi ...More
EJ Insight2015-01-02
Just weeks after US electronics retailing giant Best Buy (BBY.US) made a final retreat from China, British rival Kingfisher (KGF.L) is making a similar move with word that it's selling control of its ...More
EJ Insight2014-12-24
Retail counters in the United States, including traditional department store chains like Sears and J.C. Penney Co. Inc. as well as big electronic goods sellers such as The Best Buy Co. Inc., have been ...More
EJ Insight2014-01-22
