Lawson Inc. is in final stages of negotiations on setting up a joint venture with the Saha Pathanapibul group, a major Thai retailer, to open convenience stores in the Southeast Asian nation, according to sources.
The plan is part of the major convenience store chain's strategy to expand its businesses in Southeast Asia, where demand is expected to increase in line with rapid economic growth.
Chinese internet giant Baidu and companies across the country are tapping a frenzy of nationalist sentiment, launching patriotic promotional campaigns as thousands take to the streets to protest against the Japanese government's purchase last week of some disputed islands from a private owner, islands China claims as its own.
Be it to drive traffic to websites or garner customer loyalty, companies have rushed to wave the Chinese flag to try to cash in on the worst anti-Japan protests in decades surrounding the islands, called the Senkaku by Japan and Diaoyu by China.
In an effort to create a more conducive climate for the e-commerce industry, the Indonesian government plans to issue a set of regulations called the "e-commerce roadmap" in the next three to six months.
The roadmap will provide clear guidelines regarding logistics services, payment gateways and tax – among others – for the e-commerce industry, Coordinating Economic Minister Sofyan Djalil said on Friday.
Hong Kong police said on Monday they arrested more than three dozen people involved in scuffles that broke out at a weekend protest against the growing influx of mainland Chinese shoppers.
Police officers drew batons and used pepper spray on the crowds after the demonstration Sunday in a border town turned unruly. The protesters clashed with crowds of residents opposed to the event who taunted them along the route. Police said 38 people were arrested including a 13-year-old boy and 10 officers were injured.
Alibaba claimed vindication in a dispute with a Chinese government agency over alleged sales of fakes and other misdeeds on its sales platforms, after agency officials said the two sides would work together to stamp out counterfeit goods.
To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall Street Journal Online.
Many streets in HCM City, including major downtown ones, big and small shopping malls, and stores are beautifully decorated as people prepare to welcome Christmas and New Year.
Stores are also filled with a wide range of goods and have unveiled promotions for the festive season.
According to businesses, demand has increased significantly compared to last year, with pine trees, jingle bells, ornamental balls, laurel wreaths, and Santa Claus effigies being the bestsellers.
The Supreme Court has rejected a lawsuit filed by Uniqlo demanding damages over a book that describes overwork situations faced by its managers.
The top court's Third Petty Bench made a decision, dated Tuesday, not to accept the plaintiff's appeal against lower court rulings that deemed core parts of the book to be true.
According to the lower court rulings, the book, published in 2011 by Bungeishunju Ltd., claims that a Uniqlo store manager worked more than 300 hours per month, including unpaid overtime, and that the employer ignored the situation.
India’s online marketplace Snapdeal has launched a specialty online to cater to the special needs of persons with disabilities for the International Day of People with Disability.
The Rehab and Support Store is the first of its kind virtual store in India aimed at providing accessibility to differently abled people for a convenient shopping experience.
The value of total retail sales in Hong Kong in October 2014, provisionally estimated at $38.3 billion, increased by 1.4 percent over a year earlier, the Census and Statistics Department (C&SD) reported.
The Hologram Manufacturers Association of India (HoMAI), Asia’s only association representing holography, was relaunched this year as the Authentication Solution Providers’ Association (ASPA) with a broader mandate to help check counterfeiting and help consumers and the industry.