Shelves stacked to the ceiling with low-price hot sauce, Barbie dolls, and noodles stand near tanks where shoppers can fish out live sea bass for dinner. Welcome to RT-Mart, China's version of Wal-Mart Stores Inc.
Hong Kong, Singapore, Shanghai, Beijing and Tokyo are among the top 20 cities where international retailers have the largest presence, according to the 2012 edition of How Global is the Business of Retail? by global property adviser CBRE.
Italian family owned luxury menswear house of Canali opened this week its fourth store in Shanghai within the WestGate Mall. The new Canali store in Shanghai, which covers 220 sqm and has direct street access and window visibility, features the entire range of men’s ready to wear, made-to-measure, accessories, shoes and bags.
Foreign retailers in China have had to adjust their strategies with slower expansion after rising labour cost and rent squeezed their profits.
UK retailer Tesco will close a shop in Shanghai's Jing'an District at the end of this month when its lease ends amid speculation that rising rent may be a factor.
US retail giant Walmart said in April that it will close its Minhang outlet in Shanghai together with another two in Jiangsu and Guangdong provinces in a bid to strengthen its sales network.
Dior is hosting an encore catwalk show of its Spring 2013 Haute Couture collection, the first by its new Creative Director Raf Simons, in Shanghai on 30 March. The catwalk show will gather 300 of the elite Chinese and will be followed by an exclusive gala dinner. The event which will take place at No. 5 on the Bund is the first by a major fashion house this year.
Ikea in Shanghai has been accused of selling furniture aimed at children that fails to meet safety standards. The city's quality watchdogs visited the Swedish home furnishings giant's store in Pudong New Area on Saturday and officers discovered that items on sale in the children's furniture section had sharp edges - prohibited under China's national standard on children's furniture introduced last August.
Convenience stores including FamilyMart, Lawson and Kedi have come under fire after some of their outlets were found selling expired food. Four downtown outlets of FamilyMart were selling expired puffs, custard pudding, bean curd, potato salad and cherry tomatoes, the Shanghai Morning Post reported on Monday.
A Shanghai court has for the first time sentenced online shopkeepers to prison for smuggling.Two 30-year-old women smuggled 780 items including cosmetics and watches from South Korea into Shanghai and evaded tariffs of nearly CNY180,000 (USD28,872). The pair, Fan Lin and Liu Xinxin, each got one year in prison with an 18-month reprieve.
The traditional Chinese Spring Festival, coupled with the Western-originated Valentine's Day, has proved a good combination for Shanghai retailers.
With people busy tying the knot and buying jewellery to demonstrate love, the average daily sales of city retailers reached CNY793 million (USD125.8m) during the past seven days, according to the Shanghai Commission of Commerce on Friday.
The first Moleskine store in China opened on Tuesday at Shanghai Xintiandi Style on Madang Road, which is designed in a way as to mirror the elegance and simplicity of the legendary notebook.
The 30-square-metre retail space features objects from all the Moleskine collection: notebooks, bags, cases, pens, limited editions, all the classic objects, plus the latest launches. The floor is covered in a map which symbolises the contemporary nomad's mobile identity: always on the move, discovering new places and living in transit.