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retail sales

‘Nasty’ inflation numbers could deliver a rate rise despite retail discounting frenzy

Australia's struggling retail sector has been given a glimmer of hope, with rolling sales encouraging shoppers to spend — but economists warn that it...

New mainland travel permit will not mean economic hit for Hong Kong: experts

Kevin Tsui Ka-kin, the chief economist at research firm Orientis, predicted there would be some impact on consumption in the city, but insisted it...

Fashion and furniture shopping help UK retail sales rebound in May

A rebound in the number of shoppers flocking to fashion and furniture stores helped boost retail sales last month, after wet weather dampened spending...

American Sam’s Club in Shenzhen launches online shopping and delivery for Hong Kong

The company said it would operate its own delivery service and charge HK$30 (US$3.8) for the first 1kg (2.2lbs) of items, and then HK$4.5...

Inflation rises slightly in April to 3.6pc but economists say that should ring ‘alarm bells’ for RBA

In short: The annual rate of inflation ticked up to 3.6 per cent in April, from 3.5 per cent in March.Economists say multiple measures...

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