Tag: RETAIL
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E-commerce development accelerates rapidly on global scale: association
Starting from scratch, Macau has undergone years of development and now boasts impressive progress in e-commerce integration and live-streaming sales,” José Chan Rodrigues, president of the ... -
E-payments account for almost 80% of all retail, F&B payments
Electronic payment (E-payment) transaction values accounted for between 70% and 80% of the receipts of restaurants and similar (F&B) establishments and retail trade in November last ... -
Price gaps in supermarkets reach 189%: CC
The Consumer Council (CC) has reported noticeable price differences for everyday products in Macau supermarkets, with some items costing nearly twice as much depending on the ... -
Supermarket price disparities reach up to 165%, Consumer Council finds
The Consumer Council (CC) has published its latest update on the prices of a wide range of products found in local supermarkets. As in previous reports ... -
Retail sales drop 15% in Q1
The retail sector saw a significant contraction in the first quarter of 2025, with total sales dropping by 15% year-on-year to MOP17.58 billion, according to the ... -
Locals and tourists criticize retailers’ customer interaction and business attitude
Residents and tourists alike agree that many local retailers urgently need to improve their customer service, interactions, and overall business attitude. With a greater influx of ... -
Retail outlook brightens despite September sales slump
September proved to be a challenging month for the local restaurant and retail sectors, according to the latest Business Climate Survey released by the Statistics and ... -
M8 mall soft opens September
M8 mall is set to commence its soft opening in September, featuring international brands to cater to mid-to-high end of the market. In an announcement yesterday, ... -
Taobao unveils free shipping to Macau
Taobao, the main retail platform of Alibaba Group, will provide free shipping for clothing purchases and will also offer free returns to specific regions, including Macau. ... -
Sands China Shopping Carnival returns with increased number of SMEs
The Sands Shopping Carnival made a comeback yesterday at The Venetian Macao, featuring more than 580 booths, with a record-breaking 325 booths dedicated to local SME ... -
New M8 mall expected to open soon
Macau’s city center is set to welcome a new shopping destination in the third quarter of 2024, with the opening of the highly anticipated M8 mall. ... -
Dr. Martens shares plunge to record low after weak US revenue outlook
Chunky bootmaker Dr. Martens is warning of a tough year ahead. The London-based company’s footwear became a symbol of youthful rebellion in the 1960s and has ... -
Macy’s to close 150 stores as sales slip as it pivots to luxury at Bloomingdale’s and Blue Mercury
Macy’s will close 150 stores over the next three years and 50 by the end of 2024, the department store said yesterday after posting a fourth ... -
Macy’s rejects $5.8B takeover bid from two investment firms
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. Arkhouse ... -
Uniqlo sues Shein over alleged copy of its popular ‘Mary Poppins bag’
Uniqlo Co. has sued rival retailer Shein over a small shoulder bag the Japanese retailer said was an inferior and unlawful copy of its hit product ... -
China’s Shein hit with lawsuit citing RICO violations
China’s fast fashion retailer Shein is facing a lawsuit that claims the clothing maker’s copyright infringement is so aggressive, it amounts to racketeering. The filing this ... -
Generational mindsets are changing, so should brand images
Mature brands should take the younger generation’s shopping habits into account in their development plans, Calvin Chen, Senior Sales & Marketing Manager and Senior Brand Ambassador ... -
H&M officially closes doors in Macau, promises to return
Fashion giant H&M has officially shut its doors in Macau with the closing on Sunday evening of the brand’s last operating store at The Venetian Macao. ... -
RETAIL | Disappointing sales for Cartier in Macau
Richemont, the maker of Cartier jewelry, reported that third-quarter revenue growth stagnated for the first time in six years as protests in Hong Kong disrupted sales ...
