Customers look at the Australian release of the latest iPhone and Apple Watch models at the Apple Store on September 22, 2023 in Sydney, Australia. 
Technology

Apple orders over 10% more iPhones than last year on AI bet

Company preparing for Sept. 9 launch of first phones with Apple Intelligence

29 August 2024
Members of China's rhythmic gymnastics team wear Anta gear as they display their gold medals at the Paris Olympics.
Retail

Sports brands in China turn in uneven performance despite Olympic year

From Anta and Li Ning to Nike, gold medals not enough to ease consumption worries

28 August 2024
IKEA's Shibuya location has served as an incubator for new store ideas since opening in 2020. (Photo by Nanami Sato)
Retail

IKEA launches new urban store model in Tokyo's Shibuya

City center locations tie into online shopping to help make up for small size

28 August 2024
China's PDD Holdings is the parent company of Chinese app Pinduoduo and cross-border e-commerce platform Temu.
Retail

PDD shares plummet as Temu protests in China continue

Online retailer says profit will drop since high revenue growth not sustainable

26 August 2024
Female workers in Bangladesh's garment factories face numerous pressures and hurdles.
Society

Bangladeshi women in garment industry held back by knowledge gap

'Magic bullet' of education seen as key to opening up managerial opportunities

25 August 2024
A temporary end of government subsidies for electricity and gas have pushed inflation higher. (Photo by Konosuke Urata) 
Inflation

Japan's inflation accelerates for third consecutive month in July

Core CPI gains 2.7% on temporary end of electricity and gas subsidies

23 August 2024
Seven & i Holdings, which operates the 7-Eleven convenience store chain, is one of Japan's leading retailers.
Business deals

Seven & i's proposed buyout to require preapproval by Japan

Foreign investment rules could hinder Couche-Tard's bid for 7-Eleven parent

22 August 2024
As of end March, U.S. retailer Walmart held a 9.4% stake in JD.com, making it the No. 2 shareholder after the Chinese company's founder. It has now sold it all. (Source photos by AP)
Business deals

JD.com stock drops as Walmart unloads stake for estimated $3.6bn

U.S. retailer says it wants to focus on its own China operations

21 August 2024
The Chinese e-commerce giants Temu and Shein both face myriad regulatory hurdles amid their pushes into more overseas markets. (Source photos by Reuters and AP) 
Retail

Shein sues Temu (again) as e-commerce feud heats up

China-founded cross-border platforms have taken each other to court multiple times

21 August 2024
Alimentation Couche-Tard has expanded its convenience store network in Canada under the brand name Couche-Tard.
Retail

Seven & i potential buyer Couche-Tard is skilled M&A tactician

Canadian company's buyout of Japanese 7-Eleven parent would be its biggest yet

21 August 2024
Seven & i operates a variety of businesses, opening it to some market criticism of a lack of efficiency. (Source photos by Nikkei)
Business deals

Seven & i's slumping stock price raises takeover risk

Japan 7-Eleven parent's structural reforms fail to impress investors

20 August 2024
Seven & i is a major global operator of convenience stores. (Photo by Yuji Murakami)
Business deals

Japan 7-Eleven parent to mull takeover offer from Canada's Couche-Tard

Deal could create a top global retail group centered on convenience stores

19 August 2024
Fashion Momentum Group's Benlai brand is taking aim at Lululemon with yoga pants for women. (Photo by Itsuro Fujino)
Retail

China's answer to Zara has a sister brand that ditches jeans for yoga pants

FMG's Benlai chain adds more Chinese stores and plans overseas debut in Thailand

19 August 2024
Several recent surveys underscore the retail industry's commitment to AI adoption and its impact.
Opinion

Retailers cannot afford to ignore AI's competitive edge

Merchants are eager to use the tech but face challenges in ROI and data security

18 August 2024
The Grand Outlet currently houses about 120 shops, featuring international brands such as Coach, Nike and Adidas, and the number will increase to 150 in the future. (Photo by Tomoyoshi Oshikiri)
Retail

Mitsubishi Estate takes on Simon Property in Indonesian outlet malls

After collaborating in Japan, property giants now pursue separate development projects

17 August 2024
U.S. stocks rose in the morning of Aug. 15 on reports of strong retail sales.
Markets

U.S. indexes end higher as retail sales soothe slowdown fears

Nasdaq gains more than 2%, with S&P 500 and Dow also rising

16 August 2024
Hong Kong-based fashion retailer Giordano International is refocusing on growth in mainland China. (Photo by Kenji Kawase)
Retail

Hong Kong apparel maker Giordano to focus on mainland China again

Fast-fashion stalwart seeks to open more shops despite low consumer confidence

16 August 2024
Alibaba Group misses sales forecasts in its second quarter.
Technology

Alibaba disappoints despite strategy shifts, while JD beats forecasts

JD.com sticks to 'low price strategy' as Alibaba opts for more sustainable GMV growth

16 August 2024
Japan's GDP expanded in the second quarter of this year following a contraction in the previous three months. (Photo by Yo Inoue)
Economy

Japan's Q2 GDP grows annualized 3.1% as consumption rises

Economy rebounds from revised 2.3% contraction in January-March quarter

15 August 2024
China’s Tencent Holdings logged a better quarterly result than expected on Wednesday, backed by strong growth in domestic games and online advertising. 
Technology

Tencent sales beat expectations on gaming and ad revenue

Fintech revenue up just 4% as consumer spending slows

14 August 2024
Mercari has struggled in the U.S. as inflation-hit consumers tighten their purse strings.
Retail

Japan resale app Mercari delivers record profit amid U.S. troubles

China e-commerce platforms like Temu lure away Americans with cheaper products

14 August 2024
Seven & i plans to achieve net-zero carbon dioxide emissions in Japan by fiscal 2050. (Photo by Kosuke Imamura) 
Energy

Japan 7-Eleven parent to source renewable power for group stores

Seven & i wants green energy for 40% of electricity at domestic locations in fiscal 2030

14 August 2024
A shopper walks down an aisle at an Aeon Orange supermarket in Yangon.
Myanmar Crisis

Myanmar releases detained Japanese executive after sentencing

Military neither explains decision nor gives Hiroshi Kasamatsu's whereabouts

13 August 2024
A Uniqlo shop in Kuala Lumpur. Fast Retailing is recruiting management talent in South and Southeast Asia as it increases its stores there. (Photo by Hiroki Endo)
Retail

Uniqlo to target India and Southeast Asia for management talent

MBA holders are 'attractive' as future leaders for the Japanese retailer

11 August 2024
Amazon provides logistics support for sellers across China. (Photo by Shunsuke Tabeta)
Retail

Amazon develops China seller network to take on Temu, Shein

Chinese upstarts are cutting into U.S. e-commerce giant's share with cheap goods

8 August 2024