Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns in China.

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Starbucks China to open Coffee Innovation Park

Starbucks China will invest US$130 million in a new roasting facility in 2022 as part of its upcoming Coffee Innovation Park in Kunshan.

Apple closes all stores worldwide – except in China

Apple has closed all of its stores outside of Greater China in response to the coronavirus crisis, a decision based on its experiences on the mainland.

Gome flagship store launches on JD

A Gome flagship store has launched on JD, giving the Chinese home appliance retailer access to JD’s more than 360 million active annual customers.

Hong Kong’s City’Super supermarket chain sale sparks strong interest

Investment groups China Resources and Yonghui Superstores, as well as some private individuals, are among potential buyers of Hong Kong’s City’Super high-end grocery chain.

Live streaming drives growth for Chinese online fashion retailer Mogu

Chinese online fashion and lifestyle retailer Mogu says its live-streaming broadcast formats doubled in the last quarter, driving a 7.8 per cent rise in group Gross Merchandise Volume (GMV) last year to US$2.6 billion.

Alibaba Cloud to help retailers go live online within five days

Alibaba’s cloud service is promising to boost e-commerce solutions to businesses suffering from the impact of the coronavirus outbreak.

Chow Tai Fook closes 40 stores after 60-per-cent sales slump

Hong Kong-based jewellery group Chow Tai Fook has closed 40 stores in Hong Kong after experiencing a 60-per-cent drop in retail sales there amidst the coronavirus outbreak.

Convenience Retail Asia sales, profit rise despite Hong Kong unrest

Circle K Hong Kong parent Convenience Retail Asia has recorded a 5.9 per cent increase in sales last year to US$724.7 million, despite the onset of social unrest disrupting its core Hong Kong retail market.

How Suning has developed unmanned logistics to weather coronavirus crisis

Chinese retail giant Suning’s unmanned logistics and contactless delivery services have come to the forefront during the coronavirus outbreak.

Lower-tier cities drive boom in online shopping in China

Online shopping in China is booming during the coronavirus outbreak, with twice the number of first-time users in lower-tier cities moving online compared to those living in upper-tier cities.

Giordano to focus on global expansion as sales fall in greater China

Giordano group sales fell 11.9 per cent last year to US$624.6 million with sales at physical stores falling by 9.6 per cent and to franchisees by 24.2 per cent.

Ant Financial Services targets 40 million service providers

Ant Financial Services subsidiary Alipay says it will spend the next three years opening up its online payments platform to support the digital transformation of 40 million service providers across China.