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JC Penney collapses into Chapter 11
US department-store giant JC Penney has filed for Chapter 11 bankruptcy protection. But while the company blames the Cov...

Sale week boost for South Korean retailers – but for how long?
South Korean retailers experienced a burst in consumption during the so-called ‘golden holiday’ spanning six days from t...

Neiman Marcus enters bankruptcy protection, rival set to follow
High-end US department-store chain Neiman Marcus entered bankruptcy protection overnight and there are reports that riva...

Two Asian retailers named in global housewares awards
Two Asian retailers have been named in a global housewares awards sponsored and organised by the Inspired Home Show and ...

Historic falls in retail sales around the world spell doom for many chains
As retail sales figures begin to come in from countries where lockdowns have been in force, the true impact of the coron...

Takashimaya to offer financial services in Japan
Japanese department store Takashimaya is to sell financial products and services in partnership with an online securitie...

Philippine retailers experiencing coronavirus-related sales slump
The Philippines’ largest retail landlord SM Supermalls says retailers' sales have dropped both at home and in China due ...