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USD26m allocated to rebuild Indonesia's Senen market
Source: The Jakarta Post City-owned market operator PD Pasar Jaya will channel Rp 300 billion (USD25.9 million) to revitalize Senen market’s Block 3 in Central Jakarta, which was gutted by a fire on...
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Retail boss Mark McInnes blasts previous Australian government, slams high wages
Source: The Sydney Morning Herald Online Former David Jones boss Mark McInnes has introduced a speech by Australian federal treasurer Joe Hockey with a blistering attack on the previous Labour...
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Amazon introduces first smartphone
Source: Retail In Asia Amazon unveiled on Wednesday its first smartphone - Fire.The brand new gadget features two new technologies - Dynamic perspective, which it said uses a new sensor system to...
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Asos warehouse fire in England leads company to halt sales
Source: guardian.co.uk UK online fashion retailer Asos has been forced to suspend its website and stop taking orders, possibly for several days, after a fire at the firm's main warehouse in Barnsley...
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Retailers find safety problems in Bangladesh factories
Source: The Malaysian Insider European retailers said on Tuesday they had found thousands of safety problems while inspecting Bangladesh garment factories in a drive to prevent a repeat of last...
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ASOS says back on course for USD4b sales by 2020
Source: CNBC UK online fashion retailer ASOS believes it can reach its target of GBP2.5 billion (USD4 billion) in annual sales by 2020, with price cuts helping to reignite growth after three profit...
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Amazon.com introduces electronics holiday gift guide
Source: Retail In Asia Amazon.com has released its annual Electronics Holiday Gift Guide, a curated list of more than 500 of the top electronics gifts of the season, which it said features three...
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US retailers target Alibaba over sales tax "loophole"
Source: CNBC Alibaba is taking on Amazon's habitual role as public enemy number one for traditional US retailers, as the Chinese ecommerce group is dragged into a political fight in Washington over...
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Chinese "explosion of buying" benefits Japan
Source: Shanghai Daily Chinese tourism remains a big business in Japan. Last year, almost 2.5 million Chinese mainlanders visited their island neighbour, a four-fifths increase from a year earlier....
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Gap matches employees' donations to aid group for Nepal Earthquake
Source: Retail in Asia Gap is matching funds of any eligible Gap employee who donates to the aid group Mercy Corps in response to the devastating earthquake that recently hit Nepal and the...
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McDonald's supplier fined for pollution in China
Source: CNBC A Chinese joint venture of US-based J.R. Simplot, which supplies frozen french fries to McDonald's, was fined CNY3.92 million (USD632,370) on Wednesday by the Beijing city government for...
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Cold snap to help retailers clear winter stock
Source: The Sydney Morning Herald Online A cold snap that sent temperatures plunging along Australia's east coast could not have come at a better time for retailers desperate to clear winter stock...
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Japanese firms face difficulties grasping damage from Tianjin blasts
Source: The Japan Times Online Japanese companies operating in Tianjin were facing difficulties on Saturday grasping damage to their facilities from devastating explosions that rocked an industrial...
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Flipkart founders debut on Forbes billionaire list
Source: CNBC If there's one indicator India's e-commerce sector is on fire – here it is.Sachin Bansal and Binny Bansal, the co-founders of India's largest e-commerce firm Flipkart debuted on Forbes...
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Online to offline seen as a marriage of convenience
Source: Shanghai Daily Connecting online to offline is the new Holy Grail for the biggest players in China's internet shopping explosion, whether they be domestic or overseas operators. E-commerce...
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