綠色BN
2014-06-17

Retail News Roundup – June 17

The top 5 retail news clips in Asia this week.
Newspaper
1 – Wal-Mart to launch e-commerce marketplace in India in July
Wal-Mart Stores Inc will launch its business-to-business e-commerce platform in the Indian cities of Lucknow and Hyderabad in the first week of July, the world’s largest retailer’s India boss said on Fridays. 
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2 – Starbucks offers online college program to workers
Starbucks is rolling out a program that would allow its workers to earn an online college degree at Arizona State University at a steeply discounted rate.
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3 – NZ coffee chain expands in China
Kiwi coffee chain Esquires has added a new location in China.The latest Esquires outlet is located in a mall adjacent to a children’s play area close to another Esquires store located within the Crown Plaza Hotel building in Beijing.
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4 – Next in retail: Geo-triggered notifications
Personalised instant alerts triggered by virtual boundaries and sent directly to consumers’ smartphones are the new tools being investigated by retailers to gain a competitive edge. The latest solution from Geographic Information System (GIS) technology company Esri Singapore is even going beyond that.
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5 – China’s growth potential ‘impossible for retailers to ignore
China’s retail growth may have slowed over the past year, but its spot as the second most promising location in the world for retail development still makes it a vital market for brands, according to A.T. Kearney’s annual Global Retail Development report.
>>

 By Chris Hubbard 
   Market Strategy

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