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China Expects Strong Retail Sales Growth in 2010
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The Chinese IT spending is anticipated to reach US$ 216.7 Billion in 2010, representing significant growth opportunities for technology and service providers. According to Gartner, IT spending by enterprises and consumers in China is projected to reach the figure of US$ 216.7 Billion in 2010, exhibiting good opportunities for technology and service providers. This represents an increase of 5.9% from US$ 205 Billion in 2009, as reported by   ... Read more
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New Zealand – Surging Retail Sales Indicate End of Recession
02 Sep, 2009
Long awaited growth in New Zealand’s retail sales has strengthened the notion that the economic turmoil in the country might just be on the verge of getting over. Second quarter of 2009 was the first quarter of positive growth for the retail sales in the past seven quarters, and thus, ...Read more

Wet Weather Maintains UK Retail Sales Up in July
28 Aug, 2009
UK’s retail industry continued the upward growth trend in July 2009, on account of higher sales of furniture and home ware goods. According to the British Retail Consortium (BRC), with the wet weather propelling demand for home ware goods and furniture, retail sales surged in July 2009, ...Read more

India – Tier I & II Cities May Have 300 Hypermarkets by 2011
13 Aug, 2009
India\'s tier I & II cities have potential to see opening of 300 new hypermarkets by 2011 as people are increasingly inclining towards more convenience and availability of products at one shop. The Associated Chamber of Commerce and Industry (ASSOCHAM) has completed a study along with KPMG in ...Read more

Hot Weather Raise Retail Sales in Britain
30 Jul, 2009
The UK retail industry is said to have made moderate gain in sales during June 2009 over the corresponding month a year ago on account of summer clothes and outdoor items. The British Retail Consortium said that the retail sales in the UK picked up momentum during June 2009 on sunny weather ...Read more

US – Retail Industry Performed Better in June
28 Jul, 2009
The US retail sales in June 2009 registered the biggest surge in the last five months on account of revival in the auto sector and increase in prices of gasoline. The growth in the US retail sales in June 2009 was recorded as the largest in the past five months, fueled by marginal revival in the ...Read more

China - Retail Sales and Industrial Production Up in May’09
30 Jun, 2009
May 2009 proved good for the retail sales and industrial production of China due to modest pace of deflation as well as government\'s stimulus plans. According to the statistics, bank lending, industrial output as well as the retail sales surged in May 2009 with the heavy expenditure by the ...Read more

US Retail Sales Up in May’09
23 Jun, 2009
US retail sales surged in May after three months, on the back of rising gasoline prices and higher demand for automobiles. Reporting the first increase in the past three months, retail sales in the US surged in May due to soaring gasoline prices and an increasing demand for light trucks and cars ...Read more

Indian Gems & Jewellery Industry Sales to Grow 50% by 2013
19 Jun, 2009
The Indian gems & jewellery industry is anticipated to grow by 50% of its current value by 2013 on account of high consumption and skilled manpower. The All India Gem and Jewellery trade Association has set a target of 50% rise in the retail turnover of Rs 1,12,000 Crore domestic jewellery ...Read more

Sweden Retail Sales up 5% in April 2009
16 Jun, 2009
Retail sales in Sweden grew 5% year-on-year in April 2009 due to falling of the Easter in the same month, interest rates cuts and strong consumer confidence. According to a preliminary report released by Statistics Sweden on May 28, 2009, the retail sales grew 5% year-on-year in April 2009 as ...Read more

Scottish Retail Sales Rose in April on Warm Weather & Easter
06 Jun, 2009
Retail sales in Scotland surged impressively in April 2009, outshining the overall growth in the UK, due to better weather and Easter shopping. According to the Scotland Retail Consortium, the value of Scottish retail sales was up 8.2% in April 2009 as compared to April 2008, which is a tremendous ...Read more

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