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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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Scotland Retail Sales Up 0.5% YOY in March 09
06 May, 2009
Retail sales in Scotland are once again surging, with 0.5% YOY increase registered in March 2009 on account of better weather conditions and hike in food prices. The Retail Sales Monitor of Scottish Retail Consortium (SRC) reveals that there was a 0.5% YOY increase in retail sales in March 2009, ...Read more

London Retail Sales Topped the Rest of UK
30 Apr, 2009
Strong euro and favorable weather conditions helped March retail sales in London to outpace the overall retail sales in the UK. The latest data released by the British Retail Consortium (BRC) suggests that central London’s retail sales figures surged 5.1% YOY in March 2009 as compared to the ...Read more

FMCG Demand Surging in Rural India
21 Apr, 2009
Rural areas in India are pushing the demand for fast moving consumer goods on account of rising rural income and better penetration of FMCG companies in these areas. According to a research commissioned by the Associated Chambers of Commerce and Industry in India, rural areas are propelling the ...Read more

Retail Sales of Organic Cotton Products Soared 63% in 2008
15 Apr, 2009
The retail sales of organic cotton clothes and home textile products recorded 63% growth worldwide in 2008 with retailers firmly committed to their sustainability plans. Organic Exchange, a non-profit organization, said in its report, “The Organic Cotton Market Report”, that the retail ...Read more

UK - E-retail Sales Surged 13% YOY in Feb 2009
01 Apr, 2009
The online retail sales in UK registered 13% YOY increase in February 2009 as Internet lured higher number of shoppers to get discount and save money in tough economic time. The latest findings from IMRG Capgemini e-Retail Sales Index indicate towards a 13% YOY increase in the UK online sales ...Read more

US Retail Sales Surged for the First Time in Five Months
26 Mar, 2009
US retail sales posted an increase after five months spanning September 2008 to January 2009, mainly due to the consumers seeking spring fashions. US retail sales registered its first, though moderate, growth in February 2009 after September 2008, indicating to the rebound in the industry, as ...Read more

Indian Coir Exports Expected To Surpass Target for 2008-09
25 Mar, 2009
Indian coir industry is anticipated to meet its target of Rs 6 Billion for 2008-09 due to huge exports to China and flat growth in exports to some countries despite economic meltdown. Despite the looming spectre of recession over the textile and garment sector due to economic crisis, the Indian ...Read more

Foreign Investment Expected in Polish Retail Soon
12 Mar, 2009
Poland\'s retail industry is expected to grow rapidly on account of rising investments by global retailing giants in wake of immense potential in the sector. The leading retail chains worldwide are planning to make investments in Poland despite the ongoing global recession, as reported by ...Read more

US Online Retail Sales Rose Unexpectedly in January 2009
04 Mar, 2009
Consumers’ bargain-hunt led the US online retail sales to climb 2% in January 2009, giving some relief to the retailers after a weak holiday season. The latest comScore study has revealed that US online sales surged 2% in January 2009 as compared to January 2008, offering a ray of hope to ...Read more

Chinese Retailers Grew Significantly in Jan 09
03 Mar, 2009
Due to the government’s stimulus policies, launched since fourth quarter of 2008, major Chinese retailers saw a significant increase in sales in January 2009. Yao Jian, Spokesman of the Ministry of Commerce in Beijing, stated that major retailers in China witnessed 24.5% growth in sales ...Read more

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