Tag

retail sales

Stories tagged retail sales.

Retail / news / en

Hong Kong Shops, Landlords at Odds Over Rent as Sales Rise

Hong Kong retail sales rose over 10% year-on-year in early 2026, but a wave of shop closures persists, creating a rift between tenants seeking significant rent relief and landlords who see a recovering market.

Hong Kongretail salesrent reliefshop closureslandlord tenant dispute
Retail / news / en

Hong Kong retail sales rise 7.9% in May, online spending surges 33.1%

Hong Kong's retail sales grew 7.9% year on year to HK$33.8 billion in May, with online sales accounting for 10.1% of the total, according to the Census & Statistics Department.

Hong Kongretail salesonline salesecommerceCensus & Statistics Department
Retail / news / en

Australian retail spending rises 5.8% in May, all categories grow

Australian retail sales reached $39.67 billion in May, up 5.8% year-on-year, with all categories and states posting growth despite cost-of-living pressures.

Australian retailconsumer spendingretail salescost of livingeconomic resilienceABS data
Retail / news / en

UK retail sales slump deepens in June, CBI survey finds

British retail sales fell further in June, remaining well below seasonal norms, according to the latest CBI distributive trades survey, signaling a deepening downturn in the sector.

UK retailCBI surveyretail saleseconomic slowdownJune 2024
Retail / news / en

China Retail Sales Fall for First Time Since 2022

Retail sales of consumer goods in China dropped 0.6% year-over-year in May, the first decline since December 2022, as weak domestic demand weighed on the world's second-largest economy.

Chinaretail salesconsumer spendingeconomic datafashion