The weakness raises the possibility that the Chinese economy may have shrunk in the first quarter of this year. It would be the first contraction since 1976.
Tag: Shopping and Retail
‘Where Do I Find Your Hand Sanitizer?’ Sorry, We Have None.
As shoppers look for products to help protect against an outbreak, they are increasingly finding empty shelves.
Clicking Buy on Amazon? It’s Trying to Prevent a Coronavirus Caveat
The Everything Store, which stocks more than 100 million items, is working to avoid disruptions in its supply chain.
Walmart Says It’s Not Lowering Forecast Because of Coronavirus
The world’s largest retailer said it would continue to monitor the outbreak but was not adjusting its outlook for the year, a day after Apple warned of a slowdown.
Coronavirus Empties European Cities of Chinese Tourists
Hotels, stores and destinations across the Continent have come to rely on visitors from China. Quarantine measures have changed all that.
Shuttered Stores, Fewer Tourists: Luxury Feels Coronavirus Effects
Luxury retail is dependent on Chinese buyers at home and abroad, and it is now facing a crisis.
Beijing in the Time of Coronavirus: No Traffic, Empty Parks and Fear
The Chinese capital, like other cities far from the epidemic’s center, has imposed restrictions and shut down public spaces, straining the ties that bind society.
China Says It Will Ban Plastics That Pollute Its Land and Water
Though likely to be welcomed by many Chinese who worry about pollution, the measures could be a hard sell for a society used to convenience.
Yellow or Blue? In Hong Kong, Businesses Choose Political Sides
Shops and restaurants are now being labeled either yellow, to note support for the city’s protest movement, or blue, in support of the police. The move is having a big economic impact.
Self-Checkout in France Sets Off Battle Over a Day of Rest
Besieged by online rivals, retailers are staying open Sunday afternoons with automated cashiers. Critics see an invasion of American-style consumerism.