Appetite for new store openings still strong in Asia: reports

The growth of e-commerce in Asia is inexorable. In both Korea and China, online penetration of retail sales is pushing up near 25 per cent and for some retailers it is much higher. Walmart, one of the most important ones because of its size, market penetration and breadth of merchandise, says e-commerce now makes up 50 per cent of its sales in China. Even so, interest in opening stores remains high and mall operators are generally adapting well to changes in consumer behaviour by turning their p

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