September 22 – Japanese food store Maruetsu will open its first store in China by the end of September, Japanese media reported. Maruetsu plans to open an upscale supermarket in Wuxi, an industrial city in Jiangsu province on September 30, and hopes to operate 20 stores in China by 2017.
September 20 – Men account for 55% of revenue from China's luxury market, according to a CLSA report. Chinese men spend 61% more than Chinese women on fragrances and 52% more on watches, said Vinay Dixit of McKinsey's Asia Consumer Center. Separately, Victor Luis of Coach Retail International said men represented 45% of China's $1.2 billion luxury bag market compared to just 7% in the US.
September 19 – H&M opened its 3,000th store in Chengdu, Sichuan's provincial capital. The Swedish fashion retailer has opened 150 stores in China since its entry into the country in 2007.
September 19 – Chinese consumers buy clothing online more often than any other goods, Inside Retail Asia reported, citing findings of a survey by Nielsen. 91% of respondents said they had bought apparel and accessories online over the past 3 months as this saved them time and energy, according to the survey. Household products ranked second with a penetration rate of 78%.
September 18 – Tesco shut down its 15-year-old store in Shanghai's Changning district as the British retailer struggles to compete with local peers, Linkshop.com.cn reported. It is Tesco's 6th closure in China this year.
September 18 – 10 Corso Como said it will open its first China store in Shanghai, Inside Retail Asia reported. The Italian shopping and dining complex operator's first store in Shanghai, with 2,500 square meters, will be situated on West Nanjing Road, one of the most top-end high streets in the city.
September 17 – China will overtake Canada as Starbuck's (Nasdaq: SBUX) second largest market after the US in early 2014, Linkshop.com.cn reported, citing American media. The coffee company is expected to operate over 1,000 stores in China by then.
September 17 – Zara plans to expand to tier-3 and tier-4 Chinese cities following rapid growth in the nation's largest cities, Zara China executive president Ai Weimin said. The Spanish fashion retailer has opened over 400 stores in China's tier-1 and tier-2 since 2007, including 120 that were opened last year.
September 16 – Most food prices rose in China's 50 largest cities in the first 10 days of September from the previous 10-day period, including meat and vegetables, according the National Bureau of Statistics. However, the price of peanut oil fell 0.9% during the period.
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