Magazines Archives - 2007 June

Marks & Spencer makes returns to Taipei after survey
Story 6

UK retailer Marks & Spencer has returned to Taiwan with the opening of an outlet in Dream Mall, reported to be the region’s largest, in the southern port city of Kaohsiung last month.

For this, the company has set up Marks & Spencer (Taiwan) Corp in joint venture with President Chain Store Corporation. The UK retailer owns 60% of the venture, with the remaining stake going to its Taiwanese partner.

Marks & Spencer, which left the Taiwanese market in 2001, only decided to return to the island this year after a year-long market survey was done, said Stephen Walters, manager for Marks & Spencer (Taiwan) Corp.

Marks & Spencer (Taiwan) Corp intends to set up two more stores in Taipei by year-end.


2007 June Stories:

Mega developments mushroom in China

SRA in retail scholarship tie-up with Singapore government

Reliance ventures into consumer durables with first digital store

Tesco starts c-store chain in Japan

Dairy Farm’s growing sales and profits aided by diversity

Philippine retail expects growth to surpass 7%

Marks & Spencer makes returns to Taipei after survey

Visa Asia-Pacific sales growth helps to double global revenue figure

GS Home Shopping shifting focus to Web for revenue

Wal-Mart goes nationwide with Site-to-Store service to boost cross-channel sales

C-stores moving towards cashless transactions

Parkson to grow business by harnessing IT from SAS

Watson’s favours upgrading technology over opening stores

The Store can now issue loyalty cards to customers on the spot

WorldCard brings CRM scheme to retailers

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