Magazines Archives - 2009 January

Retailing in recession - Part 2: Some key do’s and don’ts for Asian retailers
Story 1 - One Viewpoint

The first part of this article dissected the drama of a global economic slump, triggered by the US credit woes. The storm of recession was approaching, and Asian retailers nervously waited for it to make landfall. Part 2 now looks at the good and bad news that broke in the midst of the economic crisis: Massive government economy stimulus packages on the one hand, but a jittery market and job losses on the other. Asian retailers would have to grapple with tough times. The question is, how? Part 2 examines some of the conventional wisdom on how to survive, and perhaps thrive going forward. By Steven HL Goh

Steven HL Goh is the executive chairman of RETAIL ASIA. He is also the CEO of The Business Company, a consulting firm advising multinational retailers on retail strategies and business development opportunities in the Asia-Pacific.

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