Chinese visitors drive boom in Hong Kong's retail sales

08/31/2011 | Bloomberg

Hong Kong is teetering toward its second recession in just a few years, but its retail sector is enjoying a sales boom thank mostly to shoppers from China. Hong Kong's statistics department reported a 25% jump in sales for the first seven months of 2011. Chinese tourists are "a crucial lifeline for Hong Kong's economy," according to Hong Kong-based economist Donna Kwok. "Hong Kong shoppers seem immune to inflation and global financial market turmoil."

View Full Article in:

Bloomberg

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Senior Analyst Seasonal Merchandising Planning
Walgreens
Northbrook, Illinois
Warehouse Systems Manager
Uline
Pleasant Prairie, WI
HR Organizational Partner
HSN
Saint Petersburg, Florida
Process Improvement Manager
Uline
Pleasant Prairie, WI
Assistant Store Director-Operations, M&M's World NYC Times Square
Mars Retail Group
New York- Times Square, New York