Premiums for gold bars were barely changed in Asia after jewellers turned their back on the physical market due to volatile prices, but weddings in main consumer India were expected to stir up trade in coming days.
John Lewis, the employee-owned group seen as a barometer of British retailing, posted a sixth consecutive week of rising department store sales, but said it was still too early to talk of a sustained consumer recovery.
From Facebook to Twitter to YouTube, retailers and food chains plan to use social media this holiday season to get their brands in front of consumers and possibly win a bigger piece of their limited shopping budgets.
Pantaloon Retail Ltd, India's largest listed retailer, said its board had approved spinning off its Big Bazaar and Food Bazaar operations and related formats into a wholly-owned subsidiary to raise funds.
China Resources Enterprise Holdings said it aims to focus on the rapidly growing consumer market on the mainland through an asset swap with a major shareholder, in a deal valued at nearly HK$5 billion ($645 million).