Large retail chains are offering discounts in their stationary departments to attract customers during the back-to-school season, retailers said over the weekend.
"Sales potential in this segment exists because revenues during this period are growing every year," said Jurene Hsiao (
PHOTO: SEAN CHAO, TAIPEI TIMES
US retailers consider the August-September period to be the second-busiest time, with holiday shopping creating the most sales.
Foreign retailers such as Tesco and the Taiwanese-French joint venture Carrefour Taiwan introduced "back-to-school specials" about four years ago in an effort to generate more revenue.
Carrefour anticipates that purchases of its stationary products will increase 10 percent to 15 percent during the eight-week period this year, Hsiao said.
Many chains have set up special areas inside their outlets this month, showcasing a range of stationery items, schoolbags, dictionaries and reference books.
The strategy has netted buyers who are looking for bargains.
"Things are cheaper here compared with stationery stores," said Wang Ting-ting (
"It's convenient to do shopping here as all the required items for school are located in one area," she said.
Even though families are having fewer children, they tend to spend more on the ones that they do have.
"Parents are generously spending money on their children," said Daisy Lee (
Their purchasing power remains strong despite recent price hikes on petrol, she said.
Consumer spending in the retail sector rose 2.8 percent over the past 12 months when compared to the year-earlier period, according ACNielsen Taiwan Associate Director Jennifer Wang (
Do-it-yourself home furnishing retailer B&Q Taiwan is aiming at college students that live in campus dormitories or apartments, said Crystal Lee (李惠雯), public relations official of B&Q.
"We expect an 8 percent growth in this niche ... the market will keep growing," she said.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that