Retail news from Asiafruit – Page 35
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ArticleAlibaba launches CNY shopping festival
Leading Chinese e-commerce retailer Alibaba has launched its inaugural ‘Ali Chinese New Year Shopping Festival’ for the Lunar New Year
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ArticleFuture Group launches banana brand
Indian retail firm Future Group is launching its own banana label across stores nationwide
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ArticleMyanmar City Mart eyes US$25m expansion
Retailer Myanmar City Mart Holding to expand its operations across the country
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ArticleNew look and new stores for Giant
Malaysian retailer GCH Retail has announced plans to open six Giant hypermarkets and refurbish 28 stores
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ArticleTCC Holding buys Metro Vietnam
German retailer Metro Group has sold its Vietnamese operations for US$716.08m
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ArticleChinese e-tailers head to NZ
Bank of China aims to act as bridge between two nations, promoting growth opportunities in rapidly developing sector
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ArticleLulu Group to open store in Malaysia
Middle Eastern retailer Lulu Group has announced plans to open its first Malaysian hypermarket in February 2016
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ArticleWalmart eyes China for growth
Walmart Asia CEO Scott Price expects China will drive retail growth in the coming decade
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ArticleTmall breaks apple sales world record
E-commerce platform Tmall sells 641,899kg of apples on China’s Singles Day and breaks a Guinness World Record
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ArticleJD drops C2C site Paipai
Leading Chinese e-tailer JD.com has axed its consumer-to-consumer site Paipai amid concerns over counterfeit sales
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ArticleFruit sales spike on Singles Day
EXCLUSIVE: online fruit retailers report big leap in sales for China’s biggest shopping day of the year, and discuss their strategies
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ArticleAeon promotes Vietnamese mangoes
The Vietnamese Embassy in Japan has organised promotions of Vietnamese mangoes at Aeon retail stores in Japan
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ArticleDairy Farm profits drop in SE Asia
Pan-Asian retail group Diary Farm has reported slower sales growth and cost increases in the third quarter of 2015
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ArticleSiam Makro eyes Myanmar expansion
Thai retailer Siam Makro has placed Myanmar on its list of priority countries to expand into
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ArticleHonestbee raises US$15m to expand in Asia
Singapore-based grocery delivery service Honestbee has raised US$15m in its first funding round led by Formation 8
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ArticleRadish Boya opens in Hong Kong
Japanese organic grocery delivery company Radish Boya has expanded into Hong Kong
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ArticleBaidu invests US$20m in Womai
Cofco’s online fresh produce retailer Womai has finished a US$200m funding round
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ArticleAeon ups Japanese look in HK
Aeon’s Tsuen Wan store in Hong Kong has been upgraded to meet rising demands of affluent consumers
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ArticleMetro Retail Stores Philippines IPO approved
The Philippines' Metro Retail Stores is expected to raise US$135m in an initial public offering in November
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ArticleCarrefour China to expand Easy stores
Carrefour China has announced that ten of its convenience stores will open in Shanghai by the end of 2015