Retail news from Asiafruit – Page 36
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ArticleSouth Korean grapes land in China
The first shipment of grapes from South Korea have cleared customs and are selling at DIG supermarkets in Shanghai
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ArticleDairy Farms shuts more Indonesian stores
A further 74 Dairy Farm-operated convenience stores and supermarkets have been closed in Indonesia
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ArticleUS$62m investment for Pagoda
Tiantu Capital has led the Series A financing round for Chinese fresh fruit retailer Pagoda
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ArticleABC Group seeks foreign partners
Myanmar’s largest convenience store operator ABC Group is looking for international partners to drive its expansion
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ArticleNTUC Fairprice launches Fairprice Hub
The US$249m headquarters and distribution hub for Singapore retailer NTUC Fairprice has opened
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ArticleLulu Group to enter Indonesia
Middle Eastern retail group set to open it’s first store in Jakarta this year
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ArticleNTUC Fairprice teams with Honestbee
Singapore retailer NTUC Fairprice has partnered with grocery app Honestbee to allow customers to order and receive groceries within the hour
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ArticleHappyFresh launched in Thailand
Mobile app to deliver groceries has expanded from Kuala Lumpur and Jakarta to Bangkok, with Manila soon to follow
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ArticleM&S slows down China expansion plans
UK retailer cites political and economic factors for readjustment but remains committed to the market
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ArticleTesco sells Korean stores for US$6bn
UK-retailer Tesco has sold its South Korean Homeplus operations to a consortium led by MBK Partners
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ArticleAeon to open in Hanoi
Japanese retailer Aeon has announced an opening date of its Vietnamese store in October
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ArticleFree fruit for kids promo goes viral
Leading New Zealand supermarket chain generates social media viral hit with impromptu trial offer in one of its Auckland stores
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ArticleTesco Korea bids come in
UK retailer Tesco is looking to sell its Korean operations as the won continues to depreciate against the British pound
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ArticleChinese e-tailer delivers to convenience store
Chinese fresh produce e-tailer Benlai Shenghuo launches unique online-to-offline retail platform
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ArticleJD.com extends its offline reach
Chinese e-tailer JD.com invests in supermarket chain Yonghui Superstores to further explore online-offline cooperation
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ArticleNew labelling system can go further
Citrus body encourages Australian consumers to seek added information about the origin of their products
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ArticleThai retailers cut food prices
Tesco Lotus and 7-Eleven have launched promotional campaigns to counter declining sales in Thailand
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ArticleSouth Australia eyes China’s retailers
An MoU between the wholesale fruit and vegetable markets of South Australia and China’s Guangzhou will pave the way for fresh produce exports
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ArticleMalaysia gets a taste of Pakistani mangoes
The Pakistan High Commission has launched a ‘festival of mangoes’ at Malaysian retailers
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ArticleBanana prices rise in Japan
The weak yen and a shortage of supply from the Philippines have pushed banana prices up in Japan