Retail news from Asiafruit – Page 38
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Fruitday to leverage JD.com’s network
China’s leading online direct sales company JD.com has led a US$70m financing round for fresh fruit e-tailer Fruitday
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Walmart sees China as top priority
Walmart has announced plans to expand its presence in China by almost a third by 2017
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Tesco Lotus commits to expansion
Thailand’s Tesco Lotus plans to open five hypermarkets and 50 express stores this year
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Give India retail a chance
India's modern retail sector needs time to grow, says produce chief at Future Group
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India retailers should push food safety
It is up to India's retail sector and not the government to make domestic produce safe, official says
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Australian promotion for South East Asia
Victorian Government launches new campaign focused on grape, stonefruit and pipfruit exports
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Australia moves towards origin labelling
Symbol would help consumers realise value proposition of local products, according to Australian Made group
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King Tomato heralded in Jakarta
Fresh Grow International has launched its King Tomato range in Indonesia’s capital amid fanfare and celebrities
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Dairy Farm acquires Macau supermarket
Hong Kong-based retailer Dairy Farm has purchased the Macau supermarket chain San Miu
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Tesco Lotus cuts fresh food prices
Thailand’s Tesco Lotus has launched a six-week campaign to boost customer spending on fresh produce with discounts of up to 50 per cent
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CRE points to Tesco China for 2014 loss
China Resources Enterprise has blamed Tesco China for dragging the Chinese retail company into the red
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Fabindia eyes organic sector
Retailer sees potential to develop organic sales in India as concern for food safety rises
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Tesco Lotus unveils new DC plan
Second regional distribution hub to be built in Surat Thani, servicing around 200 stores
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Spar opens stores in Indonesia
Dutch retailer Spar has invested US$1.13m in three new supermarkets in Jakarta
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CP All to expand, refinance debt
Thai retailer CP All has announced plans to refinance existing debt and target a 10 per cent revenue growth this year
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Japan develops taste for functional veggies
Demand for vegetables with enhanced nutritional attributes is growing in Japan, pushed by both consumers and growers
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Malaysia celebrates kinnow festival
The Pakistani Kinnow Mandarin Festival has been launched in Malaysia ahead of Chinese New Year
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Cherries on top for Chinese New Year
Australian and New Zealand cherries have reaped high prices in Shanghai ahead of the Lunar New Year
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Walmart to expand in Andhra Pradesh
Walmart India has announced plans to open 15 cash and carry stores over five years
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Metro Group net debt at 10-year low
Metro Group has posted a slight increase in performance, with its net debt reaching a ten-year low