Retail news from Asiafruit – Page 39
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CP Group mulls another Tesco Lotus bid
Thai firm supposedly lining up another offer for retail giant, as Tesco looks to offload international shares
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China Fruits expands retail stores
Retailer and tangerine export China Fruits has expanded its footprint in China with more retail stores and a stronger online presence
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Dairy Farm expands in the Philippines
Hong Kong-based conglomerate Dairy Farm has increased its investment in the Philippine’s high-end supermarket Rustan’s
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Labelling offers fresh hope for Japan
Proposed new labelling laws offer renewed hope for Japan’s ailing produce industry
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Japan's youth shy from fruit
Japan’s household fruit consumption and expenditure has hit a 15-year low
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Aeon invests US$12.3m in Thailand
Japanese retailer Aeon has announced it will increase its operations in Thailand to 500 supermarkets by 2020
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Emart increases online stores
South Korean retailer Emart has announced plans to open six online logistics centres by 2020
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Carrefour eyes Chinese listing
French retailer’s chief executive refuses to rule out possibility of listing on stock exchange
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Giant builds Malaysian presence
GCH Retail subsidiary Giant will open four new hypermarkets in Malaysia in 2015
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Revenue rises for Japanese retailer
Aeon and Seven & I see welcome strong revenue growth but profit margins take a hit
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Costco celebrates Chinese entry
Retail giant surpasses US$6m in sales over first month, prompting a rethink of product range
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Foreign retailers target Australia
Deloitte report forecasts international competition to intensify, leaving locals vulnerable
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Italians assess Indonesia potential
A number of key players from the Italian fresh produce business took part in a special mission to the Asian country last month
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Coles faces A$10m fine
Australian supermarket giant Coles has agreed to refund suppliers and pay a A$10m fine after admitting to “unconscionable conduct”
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Online grocery sales rise in Australia
Food and liquor now nations third largest online segment, according to NAB index
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Korean produce gets festive in Malaysia
Promotions for Korean produce are running at supermarkets in Malaysia in the lead up to Christmas and ahead of the Chinese New Year
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Walmart cuts more jobs in China
Walmart China is looking to slash some 250 jobs to improve efficiency
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Hawkers protest against Walmart in India
Concerns grow over retail giant’s expanding presence and adherence to cash and carry model
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Thai tycoon considers Tesco Lotus buyback
Thai billionaire Dhanin Chearavanont has reportedly undergone informal talks to purchase Tesco’s retail stores in Thailand
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Woolworths cleared over Oliver campaign
Woolworths has been cleared of any wrongdoing after complaints it was charging suppliers for its Jamie Oliver promotional campaign