Retail news from Asiafruit – Page 41
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DOLE-ivered from phone to couch
Dole Asia has launched an app in Thailand allowing customers to order fresh fruit from their mobiles
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Sheng Siong to open stores in China
Singapore retailer Sheng Siong and Kunming LuChen Group propose joint venture to open supermarkets in China
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China Fruits to invest in e-commerce
China Fruits has posted a 562 per cent increase in revenue in the first six months of 2014 and announced a $160,000 investment in e-commerce
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Spar plans Indian expansion
Spar International has announced a partnership with Max Hypermarkets to operate 30 stores in India by 2019
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Dairy Farm to buy stake in Yonghui
Hong Kong's Dairy Farm is to buy a 19.99 per cent stake in Chinese retailer Yonghui
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Walmart China faces food safety investigation
Chinese authorities are investigating claims a Walmart store in Shenzhen has violated food safety regulations
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Metro sells Vietnam branch for $876m
German retailer Metro has sold its Vietnam cash-and-carry operations to Thailand’s Berli Jucker
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New Libya deal for UK banana brand
BanaBay to start supplying premium quality bananas to Tripoli-based Al Fakhira as it seeks to boost Middle East presence
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Dairy Farm reports sales rise
Hong Kong retail group Dairy Farm has announced a 5 per cent rise in sales to US$6.3bn in H1 of 2014
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CP All announces Siam Makro sale
Retail group confirms intention to offload part of its stake in wholesale cash-and-carry business
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Central finds new outlet for convenience
Thai retailer working with its new convenience store chain partner FamilyMart to develop a fresh produce offering for consumers on-the-go
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Lantao opens office in Qingdao
Premium fruit importer Lantao has opened its seventh office in China
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Lantao opens office in Qingdao
Premium fruit importer Lantao has opened its seventh office in China
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Itochu and CP Group sign alliance
Japan’s Itochu has signed a US$1bn strategic alliance agreement with Thai agriculture conglomerate CP Group
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JD.com launches online marketplace
China’s second largest e-retailer by market share, JD.com, has relaunched online marketplace Paipai
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Walmart boosts investments in India
Walmart has invested US$102.9m into its wholesale stores in India
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Woolworths set for David Jones buyout
Shareholders of Australian retail chain David Jones have overwhelmingly approved takeover bid by South African retailer Woolworths
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E-retailer to bring Ruby cherries to China
Online fruit retailer Fruitday will be the first to bring Orondo Ruby cherries in to China, and is gearing up to begin organic kiwifruit promotions with Zespri
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Tesco Lotus to target Malaysia
The Thai branch of UK-based retailer Tesco has announced it’s targeting a 15 per cent increase in Thai exports this year
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Carrefour ends Indian venture
French retailer to close its five cash and carry stores by September, after buyout negotiations fail