Retail news from Asiafruit – Page 46
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ArticleChina's retailers branching out
Retailer Yonghui is opening six more outlets this year, while Renrenle is opting for community store formats
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ArticleTop Thai retailers in price freeze
Tesco Lotus, Big C Supercentre and Siam Makro freeze or discount prices as part of efforts to rein in rising living costs
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ArticleTesco Malaysia discounts fresh food prices
The hypermarket chain is leveraging on its direct sourcing from local farmers to cut prices of 18 key fresh food lines
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ArticleJapanese supermarket to open in China
Supermarket operator Maruetsu intends to open a Lincos store in Wuxi, Jiangsu province
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ArticleTesco closing sixth Chinese store
UK retailer shutting down its sixth outlet in China since last year amid suggestions foreign retailers are struggling
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ArticleChinese vegetable prices rising
Average cost of 18 vegetable products rose 7 per cent in one week, with tomatoes recording the biggest increase
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ArticleGroupon India offers onion deal
Website crashes as consumers rush to take advantage of onion sales for just 10 per cent of retail prices
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ArticleSeeka setting up coolstore in Malaysia
Facility covering more than 9,000m² planned through collaboration with international and local businesses
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ArticleChina and India complex prospects
Foreign businesses should be fully aware of the agricultural landscape before investing in these growing markets
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ArticleJapanese firm invests in Myanmar
Joint enterprise established between Megumi No Sato and Myanmar’s City Mart Holding Company
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ArticleSun Art to enter e-commerce sector
In a bid to to stay competitive, China's largest retail chain is undertaking a joint venture with Excellent First
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ArticleHuge post-harvest losses for India
Assocham study puts the horticulture industry's losses at more than Rs2tn (US$32.7bn)
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ArticleIndia softens FDI stance
Multi-brand retailers given more freedom in market but significant investment may still be months away
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ArticleGlobal companies vie for ParknShop
Businesses from Japan, China and Australia are reportedly interested in buying the leading Hong Kong supermarket chain
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ArticleParknShop up for sale
Hutchison Whampoa intends to sell leading supermarket chain, a transaction expected to make as much as US$2bn
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ArticleWalmart delays Indian expansion
Company sources report the retailer will not apply for its first store license before March 2015
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ArticleSam’s Club to expand in China
Walmart’s membership-based retail arm to grow, as US retailer looks to ramp up Chinese operations
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ArticleIndia reviews foreign investment
Multi-brand retail sector could be set for a shake up, as commerce and industry ministry review foreign investment
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ArticleTesco goes online in China
Digital store to be set up in Shanghai, with further expansion into China’s electronic market expected in the future
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ArticleGiant to open 500 mini-stores
Expansion plans in the next five years intended to deliver the lowest possible price to consumers