Retail news from Asiafruit – Page 50
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ArticleUphill battle for Indian FDI bill
India’s FDI bill is facing an uphill battle in the country’s parliament as the opposition rallies against it
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ArticleChina encouraging direct retail sourcing
The Chinese government is aiming to strengthen links between farmers and retailers to help the production sector develop
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ArticleTesco delivers mixed quarterly report
While overall group sales climb, UK like-for-like sales slip back by 0.6 per cent on the same period of 2011
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ArticleIndia to vote on new FDI reforms
Vote in Indian parliament could see contentious legislation allowing foreign direct investment in multi-brand retail repealed
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ArticleBharti Walmart suspends CFO
Global retail giant Walmart has suspended key staff at its Indian joint venture while it investigates bribery claims
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ArticleCarrefour denies China Resources talks
Carrefour has contradicted further rumours of a partnership in the Chinese retail market with government-owned China Resources
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ArticleCape unrest masks complex reality
New report into South African fresh produce supply chain finds broader understanding necessary to solve current crisis
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Philippine growers adjust to changing market dynamics
Vegetable growers in the Philippines plan closer ties to take advantage of emerging export opportunities
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ArticleCarrefour pulls out of Indonesia
Carrefour, the world’s second largest retailer, is pulling out of Indonesia as it redirects investment to its main markets in Western Europe
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ArticleRetailers remain coy on India
Some international retailers remain cautious about entering the Indian market despite the huge potential it offers
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ArticleAeon buys out Carrefour in Malaysia
The world’s second largest retailer Carrefour has pulled out of Malaysia finalising the sale of its operations there to Aeon yesterday
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ArticleEBIT and net income down at Metro
Despite overall growth in its third-quarter sales, Germany's largest retailer reports on lower year-on-year earnings and profit
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ArticleFamily Mart enters Indonesia
Family Mart has opened its first store in Indonesia as the popularity of small-footprint convenience stores continues to grow in the country
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ArticleWalmart committed to expansion in China
Despite challenging conditions, US retailer Walmart has announced plans to open 100 stores in the country over the next three years
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ArticleAeon to buy Carrefour Malaysia
Japanese retailer Aeon is complete a deal next week to buy French Carrefour's Malaysian business as part of its South East Asian expansion
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ArticleANI cancels supermarket supply deal
Better returns from wet market sees Philippine fresh produce supplier ANI cancel supply deal with major supermarket operator
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Chevalier closes in on Moraitis stake
Hong Kong-based conglomerate on verge of buying a significant stake in leading Australian fresh producer wholesaler
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ArticleAeon announces Q2 profit drop
Japanese retailer Aeon has announced a Q2 profit drop as a result of lower sales in its supermarkets and convenience stores
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ArticleWalmart outlines India plan
US retail giant Walmart could have its first stores up and running in India within the next 18 months
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ArticleKorean restrictions squeeze Tesco results
New South Korean retail restrictions have put pressure on Tesco’s results in the market, contributing to its profit decline