Retail news from Asiafruit – Page 55
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ArticleTurbulent times for Korean produce prices
A recent cold snap has pushed up the cost of fresh produce in South Korea this month after prices fell in January
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ArticleGreg Foran to head Walmart China
Ex-Woolworths supermarket head Greg Foran will step up as CEO of Walmart China from the beginning of next month
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ArticleVietnamese dragon fruit to enter US mainstream
A Vietnamese dragon fruit supplier has inked a direct supply deal with two US supermarkets
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ArticleColes slashes fresh produce prices
Australian supermarket Coles has launched its latest round of price cuts, this time on fruits and vegetables
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ArticleCarrefour board chooses new CEO
Olofsson's decision to step down as CEO of French retailer Carrefour in June paves the way for Georges Plassat
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ArticleUnifrutti links with Philippine grower
Unifrutti to market bananas from 216m pesos development by Anflo Banana Group
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ArticleMetro suffers Christmas sales slump
German retailer sees yearly fourth-quarter sales drop 1.3 per cent following disappointing Christmas trading
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ArticleCasino sees 'strong growth' in Q4
Sales climb 14.5 per cent in the fourth quarter, driven by improved results in Latin America and Asia
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ArticleIndia lifts restrictions on FDI in single brand retail
While liberalisation of foreign investment in the country’s supermarket sector is on hold, India has removed restrictions on FDI in single-brand retail
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ArticleColes trials new format
Australia’s Coles Supermarkets has opened a pilot store to test a new convenience store format in Melbourne
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ArticleChina drops VAT on vegetable distribution
China has removed a value-added tax on vegetable distribution in an effort to rein in increasing food costs
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ArticleIndian trader leaves trail of debt in UAE
Fresh produce traders in the UAE say the industry needs tighter controls after businessman absconds owing ‘millions’
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ArticleTesco opens zero carbon store in Thailand
Retailer Tesco Lotus has opened its first zero carbon store in Thailand, the first of its kind in Asia
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ArticleTesco names new Asia head
UK retail giant Tesco has named Trevor Masters as the new head of its Asian business
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ArticleIndian government stalls on FDI
Strong opposition to the Indian government’s plan to liberalise foreign investment in its US$450bn retail sector has seen it shelved for the time being.
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Indian retailers close in FDI protest
Protests continue following government moves to ease restrictions on foreign investment in the country’s multi-brand retail sector
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Delhaize plots major expansion
Retailer plans to open 450 new stores across its newer, high-growth operations over the next three years
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ArticleIndian farmers welcome FDI liberalisation
Indian farmers are hopeful investment by foreign retailers can overhaul a supply chain creaking with inefficiencies
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ArticleIndian retail opportunity worth the wait
Arvind Singhal, chairman of Technopak Advisors, talks exclusively to Asiafruit about the opening of India’s retail market to foreign investment
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ArticleIndia opens to foreign direct investment
Indian government eases restrictions on foreign investment in its huge US$450m retail sector