Retail news from Asiafruit – Page 56
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Metro appoints new chief executive
German retailer turns to chief financial officer Olaf Koch to replace outgoing CEO Eckhard Cordes
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Walmart plans Japanese expansion
Walmart plans increase to Japanese footprint, encouraged by success of its supermarkets there
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Japan's Aeon to expand in Vietnam
Japanese retailer Aeon is planning to build seven shopping centres in Vietnam, according to a local press report
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Carrefour rumoured to open new outlets in India
Carrefour is finalising lease deals across 10 to 12 sites in India to open cash-and-carry outlets, according to industry sources
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Metro enjoys earnings growth
German retailer sees EBIT before special items climb despite a fall in yearly sales of 0.6 per cent
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Woolworths announces expansion plans
Major Australian retailer Woolworths fires shot across the bow of rival Coles with the announcement of aggressive expansion plans
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Wal-Mart reopens Chongqing stores
The world’s largest retailer reopened its stores in the Chinese city of Chongqing after they were shut down for food standards violations
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Big C looks to boost capital
Thai retailer Big C seeks huge capital injection to fund expansion through issuance of shares
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Thai flooding forces retail closures
Fresh produce sales face setbacks as flooding forces closure of some retail outlets in Thai capital of Bangkok
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Delhaize eyes Indonesia
Belgian retailer Delhaize plans expansion in world’s fourth most populous nation
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Bharti Walmart links up with farmers
Wholesale chain holds workshop with growers in Maharashtra as part of plan to train some 35,000 Indian farmers over next five years
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Aeon posts profit increase
Following the catastrophic events of 11 March, Japanese retailer Aeon has recorded a significant growth in profits
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Aldi plans Australian expansion
Aldi is reinvesting nearly A$200m into its Australian operations and expanding its store numbers
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Walmart reshuffle results in new UK head
David Cheesewright has been named president and chief executive of a new regional management team
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Wet market lessons for Tesco Lotus
Retailer Tesco Lotus is studying Thailand’s wet markets as part of a plan to duplicate their consumer appeal
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Small-town focus for Aditya Birla
Aditya Birla will focus its growth on smaller towns and rural areas, according to the company’s FMCG head
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SPAR opens new doors
SPAR has opened new stores and facilities in both India and Australia this month as it steadily grows its presence in the Asia-Pacific
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Tesco promotes Thai fresh produce
Tesco aims to double its exports of Thai produce over the next five years to its network of stores throughout the globe
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Bharti Walmart reaches southern India
Bharti Walmart is continuing its expansion in India with the opening of another outlet under its Best Price Modern Wholesale banner
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Branding value under the microscope
Finding the value in fresh produce branding and packaging was a hot topic of discussion during day two of Asiafruit Congress