Retail news from Asiafruit – Page 59
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First arrival of Australian grapes in China
Following six years of struggle, Australian table grapes have finally landed on Chinese soil
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Major glitch in Tesco’s India entry
UK-based retailer Tesco’s foray in to the Indian retail sector has experienced a major setback following opposition from local traders
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Dairy Farm posts sales increases
Pan-Asia retailer Dairy Farm has recorded increased sales and profits in Malaysia and Indonesia so far this year
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Tesco moves focus overseas
UK grocery retailer aims for “outstanding” performance in 14 countries where it operates outside domestic market
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Japanese spend less on fruit
Statistics from March show a slump in the average household’s fresh fruit consumption
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Profits up for Thai wholesaler
Thai wholesaler Siam Makro has seen a 45 per cent increase in profitability in the first quarter of 2011
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Avocado training programme pays dividends
A TV appearance has crowned an increased Asian buyer training programme for Australia’s Avocado Export Company this year
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Mango debuts on home shopping channel
An Indian company has started selling mangoes through its home shopping television channel
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Sales flat but earnings rise at Metro
German retailer says that earnings jump despite late Easter is a testament to its 'strengthened earning power'
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Growers in China leave produce to rot
A number of factors have led to a significant slump in returns for vegetable growers in China in the last month
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China works to control vegetable prices
Falling vegetable prices in China have prompted the government to take measures to protect the profitability of farming operations there
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Exchange rates pressure Vietnamese imports
The increased purchasing power of Vietnamese consumers may help importers of premium produce overcome an unfavourable exchange rate
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Metro plans Indonesian entry
Metro Group plans to open 20 Cash & Carry stores in the growing Indonesian market, starting in 2012
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Quake slashes Japanese retailer profits
Leading Japanese retailer Seven & I says its FY2011 profits will be cut by billions due to the effects of the March 11 earthquake and tsunami
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Carrefour appoints new chief for Malaysia and Singapore
New appointment to take over the reins at Carrefour Malaysia and Singapore
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Japan to label produce origin
Japan will label domestically produced fresh produce with its point of origin to help protect sales both at home and abroad
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Woolworths appoints new chief
Australian retail group Woolworths has appointed Grant O'Brien as its new chief executive, much to the surprise of the investment community
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Contaminated cabbages discovered in Singapore
Readings taken from some cabbages imported to Singapore from Japan have shown radiation levels up to nine times the level recommended for international trade
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Carrefour Malaysia chief to spearhead expansion
Carrefour has signalled its plans for expansion in Malaysia with the appointment of a new head of its Malaysia, Singapore operations
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Florida citrus to increase Korean promotions
The US citrus industry will work to boost awareness of its grapefruit in Korea this season after significant sales growth was recorded last year