Retail news from Asiafruit – Page 62
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Matahari plans east Indonesian expansion
Higher than average retail growth in Indonesia’s east has caught the attention of the country’s number two retailer Matahari
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First Zespri shipment on the water
Zespri’s first shipment of the 2012 season is now on its way to Japan
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Wholesale push for Bharti Walmart
Bharti Walmart to expand wholesale business while India’s government stalls on plans to open up multi-brand retail to foreign investment
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Malaysia to limit imported produce sales
In a bid to promote domestic production the Malaysian government plans to limit where imported fresh produce can be sold
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Top turnout for Fresh Produce India
A bumper crowd of 240 delegates from 19 different countries took part in India’s only international fresh produce conference this week
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Dairy farm moves into Cambodia
Dairy Farm Group is now active in 11 territories in Asia upon forming joint venture with Cambodian supermarket operator
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Reliance seeks expansion in India
With former top executives from Walmart China at the helm, Reliance Retail is pushing large format store development in India
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Lianhua to open 350 new outlets
Chinese supermarket chain Lianhua is to open 350 new retail outlets across China this year
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1800 fruit deliveries
Indian state agricultural marketing board launches phone-in home delivery service for fruit and vegetables
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Western companies under fire in China
Regulation breaches by two ‘Western’ companies have been highlighted on Chinese state television
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Thai stock exchange debut for Tesco
Investors scramble to obtain shares in Tesco Lotus’s Thai property fund
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Mixed yearly results for Auchan
Net profit up, underlying profits down and group sales vary in different regions, according to latest results report
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Prison for Irish garlic scammer
Begleys boss who labelled Chinese garlic as apples to avoid import duties jailed for six years
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Delhaize sees net profit tumble
Group reports on fourth quarter and full-year results, with Q4 net profit falling by 48 per cent on the previous year
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BayWa: T&G deal good for growers
Group chief executive says takeover of New Zealand company could strengthen commercial ties with German retailers
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Tesco Lotus IPO generates US$602m
Strong interest in Tesco Lotus IPO makes it the largest listing in the country since 2006
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Aeon invests in Vietnam
Aeon’s president and CEO has reiterated the retailer’s commitment to increasing its footprint in Vietnam
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Aeon appoints top-level management
Aeon announces new roles for its current president and vice president
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Woolworths eyes online sales growth
Australian retailer Woolworths targets A$1bn in sales within two years
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Walmart steps up online presence in China
US retailer Walmart to take controlling interest in Chinese e-commerce firm Yihaodian