Retail news from Asiafruit – Page 69
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Produce prices pressure Chinese CPI
A 34.8 per cent rise in fruit prices has helped push up China’s consumer price index over February
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Carrefour’s China strife
The French retailer’s public image has been further tarnished in China after security guards assault a customer
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Metro to move on India
German retailer Metro has signalled it will join the race to corner India’s burgeoning cash and carry sector with plans to open 50 wholesale outlets in the country
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Walmart courts Matahari
Walmart could expand its presence in the Asian retail market if it is successful in forming a joint venture with Indonesian hypermarket operator Matahari
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Indian strawberry exports uncertain
Strawberries are the latest Indian crop to experience a price spike because of post monsoonal rains, which could affect exports of the fruit into Europe and the Middle East
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Banana shortage opens Australian opportunities
Australian banana shortages caused by Tropical Cyclone Yasi could open the market for Philippine exporters
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Banana price spikes in India
A domestic banana shortage in India is causing prices of the fruit to spike at markets in Delhi, contributing to soaring food inflation in the country
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Seiyu extends online service
Japanese supermarket Seiyu plans to increase its online grocery sales by 20-fold on current levels in the next five years
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India calls for retailer patience on FDI
India's commerce minister has appealed to global retail chains not to rush India's decision on foreign direct investment (FDI)
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Australian produce retailers draw fire
Australia’s supermarket chains have been called out on fresh fruit and vegetable labelling and price rises
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China issues fines to Carrefour and Walmart
Chinese authorities have issued fines for what they claim to be dishonest pricing by international retailers Carrefour and Walmart
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South Korea focus for NZ squash promotion
The New Zealand Buttercup Squash Council will launch a campaign to promote squash to consumers in South Korea this year
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Vietnam’s allure to foreign retailers slips
Vietnam has slipped from first to 14th place on a retail business index ranking the attractiveness of global retail markets
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India moves to limit food inflation
Soaring food inflation has prompted the Indian finance minister to suggest steps to bridge the gap between farmgate and retail prices
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Chinese apples hit Australian market
Australia’s apple industry is keeping a close eye on the Chinese apples hitting the country’s market for the first time this week
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Malaysian mandarin sales sluggish
Mandarin sales in Malaysian wholesalers are continuing a downward trend this year as the country gears up for Chinese New Year celebrations
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Major growth predicted for Indian cash and carry
With healthy sales in India’s modern retail sector last year, predictions are that 2011 will see a boom in the development of new cash-and-carry outlets
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Tesco eyes Vietnam
Tesco may look to expand into Vietnam as the country’s economy continues to boom
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Deadline approaching for Asia Fruit Logistica
The deadline for exhibitors wishing to book a stand at this year’s Asia Fruit Logistica is fast approaching
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India grapples food inflation
The Indian government is struggling to rein in food inflation without dampening economic growth, which is poised to surpass nine per cent, this fiscal year