Retail news from Asiafruit – Page 74
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Aeon to integrate supermarkets
Japan’s Aeon it set to fold its three Japanese supermarket arms into one in order to save on administration and staffing costs
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Carrefour sues Chinese supermarket
Carrefour, the French retail giant, is suing Chinese supermarket chain Jiale for using the Carrefour name and logo on its stores and products
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Japanese firm buys NZ Cedenco
Japanese food distributor Imanaka has bought New Zealand fruit and vegetable processor Cedenco
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Minister says Carrefour plans Malaysian sale
Carrefour wants to sell its Malaysian operations to focus on the growing Indian market, according to a Malaysian minister
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Ghost Festival boosts Taiwan fruit prices
Taiwanese fruit sales and average prices have risen in response to yesterday’s Ghost Festival
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Thai energy firm eyes Carrefour Thai assets
Thailand's biggest energy company PTT has said it is interested in bidding on Carrefour's Thai assets
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QKL unveils strong Q2 results
Leading Northeast China supermarket chain QKL Stores is pressing ahead with expansion plans on the back of strong Q2 financial results
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Asian retail sales show continued growth
Retail sales continue to rise in several Asian countries, with notable growth reported in China, Vietnam and New Zealand
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Bharti Wal-Mart opens wholesale outlet
Bharti Wal-Mart opened its third wholesale cash-and-carry outlet in Punjab last Wednesday and hopes to open a further 10-15
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Open India would lead to price drop
An Indian research firm has said allowing foreign investment in the country’s retail sector would lead to lower prices for fresh produce
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FAMA plans new fruit stalls
FAMA aims to set up 100 new fresh fruit stalls in Malaysia as part of plans to boost consumption in the country
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Carrefour to stay in South East Asia
The French retail giant Carrefour has publicly refuted reports it plans to sell its assets in Thailand, Malaysia and Singapore
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Cost cuts help Aeon bounce back
The Japanese retail chain Aeon has announced a net profit for the quarter ended May on the back of a cost cutting campaign
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India debates foreign retail laws
The country’s trade ministry has asked for stakeholder opinions on the matter of foreign direct investment in India’s retail sector
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Tesco technical manager heads to Shanghai
Johnathan Sutton has moved to Tesco’s international sourcing operation in Shanghai to expand the group’s procurement of produce from Asia
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FPG buys Produce One
Australian produce marketer Fresh Produce Group has boosted its domestic business with the purchase of Produce One from CostaExchange
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Malaysian retail buyer eyes gap in market
Retna Malar has resigned as category manager for fruit and vegetables at Malaysian supermarket group GCH Retail to set up her own marketing company
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Future Group plans more Big Bazaars
Indian conglomerate Future Group plans to roll out around 60 new Big Bazaar hypermarkets over the next 18 months
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Reliance retail enjoys better fiscal year
Indian retailer Reliance has announced improved figures for the 2009/10 financial year, and plans further growth
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Progressive to open five more NZ stores
Supermarket operator Progressive Enterprises has unveiled plans to open five new Countdown stores in New Zealand’s North Island