Retail news from Asiafruit – Page 75
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Lianhua announces profit and expansion
Chinese retail giant Lianhua has announced a healthy first quarter profit and big expansion plans
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Zespri launches kiwifruit in India
New Zealand kiwifruit marketer Zespri is launching a push into India with both its green and gold kiwifruit varieties
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Wal-Mart seeks US government backing
US retail chain Wal-Mart is seeking trade talks between the US and India in a bid to relax strict foreign investment laws
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Tesco Malaysia appoints new CEO
Tesco Malaysia has appointed Tjeerd Jegen, formerly of its Thai arm Tesco Lotus, as its new CEO
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Bharti aims to increase stores
Indian retailer Bharti Enterprises is aiming to almost double its number of stores in the country to 150
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Carrefour plants seed in India
The French chain Carrefour has announced its first ‘cash and carry’ venture in India, to be built this year in New Delhi
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Packaged vegetables attract premium
Pre-packed vegetables are commanding a significant premium over loose produce in Australian retailers, according to a new report
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Aditya Birla to expand this year
Indian retailer Aditya Birla is planning a big expansion this year, involving 10 new hypermarkets
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Indian restaurants set for growth
India’s restaurant sector is expected to grow at 5-6 per cent a year, with organised restaurants tripling market share by 2015
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Japanese fruit spending tracks stronger
Japanese fresh fruit consumption is beginning to look stronger according to newly released March figures
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Carrefour signs with Future Group
After years of searching, it has been reported the French retailer Carrefour has finally found its Indian partner
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Sales growth at Germany's Metro
Retailer 'back on profitable growth track' after strong first-quarter showing, particularly in international markets
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Tesco to open Indian outlet
British retailer Tesco is looking to Asia to fuel growth, and will open its first Indian outlet this year
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Carrefour sells Indonesian interests
French retailer Carrefour has agreed to sell 40 per cent of its Indonesian retail business to local company Trans Corp
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Costco to set up base in Sydney
Discount US retailer Costco has chosen the Sydney suburb of Auburn as the home for its Australian base
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Bharti-Walmart looks to expand
Bharti-Walmart has laid out plans to grow its presence in India, and has argued for direct foreign investment in retail
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Brazil boosts Groupe Casino sales
French retailer announces growth in first-quarter sales of 5.6 per cent, helped by a strong showing in the South American country
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Fresh-cut growth in India
India’s retailers have discovered the fresh-cut category has legs as working couples look to save time
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Lianhua supermarkets report solid growth
Chinese retailer Lianhua Supermarket Holdings has reported a jump in revenue and operating profit
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Costco booming in Asian markets
US discount retailer Costco is enjoying growth in Asian markets, and is targeting even further expansion in the region