Retail news from Asiafruit – Page 76
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Japan focused on fruit prices
Japanese fresh produce consumers are becoming increasingly focused on price as their economic malaise continues
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Bharti Wal-Mart to add new stores
Bharti Wal-Mart plans to open five new ‘Easyday’ wholesale outlets across India in the next financial year
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Wal-Mart targets Asia online
US retailer Wal-Mart is putting systems in place to launch e-commerce operations in China and Japan
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Tesco products hit India
The giant UK retailer’s products are being sold in India through a deal with the Tata Group’s retail arm Trent
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Aeon’s operating profit up
Japanese retailer Aeon Co Ltd is expected to announce an operating profit of US$1.4bn for the twelve months to February
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Future Group to unveil new format
India’s Future Goup will soon unveil its new brand of stores, after its purchase of Shoprite Holdings’ lone Indian outlet
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Major reorganisation at Metro Group
Retailer plans to integrate management at Metro AG and Metro Cash & Carry, with the latter driving growth in new markets
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Spar opens flagship hypermarket
Dutch company Spar has unveiled its new hypermarket in the Indian city of Bangalore, with plans for more to come
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Tough 12 months for Metro Group
German retailer reports on its full-year results, with group revenue down 4 per cent and net income falling 7 per cent
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Metro invests in Vietnam
The German retailer Metro AG has invested over €1m to improve Vietnam’s fresh produce supply chain since 2002
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Carrefour continues Asian growth
Despite slowing sales at home, the retailer’s Asian business continued to flourish last year and hopes are high for further growth
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Spar plans Indian expansion
Dutch retailer Spar has announced it plans to open 25 new stores in India by 2012 in partnership with Max Hypermarkets
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Aditya Birla focuses on hypermarkets
Aditya Birla Retail is reenergising its hypermarket format, while putting its struggling supermarkets on the backburner
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Indonesian watchdog appeals Carrefour ruling
Indonesia’s competition watchdog has appealed against the decision to let Carrefour keep its Alfa Retailindo stake
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Indian retail controls under pressure
Rising food costs are putting pressure on the Indian government to open up the country’s retail sector
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AUSVEG raises ethical conerns
Australia’s peak vegetable industry body is concerned by the ethical disparity shown by major retailers regarding imports
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Woolworths sees good H1 results
Australian supermarket chain Woolworths has announced an 11.4 per cent rise in first half profit
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Future Group plans expansion
India’s Future Group, operator of the Big Bazaar and Food Bazaar outlets, is planning to expand over the next year
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Future Group looks to fresh produce
Nothing stands still in one of the world’s fastest-growing economies, and India’s Future Group is making some big moves
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Carrefour to enter Indian fray
The French retail giant has announced it plans to enter the Indian retail sector and has been discussing joint venture options