Retail news from Asiafruit – Page 77
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Metro invests in China
The German retail group Metro has opened its first new Asian store for 2010, and has become the world’s third largest retailer
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Carrefour wins Indonesian appeal
The French retail chain has won its appeal in an Indonesian court over the November ruling that it violated antitrust laws
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Organic India to open six new stores
Organic India is planning to open six new stores by the end of March and plans to begin exporting its organic fruit
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Woolworths invest in food’s future
The Australian supermarket chain has announced a A$3.25m investment in sustainable agriculture and industry leadership
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China to leapfrog US grocery market
A new report by industry expert IGD has forecast a change at the top of the international grocery market rankings over the next four years
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Costco plans Taiwan expansion
Costco has announced plans for a major investment and expansion in the Taiwanese market
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Bharti Retail hits 59 stores
Bharti Retail’s first phase has yielded 59 stores in northern India, down from its goal but still “on track”
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Subhiksha to reopen as franchise
Collapsed Indian supermarket chain Subhiksha looks likely to reopen stores under franchise agreements
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Malaysian retail giant opens DCs
GCH Retail, which operates the Giant hypermarket and Cold Storage supermarket chains in Malaysia, is investing heavily in new high-tech distribution centres
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Chinese food spending growth high
Chinese spending on food is increasing an average of 17 per cent a year, according to a new USDA report
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Profits up for Indian retailer
India’s largest retail group Pantaloon has recorded an increase in profits for the quarter ending 31 December
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Woolworths' sales on the rise
Australian retailer announces second-quarter sales improvement of 4.1 per cent
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Tesco to open Indian wholesale outlet
UK retailer Tesco is looking to add to its Indian interests by opening its first wholesale cash and carry outlet in the country
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Australia considers grocery ombudsman
The Australian horticulture industry is considering the possibility of a grocery ombudsman
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Bharti Wal-Mart opens Punjab hub
Bharti Wal-Mart has opened a new agricultural centre in Punjab to improve its supply chain and help local farmers
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Carrefour plans Indian franchises
French retail chain Carrefour is negotiating a deal with India’s Future Group that would see them open franchise stores in the country
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Bharti Wal-Mart trademarks refused
The joint venture company Bharti Wal-Mart is facing problems in India regarding the trademarking of its GV brand
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Carrefour on target but cautious
The giant French retail chain Carrefour has met expectations for its fourth-quarter sales but is urging caution in 2010
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Aldi sues Australian rival
The Australian branch of German giant Aldi is suing rival supermarket chain Coles over alleged misleading advertisements
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Namdhari’s Fresh intros new apples
India’s Namdhari’s Fresh has introduced Washington Honeycrisp and Cripps Pink to its retail shelves