Retail news from Asiafruit – Page 78
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ArticleMetro 'stable' despite economic downturn
Retailer reports on slight fall in overall group sales despite domestic growth in local currency terms
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ArticleAldi eyes New Zealand expansion
German retail giant Aldi is eyeing the chance to build upon its Australian growth by expanding into the New Zealand market
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ArticleTesco opens Qingdao shopping mall
UK retailer Tesco has unveiled the first of a planned 23 shopping malls in China, in a bid to gain ground on Carrefour and Wal-mart
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Carrefour expands in Asia
French retail giant Carrefour plans to open six to eight supermarkets in Singapore, and has introduced a Chinese bus service
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Carrefour to double stores in Malaysia
French retail giant Carrefour plans to double the number of its Malaysian outlets to 40 by 2012
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ArticleTesco to expand in China
The UK retail giant is set to open multiple hypermarkets in China through a series of joint ventures to develop shopping malls
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ArticleCarrefour appeals Indonesian ruling
The retailer has said that it will ask the District Court to cancel a ruling that said it had violated anti-monopoly laws
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ArticleIndonesia rules on Carrefour monopoly
Carrefour Indonesia has been hit with an anti-monopoly ruling and ordered to sell subsidiary Alfa Retailindo
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ArticleRetailers urged to boost food safety
A new report has called for greater food safety standards from Asian retailers, pointing out reputation and sales losses
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ArticleFresh produce prices fall in Australia
New figures have shown that the prices of fruit and vegetables tumbled during the third quarter of the year
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ArticleCarrefour engages apple growers
Retailer Carrefour is working with Indian apple growers to establish a direct-sourcing supply chain for its new operations in the country
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ArticleLotte puts up Times offer
Korean retailer Lotte has made a US$630m bid for Chinese hypermarket operator Times Ltd
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ArticleRT-Mart plans Auchan merger
RT-Mart and Auchan are negotiating a possible merger and considering an IPO in Hong Kong in 2010
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ArticleCarrefour to source Chongqing produce
Retailer Carrefour plans to increase its purchasing of local produce for its Chongqing supermarket outlets
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ArticleAeon suffers first-half profit drop
The Japanese group is hit by weak consumer spending at supermarket and department stores
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ArticleWalmart to expand in China and India
Walmart is putting China and India at the head of its growth plans, according to the retail giant’s chairman
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ArticleChina’s Jiangnan market bustles
Sales at China’s largest fruit and vegetable wholesale market grew last year, spurred on by the economic downturn
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ArticleAldi Australia enjoys profit boom
The discount retailer has recorded record yearly results for 2008, according to local newspaper reports
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New Asia CEO for Wal-Mart
Wal-Mart has appointed Scott Price as the new executive vice president, president and CEO of Wal-Mart Asia
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ArticleColes loses fresh produce chief
Peter Pokorny, the man appointed by Australian retailer Coles last year to help transform its fresh produce offer, has resigned