Retail news from Asiafruit – Page 79
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Carrefour-Future Indian tie-up possible
A meeting between Carrefour and Future Group CEOs could herald an Indian joint venture between the retailers
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Lianhua to buy Hualian Supermarkets
China’s Lianhua Supermarkets will buy rival Hualian Supermarkets following a boardroom vote
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Seven & I cuts profit outlook
Japan's largest retailer said that full-year profit will be hit by weaker consumer spending and a cooler summer
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Full-year profit growth at Woolworths
Australia's largest supermarket chain has defied the economic crisis with a good set of results for 2008/09
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Tesco sends Thai longan to China
Tesco’s plans to boost the Thai export sector are taking shape as 200 tonnes of longan sail for Chinese retail shelves
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New hypermarkets bound for Pakistan
Pakistan will see at least seven new hypermarkets over the next five years, according to plans by the Majid Al Futtaim Group
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CA and Coles in citrus drive
Citrus Australia is teaming with Coles to promote this season's citrus offering in the country
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Sales climb at Woolworths
The Australian retailer has benefited from strong food and drink sales during the fourth quarter of the year
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Aldi to roll out TV campaign
The discount retailer is set to air weekly advertisements on Australia's commercial free-to-air channels
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Mahindra aims for agribusiness growth
The agricultural arm of the Indian group is aiming to increase the value and volumes of its fresh produce operations
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Aeon's Q1 results tumble in Japan
Japan's second-largest retailer has announced that profit slumped 62 per cent during the first quarter of the year
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Profit slumps at Seven & I
The Japanese retailer has reported that first quarter sales were hit by the recessionary environment
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Aeon targets discount network growth
The Japanese retailer is to open 10 new discount stores each year and convert struggling supermarkets
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Wal-Mart eyes Chinese convenience market
The US retailer could launch 100 new convenience stores in the country this year, according to reports
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Coles cuts loose smaller stores
Australian supermarket chain Coles will sell 45 of its smaller outlets to independent competitor FoodWorks
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Spar extends reach in China
The retailer is set for further expansion in China following its tie-up with a local department store chain in Hunan Province
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Tasmanian apples bound for Japan
Japanese retailers Aeon AIC and Max Valu have ordered four containers of Tasmanian apples to feature in an Australian food promotion next month
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Star Farm in spotlight at Asiafruit Congress
Delegates to this year's Asiafruit Congress will receive a unique insight into Metro Cash & Carry’s venture for sourcing from Chinese farmers
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Discounters shine in retail rankings
Planet Retail has released its report on the top 20 grocery retailers of 2008, with Wal-Mart leading the way and discounters enjoying a strong showing
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Tesco Malaysia rolls back prices
Tesco Malaysia is cutting back the price of 300 grocery lines as part of a scheme to reduce prices for customers