Retail news from Asiafruit – Page 81
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Tesco eyes Xiamen stores
The UK-based retail chain plans to open its first supermarket in the southeast Chinese city of Xiamen towards the end of this year
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Tesco Lotus signs MoU to buy Thai produce
Tesco Lotus plans to buy 180,000 tonnes of Thai fruits and vegetables valued at Bt2.5bn in 2009, after signing an MoU with the Thai government
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Auchan delivers strong full-year results
Retail group has announced strong results for 2008 thanks in the main to the success of its ventures in eastern Europe and China
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Costco Australia ahead of schedule
The world’s largest warehouse club operator, Costco, is five months ahead of schedule for its first Australian store
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Pantaloon to spin off retail chains
India’s Pantaloon Retail will form a new corporate entity from its Food Bazaar and Big Bazaar chains
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Aldi set for A$1bn refurbishment
The discount retailer is set to upgrade 150 outlets across Australia and launch a new distribution centre
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Chinese retailers seek direct sourcing
Direct sourcing is in increasing trend for Chinese retailers, and this could raise competition with imports
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Woolworths eyes Vietnamese wares
Australian retail chain Woolworths is understood to be looking into securing direct import deals with Vietnamese produce suppliers
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Tesco to open Hexi supermarket
The UK-based retailer has signed a deal to open a new store in Hexi New City, Nanjing
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Korean apple yields return to normal
Production drops to normal levels this year following last year's bumper crop, as competition with other exotic fresh fruits increases
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NSW produce prices set to soar
New South Wales needs heavy rainfall within the next few weeks if an increase in fresh produce prices is to be avoided
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Zespri forecasts kiwi price squeeze
The group is looking to maintain high sales by shipping fruit to market earlier than the previous season
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Carrefour trains Indian farmers
Carrefour has begun a training programme for Indian farmers as part of a corporate social responsibility drive
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Woolworths Australia bucks trend
Australian retailer Woolworths reports solid profit growth, job increases and store expansion despite tough economy
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Citrus Australia runs summit with Woolworths
New peak body Citrus Australia has teamed up with retailer Woolworths to work on the upcoming citrus season
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Punjab signs MoU with Metro Cash and Carry India
The Punjab government has signed an MoU with Metro Cash and Carry India, according to indopia.in
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David Maddox to lead Indian project
The industry veteran will head up Capespan's joint pilot project in the Indian market
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Wumart confident despite mounting challenges
The economic slowdown and mounting competition from foreign retailers does not worry the chairman of Chinese retailer Wumart, according to just-food.com
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Banana prices jump amid flooding
Western Australian banana prices have soared by up to A$3 per kg on January prices as suppliers struggle to move fruit
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Perishable centre to boost agro exports
A new air cargo centre in Kerala is expected to significantly increase the state's agricultural exports