Retail news from Asiafruit – Page 84
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Woolworths picks new division head
Australian retailer Woolworths has recruited a new head for its food, liquor and petrol divisions amidst a management shuffle
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Spar enters Indian retail market
International food retailer Spar has entered the Indian market in a partnership with Max Hypermarkets
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Walmart targets smaller Chinese cities
Walmart is focusing its expansion in China on smaller cities, following growth of the middle class
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Carrefour India strikes out with MGF
Carrefour is having difficulty finding a local partner for its Indian expansion plans as talks with MGF fall through
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Delhaize outlines corporate responsibility
The Belgium-based retailer has outlined its commitment to 'product, people and planet'
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Saudi Arabia focus at Middle East Congress
Expert speakers will focus on the country's growing retail network at the event, which takes place in Dubai on 17-19 November
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New conditional Indian licence for Metro
German retailer Metro has been given a new licence to operate in the Indian state of West Bengal, but with conditions
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NZ’s Warehouse up for grabs
One of New Zealand’s largest retailers, The Warehouse Group, is up for grabs and likely to be the subject of a bidding war
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Aeon quarterly profit falls
Japanese retailer Aeon Co has reported its sixth successive quarterly profit decline as consumer confidence takes a dive
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Bharti retail follows tortoise mantra
Newcomer to the Indian retail market Bharti Enterprises Ltd will take a slow and steady approach while opening its supermarket chain
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Woolworths considers future expansion
Australia’s largest supermarket chain, Woolworths, has said it is considering growth despite the global economic downturn
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"Good progress" for Tesco in first half
The UK retailer has seen increases in year-on-year profit and sales during the first half of 2008/09
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Wal-Mart to close 20 Japanese stores
Wal-Mart’s Japanese subsidiary Seiyu Ltd is set to close 20 stores in a struggle to turn profits around
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Typhoon pushes Taiwan food prices
Taiwan has been battered by the third typhoon in recent weeks, damaging agriculture and driving food prices up
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Wal-Mart to open first India store in 2009
Wal-Mart's first cash-and-carry centre in India will open in 2009, according to press reports
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Milk scandal dents Chinese food sales abroad
In Thailand, retailers are cutting back on a range of Chinese foodstuffs after China’s tainted baby milk scandal shocks consumers worldwide
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Indian market tipped for US$450bn by 2015
India’s retail market is predicted to be worth US$450bn by 2015, according to a new report
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Banana boom in Japan
Banana sales in Japan have leapt upwards, following a steady rise in response to diet claims about the fruit
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M&S sets date for Chinese launch
The UK retailer will open its first store in the country on 2 October, it has been revealed
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Tesco given nod for Korean acquisition
Korea’s Fair Trade Commission has granted conditional approval for Tesco’s takeover of South Korean discount chain, Homever