Retail news from Asiafruit – Page 85
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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
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Aeon mulls Malaysian expansion
New store openings in Malaysia are part of Aeon’s mid-term plan, reports Planet Retail
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Metro to review Bengal plans
Metro Cash & Carry is reviewing its plans for Bengal after failing to obtain a licence to sell agricultural produce
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Spinach owner mulls new formats
The owner of Indian grocery chain Spinach is considering rolling out new retail formats, according to Planet Retail
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ArticleGrowth markets in the spotlight at AFC
The potential of Vietnam and India's fresh produce markets were highlighted during the second session of the Asiafruit Congress
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Chinese HQ change for Carrefour
The French retailer is moving its head offices from X'ian to Zhengzhou in Henan Province
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ArticleSourcing focus key to retail progression
The first session on Day One of the Asiafruit Congress saw a focus on future trends in Asia’s fresh produce market
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ArticleTraditional retailers rebuff big chains
Big retail chains in India are reassessing their market approach as traditional retailers continue to dominate market share
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Pakistani fruit prices rise for Ramadan
Fruit prices have surged in Pakistani markets as Ramadan drives up demand
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ArticleWal-Mart grows Asian presence
Wal-Mart is considering expansion into Southeast Asia and confirming its stakes in China and Japan
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Marubeni to invest in Aeon
Japanese retailer Aeon Co. has announced Marubeni Corp will invest in two of their units
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Coles is cheapeast grocery retailer in Aus
A study has found that Coles remains the cheapest on an average basket of groceries, with Woolworths closing the gap
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ArticleBharti takes it slow
Bharti Retail is taking a slow and steady approach to its retail outlet rollout in India
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ArticleVietnam retailers face foreign competition
Vietnamese retailers and distributors are considering moves to compete with incoming foreign retail giants
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Tai Na signs distribution deal with Qunfeng
Tai Na International has signed a strategic alliance with Qunfeng Fruit Chain Management
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Reliance denies job cuts
Indian retail giant Reliance has refuted reports that it plans to cut some 3,000 jobs as part of a company-wide reorganisation strategy
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ArticleWoolworths plots expansion after profit rise
Australia’s number one retail chain, Woolworths, has reiterated its aim to expand at home and abroad on the back of a healthy annual profits rise and an upbeat financial outlook
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Profit up, shares down for Wesfarmers
The Australian group has reported a significant net profit increase of 34 per cent for the full-year period
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Net profit rise for Big C
The Thai retailer has reported improved results, although they have fallen below analysts expectations
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Tesco makes its move into India
The UK-based retailer has announced that it will launch in India by the end of 2009