Retail news from Asiafruit – Page 26
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Spencer’s Retail set to expand
Kolkata-based retailer set to acquire premium grocery chain Nature’s Basket
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BigBasket expands to Kerala
Indian retailer now has presence in 26 cities across nation following expansion into coastal state
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Amazon, Alibaba leading retail brands
A new report found the two retail brands rank higher than big names like McDonald's, Nike or Louis Vuitton
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Carrefour China rumoured for sale
French retailer denies rumours its looking to offload its China operations as online shopping trend grows
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Eyes on India
It will take new strategies if South African citrus exporters want to make the most of the Indian market
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Honestbee CEO departs from firm
CEO and co-owner Joel Sng rumoured to have been let go ahead of official announcement of his resignation
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Honestbee in hot water
Singapore retailer on verge of collapse just months after concept store Habitat gains top 10 trending status on Google
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US$5.8bn for Chinese start-ups
New companies in the Asian giant’s agrifood sector saw 222 per cent year on year growth in funding
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India on the move
Supply chain investment and fast-evolving consumer demands are fuelling market development, heard delegates to Fresh Produce India
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Watermelon driving Korean-grown trend
Premium domestic Korean watermelons labelled with traceable barcodes as popularity of domestic produce grows
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New Zealand in the spotlight on Tmall
Country launches flagship store on Tmall Fresh putting produce at the fingertips of Chinese consumers
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Asian grocery up 6 per cent to 2023
Regions grocery market expected to hit US$4,264bn by 2023 with an annual growth rate of 6 per cent
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Indonesia tastes Australian grapes
Promotional tasting events held across Indonesia in line with increased volumes due to new varieties
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WAC announces trade promo spend
US$8.4m fund allocated to the Washington Apple Commission to relieve tariff loss and increased yields
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Thai produce packaging goes viral
Fresh produce packaged in banana leaves at Rimping supermarket, Thailand gains widespread attention
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Digitising China’s wet markets
Alibaba-owned digital platform Ele.me allows local wet markets to easily reach convenience-led consumers
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Tmall moves to boost China imports
Two new initiatives introduced creating simple, low-risk pathways for international brands to enter China
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Agritech investing reaches US$17bn
Global investment in food tech and agritech has been the highest in 2018 according to a report by AgFunder
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Sales strategies in year of the pig
Grocery analyst, IGD Asia shares key takeaways following the strong Lunar New Year sales period
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Emart and Shinsegae integrate
Korean retail group opens new concept store SSG Food Market and merges e-commerce platforms