Retail news from Asiafruit – Page 36
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Cofco inks deal with Aussie research centre
Monash University has announced an agreement with China’s leading food company Cofco to boost Australian exports to China
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Walmart ups stake in JD.com
US-headquartered retailer Walmart has almost doubled its share in China’s JD.com
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Central FamilyMart flags expansion plans
Retailer aims to double number of Thai convenience stores by 2021
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City Mart expands in Myanmar
Myanmar retailer City Mart Holding has opened its fourth store in Yangon
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Aeon opens Myanmar store
New venture aims to “contribute to the modernisation” of Myanmar’sretail industry
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Mahindra Univeg invests in MeraKisan
Online platform set to extend its reach in India thanks to minority shareholding
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Future Group India buys Sangam Direct
Indian retail giant Future Group has add another 30 stores to its network after purchasing Sangam Direct from Wadhawan Retail
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E-mart to invest US$200m in Vietnam
Korean retailer E-mart has sign a deal with Ho Chi Ming City to invest in supermarkets, commercial facilitates and ‘social development’ facilities
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Mission and Lantao team with JD.com
Lantao International and Mission Produce have announced an agreement with Chinese e-tailer JD.com to sell fresh avocados online
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HappyFresh exits new markets
Indonesia-based online grocery service HappyFresh is quitting the Philippines and Taiwan to focus on core markets
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Retailers adapting to silver consumers
The growing population of senior consumers is driving changes from smaller retail store formats to home delivery services
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Woolworths posts A$1.235bn loss
Leading Australia retailer Woolworths has announced significant losses after a year of “unprecedented change”
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Pagoda opens first store in Taiwan
Chinese greengrocer Pagoda has expanded outside of mainland China, opening a store in Taiwan
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Aeon to open in Myanmar
Japanese retailer Aeon has acquired 14 Hypermarket Asia supermarkets in Myanmar
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Alibaba to open Australian office
Leading Chinese e-tailer Alibaba has announced it will open an office in Melbourne, Australia
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Tesco Lotus forecasts online growth
Retailer aims to double online sales and order numbers in Thai market over next five years
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Stahmann Farms goes online in China
Australian nut producer launches ecommerce shop to build its brand in China
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Alibaba launches IP Joint-Force System
Leading Chinese e-tailer Alibaba has announced an online platform to fight counterfeit brands
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FairPrice launches budget banner
Singapore retailer NTUC FairPrice has launched a new banner and format called FairPrice Shop
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LuLu opens Malaysian hypermarket
Group plans to expand network to 10 stores by 2021, with focus on sourcing local produce