Retail news from Asiafruit – Page 50
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Walmart delays Indian expansion
Company sources report the retailer will not apply for its first store license before March 2015
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Sam’s Club to expand in China
Walmart’s membership-based retail arm to grow, as US retailer looks to ramp up Chinese operations
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India reviews foreign investment
Multi-brand retail sector could be set for a shake up, as commerce and industry ministry review foreign investment
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Tesco goes online in China
Digital store to be set up in Shanghai, with further expansion into China’s electronic market expected in the future
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Giant to open 500 mini-stores
Expansion plans in the next five years intended to deliver the lowest possible price to consumers
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Bangladesh imposes export restrictions
Ministry of Commerce bans exports of essential items to ensure their smooth supply during Ramadan
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Carrefour wins trademark battle
Madras high court prohibits other parties from appropriating the French multinational retailer's brand name
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CP All closer to Siam Makro acquisition
Shareholders heavily in favour of record breaking take over, with a deal likely to be done by third quarter of this year
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Carrefour announces China expansion plans
Retailer intends to move into 30 new Chinese cities in the next three years, extending its presence to nearly 100 cities
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China remains a focus for Metro
Retailer to increase Chinese operations with a focus on lower-tier cities, according to CEO
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Shifting Chinese consumer spending
With average household income quadrupling, consumers are opting for higher quality goods and services
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Bharti Walmart hires anti-corruption authority
Appointment of Ritika Ratti as senior director for anticorruption in India in midst of internal investigation
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Qatar identifies leading fresh produce suppliers
Gulf nation names the Philippines and India as largest suppliers of fruit and vegetables respectively
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Indian vegetable prices up
Reduced crop growth due to water shortages during the summer months causes fresh produce costs to rise
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Metro considering Japanese exit
Four markets identified for withdrawal as retail group looks to channel funds into home market
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Walmart invests in Chinese food safety
Mobile testing and new distribution center part of Rnb100m (US$16.3m) management programme
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Sam’s Club arrives in Hangzhou
China’s developing middle class behind membership-based retailer’s expansion, according to chief operations officer
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Valleyfresh sets up in Sydney
Major Australian fresh produce importer and distributor to open Sydney-based operation on 1 June
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Tesco announces China expansion plans
Retailer unveils intention to grow its southern China outlets to between 15 and 20 in the next five years
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Healthy outlook for Taiwan
Country’s leading convenience store chains set to expand their fresh-food lines to boost sales