Retail news from Asiafruit – Page 65
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India grapples food inflation
The Indian government is struggling to rein in food inflation without dampening economic growth, which is poised to surpass nine per cent, this fiscal year
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Supermarkets aid flood-hit Australian growers
As floodwaters continue to inundate vast tracts of eastern Australia, the fresh produce industry has moved into damage control mode
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Future Group tags Bengal expansion
Future Group is planning a major push into West Bengal with its Big Bazaar chain as part of a general expansion in east India
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Matahari seeks Hypermart investor
Indonesian retailer Matahari has decided to retain its Hypermart chain, and is now seeking a major foreign investor
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India to launch dedicated rail service
The Indian government plans to trial a dedicated horticultural rail transport system to help cut back on fresh produce spoilage
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Chinese apples to make historic landing
Australian consumers will for the first time be able to buy foreign-grown apples when shipments of the fruit begin to arrive from China in the coming weeks
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Big C begins Thai Carrefour takeover
Changes to the 42 Carrefour outlets in Thailand, recently acquired by French retailer Casino, will be mostly cosmetic as the company endeavors to retain Carrefour customers
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Tesco Malaysia promotes local produce abroad
Tesco plans to promote Malaysian products produced by small and medium-sized companies at its stores in China, South Korea and India
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Vietnam wary about imports increase
While Vietnam is importing an increasing amount of fresh produce, some in the industry believe more needs to be done to guarantee food safety and protect the interests of domestic growers
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Carrefour opens first Indian cash and carry
Carrefour has established a foothold in the Indian retail sector with the opening of its first cash and carry outlet amidst expectations the country could relax restrictions on foreign investment in multi-brand retail
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Indian FDI could collapse
The lobbying power of India’s small retailers’ associations may well sway the country's government away from allowing direct foreign investment in multi-brand retail outlets
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Carrefour opens new superstore in Xiamen
French retail giant Carrefour has opened a second store in the Chinese city of Xiamen, as it continues its expansion push into the country
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Rain fails to dampen stonefruit season
Australian stonefruit growers have reported harvesting is progressing well despite media reports that the rains affecting many other sectors have hampered production
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Walmart to close Russian office
Retailer remains interested in entering Russia, despite the lack of a "clear acquisition partner" in the short-term
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Price spike hits produce in UAE
fresh produce prices in the UAE have jumped with sources there blaming a supply shortage
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Chinese vegetable prices fall
The price of fresh vegetables in China has dropped significantly as the country’s ruling party takes measures to combat the rising rate of inflation there
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Challenges ahead for Australian stonefruit
A number of factors have conspired against the Australian stonefruit industry as it prepares to re-launch itself onto the Taiwanese market following five years of exile
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Chinese city imposes price caps
One Chinese city has capped prices on necessities to help ease the growing rate of inflation in the country
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Wal-Mart opens compact hypermarket in China
Wal-Mart is expanding its presence in China with the launch of a new compact hypermarket targeting low-income and rural customers
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Australian stonefruit deal gets underway
The Australian stonefruit season has been characterised by markedly different weather conditions in the country’s eastern and western growing regions