Retail news from Asiafruit – Page 80
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Milk scandal dents Chinese food sales abroad
In Thailand, retailers are cutting back on a range of Chinese foodstuffs after China’s tainted baby milk scandal shocks consumers worldwide
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Indian market tipped for US$450bn by 2015
India’s retail market is predicted to be worth US$450bn by 2015, according to a new report
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Banana boom in Japan
Banana sales in Japan have leapt upwards, following a steady rise in response to diet claims about the fruit
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M&S sets date for Chinese launch
The UK retailer will open its first store in the country on 2 October, it has been revealed
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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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Growth 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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Sourcing 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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Traditional 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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Wal-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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Bharti takes it slow
Bharti Retail is taking a slow and steady approach to its retail outlet rollout in India
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Vietnam 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