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Carrefour now Taiwan’s largest hypermarket after buying over Tesco  
Carrefour becomes Taiwan's largest discount hypermart recently with 44 outlets after taking over British Tesco Plc's business operations in Taiwan.
Carrefour Taiwan General Manager Loic Dubois announced at a Carrefour outlet in Taoyuan, the merger of all Tesco's 6 outlets in Taiwan into Carrefour Taiwan.
At the same time, Tesco, the world's ...
 
Giant to expand to 3 largest provinces in Indonesia  
Giant is targeting to have 50 hypermarkets nationwide by expanding to 3 largest provinces in Indonesia namely Java, Sumatra and Kalimantan,
According to Benny A. Nappoe, Giant Indonesia National Sales & Promotion Manager, in addition to expansion in Java, Giant will also aim other regions based on the result of the feasibility ...
 
Big C supermarket to open in Hai Phong  
Big C supermarket chain will open a new store in the northern port city of Hai Phong in Vietnam.
The 2-storey supermarket will include 6,000sq.metre of retail space and offer more than 50,000 items for sale, making it the largest retail centre to-date in Hai Phong
Hai Phong, a highly populated dynamic city with ...
 
Caltex to have Tops Daily stores at its petrol stations  
Tops, one of Thailand's largest supermarket chains, is expanding its sales distribution network by setting up outlets at Caltex petrol stations.
The agreement with the major oil company, Chevron (Thailand) Ltd will make it the 2nd supermarket chain following Tesco Lotus, to tap the service-station channel. Tesco Lotus has more than 100 ...
 
7-Eleven to reshuffle business to compete with hypermarkets  
CP Seven Eleven Plc, operator of 7-Eleven convenience stores, is strategically reshuffling its business in a move to defend itself from aggressive moves by multinational hypermarkets into communities throughout Thailand.
“The expansion of Tesco Lotus Express into districts and villages has really affected our convenience store business and forced us to withdraw ...
 
Thailand wants foreign retailers to curb expansion  
Thailand threatens major retailers, mostly foreign-owned groups, with punitive measures if they do not suspend expansion plans in a row over their impact on smaller businesses.
In a meeting with retailers, which included giants such as Britain's Tesco and France's Carrefour, Deputy Commerce Minister Preecha Laohapongchana declined to specify what action the ...
 
Lianhua to open 500 new supermarkets in 2006  
Lianhua Supermarket Holdings is going to open more supermarkets in China in the 2nd half of 2006. With excess cash of Rmb 980 million (US$122.5 million), Lianhua is optimistic of expansion and funding its capital expenditure.
In the 1st half of the year, Lianhua opened 200 new supermarkets in China and reaped ...
 
HK-listed Wumart buys 50% of Jiangsu Times Supermarket  
Wumart Stores Inc has entered into an agreement to buy 50% of Jiangsu Times Supermarket Co Ltd, one of the leading superstore retailers in the eastern region of China, for HK$1.14 billion (US$146 million).
Wumart chairman Zhang Wen-zhong said the acquisition is in line with the group's strategy of achieving regional development ...
 
Tesco to launch its own private brands in China  
Tesco has recently announced that it plans to introduce some 500 kinds of own-brand commodities into China in the next few months such as napkins, body soaps, noodles and crackers, via its local joint ventures.
The own-brand commodities will be under the joint-name of Tesco and Hymall, Tesco's joint venture operation in ...
 
Coffee war in Shanghai hits boiling point  
A coffee chain war in Shanghai has reached boiling point and is threatening to spill over into the neighbouring cities in China.
Leading the fray is Starbucks, which has staked its claim on nearly all the choice locations in Shanghai, opening 26 outlets this year compared to just 5 in 2005. The US ...
 
Makro hypermarkets up for sale  
Makro Cash & Carry Distribution (M) Sdn Bhd (Makro Malaysia), owner and operator of Makro hypermarkets, is up for sale.
Its controlling shareholder, Dutch firm SHV Holdings N.V., and its Malaysian partners have agreed to sell their shares in Makro Malaysia.
No reason was given for the sale. However, SHV said the ...
 
Retail Holdings launches 1st tea house in Malaysia  
Retall Holdings Sdn Bhd has recently opened its 1st tea house outlet in Malaysia, based on the concept of a popular tea brand in China.
Its deputy general manager, Lionel Choo said among the tea products available at the tea house will be those produced by the China Tuhsu Yunnan Tea Import ...
 
Coca Cola will test 'cafe in a box' concept  
Coca Cola Co. is pitching a ‘cafe in a box? starting with 3 "concept" stores in Canada, Norway and Singapore.
The beverage giant is not looking to become a coffee-and-tea retailer like Starbucks or any other chains. Instead, it wants to sell a proprietary brewing system for premium espressos, chai teas, cappuccinos ...
 
                 
  
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