All Asia articles – Page 13

  • Asia_retail
    Analysis

    Analysis: Asian retailers on the rise in pursuit of growth

    2013-03-07T07:00:00Z

    Homegrown retailers are expanding rapidly in many Asian countries.  We highlight 10 companies to watch as they extend their reach.

  • HMV administrator Deloitte sells Asian stores to AID Partners
    News

    HMV administrator Deloitte sells Asian stores to AID Partners

    2013-02-28T09:48:00Z

    HMV administrator Deloitte has sold the collapsed entertainment retailer’s stores in Hong Kong and Singapore to AID Partners Capital.

  • News

    Alfamart launches new online shopping service

    2013-02-28T07:00:00Z

    Convenience group Alfamart has launched alfaonline.com, a new online shopping service.Alfamart IT director Bambang Setiawan Djoj said: “Alfamart is the first convenience store retailer in Indonesia that has launched an ecommerce site.”Customers can have goods delivered to their homes or visit their nearest Alfamart store. The service is available at ...

  • News

    Temasek Holdings reveals plans to acquire stake in Matahari

    2013-02-14T07:00:00Z

    Temasek Holdings has revealed plans to acquire a stake in Matahari, operator of Hypermart. Temasek will indirectly buy a 26.1% stake worth $300m (£191.4m) via controlling shareholder Multipolar.The deal, if concluded, would make Temasek one of the major shareholders in Matahari. Private equity firm CVC Partners has hired CIMB, Morgan ...

  • News

    Fast Retailing to open 10 Uniqlo stores in the Philippines

    2013-02-13T07:00:00Z

    Fast Retailing is opening 10 Uniqlo stores this year as it aims to build the brand in the Philippines. Four stores are expected to open in the first half of the year, one in Taguig City’s SM Aura mall.The retailer will also open stores in SM Fairview in Quezon City ...

  • News

    Aeon shows increasing interest in Asian retail market

    2013-01-31T07:00:00Z

    Japanese retailer Aeon and a unit of Thailand’s Central Group are thought to be considering a bid for Indonesia’s Matahari department stores.Private equity firm CVC Capital Partners owns a major stake in Matahari’s retail division, and reports suggest it is seeking as much as $3.5bn (£2.23bn) for a buy-out.Aeon has ...

  • News

    Carrefour's Indonesian franchisee to expand its private-label range

    2013-01-17T07:00:00Z

    French retailer Carrefour’s Indonesian franchisee, CT Corp, is to expand its private-label range in responseto demand.At present the retailer offers about 3,000 private-label SKUs but needs to increase its offer to meet the 5% to 10%demand increase recorded each year.Private label represents 7.5% of the product portfolio, and 60% of ...

  • Tesco chief executive Philip Clarke is preparing to pull the retailer out of the US
    News

    Tesco likely to exit US business as Tim Mason departs

    2012-12-05T08:32:00Z

    Tesco chief executive Philip Clarke is considering exiting the US as he conducts a strategic review of the business.

  • News

    UK and Germany named 'easy' markets for expanding retailers

    2012-09-10T16:07:00Z

    The availability of prime locations, the maturity of the retail property and an open business environment make the UK the second easiest market for retailers seeking to expand, according to a new report.

  • News

    Carrefour opens Click & Drive in Indonesia

    2012-08-23T07:00:00Z

    Carrefour has opened its first drive-in service in Indonesia at the flagship Lebak Bulus hypermarket, south of Jakarta.The initiative, named Click & Drive, enables customers to shop online, choose a time slot and then pick up their goods at a dedicated parking location.Unlike its European equivalents, the drive-in service does ...

  • News

    Supermarket operator Hero to build Indonesia’s first Ikea store

    2012-06-28T09:27:00Z

    Supermarket operator Hero will begin building Indonesia’s first Ikea store by the end of the year.A franchise agreement, signed in March, allows Hero to operate Ikea stores from 2014 to 2021 with an option to extend the licence and add more stores later.The first shop will be in Alam Sutera, ...

  • Argentina, one of the VISTA countries, is not without economic problems
    Analysis

    Overseas growth: Why the VISTA countries are worth considering

    2012-06-26T07:00:00Z

    Retailers eyeing overseas growth often look at the BRIC markets, but VISTA countries – Vietnam, Indonesia, South Africa, Thailand and Argentina – are worth considering.

  • News

    Sporting goods retailer Oxylane opens flagship Decathlon store

    2012-06-20T14:12:00Z

    French sporting goods retailer Oxylane has opened a flagship Decathlon store in Taiwan.The new store is 53,800 sq ft in size and will be expanded to 86,000 sq ft. It will be one of the largest Decathlon stores in Asia, aiming for annual sales of T$500m (£16.9m). Decathlon Taiwan plans ...

  • News

    Fast Retailing to open 49 Uniqlo stores in Greater Manila area

    2012-06-20T14:10:00Z

    Fast Retailing is to open 49 Uniqlo stores in the Greater Manila area over the next three years. The details came as the fashion group opened its first store in the country’s Mall of Asia in Pasay City.Fast Retailing Philippines chief operating officer Katsumi Kubota sees great growth potential in ...

  • Tesco described its first quarter performance as “robust” after reporting a 1.5% decline in UK like-for-like sales
    News

    Tesco records first quarter UK sales fall

    2012-06-11T08:15:00Z

    Tesco described its first quarter performance as “robust” after reporting a 1.5% decline in UK like-for-like sales.

  • News

    Best Denki to launch ecommerce operation in Indonesia

    2012-06-07T07:00:00Z

    Japanese electronics retailer Best Denki is to launch an ecommerce operation in Indonesia. The venture will be run in partnership with Japanese online shopping business Rakuten and Indonesian multimedia company PT Global Mediacom Tbk. The transactional website, called Rakuten Belanja Online, is to go live on June 1. Indonesia is ...

  • My-wardrobe.com is to expand into Asia starting with a business in Singapore
    News

    My-Wardrobe set to enter Asia

    2012-05-17T09:38:00Z

    My-Wardrobe.com is to expand into Asia starting with a business in Singapore.

  • Aurora
    News

    Aurora: Focusing on growth

    2012-04-23T07:00:00Z

    The fashion group is driving success by focusing on multichannel and overseas growth.

  • Chris Brook-Carter
    Opinion

    Tesco’s revival relies on getting basics right

    2012-04-20T07:00:00Z

    At one point in the run-up to Wednesday’s announcement by Tesco chief executive Philip Clarke, it seemed he would be left with little to say.

  • Analysis

    Analysis: Retailing in China

    2012-04-20T07:00:00Z

    The growing economic powerhouse is now the world’s biggest grocery market, and where the supermarkets go, others are following.