All Asia articles – Page 14

  • News

    Walmart to focus on expanding existing operations

    2012-04-18T16:31:00Z

    Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...

  • News

    Uniqlo stores to sweep China

    2012-04-18T16:31:00Z

    Clothing giant Fast Retailing has revealed that its Uniqlo International division plans to accelerate the pace of new store openings in Greater China from 32 stores in 2011 to 80 in 2012. The first Uniqlo shop is scheduled to launch in the Philippines in June this year and the retailer ...

  • News

    Bharti Walmart to establish online operations in India

    2012-04-18T16:30:00Z

    Bharti Walmart is likely to set up an online operation in the country with the grocer reportedly looking to partner with domestic ecommerce companies. Online retailing is gaining ground in India with several companies such as Amazon’s Jungle.com coming to the market, an indirect entry owing to the current restrictions ...

  • News

    Seven & I Holdings posts 20% profit for year

    2012-04-18T16:30:00Z

    Convenience store operator Seven & I Holdings has posted a 20% rise in operating profit to ¥292.1bn (£2.41bn) for the full year ended February 29, 2012. Net profit increased 16% to ¥129.8bn (£1.07bn), however net sales fell 11.4% to ¥4.01 trillion (£33.03bn) mainly due to a change in accounting methods ...

  • Dairy Farm
    Analysis

    The pan-Asian grocery boom continues

    2012-04-13T00:00:00Z

    While many retailers in Western Europe and North America struggle for growth in saturated markets, retailers well situated in higher growth developing markets continue to grow and expand.

  • News

    Aeon launches new tablet device

    2012-04-11T10:09:00Z

    Aeon has launched a tablet device, jointly developed with domestic telecoms company NTT and electronics manufacturer Sharp. The device is designed to help families organise their daily activities, manage schedules and communicate as well as facilitate online shopping via Aeon’s net support service app. Aeon plans to equip the tablet ...

  • News

    Japanese convenience store Lawson to expand in China

    2012-04-11T10:00:00Z

    Convenience store operator Lawson has unveiled plans to step up its expansion in China. At present the retailer has 335 shops in the country and the intention is to have 10,000 by 2020. Lawson may consider an acquisition to rapidly increase its store network.Like other Japanese convenience store players, Lawson ...

  • News

    Ikea signs franchise agreement in Indonesia

    2012-04-05T07:00:00Z

    Home furnishings retailer Ikea has signed a franchise agreement with the Indonesian publicly listed retail conglomerate PT Hero Supermarket. “Ikea gives rights and responsibilities to [Hero] to open and operate Ikea stores in Indonesia,” a statement to the Jakarta Stock Exchange revealed, without providing details on the investment value and ...

  • Restrictions on moving people around the city may have an impact on retailers
    Analysis

    London 2012: will retailers benefit?

    2012-02-24T00:00:00Z

    You don’t need a ticket to gain extra sales from this year’s Olympic Games but, as Mark Faithfull reports, not all retailers stand to benefit from the events taking place in the UK this summer.

  • News

    Fast Retailing introduces brand to the Philippines

    2012-02-16T07:00:00Z

    Japan-based Fast Retailing is confident that introducing the brand to the Philippines will help it achieve its goal of being the number one clothing retailer in Asia, and the world by 2020. Naoki Otoma, group executive vice-president of Fast Retailing and managing director of Uniqlo Asia and Japan, said the ...

  • The Body Shop enjoyed a 4.2% increase in like-for-like sales growth in 2011
    News

    The Body Shop records 'solid' growth

    2012-02-14T09:12:00Z

    The Body Shop enjoyed a 4.2% increase in like-for-like sales growth in 2011 following a “militant” approach to innovation.

  • Tesco has partnered with retailer Fawaz Abdulaziz Al Hokair & Co
    News

    Tesco enters F&F partnership in Saudi Arabia

    2012-01-17T00:02:00Z

    Tesco has created a new franchise model to enter Saudi Arabia as it looks to turn its F&F fashion label into a major global brand.

  • News

    Japanese retailer Aeon plans expansion in Vietnam

    2011-10-24T07:00:00Z

    Japanese retailer Aeon has stated its plans to expand its presence in Vietnam. Its first supermarket will be located in Ho Chi Minh City, and will be open by 2014. The company is scheduled to obtain an investment licence from the Vietnamese government. In Vietnam, Aeon operates its Aeon Credit ...

  • A lack of experienced staff means retailers are struggling to recruit in China
    Analysis

    China’s recruitment problem

    June 17 2011

    Retail growth in China means finding skilled recruits can be a struggle, says Rebecca Thomson

  • Manu_Ghai.jpg
    Analysis

    Walmart China takes a hit as two top executives quit

    June 3 2011

    Walmart has said that two senior executives at its Chinese operation, chief financial officer Roland Lawrence and chief operating officer Rob Cissell - formerly of B Q and Robert Dyas - have resigned.

  • Littlewood, Shop Direct, Isme, Very
    News

    Shop Direct sets sights on overseas expansion

    2011-04-28T00:00:00Z

    Etail giant Shop Direct is plotting international expansion for its Very and Isme brands, and is to grow its Littlewoods brand outside Europe.

  • Tesco fascia
    News

    Tesco’s candour impresses City

    2011-04-28T00:00:00Z

    The City was impressed with Tesco chief executive Phil Clarke last week when he delivered his first full-year results, although sales slipped slightly by 1.28% on the day.

  • Ann Summers fascia
    News

    Ann Summers to move overseas once global economy improves

    2011-04-28T00:00:00Z

    Ann Summers is eyeing international markets to expand its lingerie and sex toys business.

  • Stephen Sunnucks
    News

    Bigger role for Sunnucks as Gap picks London as its non-US base

    2011-04-21T00:00:00Z

    US fashion giant Gap is to take advantage of the UK’s “great retail talent” by making London its new international hub as it improves efficiencies across the business.

  • Opinion

    Tesco needs to rekindle UK shoppers' affection

    April 21 2011

    In his short time in charge of Tesco, Phil Clarke has already shown he’s one for straight talking.