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Retail news around the globe
Ikea unveils planning studio in Singapore; BHG and Raffles City reveals lifestyle store concept; Carrefour, Alimentation...
Circle K parent Couche-Tard offers US$20 billion for Carrefour
If closed, the deal would create a company worth more than US$50 billion.
Carrefour starts rebranding Wellcome stores in Taiwan
Deal settled after regulatory approval secured.
Grocery giants join fight against deforestation for palm oil, soy planting
Seventeen of the world’s largest consumer goods retailers and manufacturers have formed a coalition to eliminate defores...
Carrefour launches new pet-store concept
French supermarket chain Carrefour has launched a new pet store concept in Paris, in collaboration with Invivo Retail’s ...
Dairy Farm sells Wellcome Taiwan to Carrefour
Hong Kong-headquartered Dairy Farm is to sell its Wellcome Taiwan grocery retail business to Carrefour, with settlement ...
Carrefour China achieves its first quarterly profit in seven years
Carrefour China has achieved its first quarterly profit in seven years according to the CEO of Suning Group, which bough...
Suning to open 10,000 new China stores next year
Chinese O2O retailer Suning plans to open 10,000 new stores next year, capitalising on 'consumption upgrade' in China.
Suning.com boosts sales, outlines Carrefour plans
Chinese O2O retailer Suning.com says sales from its online platforms and physical stores rose by 24.27 per cent in the t...
Costco China opens first store in Shanghai
US warehouse retailer Costco opened its first store in China today, against a background of a worrying trade war between...
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