Dairy Farm Archives - Page 3 of 4 - Inside Retail Asia
Weak performances in Singapore and Indonesia eroded underlying profits in multinational retailer Dairy Farm Group’s food division last year.
Dairy Farm International Holdings says softer sales growth and steep cost increases led to weakened margins in the third quarter.
Hong Kong-headquartered Dairy Farm is continuing to shutter stores in Indonesia, a victim of government policies and a general economic slowdown.
Dairy Farm says it achieved “modest” like-for-like sales growth in most of its major markets in the first half of this year.
IDG presents five key trends in Vietnam retailing.
Dairy Farm International Holdings has confirmed the completion of its acquisition of a 19.99 per cent strategic stake in Yonghui Superstores.
Hong Kong’s Dairy Farm International has acquired the Macau-based supermarket operator, San Miu Supermarket.
Dairy Farm International has been given regulatory clearance to acquire its target 19.99 per cent stake in Shanghai-listed Yonghui Superstores.
Hero Indonesia, the supermarket and healthcare retailer, is looking to Ikea to boost its fortunes after a challenging 2014 in its core food and grocery business.
Hong Kong corporate retailer Dairy Farm International Holdings has take a strategic stake in one of the Philippines’ biggest pharmacy chains. Family-controlled Rose Pharmacy Inc was founded in Cebu in 1992 and now has 238 stores across the Philippines. In a brief statement, Dairy Farm said it intends to support the future growth of what is now a joint venture by broadening its consumer offering as part of the Group’s wider Health & Beauty portfolio. Dairy Farm owns the Guardian an…
Japanese retailer and mall operator Aeon has entered into wholesaling partnerships with two Vietnamese domestic retail networks. The company, which operates just one shopping centre and hypermarket in Vietnam – in the commercial hub of Ho Chi Minh City – but has others under construction will use the new distribution agreements to boost brand recognition of its Topvalu private label lines. Aeon has partnered with Fivimart and Citimart, which operate about 40 small scale supermarkets and co…
Boots, the UK’s leading pharmacy-led health and beauty retailer, has opened a dedicated area within the new Guardian flagship store in Ngee Ann City, Singapore. Boots has partnered with Dairy Farm, a leading pan-Asian retailer, to sell the Boots products in Singapore, and by the end of December 2013, they will be available in nine selected Guardian stores. Boots will offer a range of its beauty brands including No7 skincare and cosmetics, Botanics, Champneys, Mark Hill, Boots Dermocar…