Mongolia Archives - Inside Retail Asia
Lotte opens Lotteria in Mongolia
Korean conglomerate Lotte is launching its fast-food chain Lotteria in Mongolia.
First Tous les Jours Mongolia store opens
Two Tous les Jours Mongolia shops have opened in Ulaanbaatar, both attracting unexpectedly high numbers of customers.
Profit falls as QKL Stores buys market share
QKL Stores, a regional supermarket chain in Northeastern China and Inner Mongolia, has announced improved sales, but lower profit in the second quarter.
Domino’s eyes Asia growth
Pizza chain Domino’s says it will enter Cambodia next year and Myanmar after 2015. Investigations are under way to locate franchise partners in Mongolia, Papua New Guinea and other developing markets in the Asia Pacific region, where it plans to double its 2500 strong network within eight years. Speaking to journalists in Bangkok, Dominos International VP for Asia-Pacific, Steven Pizziol, said the plan was to expand the regional network by 10 per cent annually. “In the next five years…
Chinese supermarket chain expands
China’s supermarket chain QKL Stores has opened two new hypermarkets in northeastern China and Mongolia. The Mongolia store, of approximately 8500 sqft, is located in Zhalantun City, inside the new shopping mall in the center of the city’s commercial district, serving about 160,000 potential Chinese customers. The other store is in Jiansanjiang City, Heilongjiang Province, with a population of approximately 200,000. It is approximately 10,300 sqm in size. “We look forward to playing an …