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China’s grocer QKL bullish
Chinese supermarket operator QKL remains bullish despite an unsatisfactory performance in the first quarter. While it re...
Wumart sales fall
Tougher competition and rising costs have dented the profit of Chinese retailer Wumart. The supermarket operator said 20...
CP Lotus sells China stores
Chinese supermarket operator Wumart has agreed to buy 36 CP Lotus stores in China. Thai company CP Lotus, a unit of Char...
Ayala expands retail business
Filipino property developer Ayala Land is to increase its focus on its retail business. AL’s target is to open as ...
Japanese grocer heads to China
Japanese supermarket operator Maruetsu is to open its first overseas store – in China. Maruetsu says it will open ...
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